CY2010 Stats Breakdown


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 CY2010                      1st Quarter        2nd Quarter       3rd Quarter       4th Quarter

 

Average Active                    489                  604                  646                  516

Homes for Sale

 

Average Number                  29                    57                    45                    44

Of Homes Sold                      

 

Average Sales Price             199                  214                  228                  213

(Thousands of $)

 

Average Days on Market      123                  120                  121                  133

 

% of Homes that Sold          6%                   9%                   7%                   9%

 

 

Estimating approximately 250 Realtors in the Helena area, statistics indicate that only 12% of the Realtors will sell a home each month.

 

The 2nd quarter saw a large increase in the volume of homes for sale due to the expiring Federal Housing Tax Credit. Many of those homes closed escrow in the 2nd and 3rd quarters. Although the 4th quarter was in the shadow of the expired Federal program, the market held its own. 

 

The Sales Price and Days on the Market really didn’t show significant change or indicate a trend worth mentioning. These numbers will reveal more in the coming months as we progress into CY 2011.