FIRST HALF MARKET TRENDS 2022 · Southeastern Montana
CONTENTS 03 Yellowstone County 04 Carbon County 05 Big Horn County 06 Billings 07 Laurel 08 Red Lodge 09 PureWest Locations The foregoing information was obtained from the BARMLS and while deemed reliable is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. THANK YOU TO OUR CLIENTS
YELLOWSTONE COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN YELLOWSTONE COUNTY $297,470,000 $322,810,000 $347,747,000 $436,293,000 $471,364,000 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001$1,500,001$1,500,000andUp AVERAGE DAYS ON MARKET 120 days 2021: 125 days $275,000 $305,000 $267,448 $336,697 $389,783 $253,222 $259,966 $260,000 $310,000 $363,500 $107,379 $99,250 $121,714 $135,731 $129,309 $80,000 $80,399 $79,900 $89,700 $82,000 RESIDENTIAL units sold 20222021202020192018 1137 1217 1252 1218 1132 21%47%29%3%.2% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 172 days 2021: 181 days AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the BARMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.
CARBON COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN CARBON COUNTY $16,599,000 $29,246,000 $27,890,000 $68,742,000 $75,632,000 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 AVERAGE DAYS ON MARKET 71 days 2021: 104 days $281,900 $322,209 $338,886 $445,107 $515,415 $275,000 $304,900 $318,250 $387,500 $432,300 RESIDENTIAL units sold 20222021202020192018 48 7176 10711424%26%42%6%.5% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 109 days 2021: 125 days $1,500,001$3,000,001$3,000,000andUp 1% $109,564 $108,138 $93,383 $109,756 $227,592 $80,000 $99,250 $50,400 $72,000 $129,000 AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the BARMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.
BIG HORN COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN BIG HORN COUNTY BY PRICE POINT $250,000 and Below $250,001$500,001$500,000andUp 73 days 2021: 136 days $119,500 $137,950 $149,000 $202,530 $188,000 $138,571 $154,444 $135,095 $170,500 $180,426 7 9 21 30 23 11%85%4% AVERAGEMEDIAN 140 days 2021: 317 days $13,500 $190,000 $660,500 $42,200 $22,250 $79,500 $56,250 $19,000AVERAGEMEDIAN LAND 2018 2019 2020 2021 2022 2019 2020 2021 2022 RESIDENTIAL $970,000 $1,417,000 $3,027,000 $9,379,000 $4,319,000 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the BARMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 closed RESIDENTIAL transactions AVERAGE DAYS ON MARKET RESIDENTIAL units sold 20222021202020192018 AVERAGE DAYS ON MARKET AVERAGE & MEDIAN sales price
BILLINGS sold properties - first half 2022 TOTAL GROSS* sales volume IN $265,668,000BILLINGS$283,977,000 $312,661,000 $390,261,000 $419,073,138 BY PRICE POINT AVERAGE DAYS ON MARKET 119 days 2021: 124 days $252,869 $259,506 $269,044 $337,125 $386,994 $233,800 $240,900 $247,400 $295,500 $359,300 1020 1077 1125 1099 1022 .33%21%48%28%3% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 189 days 2021: 212 days $115,554 $78,759 $126,423 $130,865 $127,506 $68,500 $67,500 $82,500 $87,500 $79,500 RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the BARMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 closed RESIDENTIAL transactions $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 RESIDENTIAL units sold 20222021202020192018$1,500,001 and Up AVERAGE & MEDIAN sales price
LAUREL sold properties - first half 2022 TOTAL GROSS* sales volume IN $22,547,000LAUREL $24,498,000 $21,374,000 $25,326,000 $24,375,000 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001$800,001$800,000andUp AVERAGE DAYS ON MARKET 118 days 2021: 162 days $268,732 $241,852 $248,212 $332,953 $391,179 $240,300 $214,400 $214,550 $269,750 $346,200 RESIDENTIAL units sold 20222021202020192018 80 98 7479 56 21%48%28%3% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 102 days 2021: 137 days $159,600 $132,800 $135,762 $114,417 $205,735 $116,411 $112,200 $115,900 $78,600 $144,000 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the BARMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. AVERAGE & MEDIAN sales price LAND 2018 2019 2020 2021 2022 RESIDENTIAL 2018 2019 2020 2021 2022
RED LODGE sold properties - first half 2022 TOTAL GROSS* sales volume IN RED LODGE $10,807,000 $15,660,000 $16,460,000 $41,477,000 $43,803,000 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 AVERAGE DAYS ON MARKET 131 days 2021: 162 days $323,061 $332,956 $421,007 $485,905 $582,447 $270,500 $283,000 $399,000 $410,900 $465,500 RESIDENTIAL units sold 20222021202020192018 28 42 35 66 60 26%29%33%9%3% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 107 days 2021: 118 days $1,500,001 and Up $115,554 $78,759 $126,423 $130,865 $127,506 $68,500 $67,500 $82,500 $87,500 $79,500 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the BARMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
PUREWESTREALESTATE.COM SOUTHEAST MONTANA LOCATIONS RED LODGE 21 Broadway Avenue North Red Lodge, MT 406.601.424059068 BILLINGS 1321 Discovery Drive Billings, MT 406.601.421059102
