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Q1 2019 Quarterly Indicator
Q1 2019 Quarterly Indicator
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Single Family Market Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Single Family properties only.
Percent Percent
Key Metrics Historical Sparkbars Q1-2018 Q1-2019 Change YTD 2018 YTD 2019 Change
Percent of List Price Received 98.9% 98.0% - 0.9% 98.9% 98.0% - 0.9%
Q1-2013 Q3-2014 Q1-2016 Q3-2017 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 2
Condo/Townhouse Market Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Condo/Townhouse properties only.
Percent Percent
Key Metrics Historical Sparkbars Q1-2018 Q1-2019 Change YTD 2018 YTD 2019 Change
Percent of List Price Received 98.9% 98.2% - 0.7% 98.9% 98.2% - 0.7%
Q1-2013 Q3-2014 Q1-2016 Q3-2017 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 3
New Listings
A count of the properties that have been newly listed on the market in a given month.
600
400
200
0
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 4
Pending Sales
A count of the properties on which offers have been accepted in a given month.
500
400
300
200
100
0
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 5
Closed Sales
A count of the actual sales that closed in a given month.
400
300
200
100
0
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 6
Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.
200
150
100
50
0
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 7
Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
$400,000
$300,000
$200,000
$100,000
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 8
Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 9
Percent of List Price Received
Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given
month, not accounting for seller concessions.
Q1-2019 Year to Date Pct. of List Price Single Year-Over-Year Condo / Year-Over-Year
Received Family Change Townhouse Change
98.0%
96.0%
94.0%
92.0%
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 10
Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of what is
necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
200
175
150
125
100
75
50
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 11
Inventory of Homes for Sale
The number of properties available for sale in active status at the end of a given month.
1,200
1,000
800
600
400
200
0
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 12
Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
20.0
15.0
10.0
5.0
0.0
Q1-2004 Q1-2005 Q1-2006 Q1-2007 Q1-2008 Q1-2009 Q1-2010 Q1-2011 Q1-2012 Q1-2013 Q1-2014 Q1-2015 Q1-2016 Q1-2017 Q1-2018 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 13
All Properties Combined Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Percent Percent
Key Metrics Historical Sparkbars Q1-2018 Q1-2019 Change YTD 2018 YTD 2019 Change
Percent of List Price Received 98.9% 97.9% - 1.0% 98.9% 97.9% - 1.0%
Q1-2013 Q3-2014 Q1-2016 Q3-2017 Q1-2019
Current as of April 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime. | 14