Blog Main > 2015 Year End Market Statistics

Market trends and analysis post 2015. 

 

Statistically the Best


According to data collected from the Billings MLS feed, in 2015 we

were the top ten agencies of those registered in the billings MLS,
Berhshire Hathaway HomeServices Floberg Real Estate has the most
volume in terms of closing.

 

Why we're the best.

Here at Berkshire Hathaway HomeServices Floberg Real Estate, we
attribute our success to the wonderful team and our core standards, a
strong sense of morality and professionalism. We want to make your
buying and selling experience easy and enjoyable. The loyalty of our
customers and quality of our agents is what has kept us in business
for over 50 years.

 

Averaging Out


MLS Average Days on Market: 57
Our Average Days on Marked: 54

Current Active Residential Listings: 902
Last Yr Active Residential Listings: 985

MLS Residential Conversion Rate: 65.1%
Our Residential Conversion Rate: 68.4%

MLS Average Residential Sale: $238,799
Our Average Residential Sale: $280,457

 

Comparing to Last Year


In December, we see evidence of what your
Real Estate agent has been probably telling
you all this year. Inventory is mostly down,
from last year, with the exception of a few
and that could be good for you as a seller.

 

The Market Now


The average home sale prices in the Billings
area are on a slow upward trend and
continue to back up claims of stability in the
market. The biggest jump in housing value is
the Billings Heights with a 6% increase over
the last year and an 18% increase over the
past 5. Also of interest, Columbus has seen
a 42% increase in average sale price over
the past 5 years.

Inventory has been low, so now is the time to
sell. It means fewer days on market and
better value for your home, but as a buyer,
don't hesitate! You may miss out.

 

Statistics and charts prepared by Berkshire Hathaway HomeServices Floberg Real Estate. This information is based in whole or part on data supplied by the Billings Association of REALTORS Multiple Listing Service. 
Neither the Association nor its MLS guaranteed nor is in any way responsible for its accuracy. Data maintained by the MLS does not reflect all real estate activity in the area real estate market.