A Look Back at 2013 Market Stats

In 2013 North Big Horn County had 92 transaction sides reported close from Jan 1- Dec. 3. (not every transaction is reported to the Northwest Wyoming Board of REALTORS)  Each closed sale typically has two sides, the listing side and the selling side.  The agent who works with the seller to list and market their home is compensated at closing as is the agent working with the buyer.  When both sides are handled by the same agent the agent statistically has 2 transaction sides. In 2013 the average days on market in North Big Horn County was 182.  It takes about 6 months from the list day to the closing day in our market right now.  Of course there are the extremes on  both sides but in this case I believe that the average is a pretty accurate reflection of the current reality.

The average list price in 2013 was $142,500 and the average sale price was $135,300.  That is a fairly strong 94% of list which again…reflects what’s actually happening in the North Big Horn market.   I am please to report that Johnson Home and Land’s listings were slightly under the average for days on market at 160.  That is nearly a month shorter marketing time and if you are a family in the process of moving 22 days is a big deal.  I am also thrilled that we are again ranked #1 in market share with 33 of the 92 transaction side being JH&L’s.

So….we are thankful to have had another great year in real estate and hope that we can continue to provide meaningful service to our customer and clients.   I LOVE my job and providing critical assistance to people with their housing needs is fulfilling enough that if I could…..I would do it for free.

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Sarah

 

 

About Sarah Johnson

Johnson Home and Land is a small but active real estate firm in rural northwest Wyoming. We are an experienced team of professionals who seek inform our readers about the local and national real estate market. Contact us at info@johnsonhomeandland.com or 307-548-6909
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