Page 18 - HC Trends Report 2021

REAL ESTATE
$2,000 $1,500 $1,000
AVERAGE RENT FOR HOME OR APARTMENT
HELENA HOUSING SALES:
$573 $703 $500
$0
(Source: Helena Association of Realtors, Bestplaces.net)
$1,433 $1,278
Number of Homes Sold 2015 2016 936 1,041
2017 2018 2019 2020
983 954 796 1,050
$892
Average Home Sales Price
2015 2016 2017 2018 2019 2020
$233,868 $256,331 $269,385 $283,190 $301,411 $352,234
Average Days on Market
2017 2018 2019 2020
106 94 53 10
Studio 1
2
Bedroom Bedroom Bedroom Bedroom
3
4
HOUSING
LEWIS AND CLARK COUNTY:
Housing Starts: (Excludes Helena)
2013 - 257...................Up 28.9%
2014 - 203...................Down 21% - Plus 48 in Helena
2015 - 182...................Down 10% - Plus 62 in Helena
2016 - 212...................Up 16.5% - Plus 50 in Helena
2017 - 225...................Up 6.8% - Plus 23 new multi-family dwellings (duplexes, triplexes, fourplex, etc.) 2018 - 183...................Up 28.9%
2019 - 208...................Up 13.5%
2020 - 260...................Up 28% - Plus 39 in Helena
(Source: Montana Building Industry Association)
RESIDENTIAL PERMITS - City of Helena
2013................215 permits = $26.5 million 2014................205 permits = $41.8 million 2015................301 permits = $33.3 million 2016................263 permits = $48.6 million 2017................232 permits = $28.9 million 2018................364 permits = $43.65 million 2019................316 permits = $42.3 million 2020................247 permits = $22.5 million
PLUS: 260 permits for new septic systems in the valley outside of city limits
(Source: City of Helena)
COMMERCIAL PERMITS - City of Helena
2013................215 permits = $48.1 million 2014................229 permits = $49.3 million 2015................261 permits = $68.9 million 2016................217 permits = $67.2 million 2017................196 permits = $47.1 million 2018................169 permits = $99.4 million 2019................156 permits = $46.2 million 2020................146 permits = $51.8 million
18 2021 Trends Report