Page 14 - HC Trends Report 2020

$2,000 $1,500 $1,000
AVERAGE RENT FOR HOME OR APARTMENT
HELENA HOUSING SALES:
Number of Homes Sold
2014 2015 2016 2017 2018 2019
$573 $703 $500
$0
(Source: Helena Association of Realtors, Bestplaces.net)
2017
106
2018 2019
94 53
$892
Average Home Sales Price
2014 2015 2016 2017 2018 2019
$229,894 $233,868 $256,331 $269,385 $283,190 $301,411
Average Days on Market
$1,433 $1,278
877 936
1,041 983 954 796
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%
(Source: Montana Building Industry Association)
RESIDENTIAL PERMITS - City of Helena
2012................195 permits = $27.4 million 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 PLUS: 181 permits for new septic systems in the valley outside of city limits
(Source: City of Helena)
COMMERCIAL PERMITS - City of Helena
2012................195 permits = $50.4 million 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 PLUS: 29.5 million for East Helena High School
REAL ESTATE
14 2020 Trends Report