Housing Inventory: Average Listing Price in Montana
AVELISPRIMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,154,428.00
Year-over-Year Change
-1.65%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Average Listing Price in Montana' measures the average price of homes listed for sale in the state of Montana. This metric is closely watched by economists and policymakers as an indicator of housing market conditions and affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series provides insights into the typical home prices that buyers can expect to see in the Montana housing market. It helps analysts and decision-makers understand trends in home prices and affordability, which are critical factors influencing consumer spending, business investment, and overall economic activity.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using listings from real estate websites and other industry sources.
Historical Context
Policymakers, economists, and real estate professionals closely monitor this metric to gauge the health of the housing market and its broader economic implications.
Key Facts
- The average listing price in Montana reached a record high of $490,000 in 2022.
- Montana has seen a 35% increase in average home prices over the past 5 years.
- Affordability remains a concern as listing prices continue to outpace income growth in the state.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Average Listing Price in Montana' measures the typical price of homes listed for sale in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into housing market conditions and affordability, which are critical factors influencing consumer spending, business investment, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using listings from real estate websites and other industry sources.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and real estate professionals closely monitor this metric to gauge the health of the housing market and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, with minimal delays, and provides a comprehensive view of the Montana housing market.
Related Trends
All Employees: Truck Transportation in Montana
SMU30000004348400001A
Real Gross Domestic Product: Oil and Gas Extraction (211) in Montana
MTOILGASRGSP
All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in Montana
SMU30000003132100001SA
Interbank Deposits in All Commercial Banks in Montana
X08IOACBIMT
Chain-Type Quantity Index for Real GDP: Private Services-Providing Industries in Montana
MTPRISERVPROQGSP
Housing Inventory: Price Reduced Count Year-Over-Year in Montana
PRIREDCOUYYMT
Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price in Montana (AVELISPRIMT), retrieved from FRED.