Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Montana
MEDLISPRIPERSQUFEEMMMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.99
Year-over-Year Change
-39.26%
Date Range
7/1/2017 - 8/1/2025
Summary
This trend measures the month-over-month change in the median listing price per square foot for homes in Montana. It provides insights into the state's housing market dynamics and price pressures.
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
The Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Montana metric tracks the change in the typical price per square foot for residential properties listed for sale in the state. This data point is used by economists and policymakers to analyze housing affordability and supply-demand imbalances.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on listings across Montana.
Historical Context
This trend is closely monitored by real estate professionals, financial analysts, and policymakers to assess the health of Montana's housing market.
Key Facts
- Montana home prices have risen steadily in recent years.
- The median listing price per square foot provides a standardized metric for tracking housing affordability.
- Month-over-month changes in this trend can signal shifting market dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the median listing price per square foot for homes in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: The median listing price per square foot is a key indicator of housing affordability and market conditions in Montana, making it relevant for real estate professionals, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on residential property listings across Montana.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the state's housing market, identify affordability challenges, and inform policy decisions related to housing supply, zoning, and mortgage lending.
Q: Are there update delays or limitations?
A: The data is released monthly, with a short delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Montana (MEDLISPRIPERSQUFEEMMMT), retrieved from FRED.