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December 3, 2009

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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Cheyenne, Wyoming

Reported by Connie Webb, REALTOR, CRS, GRI

Updated December 3, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Articlebase.com had an interesting take on Cheyenne and homes sales. It reported that while Cheyenne might seem like it and out of the way, this is defiantly not the case! Many people are starting to move to Cheyenne, at a very fast rate. Not only are there many new companies starting up, but many established companies such as 3M, and Intel are opening up offices and need qualified people to work there. In addition to highly specialized jobs, there are jobs for teenagers and people who do not have a specific skill. Fast food restaurants and construction companies are constantly offering bonuses for people who come and work with the same company for a month or more. You can earn as much as $500 just for staying as an employee with the same company!

In the next few years, the amount of excess homes will make this area perfect for just about anyone. Right now, the best home rates are on existing homes. These existing homes are very well cared for, do not cost a large amount of money and usually will come with a large tract of land. Do you enjoy hunting? How about being able to spread out your home across several acres? Well, then Cheyenne may be the perfect place to move to.

The Cheyenne Multiple Listing Service recently came out the their Residential Statistics for August 2009
According to their figures there were 759 active listing, 235 homes were pending 106 homes were sold. The average list price was $1189,713, Average sold price was $186,016 and average Days on Market (DOM) was 74.

Compare that to the Cheyenne Multiple Listing Service for August 2008. According to their figures there were 960 active listing,199 homes were pending 138 homes were sold. The average list price was $186,080, Average sold price was $183,315 and average Days on Market (DOM) was 86..

Please go to www.Move2Cheyenne.com to request a FREE Relocation Packet from Connie!



ZIP Code: 82001

Approximate Location Boundaries: Laramie County

Location Characteristics: A great city to raise a family or to retire in. Great schools, medical facilities, close to large urban areas. Easy access for all out door sports, and just a great place to call home.

For More Information:

View Market Conditions of other areas served by Connie Webb

Navigate: Top > Wyoming > Cheyenne

About Connie Webb:
Connie Webb has been a Realtor for more than 15 years. She has also lived in Wyoming for most of her life. Her familiarity with the area and her experience makes her an expert in the Cheyenne Market. Call today to talk to Connie! 1-800-221-5064.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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