WY: Casper Home Prices Dropped in 2011

U.S. home values have declined nearly 30 percent since peaking in June 2006, according to a firm that tracks real estate activity.

But Jill Kamber, president of the Casper Board of Realtors, said prices have dropped significantly in Casper, particularly among some higher-priced properties. An analysis by her company, RE/MAX The Group, indicates the average sales price of homes in Natrona County dropped from $192,049 in 2009 to $188,786 in 2010, and to $180,594 in the first four months of 2011.

Homes for sale have spent an average of 151 days on the market, according to the April report. Among the top five Casper real estate firms, the year-to-date average list price versus average sale price was about 97 percent.

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Full Story from the Billings Gazette

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