Below is a snapshot of market activity for the week of January 13, with additional insight by ZIP code.

•    Average Sales Price: $305,711
•    Average Days on Market: 121 days
•    Active Listings: 93 homes
•    Homes Under Contract: 34 properties
•    List-to-Sale Price Ratio: 100.86%

 

The list-to-sale price ratio above 100% indicates that, on average, homes are selling very close to (and in some cases slightly above) their original list prices. This suggests that well-priced homes can continue to attract serious buyer interest despite longer overall days on market.

 

•    Active Listings: 61 homes
•    Homes Under Contract: 25 homes
•    Homes Sold Year-to-Date: 9
•    Average Days on Market: 117 days
•    Average Sales Price: $345,302

ZIP Code 82718 continues to represent the higher-priced segment of the local market. Homes here are selling slightly faster than the citywide average, supported by stronger pricing and steady buyer activity.

 

•    Active Listings: 32 homes
•    Homes Under Contract: 9 homes
•    Homes Sold Year-to-Date: 3
•    Average Days on Market: 129 days
•    Average Sales Price: $213,333

The 82716 area reflects more modest pricing, with longer average days on market. Inventory remains available, which may present opportunities for buyers seeking affordability, while sellers should focus on pricing strategy and property presentation.

 

This week’s data indicates a stable residential market in Gillette, characterized by balanced supply and demand. Sale prices continue to align closely with list prices, while extended average days on market suggest measured buyer activity rather than urgency. Variations between zip codes reinforce the importance of localized market analysis, as pricing and absorption rates differ meaningfully across the community. Buyers and sellers who rely on current MLS data and realistic pricing strategies are best positioned to navigate prevailing market conditions effectively.