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inventory: Missoula area absorption rates - early March - 03/05/12 07:56 AM
Yesterday was a beautiful day in the valley, highs near 60 degrees and lots of sunshine.  In my almost 13 years in the business I've seen that many times when the sun starts shining and it begins to warm up, buyer activity seems to increase as well.  With the spring market starting to arrive I thought I'd put together a quick look at the last 30 days absorption rates to see where Missoula's inventory levels are sitting in early March.
As a quick refresher, the absorption rate represents the total amount of supply currently listed for sale in our market.  I … (0 comments)

inventory: Lets Talk Supply - 07/31/10 02:06 AM
A Blog I read quite often is called The Calculated Risk Blog, in this story: http://www.calculatedriskblog.com/2010/07/existing-homes-double-digit-months-of.html the story I've linked to talks about expected supply of double digits in the months to come regarding re-sale homes.  CRB expects supply of existing homes to get into double digits and stay there for a while.  Usually when we talk supply 8 months or less is considered a "healthy" market.  Based on this blog I thought I'd see how Missoula stacks up.
Missoula active listed inventory: 941
Sales to date: 522
Using the CRB math for supply: 941/522 * 7 = 12.62 months so a slightly over-stocked market.  That's the total … (3 comments)

 
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Brint Wahlberg

Missoula, MT

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Windermere Real Estate

Address: 2800 S. Reserve Street, Missoula, MT, 59801

Office Phone: (406) 541-6550 x 242

Cell Phone: (406) 529-4663

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Mainly Real Estate-based discussion about whatever floats into my head.


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