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absorption rate: City of Red Lodge Market Statistics for Residential at February 2009 Month End - 03/02/09 10:52 AM
City: Red Lodge
Type: Residential
Date: February 28, 2009
Total inventory: 98 *
* Total inventory includes 13 properties with a status of "Contingent".
For an explanation of absorption rate and how it is calculated, see the following post:
City of Red-Lodge Market Statistics for Residential at Year End 2008
Please note that the absorption rate is not a guarantee of the time it would actually take to sell a property.
I also have the absorption rate statistics broken down by price range for Residential and by acreage for Vacant Land. I have this data for Red Lodge as well as … (0 comments)
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absorption rate: City of Red Lodge Market Statistics for Vacant Land at February 2009 Month End - 03/02/09 10:42 AM
City: Red Lodge
Type: Vacant Land
Date: February 28, 2009
Total inventory: 222
For an explanation of absorption rate and how it is calculated, see the following post:
City of Red Lodge Market Statistics for Vacant Land at Year End 2008
Please note that the absorption rate is not a guarantee of the time it would actually take to sell a property.
I also have the absorption rate statistics broken down by price range for Residential and by acreage for Vacant Land. I have this data for Red Lodge as well as for the Red Lodge MLS which includes not … (0 comments)
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absorption rate: City of Red Lodge Market Statistics for Residential at January 2009 Month End - 01/31/09 07:58 PM
City: Red Lodge
Type: Residential
Date: January 31, 2009
Total inventory: 95
For an explanation of absorption rate and how it is calculated, see last month's post:
City of Red-Lodge Market Statistics for Residential at Year End 2008
Please note that the absorption rate is not a guarantee of the time it would actually take to sell a property.
I also have the absorption rate statistics broken down by price range for Residential and by acreage for Vacant Land. Feel free to contact me if you are interested to get an estimate (based on the inventory and the latest trends) … (0 comments)
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absorption rate: City of Red Lodge Market Statistics for Vacant Land at January 2009 Month End - 01/31/09 07:41 PM
City: Red Lodge
Type: Vacant Land
Date: January 31, 2009
Total inventory: 225
For an explanation of absorption rate and how it is calculated, see last month's post:
City of Red Lodge Market Statistics for Vacant Land at Year End 2008
Please note that the absorption rate is not a guarantee of the time it would actually take to sell a property.
I also have the absorption rate statistics broken down by price range for Residential and by acreage for Vacant Land. Feel free to contact me if you are interested to get an estimate (based on the … (0 comments)
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absorption rate: City of Red Lodge Market Statistics for Vacant Land at Year End 2008 - 01/01/09 02:58 PM
City: Red Lodge
Type: Vacant Land
Date: December 31, 2008
Total inventory: 222
* Explanation:
The key statistic that I calculated is the absorption rate, the time it would take to sell the current total inventory at the present rate of sales. For my calculations, I determined the present rate of sales based on data retrieved for 4 different periods (latest 12 months, 6 months, 3 months and one month sales). Most would only look at the last month's sales to get the present rate of sales, but by looking at the 4 chosen different periods, we get a better … (8 comments)
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absorption rate: City of Red Lodge Market Statistics for Residential at Year End 2008 - 12/31/08 01:44 AM
I decided to take Mirela Monte's advice from her post entitled: How Posting Easy Market Statistics For Your Area Can Garner You Valuable Leads .
The key statistic that I calculated is the absorption rate, the time it would take to sell the current total inventory at the present rate of sales. For my calculations, I determined the present rate of sales based on data retrieved for 4 different periods (latest 12 months, 6 months, 3 months and one month sales). Most would only look at the last month's sales to get the present rate of sales, but by looking at … (0 comments)
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Gerry Khatchikian, ASA, TRC, SFR
Red Lodge,
MT
More about me…
Address: Montreal, QC
Cell Phone: (514) 717-7273
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