Real estate blog entries tagged with sold by Gerry Khatchikian, ASA, TRC, SFR

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Home : Blogs : Gerry Khatchikian, ASA, TRC, SFR : Gerry's Blog (now from Montreal) : Tag "sold"

sold: 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

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