How's the Market in Shepherd, Huntley, Worden, Ballantine and Pompey's Pillar this December 2010? The Shepherd area is leading the pack in sales volume.
Let's look at supply and demand:
- Supply = number of unsold homes on the market, includes active, pending and contingent listings
- Demand = number of homes that sold and closed during the period
Shepherd Montana Homes For Sale and Sold in the past 90 days
37 Unsold homes for sale
15 Sales over the last 90 days
At a rate of 5 sales per month, it would take 7.4 months to sell all of the current inventory
Huntley Montana Homes For Sale and Sold in the past 90 days
7 Unsold homes for sale
2 Sales over the last 90 days
At a rate of .66 sales per month, it would take about 10.6 months to sell all of the current inventory
Worden Montana Homes For Sale and Sold in the past 90 days
8 Unsold homes for sale
1 sale over the last 90 days
At a rate of .33 sales per month, it would take about 24 months to sell all of the current inventory
Ballantine Montana Homes For Sale and Sold in the past 90 days
8 Unsold homes for sale
2 sales over the last 90 days
At a rate of .66 sales per month, it would take about 12 months to sell all of the current inventory
If you total up the area's above and include the one listing in Pompey's Pillar, the picture of the current market and the number of homes sales in the past 30 days would look like this:
