Let's look at the state of real estate in the Village of Armada. There were 24 homes for sale as of November 30th. Two sellers were pleased to have their homes sold during the month. There have been an average of 1.5 sales/month over the past 6 months.
24 Homes for sale
2 Homes sold in November
1.5 Homes sold per month (6 month average)
= 16 Months of Supply, a very strong buyer's market.