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December Market Update - Armada Village

Real Estate Broker/Owner with CENTURY 21 Sunrise

Village of Armada Water Tower Let's look at the state of real estate in the Village of Armada.  There were 21 homes for sale as of December 31st.  Sales in the village were zero, zip, and nada.  There have been an average of 1.33 sales/month over the past 6 months.

21    Homes for sale
  0    Homes sold in December
1.33 Homes sold per month (6 month average)

= 15.8 Months of Supply, a very strong buyer's market.

 A slight drop in MOS primarily due to a couple of sellers who pulled their signs.  There are some great deals in Armada, including this one, but the buyers are still hesitant.