About 14% of the homes for sale in the Lockwood, Emerald Hills area of Billings Montana have an accepted contract at this time. This amount of inventory seems a bit high right now, and most of the unsold inventory is much higher than what's under contract:
The average listed sales price for this area right now is $271,000
The average listed sales price for the 1 pending sale is $37,000
The average listed sales price for the 5 homes under contract with contingencies to meet is $159,000
If we look at the rate of sales for the last 90 days, which is 5 homes closed each month, there is about 7.2 months of inventory on the market in Lockwood and Emerald Hills Billings Montana right now.
The Quilting Realtor
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Many Dream Of Living In Montana I'm One of the Lucky One's That Already Do! Wanda Thomas Call or Text 406-698-8640 for help with all things Montana. |
Wanda, great info and like your Activity pies in your market reports.
Gloria
Thanks for stopping by Doug and Gloria, I'm always looking for ways to spice things up in market reports, and the pie in the sky kinda worked for me!!!