Real estate prices are occasionally measured by the price per square foot. This allows for a better comparison between differently priced homes as well as homes of different sizes. In this pricing measurement method, the sale price of a home is divided by its area. For example, a home that sold for $300,000 and has [...]

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The absorption rate is a calculation of how long it will take for all homes currently on the market to be sold (absorbed). Here are the numbers for Stillwater, sorted by property type:
Single Family - 11.3 months
Townhome - 11.6 months
Condominium - 33.2 months
A six month supply is considered balanced, when the number of listings is [...]

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