Anyone who has been on a listing appointment with me; or has worked with me to price a property – whether to sell it or to purchase is, knows that I use the Absorption Rate to gauge the market. This number gives us an idea of how quickly the market is moving and whether it is favoring buyers or sellers. We come up with this number at several levels. Below is based on ALL sales in a given town. When we are looking at a particular property we calculate the rate based on criteria similar to that particular home. We review price range, property type, condo, single family; etc.
Looking for your next home? Click here to search for properties in any town!