absorption rate

What Exactly is the Absorption Rate? How does it Help to Sell My Home?

April 22, 2011

Denise, What exactly is the Absorption Rate and how does it impact the sale of my home? I was at a listing appointment last week and was asked this question. The term “days on market” is a term that we’re all familiar with. This is the average time it takes for a home to sell. [...]

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Weekly Real Estate Market Update North Liberty March 15, 2010

March 15, 2010

257 Active Listings 76 Under Contract 2 Homes Sold March 8 – March 13, 2010 5.6 Months Absorption Rate (Number of months it takes for the market to “absorb” homes) The absorption rate in North Liberty is 5.6 months and still trending towards a sellers market. When the 76 homes under contract start closing it [...]

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Weekly Real Estate Market Update Coralville March 15, 2010

March 15, 2010

245 Active Listings 43 Under Contract 1 Home Sold March 8 – March 13 9.6 Months Absorption Rate (Number of months it takes for the market to “absorb” homes) Right now the absorption rate in Coralville is not looking good with a high 9.6 months of inventory on the market. Hopefully that changes in the [...]

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Weekly Real Estate Market Update Iowa City March 15, 2010

March 15, 2010

606 Active Listings 117 Homes Under Contract 6 Homes Sold March 8 – March 13 8.4 Months Absorption Rate (Number of months it takes the market to “absorb” homes). The absorption rate is calculated using the number of homes sold. I think it’s safe to say that number is skewed at the moment with so [...]

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Weekly Real Estate Market Update Iowa City March 8, 2010

March 8, 2010

584 Active Listings 101 Homes Under Contract 12 Homes Sold March 1 – March 6 8.0 Months of inventory on the market An absorption rate of 8 months means Iowa City remains a buyers market for now. The absorption rate takes into account homes sold and not those under contract. And with 101 homes under [...]

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