July 26, 2010
256 Active Listings 26 Homes Under Contract 6 Homes Sold July 19 – July 24, 2010 I use a simple method to calculate the absorption rate/days on market that doesn’t manipulate the data. According to that calculation we have 9.4 months of inventory on the market, that’s 285 days on market. It’s going to take [...]
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July 5, 2010
265 Active Listings 29 Homes Under Contract 16 Homes Sold June 28 – July 3, 2010 An average of 289 days on market = 9.5 Months Absorption Rate (Number of months it takes for the market to “absorb” homes). The number of days on market is edging it’s way downwards again this week. Slow and [...]
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