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Osprey FLorida's absorption rate

Osprey
# of listings in Osprey= 304 active listings
# of listings sold from Mar 22-Apr 22: 11
# of listings sold from Feb 22-Mar 22: 15
# of listings sold from Jan 22-Feb 22: 14
# of listings sold from Dec 22-Jan 22: 7
# of listings sold from Nov 22-Dec 22: 17
# of listings sold from Oct 22-Nov 22: 9
73 homes sold in the last six months in Osprey. Average number of homes sold per month over the last 6 months in Osprey: 12 homes
#sold (12 homes) X 12 (months) = 144
divide 144 by 52 weeks= 3 units per week
If 3 units sell each week divide that number into the number of active listings 3 divided by 304 = 101 weeks of inventory or about two years worth of inventory in Osprey.

Posted Friday Apr 24