Absorption Rate for all condos in Destin
Active listings today = 1,134
Number of Sold last Month = 16
16 sold times 12 months = 192
192 divided by 52 weeks in the year = 3.60 units
1,134 divided by 3.60 = 315 weeks of inventory in the market place today
Absorption Rate for Waterfront Condos in Destin
Active listings today = 431
Number of Sold Last Month = 13
13 sold times 12 months = 156
156 divided by 52 weeks in the year = 3.00
431 divided by 3.00 = 143.6 weeks of inventory for Waterfront Condos in Destin
Absorption Rate for Waterfront Condos having at least 3 bedrooms
Active listings today = 210
Number of Sold Last Month = 24
24 sold times 12 months = 288
288 divided by 52 weeks in the year = 5.53
210 divided by 5.53 = 37.9 weeks of inventory
Waterview and Waterfront Specialist along the Emerald Coast in the Florida Panhandle servicing Destin, Santa Rosa Beach, and Panama City Beach, Florida.
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