Here is the Clarksburg Area supply and demand chart for April 2011. The Green bars respresent the percentage of available homes that sold this month. The absorption rate is determined by the number of homes on the market and the number of homes selling that month.
The absorption rate went up significantly from March 11. The available inventory may look high, but once you take out the short sales and foreclosures, the inventory is limited. If you were ever considering selling your home, now is the time.
Absorption Rates:
April 2011 13.4% absorption rate
April 2010 15.5% absorption rate
April 2009 8.7% absorption

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