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Monthly Absorption Rate Graph for Clarkston
Real Estate Communities we review on a monthly basis are:
Brandon, Clarkston, Waterford, Lake Orion, Oxford, Grand Blanc, and Holly.
Various Absorption Rate Graphs can be viewed at "The Pearson Group Website"
Absorption Rate is a method we use to determine the supply and demand for housing.
We determine the number of listings on the market within particular price brackets. We then view how many houses have sold or pended in the past three months and calculate the average per month. The number of active listings is then divided by the average sales per month to identify how many months inventory is available.
Sellers Market - Less than 6 Months Inventory
Buyers Market - More than 6 Months Inventory
Balanced Market - 6 Months Inventory
All information included in the following graph is generated from Realcomp Inc, an area Multiple Listing Service serving Southeastern Michigan. Note that no private sales would be included in this report. All information is deemed accurate but not guaranteed.
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Visit our website at www.KayPearson.com to view our monthly Absorption Rate Graphs. We provide supply and demand information for various areas surrounding North Oakland County. These graphs will be posted on our personal website every month so that you can better monitor our real estate market.
Supply and Demand is the basic principle that drives prices for any product. Because of the increased supply of houses currently on the market, we are experiencing the best buyer's market seen in the last 40 years.
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Robin Cutler and Kay Pearson ~ Clarkston, Michigan Real Estate
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Summer Day Camp Counselors Needed!
Independence Township Parks and Recreation is currently seeking highly motivated and energetic candidates for open summer day camp positions. Candidates must be at least 18 years of age, be available to work Monday through Friday, Mid-June through the end of August. Education and experience working with children a plus! Interviews being held in March. Contact Lisa Sargent at 248-625-8223 for more information
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