The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?
As of today January 6th, there are 120 Residential Homes for sale in Windham, NH.
For the month of November 11 Residential Homes sold.
So, taking the 1 month sales of 11 units for December, and dividing it into the total inventory of 120 we get 10.91.
That number 10.91 represents the theoretical number of months of inventory that is currently on the market in Windham. A true Sellers Market would be indicated by less than 6 months of inventory. 10.91 indicates that a buyers market exists in Windham. It is an improvement over last month at 15.66 but it still a very strong buyers market nonetheless.
Different conditions may exist at different price points. Stay tuned for more analysis as we dig deeper into the mysteries of the Real Estate Market and how to make well informed decisions when you think about buying or selling.
Nov 2007 - 15.66
The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?
As of today January 6th, there are 176 Residential Homes for sale in Derry, NH.
For the month of November 13 Residential Homes sold.
So, taking the 1 month sales of 13 units for November, and dividing it into the total inventory of 176 we get 13.54.
That number of 13.54 represents the theoretical number of months of inventory that is currently on the market in Derry. A true Sellers Market would be indicated by less than 6 months of inventory. 13.54 indicates that a buyers market exists in Derry. Compared to the 10.53 measure in November the market is not improving in Derry even though inventory is down.
Different conditions may exist at different price points.
The Market Absorption Rate is a theoretical means of measuring where the market is - are we in a buyers, or sellers market?
As of today January 6th, there are 94 Residential Homes for sale in Londonderry, NH.
For the month of December 8 Residential Homes sold in Londonderry, NH.
So, taking the 1 month sales figure of 8 homes for Deceember, and dividing it into the total inventory of 94 we get 11.75.
That number 11.75 represents the theoretical number of months of inventory that is currently on the market in Londonderry. A true Sellers Market would be indicated by less than 6 months of inventory. 11.75 means that in the month of December, it was a buyers market but not as much as in November.
Different conditions may exist at different price points.
Sept 2007 - 7.83
Oct 2007 - 8.13
Nov 2007 - 16
Dec 2007 - 11.75
The Market Absorption Rate is a thetical measure used to illustrate where the market is - are we in a buyers, or sellers market?
As of today January 6, there are 44 Residential Homes for sale in Litchfield, NH.
For the month of December 8 Residential Homes sold in Litchfield, NH.
So, taking the 1 month sales of 8 units for November, and dividing it into the total inventory of 44 we get 5.5.
That number 5.5 represents the theoretical number of months of inventory that is currently on the market in Litchfield. A true Sellers Market would be indicated by less than 6 months of inventory. 5.5 indicates that a sellers market exists in Litchfield. This is a dramatic improvement from the numbers in October and November when there was 17 and 12.75 months of inventory.
Different conditions may exist at different price points. Stay tuned for more analysis as we dig deeper into the mysteries of the Real Estate Market and how to make well informed decisions when you think about buying or selling.
Month to Month Absorption Rate comparison
Sept 2007 - 12.2
Oct 2007 - 17
Nov 2007 - 12.75
Dec 2007 - 5.5
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