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absorption rates: What Are Your Chances of Selling? - 10/27/11 10:27 AM
Absorptions Rates are very important in deciding whether to list your home or how to price your home.  I did a little research yesterday on my area and this is what I found in the City of Lynchburg, Va.
 
The criteria I used is Lynchburg, Va., price range $125,000-$180,000, Lynchburg School District for 3 and 6 months.
 
In the last 6 months 73 Homes have closed in Lynchburg, Va. in this criteria.
The average homes sold per month - 12
Current Active in MLS (Active, Pending, Sold, Withdrawn, Expired) 287
Month Supply of Inventory to be Absorbed IF NO … (1 comments)

 
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Brenda D. Moore, Associate Broker Serving the Lynchburg, Va Area

Lynchburg, VA

More about me…

John Stewart Walker, Inc.

Address: 3211 Old Forest Road, Lynchburg, VA, 24501

Office Phone: (434) 385-6655

Cell Phone: (434) 258-7670

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For 10 years I have worked with buyers and sellers in the Lynchburg, Va. area and have found it to be a very rewarding career. My blog consist of stories about experiences in this career, family joys, books I have read and many more experiences in life.


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