Real estate blog entries tagged with absorption rate by Margaret Woda, Maryland Real Estate & Military Relocation Services (Long & Foster Real Estate, Inc., Crofton, MD)

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Home : Blogs : Margaret Woda, Maryland Real Estate & Military Relocation Services : Maryland Real Estate : Tag "absorption rate"

absorption rate: Crofton Market Study - August 2007 - 09/10/07 09:51 PM

The Crofton real estate market has remained more stable over the last month than I anticipated, In fact, the Average Sold Price dropped only 5.43% from last year, while the Median Sold Price went up 3.04%
Total units sold were in line with last year's - 45 in 2007 and 41 in 2006. Days on Market were about the same as last year, too - 66 in 2007, only two more than the same month in 2006.
I was so impressed with these numbers that I decided to do an Absorption Rate comparison with Anne Arundel County, which had a less favorable month overall.
ABSORPTION … (4 comments)

absorption rate: Anne Arundel County MD Real Estate Trends - ABSORPTION RATE - 09/10/07 01:10 PM

(January - August 2007)
ABSORPTION RATE is simply the pace at which homes are absorbed by the market. By measuring the number of homes in inventory and the number of homes sold, we can estimate how long it will take to sell the homes currently available.
The first chart shows the number of properties for sale in Anne Arundel County and how many properties sold and settled. The absorption rate, on the second chart, is calculated by dividing the number of sold properties by the number of homes in inventory. Any percentage above 50% means that more homes sold than didn't; if the percentage is less than 50%, fewer than half … (8 comments)

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Margaret Woda, Maryland Real Estate & Military Relocation Services

Crofton, MD

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Long & Foster Real Estate, Inc., Crofton, MD

Address: 2191 Defense Hwy., #120, Crofton, Bowie, and Davidsonville, MD, 21114

Office Phone: (410) 721-1500

Cell Phone: (301) 346-2923

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Real Estate and community information for homebuyers, sellers, and rookie agents in Bowie, Crofton, Crownsville, Davidsonville, Fort Meade, Gambrills, Odenton, Millersville, and the U.S. Naval Academy in Annapolis. Proven systems - combining local expertise, professional experience, and technology - to give you a competitive edge when you buy or sell a home.

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Margaret Woda

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