Let’s take a quick glance of the available inventory of single-family homes in Boise Idaho.
The absorption rate is calculated by taking the averagenumber of homes sold per month, from a YTD total and dividing that number into the current number of homes available for sale now.
December 1, 2005 1.51 months of supply December 1, 2006 4.9 months of supply December 1, 2007 7.31 months of supply December 1, 2008 9.83 months of supply December 1, 2009 8.59 months of supply December 1, 2010 6.89 (4 comments)