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 Oct 1, there are 141 Residential Homes for sale in Londonderry, NH.

For the month of September 18 Residential Homes sold.

So, taking the 1 month of sales for September, and dividing it into the total inventory of 141 we get 7.83.

That number 7.83 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.  7.83 is not wildly out of line, but remember this is a measurement of the market as a whole. 

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.

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