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 December 1st, there are 112 Residential Homes for sale in Londonderry, NH.

For the month of November 7 Residential Homes sold in Londonderry, NH.

So, taking the 1 month sales figure of 7 homes for November, and dividing it into the total inventory of 112 we get 16.

That number 16 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.  16 means that in the month of November, it was a buyers market for sure.  Now, this is not reason to panic if you are a seller.  The holiday season is typically slow for Real Estate sales as people are more concerned with how they ae going to manage to make it through the holidays withough gaining 10 lbs or where on Earth they are going to find a Nintendo Wii console without waiting in line at Best Buy all night.

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.

Sept 2007 - 7.83

Oct 2007 - 8.13

Nov 2007 - 16

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