Real Estate Communities we review on a monthly basis are:
Brandon, Clarkston, Waterford, Lake Orion, Oxford, Grand Blanc, and Holly.
Absorption Rate Graphs can be viewed at "The Pearson Group Website"

 

Absorption Rate is a method we use to determine the supply and demand for housing.

We determine the number of listings on the market within particular price brackets.  We then view how many houses have sold or pended in the past three months and calculate the average per month.  The number of active listings is then divided by the average sales per month to identify how many months inventory is available.

Sellers Market - Less than 6 Months Inventory
Buyers Market - More than 6 Months Inventory
Balanced Market - 6 Months Inventory

All information included in the following graph is generated from Realcomp Inc, an area Multiple Listing Service serving Southeastern Michigan. Note that no private sales would be included in this report. All information is deemed accurate but not guaranteed.

 

   

 

 

 

0 Comments on Lake Orion Absorption Rate Graph for February 2008

Leave a response…



(optional)
What does the graphic say?
 
Cutforad Rainmaker_large

Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate

Clarkston, MI

More about me…

Max Broock Realtors

Address: 31 S. Main Street, Clarkston, MI, 48346

Cell Phone: (248) 860-0366

Email Me

Clarkston real estate and market information including all of north Oakland County located in Southeastern Michigan.


Links

Archives

RSS 2.0 Feed for this blog

Find MI real estate agents and Clarkston real estate on ActiveRain.