Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for March 2008. The Red lines are the active homes, blue under contract, and green are sold. The absorbtion rate is determined by the number of homes on the market and the number of homes selling that month.
Absorbtion Rates:
March 2008 7.5% absorbtion rate
March 2007 17% absorbtion rate
March 2006 28% absorbtion rate
Comments (2)Subscribe to CommentsComment