adams township: Adams Township - Market Update - Homes priced under $199,999 - 07/07/10 05:30 AM
Adams Township Market Update
Homes priced under $199,999
December 2009 to May 2010
The past three months have been great when compared to the three previous months in Adams Township. 
I love facts, figures and statistics! I feel it is important to look at statistics to see where our market has been, where it is going and what price ranges and areas have changed the most and why. Maybe there is a new company moving employees into the area, possibly a company moving out of the area, etc.
One of the things that I look at is the absorption rate.
The … (0 comments)

adams township: Adams Township - Market Update - $200,000 to $399,999 price range - 07/07/10 05:12 AM
Adams Township Market Update
$200,000 to $399,999 price range
December 2009 thru May 2010
The market is great in Adams Township! If you are looking to size down or up .... it is a great time to sell a home in Adams Township.
The absorption rate in December of 2009 was 64 months of inventory. There were 64 homes on the market and only one sold. Those numbers have drastically changed. Here is the "absorption rate" - "months of inventory" for the past 6 months:
Dec 2009 - 6.4 months of inventory Jan 2010 - 64 months of inventory Feb 2010 … (0 comments)

adams township: Adams Township - Market Update - up to $199,999 - 07/06/10 09:46 AM
Absorption Rate drops to "2 months of inventory"
The absorption rate is what I like to look at to really get a feel for what is going on in the market.  What is the absorption rate? The absorption rate is the rate that the current inventory gets absorbed (or sold) in a given month. A small number tells me that more homes are being sold than going on the market. A larger number tells me that more homes are coming on the market than being sold.
What is happening in Adams Township? Well, it appears that homes under $200,000 are … (0 comments)

 
Barb Averell, I strive to be a trusted real estate adviser (ReMax Real Estate Solutions)

Barb Averell

I strive to be a trusted real estate adviser

Pittsburgh, PA

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ReMax Real Estate Solutions

Address: 125 Hillvue Ln, Suite 100, Pittsburgh, PA, 15237

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