market activity: 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

Office: 412-536-5258

Mobile: (412) 377-4700

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