selling a home in a buyers market: Absorption Rate Quincy MA February 2012
- 02/13/12 06:30 AM
The current absorption rate of the real estate market in Quincy, MA for single family homes is 31.8. This figures means that it would take approximately 32 weeks, or close to 9 months, to sell all of the inventory that is currently on the market at the rate of sale that is currently occuring. This figure means that it is currently a buyers market. Here is a breakdown of what you can expect with certain absorption rates:
1-4 months – Sellers Market. More buyers than sellers, with properties often selling quickly for more than asking price. 5-6 months – Normal Market. Similar … (0 comments)
The current absorption rate of the real estate market in Quincy, MA for single family homes is 31.8.
;)
;)
