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Murrieta CA Single Family Home Absorption Rates - Sep. 21, 2012
Murrieta CA Single Family Home Absorption Rates - Sep. 21, 2012.
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you may want to know whether it’s a buyer’s market, a seller’s market, or a stable market.
In a buyer’s market, home buyers have the upper hand and can drive hard bargains for their dream home.
In a seller’s market, sellers have the advantage and can demand top dollar for their home.
In a stable market, the bargaining advantage is balanced between buyers and sellers.

The Absorption Rate Trend chart (top) shows the twelve month absorption rate trend over the past several months for Murrieta Single Family Homes. When the green line is trending between 0-5 months, it’s considered a Seller’s Market. When the green line is between 5-7 months, it’s considered a Stable Market. When the green line is above 7 months, then it’s considered a Buyer’s Market.
The Absorption Rate Per Sold Price chart (center) compares the absorption rates for Murrieta Single Family Homes based upon four price ranges: Below $200,000; between $201,000-$300,000; between $301,000-$500,000; and above $501,000. This chart is useful for determining how many months a home may take ... more

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