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The Value Of An Absorption Rate Analysis Of Your Charlotte, NC Home
The Value Of An Absorption Rate Analysis Of Your Charlotte, NC Home
 
 

 
 
FACT: There are only a certain number of houses that will sell in any market; be it a seller or buyer’s market, in any given period of time.
 
Absorption Rate pricing provides the answer to the question. How long will it take my Charlotte, NC home to sell in my neighborhood?
 
The question that comes to mind is: What is Absorption Rate Pricing?
Answer: The ability to determine through a comprehensive analysis how many homes are absorbed on a monthly average. In other words, it’s a very simple formula that will provide a prospective seller with a clear picture based on market dynamics the probability of a Charlotte, NC property selling in the next 30 to 45 days.
 
The calculations are based on supply and demand.
A normal market:
6 months of inventory; supply and demand are balanced.
 
More than a 6 months supply of inventory:
indicates that it is a buyers market. Too many sellers, too few buyers.
 
Less than a 6 months supply of inventory:
Seller’s market, too few sellers, too many buyers.
 
The ... more

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