hamilton: Hamilton MA - Months of Inventory Single Family March 2008
- 03/18/08 10:36 AM
The amount of competing inventory affects a property's price.If there is a lot of competing inventory, then pricing will be lower than if there is little competing inventory.The report shows the number of months it will take to sell off the current inventory of active listings if the rate of sale remains constant. … (0 comments)
hamilton: Hamilton, MA Absorption Rate - Feb 2008
- 02/26/08 05:53 AM
The absorption rate is the rate of sale per month stated as a percentage. For Example, if the absorption rate is 8%, then 8 out of 100 properties for sale sold that month.This report shows the underlying strength of the market by comparing the percentage of "For Sale Properties" that sold in the prior period to the current period. This report detects imbalances between the supply and demand for real estate. The absorption rate is affected by the: number of units that sold and the number of units for sale. If the absorption rate is rising, the market demand for real … (0 comments)
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