market statistics: South Beach Luxury Condos-Market Report-Miami Beach Real Estate in 33139 - 10/02/07 04:05 PM
 
 
With the real estate market in a state of flux, absorption rates are increasingly used as an indicator to assess how long it would take to sell ALL the existing condos in each condominium, assuming the rate of sales stays constant and no new listings are added to the inventory. Additionally, absorption rates are the best way of tracking market performance. They are usually used to indicate "overall real estate market performance," or how an entire market is doing.
To calculate monthly absorption rate, I have taken all the condos that are currently on the market in each building … (4 comments)

 
Kevin Tomlinson, Miami Beach Real Estate (One Sotheby's International Realty- Miami Beach Real Estate)

Kevin Tomlinson

Miami Beach Real Estate

Miami Beach, FL

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One Sotheby's International Realty- Miami Beach Real Estate

Address: 119 Washington Avenue #102, Miami Beach, FL , 33139

Office: (305) 982-7560

Mobile: (305) 982-7560

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