cherry hills: Absorption Rate Example for Cherry Hills, Champaign, IL
- 12/07/09 03:50 AM
In a recent listing appointment in Cherry Hills I discussed the local absorption rate with the home owners as a component of their overall pricing strategy. More details on that example and how the it is calculated can be found here: Home Update for Cherry Hills - Champaign, IL
In establishing the market value and recommended list price for a home I incorporate the following 3 components (at a miminum). The Absorption Rate - What is the overall supply and demand of homes for this segment of the market? What is the general range of $/sqft for sold homes? … (1 comments)
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In a recent listing appointment in Cherry Hills I discussed the local absorption rate with the home owners as a component of their overall pricing strategy. More details on that example and how the it is calculated can be found here: Home Update for Cherry Hills - Champaign, IL
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