absorption rate for lake orion real estate: Absorption Rate Graph for Lake Orion ~ January, 2008 - 02/21/08 01:12 AM
Monthly Absorption Rate Graph for Lake Orion
Real Estate Communities we review on a monthly basis are: Brandon, Clarkston, Waterford, Lake Orion, Oxford, Grand Blanc, and Holly.
Absorption Rate is a method we use to determine the supply and demand for housing.
We determine the number of listings on the market within particular price brackets.  We then view how many houses have sold or pended in the past three months and calculate the average per month.  The number of active listings is then divided by the average sales per month to identify how many months inventory is available.
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