Tippecanoe Co, IN - Absorption Rates for 1/31/10

By
Real Estate Agent with Coldwell Banker - Shook

Absorption rates are one way to measure the current real estate climate in a specific market and price range.  Experts use an absorption rate of 6 months as a balance in the market.  Greater than a 6 months supply of homes is a buyer's market where less than a 6 months supply is more of a seller's market.  The current absorption rates (the 12 month period ending 1/31/10) for Tippecanoe Co, Indiana can be found at www.tinurl.com/ycerla4 .

Comments (1)

Bob Harris
BHG Real Estate III - Charlottesville, VA
Charlottesville VA Real Estate

Providing the absorption rate to a potential seller can be an eye opening event.

Feb 12, 2010 02:18 AM