Absorption Rate for Watercolor Single Family Homes
In Watercolor here are the latest stats:
Number of active home listings in Watercolor today are: 88
Number of listings that sold in the last 30 days are: 5
Number that sold (5) x 12 months = 60
60 divided by 52 weeks a year = 1.15 units per week
Watercolor still has a 76 week supply of inventory. Still a very strong buyer's market.
Kelly Klein, Lifeguard Real Estate, Inc. Broker/Owner