PROPERTY VALUES IN YOUR NEIGHBORHOOD
This newsletter is a snapshot of the real estate market in Hill Crest, Fox Run and Valley View, specifically for the 4th quarter of 2010.
*- Absorption rate is used to determine trends in a market by using the number of current listings and the number of sold properties in a given time frame to measure how long it is taking to sell market inventory. An absorption rate greater than six is considered to signify a buyer’s market, and below six is a seller’s market.
This data was compiled using the MLS database (NTREIS).
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