The Colony Senior Community Home Absorption Rates, Murrieta CA - January 31, 2012

By
Real Estate Broker/Owner with 3B Realty: 951-347-3818, CA DRE# 01864774
https://activerain.com/droplet/s9Y

The Colony Senior Community Home Absorption Rates, Murrieta CA - January 31, 2012.

The Absorption Rate Trend chart (top) shows the three month absorption rate trend over the past several months for The Colony senior community homes. When the green line is trending between 0-5 months, it’s considered a Seller’s Market. When the green line is between 5-7 months, it’s considered a Stable Market. When the green line is above 7 months, then it’s considered a Buyer’s Market.Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you may want to know whether it’s a buyer’s market, a seller’s market, or a stable market.

In a buyer’s market, home buyers have the upper hand and can drive hard bargains for their dream home.

In a seller’s market, sellers have the advantage and can demand top dollar for their home.

In a stable market, the bargaining advantage is balanced between buyers and sellers. 

The Absorption Rate Per Sold Price chart (center) compares the absorption rates for The Colony Senior Community homes priced below the average sold price versus homes priced above the average sold price. This chart is useful for determining how many months a home may take to sell based upon its asking price. As you might expect, the chart suggests that homes priced below the average will sell sooner than homes priced above the average.

The Absorption Rate Trend chart (top) shows the three month absorption rate trend over the past several months for The Colony senior community homes. When the green line is trending between 0-5 months, it’s considered a Seller’s Market. When the green line is between 5-7 months, it’s considered a Stable Market. When the green line is above 7 months, then it’s considered a Buyer’s Market.

The Absorption Rate Per Sold Price chart (center) compares the absorption rates for The Colony Senior Community homes priced below the average sold price versus homes priced above the average sold price. This chart is useful for determining how many months a home may take to sell based upon its asking price. As you might expect, the chart suggests that homes priced below the average will sell sooner than homes priced above the average.

The Absorption Rate Per Square Foot Price chart (bottom) compares the absorption rates for sold homes at The Colony senior community priced below the average square foot price versus homes priced above the average square foot price. As with the Absorption Rate Per Sold Price chart (center), this chart also suggests that homes priced below the average will sell sooner than homes priced above the average.

The Absorption Rate Per Square Foot Price chart (bottom) compares the absorption rates for sold homes at The Colony senior community priced below the average square foot price versus homes priced above the average square foot price. As with the Absorption Rate Per Sold Price chart (center), this chart also suggests that homes priced below the average will sell sooner than homes priced above the average.

Click here for info on The Colony Senior Community Home Prices.

UNDERSTANDING ABSORPTION RATES

How can you determine whether it’s a buyer’s market or a seller’s market? By looking at housing market absorption rates.

Copyright ©2012 Bill Burchard

Posted by
 

 Serving home buyers and sellers in Murrieta with homes for sale, foreclosures, REO‘s, & short sales.Content provided by Bill Burchard
3B Realty

Serving the real estate needs of Southern California home buyers and home sellers.

Willaim Burchard, Broker, REALTOR®
 DRE# 01864774
Cell: 951-347-3818
Email: 
Bill@my3BRealty.com`

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Riverside County Murrieta Colony
Groups:
Posts to Localism
Market Updates
Dedicated Bloggers
Local Expert
Market Reports
Tags:
selling a house
buying a house
buyers market
sellers market
absorption rates
senior community
the colony murrieta ca

Spam prevention
Show All Comments
Rainmaker
1,421,176
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor, Representing Buyers and Sellers

More about me: I’m Bill Burchard, a real estate broker licensed by the California Department of Real Estate (Lic: 01864774). I specialize in Murrieta homes for sale, including bank foreclosures (REO properties) and short sales. I also specialize in Greer Ranch homes for sale, the community where I live. I serve the real estate needs of both home buyers and home sellers in Greer Ranch and in Murrieta, CA.

If you want more information about buying or selling Murrieta real estate, or if you want more information about my Greer Ranch Community (including properties for sale), please contact me, Bill the Murrieta Broker, by phone or text at (951) 347-3818, or email me at Bill@my3BRealty.com.

Jan 31, 2012 03:58 AM #1
Rainmaker
1,421,176
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor, Representing Buyers and Sellers

More about Murrieta, CA: The City of Murrieta is a young vibrant community cradled in the junction of the 15 and 215 freeways in southwest Riverside County. Murrieta lies on the northern border of Temecula, CA, famous for its Temecula Wine Country.   Bill the Murrieta Broker: REALTOR®, SFR, CBRS, DRE Lic: 01864774, Cell: 951-347-3818, Email: Bill@my3BRealty.comMore about Murrieta, CA: The City of Murrieta is a young vibrant community cradled in the junction of the 15 and 215 freeways in southwest Riverside County. Murrieta lies on the northern border of Temecula, CA, famous for its Temecula Wine Country.
 
Bill the Murrieta Broker: REALTOR®, SFR, CBRS, DRE Lic: 01864774,
Cell: 951-347-3818, Email: Bill@my3BRealty.com

Jan 31, 2012 03:58 AM #2
Rainmaker
1,421,176
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor, Representing Buyers and Sellers

More about Bear Creek, Murrieta CA: The Bear Creek Community is a fully developed, meticulously well-maintained guard-gated neighborhood, featuring a wide range of homes, from condominiums and villas, to spacious single family homes and magnificent estates. Fashioned around a Jack Nicklaus Signature Golf Course, many homes have gorgeous views of pristine fairways and greens. Located in Murrieta, CA, Bear Creek is a wonderful place to live and play, and to raise a family.  Bill the Murrieta Broker: REALTOR®, SFR, CBRS, DRE Lic: 01864774, Cell: 951-347-3818, Email: Bill@my3BRealty.comMore about Bear Creek, Murrieta CA: The Bear Creek Community is a fully developed, meticulously well-maintained guard-gated neighborhood, featuring a wide range of homes, from condominiums and villas, to spacious single family homes and magnificent estates. Fashioned around a Jack Nicklaus Signature Golf Course, many homes have gorgeous views of pristine fairways and greens. Located in Murrieta, CA, Bear Creek is a wonderful place to live and play, and to raise a family.

Bill the Murrieta Broker: REALTOR®, SFR, CBRS, DRE Lic: 01864774,
Cell: 951-347-3818, Email: Bill@my3BRealty.com

Jan 31, 2012 03:58 AM #3
Rainmaker
1,421,176
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor, Representing Buyers and Sellers

More about The Colony, Murrieta CA: The Colony is a fully developed, beautifully maintained guard-gated golf course community in Murrieta, CA. Comprised of 1,500 homes, this senior community offers active adults social and fitness activities, including an exercise room, hobby and craft studios, a grand ballroom, theater, library, beauty salon and billiards. Plus, there’s an outdoor pool, and tennis, bocce ball and shuffleboard courts surrounding the clubhouse. There are also several miles of walking and biking trails that meander through the community.More about The Colony, Murrieta CA: The Colony is a fully developed, beautifully maintained guard-gated golf course community in Murrieta, CA. Comprised of 1,500 homes, this senior community offers active adults social and fitness activities, including an exercise room, hobby and craft studios, a grand ballroom, theater, library, beauty salon and billiards. Plus, there’s an outdoor pool, and tennis, bocce ball and shuffleboard courts surrounding the clubhouse. There are also several miles of walking and biking trails that meander through the community.

The Colony Country Club, also known as California Oaks Golf Course, is a challenging, yet playable, par 70 golf course designed by renowned architect, David Rainville. The course is open to the public, but residents of The Colony enjoy discounted green fees.

Bill the Murrieta Broker: REALTOR®, SFR, CBRS, DRE Lic: 01864774,
Cell: 951-347-3818, Email: Bill@my3BRealty.com

Jan 31, 2012 03:59 AM #4
Rainmaker
1,421,176
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor, Representing Buyers and Sellers

More about Greer Ranch, Murrieta, CA: The Greer Ranch Community is a fully developed, meticulously well-maintained gated neighborhood, with large homes that are just a few years old. Many homes have gorgeous views of the Temecula Valley below. Located in Murrieta, CA, Greer Ranch is a wonderful place to live and to raise a family.  Bill the Murrieta Broker: REALTOR®, SFR, CBRS, DRE Lic: 01864774, Cell: 951-347-3818, Email: Bill@my3BRealty.comMore about Greer Ranch, Murrieta, CA: The Greer Ranch Community is a fully developed, meticulously well-maintained gated neighborhood, with large homes that are just a few years old. Many homes have gorgeous views of the Temecula Valley below. Located in Murrieta, CA, Greer Ranch is a wonderful place to live and to raise a family.

Bill the Murrieta Broker: REALTOR®, SFR, CBRS, DRE Lic: 01864774,
Cell: 951-347-3818, Email: Bill@my3BRealty.com

Jan 31, 2012 03:59 AM #5
Rainmaker
1,122,144
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Bill - Another great, local real estate market report that is loaded with good information.  Nicely done!

Jan 31, 2012 11:45 AM #6
Rainmaker
1,421,176
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor, Representing Buyers and Sellers

Thanks Laura!

Feb 01, 2012 01:25 AM #7
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,421,176

Bill Burchard

Broker, Realtor, Representing Buyers and Sellers
Ask me a question
*
*
*
*
Spam prevention