Absorption Rates and Odds of Selling in Flint, MI and surrounding areas.

A market analysis will no longer be enough to price a home! 

Absorption rates tell us the supply of homes on the market. 

Example:  if xyz = 33 then there is a 33 month supply of homes

on the market for that area.

Absorption rates can be broke down to meet any criteria, price,

number of bedrooms and immediate nieghborhoods.

I am listing the absorptions rates by school district,

if you would like a rate with different criteria,

please email me:  Angie@AngieRidley.com

12 month time peroid gives the months of market supply.

6 months analysis shows a trend.

3 months time period gives the latest trends

6 month supply = balanced market, greater than 6 = buyer's market, less than 6 = seller's market

This information is provided to help sellers

price the real estate properly.  Are you going to

overprice your home if your odds of selling is

less than 50%?  I don't think so!!

17-Nov-07

School

12 Month Reading, the most accurate

According to a 6 Month's Trend

According to a 3 Month's Trend

Odds of

District

read

reading

reading

Selling

 Months Supply

Months Supply

Months Supply

Atherton

13

13

15

months of inventory

20.00%

Beecher

14

12

14

months of inventory

16.67%

Bendle

14

16

21

months of inventory

18.33%

Bentley

13

10

10

months of inventory

22.70%

Birch Run

14

14

16

months of inventory

19.20%

Byron

15

13

15

months of inventory

19.44%

Carmen/Ainsworth

16

16

17

months of inventory

18.29%

Clio

16

15

16

months of inventory

19.82%

Davison

16

15

16

months of inventory

17.95%

Durand

13

11

13

months of inventory

25.64%

Fenton

23

23

24

months of inventory

13.14%

Flint

15

15

15

months of inventory

18.98%

Flushing

19

18

20

months of inventory

16.61%

Genesee

33

45

30

months of inventory

7.27%

Goodrich

20

19

117

months of inventory

13.26%

Grand Blanc

17

17

17

months of inventory

16.67%

Holly

18

17

15

months of inventory

15.69%

Kearsley

16

15

16

months of inventory

18.88%

Lake Fenton

20

19

23

months of inventory

14.86%

Lakeville

7

12

14

months of inventory

13.73%

Lapeer

16

17

38

months of inventory

14.74%

Linden

20

18

17

months of inventory

15.56%

Millington

22

19

18

months of inventory

16.27%

Montrose

16

14

17

months of inventory

20.20%

Mt. Morris

14

15

19

months of inventory

20.28%

Swartz Creek

19

18

22

months of inventory

17.08%

Westwood Heights

14

11

13

months of inventory

23.91%

Source:  The Flint Area Association of Realtors Multiple List Service

Information based on real estate that is active and sold in the time period stated.