Chelmsford: Absorbtion Rates

By
Real Estate Agent with Keller Williams Realty Boston North West

Absorption Rates By Month

The rate at which properties sell per month
Property Type: Single Family
Towns: Chelmsford, MA
November 2005 through October 2006
Date Sold For Sale Absorption Rate
Month Year Units Median
Price
DOM Units Median
Price
DOM Sale $ to List $ Units Sold / Units For Sale
November 2005 19 $365,500 101 168 $399,000 94 91.6% 11.3%
December 2005 22 $369,900 63 136 $399,900 113 92.5% 16.2%
January 2006 10 $390,000 90 139 $412,900 123 94.5% 7.2%
February 2006 14 $369,000 109 136 $419,900 121 87.9% 10.3%
March 2006 21 $375,000 91 150 $410,000 111 91.5% 14.0%
April 2006 12 $367,813 103 175 $422,000 94 87.2% 6.9%
May 2006 22 $410,000 77 206 $399,900 94 102.5% 10.7%
June 2006 30 $415,000 94 203 $399,900 98 103.8% 14.8%
July 2006 19 $420,000 50 207 $397,500 104 105.7% 9.2%
August 2006 20 $374,700 52 229 $389,900 108 96.1% 8.7%
September 2006 18 $369,000 80 228 $379,900 117 97.1% 7.9%
October 2006 21 $392,000 77 229 $389,900 123 100.5% 9.2%
12-Month Average: 19   82 184   108    
12-Month Median:   $375,000     $398,900      
12-Month Total: 228     2,206     94.0% 10.3%
 
November 2006 through October 2007
Date Sold For Sale Absorption Rate
Month Year Units Median
Price
DOM Units Median
Price
DOM Sale $ to List $ Units Sold / Units For Sale
November 2006 20 $377,500 97 196 $389,000 131 97.0% 10.2%
December 2006 18 $365,000 100 162 $379,900 147 96.1% 11.1%
January 2007 9 $360,000 99 161 $379,000 147 95.0% 5.6%
February 2007 14 $337,000 109 153 $374,900 143 89.9% 9.2%
March 2007 24 $345,700 132 177 $389,900 128 88.7% 13.6%
April 2007 17 $345,000 97 195 $390,000 124 88.5% 8.7%
May 2007 30 $358,500 80 201 $390,000 122 91.9% 14.9%
June 2007 29 $359,900 72 205 $397,500 129 90.5% 14.1%
July 2007 35 $370,000 91 199 $399,000 131 92.7% 17.6%
August 2007 34 $365,000 84 193 $384,900 137 94.8% 17.6%
September 2007 18 $360,000 75 185 $384,900 136 93.5% 9.7%
October 2007 12 $366,798 89 175 $389,900 134 94.1% 6.9%
12-Month Average: 22   94 184   134    
12-Month Median:   $358,500     $379,900      
12-Month Total: 260     2,202     94.4% 11.8%


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Christina Bennani-Persechini

Realtor - The House For You
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