Groton: 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: Groton, 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 8 $415,000 76 103 $499,900 112 83.0% 7.8%
December 2005 7 $425,000 106 95 $505,000 113 84.2% 7.4%
January 2006 3 $295,000 123 88 $519,500 117 56.8% 3.4%
February 2006 7 $495,000 100 93 $539,000 111 91.8% 7.5%
March 2006 4 $688,000 33 107 $529,000 100 130.1% 3.7%
April 2006 5 $296,000 106 118 $514,900 103 57.5% 4.2%
May 2006 10 $520,000 121 129 $514,900 113 101.0% 7.8%
June 2006 16 $435,000 74 140 $514,900 124 84.5% 11.4%
July 2006 9 $519,950 132 138 $548,500 131 94.8% 6.5%
August 2006 6 $579,000 138 142 $549,000 136 105.5% 4.2%
September 2006 9 $414,000 141 140 $549,000 147 75.4% 6.4%
October 2006 7 $348,000 54 142 $549,000 150 63.4% 4.9%
12-Month Average: 8   100 120   121    
12-Month Median:   $448,000     $499,999      
12-Month Total: 91     1,435     89.6% 6.3%
 
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 8 $499,000 94 136 $575,000 168 86.8% 5.9%
December 2006 13 $360,000 100 111 $579,900 195 62.1% 11.7%
January 2007 5 $503,000 103 104 $575,000 184 87.5% 4.8%
February 2007 7 $300,000 90 105 $549,900 188 54.6% 6.7%
March 2007 11 $515,000 189 122 $535,000 176 96.3% 9.0%
April 2007 8 $360,000 120 130 $524,900 186 68.6% 6.2%
May 2007 8 $525,000 102 133 $529,900 197 99.1% 6.0%
June 2007 14 $559,000 107 132 $524,900 208 106.5% 10.6%
July 2007 14 $495,000 153 135 $515,000 194 96.1% 10.4%
August 2007 10 $515,000 160 120 $519,900 193 99.1% 8.3%
September 2007 8 $490,000 108 124 $515,000 190 95.1% 6.5%
October 2007 3 $565,000 131 128 $499,995 173 113.0% 2.3%
12-Month Average: 9   121 123   188    
12-Month Median:   $499,900     $499,999      
12-Month Total: 109     1,480     100.0% 7.4%


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Christina Bennani-Persechini

Realtor - The House For You
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