Murrieta CA Single Family Home Absorption Rates - Nov. 2, 2012

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Real Estate Broker/Owner with 3B Realty: 951-347-3818, CA DRE# 01864774
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Murrieta CA Single Family Home Absorption Rates - Nov. 2, 2012.

The Absorption Rate Trend chart (top) shows the twelve month absorption rate trend over the past several months for Murrieta Single Family 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 Murrieta Condos and Townhomes 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 twelve month absorption rate trend over the past several months for Murrieta Single Family 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 Murrieta Single Family Homes based upon four price ranges: Below $200,000; between $201,000-$300,000; between $301,000-$500,000; and above $501,000. 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 lower priced homes will sell sooner than higher priced homes.

The Absorption Rate Per Square Foot Price chart (bottom) compares the absorption rates for sold Murrieta Condos and Townhomes 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 Murrieta Single Family Homes based upon four square foot price ranges: Below $90/sq.ft.; between $91-$120/sq.ft.; between $121-$150/sq.ft.; and above $151/sq.ft. As with the Absorption Rate Per Sold Price chart (center), this chart also suggests that lower priced homes will sell sooner than higher priced homes.

Follow the link for info on Murrieta Home Price Trends.

Follow the link to view my list of Murrieta Single Family Homes for Sale.

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.

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 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`

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Rainmaker
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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.

Follow the link to view my list of Murrieta Single Family Homes for Sale.
Follow the link to view my list of Murrieta Condos and Townhomes for Sale.

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

Nov 02, 2012 10:33 AM #2
Rainmaker
1,420,796
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.

Nov 02, 2012 10:33 AM #3
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Rainmaker
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Bill Burchard

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