Dyersburg Real Estate Market Absorption Rate High

Real Estate Broker/Owner with Carousel Realty of Dyer County Tn 248435000

The Dyersburg real estate market absorption rate is high these first 5 months of 2015.Dyersburg May Absorption Rate

In this picture the May absorption rate is 75%. That means for every 4 new listings there are 3 new sales.

The February number was 60% and the March number jumped to 1.03%. That was when it starting getting hard to find our clients a house to purchase.

The month of April the number was 73%. Any thing above 70% is the sign of a good real estate market. The Dyersburg real estate is "red hot" right now but new inventory continues to come online and the sales keep happening.

If you are moving to the Dyersburg Tennessee area and need a "red hot" Realtor give me a call at 731-589-7841.



Comments (3)

William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

That is good...we are a bit hotter with about a 90%.  Some homes are gone in a couple of days.

Jun 05, 2015 08:40 AM
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Hi Mike - that's an interesting way to measure absorption rate, but it gets the point across. I think most homes are selling fast right now because we know higher rates are coming.

Jun 05, 2015 09:01 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Mike - This is good news for Dyersburg and many other areas.

Jun 05, 2015 01:56 PM