Perry Township Absorption Report-April 2008

By
Real Estate Agent with Hackenberg Realty Group 2003021250

The Absorption Rate is the theoretical time it takes to clear existing inventory. The Active Listings are the number of current active listings. Listing sold per Month is the average number of unit sales per month over the last 3 months.  Months of Supply is the absorption rate inventory derived by Supply/Demand.  And last is the Odds of Selling within 90 days.  A 5-6 month supply is considered balanced with roughly the same number of sellers as buyers.  Higher numbers mean it is a buyers market, while less is a sellers market. The Perry market has an overall 69% selling rate within 90 days.   Currently there is a 3 months supply of inventory.  Interestingly houses in the $200,000-299,999 sold out 100%.

 

   

Prices From Prices To   Active   Listings Sold Listings   # of   Odds of    
        Listings   Prior 90   Sold per   Month   Selling in    
            Days   Month   Supply   90 Days    
                             
$20,000   $29,999   0   1   0.3   0   0    
$30,000   $39,999   0   2   0.7   0   0    
$40,000   $49,999   0   2   0.7   0   20.00%    
$50,000   $59,000   1   1   0.3   3.3   20%    
$60,000   $69,999   0   5   1.7   0   50%    
$70,000   $79,999   1   5   1.7   0.6   50%    
$80,000   $89,999   4   3   1   4   75%    
$90,000   $99,999   3   2   0.7   4   33%    
$100,000   $119,999   7   8   2.7   2.6   66%    
$120,000   $139,999   12   5   1.7   7   42%    
$140,000   $159,999   2   8   2.7   7   73%    
$160,000   $179,999   0   1   0.3   0   33%    
$180,000   $199,999   0   0   0   0   0%    
$200,000   $249,999   1   3   1   1   100%    
$250,000   $299,999   0   1   0.3   0   25%    
$300,000   $349,999   0   1   0.3   0   100%    
$350,000   $399,999   0   0   0   0   0%    
$400,000   $449,999   0   0   0   0   0%    
$450,000   $499,999   0   0   0   0        
$500,000   $549,999   0   0   0            
                             
      Totals 31   48   16   2   69%    
                             
                             

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Deborah Wilson

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