Absorption Rate (Current Active Listings divided by the Last Month’s Sales)
|
Single Family Homes |
Current Active Listings |
Properties Sold in June ‘09 |
Absorption Rate |
|
up to $499,999 |
35 |
56 |
Less than 1 Month |
|
$500,000 – 999,999 |
356 |
103 |
3 1/2 Months |
|
$1,000,000 – 1,499,999 |
189 |
33 |
5.7 Months |
|
$1,500,000 – 1,999,999 |
113 |
11 |
10.3 Months |
|
$2,000,000 – 2,999,999 |
108 |
12 |
9 Months |
|
$3,000,000 and up |
100 |
5 |
20 Months |
|
|
|
|
|
|
|
|
|
|
|
Condos/Townhomes |
Current Active Listings |
Properties Sold in June ’09 |
Absorption Rate |
|
up to $499,999 |
96 |
35 |
2.75 Months |
|
$500,000 – 999,999 |
94 |
9 |
10.4 Months |
|
$1,000,000 – 1,499,999 |
8 |
1 |
8 Months |
|
$1,500,000 – 1,999,999 |
4 |
0 |
~ |
|
$2,000,000 – 2,999,999 |
1 |
0 |
~ |
|
$3,000,000 and up |
0 |
0 |
|