What’s an absorption rate in real estate anyway and why does it matter to YOU?

An absorption rate is a statistic used to gauge whether a housing market favors the buyer or the seller. 

In general, an absorption rate of 15% or below is favorable for homebuyers, and absorption rates of 20% or more tend to indicate a market that favors a seller.

How is absorption rate in real estate calculated?

The total number of Homes Sold in a Set Month divided by the Total number of Homes on the Marke

If you have any questions about the absorption rates in your neighborhood, let me know! 😀