Greenwood Lake Topics: absorption

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	Name:	John C -
	Subject:	absorption
	Date:	8/1/2012 1:29:03 PM

Absorption can be a wacky stat in our area since our sales are seasonal. But in June we had 420 on the market with sales of 23, and in May 409 with sales of 32, so call it between 12 and 18 months of inventory, depending when you run it. Usually I look at the running 12 month total, which is 220, then compare that to the current month's inventory of 420. so that is about 23 months of inventory averaged over the last 12 months.

Other messages in this thread:

View Entire Thread

June Home Sales - John C - 7/31/2012 8:01:04 PM

June Home Sales - roswellric - 7/31/2012 9:52:04 PM

absorption - John C - 8/1/2012 1:29:03 PM

absorption - roswellric - 8/1/2012 3:12:23 PM

absorption - lakngulf - 8/1/2012 4:06:17 PM

Only - Summer Lover - 8/1/2012 4:14:14 PM

WITHOUT... - BigFoot - 8/2/2012 10:03:32 AM

You guys... - roswellric - 8/2/2012 10:20:05 PM

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