What's the absorption rate?
1.2
Absorption represents supply and demand. The number of homes sold in a month divided by the number on the market represents how quickly homes are selling. Expressed in months, this illustrates how long it would take for all property to be sold., or "months of inventory".
How quickly are homes selling?
32 days
Average number of days between when a property is listed and when an offer is accepted in a given month. Calculations are based on sold data.
