Absorption Rate In Real Estate | What Does Months Inventory Real Estate Mean when Buying a Home

Absorption rate is way to measure the rate at which available homes are being sold in a specific market over a specific time frame. Usually measured in months, this simple calculation measures how many homes are sold are sold in a month versus how many homes are actively for sale.

By calculating the absorption rate you can figure out how long it will take to sell all of the homes currently listed for sale if market conditions remain the same. This video is good advice for home buyers and great information for home sellers.

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LeNeal Fobbs | Realtor®
Signature Real Estate
NVRE # S.0191307.LLC
Cell: 702-771-2899
neal@lenealrealtyllc.com
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