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A market analysis will no longer be enough to price a home!
Absorption rates tell us the supply of homes on the market.
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Example: if xyz = 33 then there is a 33 month supply of homes
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on the market for that area.
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Absorption rates can be broke down to meet any criteria, price,
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number of bedrooms and immediate nieghborhoods.
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I am listing the absorptions rates by school district,
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if you would like a rate with different criteria,
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please email me: Angie@AngieRidley.com
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12 month time peroid gives the months of market supply.
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6 months analysis shows a trend.
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3 months time period gives the latest trends
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6 month supply = balanced market, greater than 6 = buyer's market, less than 6 = seller's market
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This information is provided to help sellers
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price the real estate properly. Are you going to
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overprice your home if your odds of selling is
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less than 50%? I don't think so!!
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17-Nov-07
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School
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12 Month Reading, the most accurate
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According to a 6 Month's Trend
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According to a 3 Month's Trend
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Odds of
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District
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read
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reading
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reading
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Selling
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Months Supply
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Months Supply
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Months Supply
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Atherton
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13
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13
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15
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months of inventory
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20.00%
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Beecher
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14
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12
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14
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months of inventory
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16.67%
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Bendle
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14
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16
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21
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months of inventory
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18.33%
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Bentley
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13
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10
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10
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months of inventory
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22.70%
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Birch Run
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14
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14
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16
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months of inventory
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19.20%
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Byron
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15
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13
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15
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months of inventory
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19.44%
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Carmen/Ainsworth
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16
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16
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17
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months of inventory
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18.29%
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Clio
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16
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15
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16
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months of inventory
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19.82%
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Davison
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16
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15
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16
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months of inventory
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17.95%
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Durand
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13
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11
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13
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months of inventory
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25.64%
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Fenton
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23
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23
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24
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months of inventory
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13.14%
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Flint
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15
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15
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15
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months of inventory
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18.98%
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Flushing
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19
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18
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20
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months of inventory
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16.61%
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Genesee
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33
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45
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30
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months of inventory
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7.27%
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Goodrich
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20
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19
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117
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months of inventory
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13.26%
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Grand Blanc
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17
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17
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17
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months of inventory
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16.67%
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Holly
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18
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17
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15
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months of inventory
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15.69%
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Kearsley
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16
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15
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16
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months of inventory
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18.88%
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Lake Fenton
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20
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19
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23
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months of inventory
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14.86%
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Lakeville
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7
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12
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14
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months of inventory
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13.73%
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Lapeer
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16
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17
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38
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months of inventory
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14.74%
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Linden
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20
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18
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17
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months of inventory
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15.56%
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Millington
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22
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19
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18
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months of inventory
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16.27%
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Montrose
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16
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14
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17
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months of inventory
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20.20%
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Mt. Morris
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14
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15
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19
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months of inventory
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20.28%
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Swartz Creek
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19
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18
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22
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months of inventory
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17.08%
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Westwood Heights
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14
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11
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13
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months of inventory
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23.91%
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Source: The Flint Area Association of Realtors Multiple List Service
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Information based on real estate that is active and sold in the time period stated.
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