What is Absorption Rate Real Estate

What is Absorption Rate Real Esta

So what is absorption rate in real estate? I'm glad you stopped by the channel to check out what it means. By definition, absorption rate is the amount of homes available in a set time frame usually over a span of a month. Think about it as a snapshot in time to evaluate the current real estate market in a specific city. Absorption rate is a calculation based on
dividing the numbers of homes sold in a specific time frame by the total number of homes available. If you were to work this equation backwards, you'd figure out how long it would take to sell all the inventory within the specified time.

Source:
https://www.investopedia.com/terms/a/...

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