What is market absorption? It is a mathematical approach to determine the rate at which inventory is "absorbed"(engulfed wholly) into the market. Inventory is the number of homes for sale in the market.A division of homes sold on average over the last 12 months, 6 months and then 3 months will determine the rate at which homes are being sold. This is helpful to the seller who is thinking of selling or currently has a home to sell. If you know statistically how long to expect to market your home for sale, then you won't be as "stressed" about selling it. In the Manchester NH area for a single family home the number of months to sell a home is: 5.9849246 months.Keep in mind that:6 months supply= Balanced MarketLess than 6 months supply= Sellers MarketMore than a 6 months supply= Buyers ...
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