How to Calculate Absorption Rate
Calculating Absorption Rate is part of the market analysis that many appraisers will research. Absorption Rate is a crucial concept that is used in attempts to forecast home prices and sales activity. How to calculate absorption rate: Gather sales (sold homes) over a period of time. Lets use 12 months (1 year). Divide the number of homes by the number of months in the interval.  This calculation will yield a per-month absorption rate. Finally, divide the rate into the number of current listings. This yields the months’ supply of homes in that given market. Its widely used that six months is considered to be balanced. when the number of listings is approximately equal to the number of buyers. Anything over would go further into a buyers market and visa versa for below 6 months.
Wilbraham, MA Real Estate Statistics 2016
Coordinates: 42°07′25″N 72°25′55″W State Massachusetts County Hampden Area  • Total 22.4 sq miles  • Land 22.2 sq miles  • Water 0.2 sq miles Elevation 290 ft (88 m) Population (2010)  • Total 14,868  • Density 640.5/sq mi (247.3/km2) ZIP code 01095 FIPS code 25-79740 GNIS feature ID 0619390 Website http://www.wilbraham-ma.gov/ Data Reflecting 11/16/2014 - 11/15/2015  (PREV YR) Sold Listings Price Range # of Listings Avg. Days on Market Avg. Days to Offer Average Sale Price Average List Price SP:LP Ratio Average Orig Price SP:OP Ratio $0 - $49,999 1 268 268 $48,000 $64,900 74 $69,900 69 $50,000 - $99,999 5 91 91 $88,823 $108,920 82 $119,560 75 $100,000 - $149,999 8 248 142 $120,875 $138,600 89 $152,400 82 $150,000 - $199,999 24 174 108 $178,085 $186,083 96 $197,395 92 $200,000 - $249,999 38 110 88 $227,738 $234,482 97 $243,742 94 $250,000 - $299,999 39 102 74 $270,944 $277,879 98 $285,808 95 $300,000 - $349,999 12 83 52 $327,938 $338,792 97 $343,458 96 $350,000 - $399,999 14 85 71 $373,696 $381,357 98 $392,650 95 $400,000 - $449,999 7 72 64 $415,429 $432,771 96 $435,914 95 $450,000 - $499,999 3 172 66 $463,000 $474,633 98 $500,500 93 $500,000 - $599,999 5 220 165 $547,980 $577,740 95 $622,560 88 $600,000 - $699,999 3 203 158 $630,000 $650,000 97 $658,300 96 $700,000 - $799,999 0 0 0 $0 $0 0 $0 0 $800,000 - $899,999 0 0 0 $0 $0 0 $0 0 $900,000 - $999,999 0 0 0 $0 $0 0 $0 0 $1,000,000 - $1,499,999 0 0 0 $0 $0 0 $0 0 $1,500,000 - $1,999,999 0 0 0 $0 $0 0 $0 0 $2,000,000 - $2,499,999 0 0 0 $0 $0 0 $0 0 $2,500,000 - $2,999,999 0 0 0 $0 $0 0 $0 0 $3,000,000 - $3,999,999 0 0 0 $0 $0 0 $0 0 $4,000,000 - $4,999,999 0 0 0 $0 $0 0 $0 0 $5,000,000 -… Continue Reading
East Longmeadow, MA Real Estate Statistics 2016
Data Reflecting 11/16/2014 - 11/15/2015 Prev Yr) Sold Listings Price Range # of Listings Avg. Days on Market Avg. Days to Offer Average Sale Price Average List Price SP:LP Ratio Average Orig Price SP:OP Ratio $0 - $49,999 0 0 0 $0 $0 0 $0 0 $50,000 - $99,999 4 388 212 $88,063 $98,475 90 $112,875 79 $100,000 - $149,999 15 65 43 $133,707 $143,967 93 $151,900 89 $150,000 - $199,999 45 153 95 $173,396 $194,372 95 $204,381 91 $200,000 - $249,999 34 100 69 $223,662 $230,007 97 $236,615 95 $250,000 - $299,999 29 83 59 $274,495 $280,242 98 $286,165 96 $300,000 - $349,999 20 109 101 $328,315 $337,425 97 $349,250 94 $350,000 - $399,999 20 164 105 $375,960 $386,260 97 $393,535 96 $400,000 - $449,999 15 114 77 $413,947 $425,400 97 $434,294 95 $450,000 - $499,999 5 209 126 $477,232 $496,920 96 $513,740 93 $500,000 - $599,999 8 80 75 $556,584 $560,313 99 $565,938 98 $600,000 - $699,999 1 328 328 $675,000 $699,900 96 $799,900 84 $700,000 - $799,999 0 0 0 $0 $0 0 $0 0 $800,000 - $899,999 0 0 0 $0 $0 0 $0 0 $900,000 - $999,999 0 0 0 $0 $0 0 $0 0 $1,000,000 - $1,499,999 0 0 0 $0 $0 0 $0 0 $1,500,000 - $1,999,999 0 0 0 $0 $0 0 $0 0 $2,000,000 - $2,499,999 0 0 0 $0 $0 0 $0 0 $2,500,000 - $2,999,999 0 0 0 $0 $0 0 $0 0 $3,000,000 - $3,999,999 0 0 0 $0 $0 0 $0 0 $4,000,000 - $4,999,999 0 0 0 $0 $0 0 $0 0 $5,000,000 - $9,999,999 0 0 0 $0 $0 0 $0 0 $10,000,000 - $99,999,999 0 0 0 $0 $0 0 $0 0 Total Properties 196 Avg. 124 Avg. 85 $273,133 $284,536 97 $293,556 93…
