See below to find the absorption rate chart for this month’s Wasilla and Palmer markets. I havecompiled this data using the local multiple listing service and documented the data in this easy to read chart.
The definition of absorption rate is the number of weeks it takes to sell the current inventory at the present rate of sales. Absorption rates tell us how many months of supply is on the market based on historical data. For our purposes, we are tracking data over the last 12 months.
Residential Market
|
|
Active |
Sold |
DOM of Solds |
Months |
|
150-175 |
16 |
113 |
|
1.7 |
|
175-185 |
12 |
55 |
|
2.6 |
|
185-195 |
19 |
61 |
|
3.7 |
|
195-205 |
11 |
74 |
|
1.8 |
|
205-215 |
23 |
64 |
|
4.3 |
|
215-225 |
30 |
55 |
|
6.5 |
|
225-235 |
16 |
43 |
|
4.4 |
|
235-245 |
24 |
32 |
|
8.9 |
|
245-255 |
15 |
47 |
|
3.8 |
|
255-265 |
11 |
27 |
|
4.9 |
|
265-275 |
26 |
30 |
|
10.4 |
|
275-285 |
14 |
33 |
|
5.1 |
|
285-295 |
12 |
26 |
|
5.5 |
|
295-305 |
11 |
21 |
|
6.3 |
|
305-315 |
6 |
12 |
|
6 |
|
315-325 |
13 |
17 |
|
9.3 |
|
325-335 |
5 |
11 |
|
5.4 |
|
335-345 |
10 |
10 |
|
12 |
|
345-355 |
4 |
10 |
|
4.8 |
|
355-365 |
4 |
7 |
|
6.7 |
|
365-375 |
4 |
6 |
|
8 |
|
375-385 |
6 |
4 |
|
18 |
|
385-395 |
4 |
4 |
|
12 |
|
395-405 |
10 |
7 |
|
17 |
|
405-415 |
1 |
1 |
|
12.5 |
|
415-425 |
4 |
6 |
|
8 |
|
425-435 |
1 |
2 |
|
5.9 |
|
435-445 |
1 |
3 |
|
4 |
|
445-475 |
6 |
6 |
|
12 |
|
475-500 |
6 |
6 |
|
12 |
|
500-550 |
5 |
5 |
|
11.9 |
|
550-600 |
4 |
9 |
|
5.3 |
|
600-700 |
8 |
5 |
|
19 |
|
700-800 |
8 |
2 |
|
47 |
|
800-900 |
6 |
0 |
|
- |
|
900- up |
6 |
2 |
|
35 |
* Pendings – no sold.
