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Absorption Rate a measurement of time that it will take to sell the current inventory on the market. In this instance, it will take 6.6 months to sell all properties currently listed for sale without any new listings added to the inventory. Currently there are 6+ new listings entered per day in the Seacoast Region of New Hampshire. There are 1 to 3 pending listings per day which shows an increase in the absorption rate. If you are contemplating selling or on the market currently, be sure to have your property the best one available in your price range. Proper Pricing when hitting the market has not been as important for the past 3 to 4 years. Now it makes the difference between a sale and being on the market. When listing your property be sure to have a market analysis from at least 3 different agents. Have your property in great condition, good paint, clutter removed, curb appeal super and ready to go. |