Livingston - market absorption analysis 02/08/2010
ABSORPTION ANALYSIS: Market analysis in the town of: Livingston As of : 02/08/2010 Data includes only 3+ bedroom single family homes in the subjects same town/zip code. Condominium and multi family homes not included. Time Period: 12 Months. # of Closed Sales: 249 Absorption Rate: sales/12 months (S/12= ) = 20.75 # of Listings: 88 # Months Inventory (L/AR= ) {# Listings/Supply (Absorption rate)} = 4.240964 Months Based on the 12 month market analysis, supply and demand are considered to be: In balance Data obtained from the Garden State MLS. Price range of closed sales: $245,000.00 to $2,150,000.00 Price range of active listings: $250,000.00 to $2,888,000.00 CommentsLeave a Reply |

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