North Caldwell - market absorption analysis 02/07/2010
ABSORPTION ANALYSIS: Market analysis in the town of: North Caldwell As of : 02/07/2010 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: 60 Absorption Rate: sales/12 months (S/12= ) = 5.00 # of Listings: 33 # Months Inventory (L/AR= ) {# Listings/Supply (Absorption rate)} = 6.6 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: $400,000.00 to $1,610,236.00 Price range of active listings: $390,000.00 to $2,999,000.00 CommentsLeave a Reply | Kevin BurkhardtNJ, NY and PA State  Kevin Burkhardt Proprietor of Appraisal Authority LLC Contact
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