Judy Peterson, RealtorDirect 610-889-5509
Cell 484-431-7195

Quick Home Search


Recent Posts


Berkshire Hathaway HomeServices Fox & Roach RealtorsDevon Home Marketing
Center, 431 W Lancaster Avenue
Devon, PA 19333

Tredyffrin Third Quarter Real Estate Absorption

Mops, Sponges and The Months Supply of Inventory

AbsorptionRateMoplThe Third Quarter Tredyffrin Real Estate Absorption Rate is looking more like a normal real estate market instead of one drowning in inventory.

Some months I have felt like I needed a huge mop to soak up the excess inventory. And in some markets that’s still the image that resonates.

But here in Tredyffrin Township for the Third Quarter Real Estate Market, we’re showing signs of recovery. The months supply of inventory is down to 5.6 months.  Keep in mind that the MSI and the Absorption Rate is based on the assumption that no new inventory is coming on the market, which is never the case.

The Months Supply of Inventory and Absorption Rates are averages, so there are definitely properties selling within days and even some with more than one offer and others, especially in luxury home price ranges, that are languishing. Read the rest of this entry »

Subscribe now to receive future posts by email:

Spoken by Judy Peterson | Discussion: Comments Off on Tredyffrin Third Quarter Real Estate Absorption

Back To Top

Copyright © 2008 Main Line PA Today     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs