May Absorption Rates for Oshawa, Whitby, Bowmanville and Courtice Real Estate Sales
Absorption charts are one of the most effective ways of determining how the real estate market is doing. The chart shows how many current homes are for sale, sales for the month of May 2009 and how many months it would take to sell off all of the current listings. More information on market activity can be found at www.soldbylindsay.com
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Absorption Rates for Oshawa
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(Absorption rate is the time it would take to sell the current supply of homes for sale – in months)
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Price Range
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May Sales
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Active Listings
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Months of Supply
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150,000 – 175,000
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35
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60
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1.71 months
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175,000 – 200,000
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40
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80
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2 months
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200,000 – 225,000
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40
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80
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2 months
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225,000 – 250,000
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28
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68
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2.5 months
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250,000 – 275,000
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15
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59
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4 months
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275,000 – 300,000
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25
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57
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2.3 months
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300,000 – 325,000
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13
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29
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2.25 months
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325,000 – 350,000
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18
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34
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2 months
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350,000 – 375,000
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8
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21
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2.6 months
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375,000 – 400,000
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3
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27
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9 months
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400,000 – 450,000
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0
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20
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N/A
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450,000 – 500,000
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6
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15
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2.5 months
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Absorption Rates for Whitby
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(Absorption rate is the time it would take to sell the current supply of homes for sale – in months)
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Price Range
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May Sales
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Active Listings
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Months of Supply
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150,000 – 175,000
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2
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4
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2 months
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175,000 – 200,000
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6
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7
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1 month
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200,000 – 225,000
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9
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8
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Oversupply
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225,000 – 250,000
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31
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32
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Oversupply
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250,000 – 275,000
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33
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42
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1.2 months
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275,000 – 300,000
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37
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42
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1 month
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300,000 – 325,000
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26
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24
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1 months
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325,000 – 350,000
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21
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34
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1.6 months
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350,000 – 375,000
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16
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16
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Balanced
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375,000 – 400,000
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7
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13
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1.85 months
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400,000 – 425,000
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2
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10
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5 months
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425,000 – 450,000
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2
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16
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8 months
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450,000 – 500,000
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3
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10
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3.3 months
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Absorption Rates for Bowmanville/Courtice
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(Absorption rate is the time it would take to sell the current supply of homes for sale – in months)
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Price Range
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May Sales
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Active Listings
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Months of Supply
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150,000 – 175,000
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2
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8
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4 months
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175,000 – 200,000
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6
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25
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3 months
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200,000 – 225,000
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9
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35
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4 months
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225,000 – 250,000
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11
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49
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4.5 months
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250,000 – 275,000
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9
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35
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4 months
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275,000 – 300,000
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9
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33
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3.7 months
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300,000 – 325,000
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3
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16
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5.3 months
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325,000 – 350,000
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4
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28
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7 months
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350,000 – 375,000
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4
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5
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1.25months
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375,000 – 400,000
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0
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17
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Oversupply
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400,000 – 500,000
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1
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9
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9 months
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