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
|
Absorption Rates for Whitby/Oshawa/Bowmanville |
|||
|
(Absorption rate is the time it would take to sell the current supply of homes for sale – in months) |
|||
|
Price Range |
May Sales |
Active Listings |
Months of Supply |
|
150,000 – 175,000 |
39 |
72 |
1.8 months |
|
175,000 – 200,000 |
52 |
112 |
2.2 months |
|
200,000 – 225,000 |
58 |
123 |
2.1 months |
|
225,000 – 250,000 |
70 |
149 |
2.1 months |
|
250,000 – 275,000 |
57 |
136 |
2.4 months |
|
275,000 – 300,000 |
71 |
132 |
1.6 months |
|
300,000 – 325,000 |
42 |
69 |
1.6 months |
|
325,000 – 350,000 |
43 |
96 |
2.2 months |
|
350,000 – 375,000 |
28 |
42 |
1.5 months |
|
375,000 – 400,000 |
10 |
57 |
5.7 months |
|
400,000 – 425,000 |
3 |
39 |
7.8 months |
|
425,000 – 450,000 |
6 |
34 |
5.6 months |
|
450,000 – 500,000 |
3 |
25 |
8.3 months |