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

       

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