5,241,047
If it tells a story the sellers need to know, yes! As in the market is going back towards a longer marketing period.
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
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Diana Dahlberg
Pleasant Prairie, WI
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Kathleen Daniels, Prob...
San Jose, CA
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Lyn Sims
Schaumburg, IL
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Brenda Mayette
Glenville, NY
906,632
I have in the past and will again.
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
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Diana Dahlberg
Pleasant Prairie, WI
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Kathleen Daniels, Prob...
San Jose, CA
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Peter Mohylsky, Destin...
Miramar Beach, FL
902,038
Yes, it's part of my calculations.
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
-
Diana Dahlberg
Pleasant Prairie, WI
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Kathleen Daniels, Prob...
San Jose, CA
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Peter Mohylsky, Destin...
Miramar Beach, FL
1,506,173
I did back when I was doing these.
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
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Diana Dahlberg
Pleasant Prairie, WI
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Kathleen Daniels, Prob...
San Jose, CA
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Peter Mohylsky, Destin...
Miramar Beach, FL
679,404
Definitely a tool we should be using ... especially now with the market changing on a daily basis. We have to stay on top of this so we are consulting with our clients in their Best Interest!
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Joan Cox
Denver, CO
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
1,056,818
They should! A very reliable measure of trends . . .
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
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Diana Dahlberg
Pleasant Prairie, WI
3,349,729
I do. It is playing a bigger role as my market is shifting from a hot seller market to increased inventory, longer days on market, and a LOT of price reductions.
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
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Diana Dahlberg
Pleasant Prairie, WI
2,784,876
So many tools & tells are available. It is fascinating to watch the many pockets of Real Estate have the final say so via the market for their area. Recommend Hands-on in all neighborhoods
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
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Kathleen Daniels, Prob...
San Jose, CA
1,847,181
Absolutely. I don't think that it's of very much use now that things are selling fast. But if market slows down ...
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Gary Frimann, CRS, GRI...
Gilroy, CA
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John Juarez
Fremont, CA
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Diana Dahlberg
Pleasant Prairie, WI
1,323,914
Our absorption rate have been below 30 days for so long that it has become a forgotten item. If the market continues to slow, absorption rate will become a significant statistic again.
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Joan Cox
Denver, CO
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Gary Frimann, CRS, GRI...
Gilroy, CA
1,553,816
Absorption rate: I use typically for my sellers when listing and buyers when comping for an offer - but not since 2019. May have to start again soon.
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Thomas J. Nelson, REAL...
La Jolla, CA
1,572,040
I think it is one of the most important data point. Especially when the market slows like it has recently.
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Joan Cox
Denver, CO
4,962,467
766,329
3,167,814
5,878,065