About the Months of Inventory Report
How to Use Months of Inventory Report? Refer to For Sale vs. Sold Report for the number of properties for sale, pended and sold that are used to calculate the Months of Inventory report. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer's market.Fairfield, Suisun, Vacaville CA Single Family Homes Under $450,0001.1 Months of Inventory as of 05/14/14
Over $450,000 - $900,0002.9 Months of Inventory as of 05/14/2014
Absorption Rate About Absorption Rate Report
The Rate of Absorption measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed (sold or pended) each month. The Absorption Rate is presented as a percentage (%) of the current inventory. How to Use Months of Inventory Report? Refer to For Sale vs. Sold Report for the number of properties for sale, pended and sold that are used to calculate the Months of Inventory report. As a rule of thumb, an absorption rate of less than 16.67% indicates a strong buyer market while an absorption rate level greater than 33.33% indicates a seller's market.Absorption Rate Fairfield, Vacaville, Suisun. Single Family Homes Under $450,00087.5% Absorption rate as of 05/14/2014Over $450,000 - $900,00034% Absorption Rate as of 05/14/2014