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Market Report: Absorption Rates for Philomath, OR Nov 2016

Philomath          
Price Range Active Listings as of 12/6/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 1 * * * *
$100,000 – $149,999 1 3 0.50 2.00 55
$150,000 – $199,999 * 6 1.00 * 54
$200,000 – $249,999 2 11 1.83 1.09 65
$250,000 – $299,999 3 8 1.33 2.25 90
$300,000 – $349,999 1 1 0.17 6.00 112
$350,000 – $399,999 2 7 1.17 1.71 83
$400,000 – $449,999 2 3 0.50 4.00 84
$450,000 – $499,999 2 1 0.17 12.00 47
$500,000 – $599,999 * 1 * * 48
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  14 41   2.05 71

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

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Market Report: Absorption Rates for Philomath, OR Oct 2016

Philomath          
Price Range Active Listings as of 11/7/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 1 2 0.33 3.00 70
$150,000 – $199,999 1 5 0.83 1.20 69
$200,000 – $249,999 2 14 2.33 0.86 57
$250,000 – $299,999 5 8 1.33 3.75 98
$300,000 – $349,999 2 1 0.17 12.00 120
$350,000 – $399,999 2 7 1.17 1.71 77
$400,000 – $449,999 3 3 0.50 6.00 84
$450,000 – $499,999 2 * * * *
$500,000 – $599,999 * 1 * * 48
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  18 41   2.63 78

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

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Market Report: Absorption Rates for Philomath, OR Sept 2016

How is the real estate market in Philomath OR doing? Find the newest absorption rates numbers here.

Philomath          
Price Range Active Listings as of 10/6/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 2 1 0.17 12.00 87
$100,000 – $149,999 * 3 0.50 * 70
$150,000 – $199,999 2 6 1.00 2.00 69
$200,000 – $249,999 1 14 2.33 0.43 57
$250,000 – $299,999 3 10 1.67 1.80 98
$300,000 – $349,999 3 3 0.50 6.00 120
$350,000 – $399,999 2 9 1.50 1.33 77
$400,000 – $449,999 2 3 0.50 4.00 84
$450,000 – $499,999 2 * * * *
$500,000 – $599,999 * 1 * * 48
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  17 50   2.04 79

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

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Market Report: Absorption Rates for Philomath, OR December 2015

Philomath          
Price Range Active Listings as of 1/6/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 3 4 0.67 4.50 113
$150,000 – $199,999 1 8 1.33 0.75 81
$200,000 – $249,999 1 8 1.33 0.75 82
$250,000 – $299,999 3 8 1.33 2.25 98
$300,000 – $349,999 4 7 1.17 3.43 78
$350,000 – $399,999 1 6 1.00 1.00 67
$400,000 – $449,999 1 4 0.67 1.50 102
$450,000 – $499,999 * 3 0.50 * 110
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  14 48   1.75 91

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

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Market Report: Absorption Rates for Philomath, OR May 2015

Philomath
Price Range Active Listings as of 6/8/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * 1 0.17 * 262
$100,000 – $149,999 2 3 0.50 4.00 66
$150,000 – $199,999 3 5 0.83 3.60 174
$200,000 – $249,999 1 6 1.00 1.00 106
$250,000 – $299,999 5 7 1.17 4.29 172
$300,000 – $349,999 1 1 0.17 6.00 146
$350,000 – $399,999 7 3 0.50 14.00 286
$400,000 – $449,999 2 * * * *
$450,000 – $499,999 5 * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
26 26 6.00 173

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Market Reports, Philomath Updates | No Comments »

Market Report: Absorption Rates for Philomath, OR April 2015

Philomath
Price Range Active Listings as of 5/5/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 1 1 0.17 6.00 262
$100,000 – $149,999 2 2 0.33 6.00 67
$150,000 – $199,999 6 6 1.00 6.00 167
$200,000 – $249,999 3 5 0.83 3.60 97
$250,000 – $299,999 2 3 0.50 4.00 223
$300,000 – $349,999 1 1 0.17 6.00 146
$350,000 – $399,999 7 3 0.50 14.00 286
$400,000 – $449,999 2 1 0.17 12.00 155
$450,000 – $499,999 3 * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
27 22 7.36 175

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Market Reports, Philomath Updates | No Comments »

Market Report: Absorption Rates for Philomath, OR March 2015

Philomath
Price Range Active Listings as of 4/6/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 1 1 0.17 6.00 262
$100,000 – $149,999 2 2 0.33 6.00 57
$150,000 – $199,999 9 7 1.17 7.71 147
$200,000 – $249,999 2 5 0.83 2.40 115
$250,000 – $299,999 3 6 1.00 3.00 213
$300,000 – $349,999 3 * 0.00 * *
$350,000 – $399,999 7 2 0.33 21.00 239
$400,000 – $449,999 1 1 0.17 6.00 155
$450,000 – $499,999 2 * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
30 24 7.50 170

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Market Reports, Philomath Updates | No Comments »

Market Report: Absorption Rates for Philomath, OR February 2015

Philomath
Price Range Active Listings as of 3/7/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 1 1 0.17 6.00 51
$150,000 – $199,999 6 9 1.50 4.00 127
$200,000 – $249,999 1 3 0.50 2.00 89
$250,000 – $299,999 2 6 1.00 2.00 213
$300,000 – $349,999 6 * 0.00 * *
$350,000 – $399,999 10 2 0.33 30.00 239
$400,000 – $449,999 2 1 0.17 12.00 155
$450,000 – $499,999 2 * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
30 22 8.18 146

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Market Reports, Philomath Updates | No Comments »

Market Report: Absorption Rates for Philomath, OR Jan 2015

Philomath
Price Range Active Listings as of 2/8/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 1 * 0.00 * *
$100,000 – $149,999 1 4 0.67 1.50 84
$150,000 – $199,999 3 12 2.00 1.50 95
$200,000 – $249,999 3 5 0.83 3.60 85
$250,000 – $299,999 2 7 1.17 1.71 221
$300,000 – $349,999 5 1 0.17 30.00 63
$350,000 – $399,999 10 2 0.33 30.00 239
$400,000 – $449,999 2 2 0.33 6.00 109
$450,000 – $499,999 1 1 0.17 6.00 293
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
28 34 4.94 149

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Market Reports, Philomath Updates | No Comments »

Market Report: Absorption Rates for Philomath, OR December 2014

Philomath
Price Range Active Listings as of 1/8/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 2 1 0.17 12.00 183
$100,000 – $149,999 1 4 0.67 1.50 84
$150,000 – $199,999 4 11 1.83 2.18 93
$200,000 – $249,999 3 6 1.00 3.00 86
$250,000 – $299,999 3 9 1.50 2.00 178
$300,000 – $349,999 3 1 0.17 18.00 63
$350,000 – $399,999 1 1 0.17 6.00 167
$400,000 – $449,999 3 2 0.33 9.00 112
$450,000 – $499,999 1 1 0.17 6.00 293
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
21 36 3.50 140

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Market Reports, Philomath Updates | No Comments »