Carillon Lakes in Lakeland Florida – Absorption Rate Market Analysis

Carillon Lakes in Lakeland Florida – Absorption Rate Market Analysis

In my last blog, I defined the absorption rate for Lakeland Florida homes and wrote that I would help you understand how absorption rates and housing supply is calculated within a specific community, such as Carillon Lakes in Lakeland Florida.

Real Estate is Local! While I have been writing overall market reports for Lakeland, Florida for some time now, I often get asked what the current home prices in certain neighborhoods or subdivisions are.  Creating a Absorption Rate Market Analysis for a specific location, such as Carillon Lakes, gives buyers and seller in-depth information on where the market is heading.

The graph below shows clearly that the Carillon Lakes housing market, while still a Buyer’s Market, has improved within the last three months of a reduced months of home inventory supply.

While absorption rate will certainly help a Seller understand better to determine how long it might take to sell their home.  Absorption rate by price range is another way of helping a Lakeland Fl Seller understand their pricing strategy.

Stay tuned for Absorption Rate by price range!

Copyright © 2010 By Petra Norris * Carillon Lakes in Lakeland Florida – Absorption Rate Market Analysis*

Leave A Comment...

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*