How long does it take to sell a house? The statistic that reflects this is called the absorption rate.
Absorption rate is the rate at which homes sell in a given area during a given time period. Absorption rate is calculated by dividing the
number of sales in a given month by the number of available homes for sale. It is the inverse of months of supply.
This chart represents the current absorption rate for residential homes in Sedona Arizona. The chart updates automatically.
[market_stats title=”Sedona Absorption Rate” width=”720″ height=”480″ type=”absorption” property_type=”A” location=”City=Sedona&Sedona”]
