What is Absorption Rate? Absorption rate is basically a report of inventory amounts & trends.  It is important for placing offers, pricing new listings and in general understanding where the market is heading.  It shows trends in a "monthly format" which gauges how many months it will take for the market to currently "absorb" all of the invententory. How is a Buyers Market, Seller's Market or Stable Market Defined with Absorption Rate? It's actually quite simple: Less than 6 Months of Inventory = Seller's Market Around 6 Months of Inventory = Stable Market More than 6 Months of Inventory = Buyer's Market Here is What a Sample Absorption Report Looks Like: The above report is for the entire Las Vegas Valley (includes Henderson, North Las Vegas and Various Other Enterprises and Townships ... 08/03/2010

Coldwell Banker Wardley | Coldwell Banker Wardley Real Estate | sold@teamcoldwell.com Primary: (702) 604-7739 Toll Free:   180 AZALEA SPRINGS AV $165,000 Click here to view the full details of this property. Year Built: 2006 County: Clark Bedrooms: 3 Baths: 2 full, 0 partial Sqr Footage: 1748 Garage Spots: 3.0 Garage Desc: 3.0 car garage attached Subdivision: FOXHALL SKYLINE-PHASE 1 MLS Number: 990610 COMMENTS     ADDITIONAL FEATURES Association Fee: $56.00 Dining Room Description: Kitchen/Dining Room Combo Exterior Description: Covered Patio, Deck Fence Description: Backyard Full Fenced Interior Description: Ceiling Fan(s) Kitchen Description: Granite Countertops, Island, Breakfast Bar/Counter, Pantry, Lighting Recessed, Tile Flooring Landscape Description: Desert Landscaping, Front S... 05/22/2010