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Market statistics

Market statistics

Kitsap County’s Absorption Rate Defined

Absorption rate is defined as the time needed for the market to consume the existing inventory of homes for sale. I compute absorption rate weekly by dividing the total number of active listings for an area (or neighborhood, or style of home) by the number of closed sales for that particular week. I compare this […]

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Market statistics Kitsap County’s Absorption Rate Defined Absorption rate is defined as the time needed for the market to consume the existing inventory of homes for sale. I compute absorption rate weekly by dividing the total number of active listings for an area (or neighborhood, or style of home) by the number of closed sales for that particular week. I compare this […]

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