Martin County Real Estate Statistics

Please take note of some very important trend developments starting to appear now (May 2008) and give us a call if you would like an interpretation to meanings!

Martin County Residential Data
(Single Family Homes)

 The Definition of Absorption Rate:
Number of weeks it takes to sell the current inventory at the present rate of sales. Knowing your area's Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend. 

Martin County Condominium Statistics