As a seller in the Connecticut real estate market, it's important to understand the statistics and the pace of listings that are selling. Absorption is the rate at which new listings are being absorbed into the market as a pending or sale. Flow considers all statuses including expired listings. It has to be factored into the decision on pricing if you would like to be successful in selling for top dollar.
The market is shifting into a buyer's market where inventory will begin to build in specific price ranges and buyers will have additional time to make decisions.
Find out the detail of your market by contacting us for additional information on how absorption and flow will impact the saleability of your home.