The number shows the rate at which the inventory of homes for sale are being sold. A declining figure indicates people the inventory is decreasing as more homes are being sold than are coming onto the market. A rising absorption rate implies that there are more homes coming onto the market than there are buyers willing to buy at the market prices.

The absorption rate lets you know how well the market is absorbing the current inventory of listings. The ultimate question the absorption rate answers is, "Is the current inventory level shrinking or growing"?    [print absorption rate]

	How FAST are houses selling?
	Absorption Rate Analysis for Residential Sales
	Sheridan, Wyoming  - Multiple Listing Service Information
	Year to Date statistics -	From 9/1/2009 to 9/3/10

	Price Range		Total Listings				Months
	low	high	# active	# sold	Sold/mo		of Supply
1	$0	$100,000	20	31	2.58		7.7
2	$100,001	$150,000	36	36	3.00		12.0
3	$150,001	$200,000	79	71	5.92		13.4
4	$200,001	$250,000	48	68	5.67		8.5
5	$250,001	$300,000	46	30	2.50		18.4
6	$300,001	$350,000	21	25	2.08		10.1
7	$350,001	$400,000	34	18	1.50		22.7
8	$400,001	$450,000	16	8	0.67		24.0
9	$450,001	$500,000	18	6	0.50		36.0
10	$500,001	$600,000	19	8	0.67		28.5
11	$600,001	$700,000	6	6	0.50		12.0
12	$700,001	$1,000,000	12	2	0.17		72.0
	Overall		355	309	25.75		13.8

M.of Supply	M.of Supply	M.of Supply	M.of Supply	M.of Supply	M.of Supply	M.of Supply	M.of Supply
8/09 to 8/10	7/09 to 7/10	6/09 to 6/10	5/09 to 5/10	4/09 to 4/10	3/09 to 3/10		2009
8.0	10.1	6	7.0	5.4	4.0		2.1
10.7	9	10.8	9.5	12.0	17.4		8.5
13.4	12.6	13.7	11.4	11.2	9.8		7.0
9.4	8.9	7.7	8.5	7.0	6.2		5.5
16.0	14.2	14.5	18.0	13.5	13.0		9.0
9.4	8.1	10.2	11.1	8.9	7.1		4.6
18.9	20.4	22.7	22.7	19.5	22.3		18.5
16.8	16.8	10.7	13.5	18.9	18.9		24.2
32.0	34.3	34.3	22.5	27.4	10.5		22.0
24.0	19.2	15	13.7	11.1	12.0		9.4
14.4	18	36	36.0	30.0	36.0		36.0
72.0	54	32	15.0	24.0	20.0		24.0
13.1	12.5	12.5	12.2	11.1	10.8		8.0