Looking at the Stoughton Wisconsin real estate market activity since June 1st.
What is the holding inventory or absorption rate in Stoughton right now? How long would it take to sell a home?
How we calculate the data:
- How many homes are selling in a month?
- Based on the current active inventory, how long would it take to sell?
So the average home sales in Stoughton is 11.3 a month.
- 34 total sales since June 1st.
There are 135 current active listings for sale in Stoughton. If we said no more listings are allowed to come on the market, with an average of 11.3 selling a month, it would take 11.9 months to absorb the existing inventory.
This means Stoughton is a transitional/equal market but on the edge of a Buyer’s Market.
Related Posts:
5 Things A Seller Can Do To Look Better To A Buyer
In A Buyer’s Market You Still Can’t Wait To Buy
Filed under: market stats, real estate, stoughton real estate
