Tagged : whistler real estate market

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ABSORPTION RATE - The rate at which homes are selling in Whistler.

There are 3 pieces of information you will need to find absorption rate:

  1.    The specific time frame
  2.    The number of sold homes during that time frame
  3.    The number of active homes right now

Here is how I calculated the absorption rate for the Whistler from January to June 30 2019

THE DATA

1. Time Frame =181 days (total days from January 1, 2019 to June 30, 2019

2. Number of Sold Homes =243 (from January 1, 2011 to June 30, 2019)

3. Number of Active Homes = 345

CALCULATIONS:

  •          Rate of Home Sales =.7449 - 1 home is sold every .7449 days. This number is found by taking 181/243 (Time Frame/Number of Sold Homes)
  •          Absorption Rate =
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