Absorbtion Rates for Bellingham

Here are some interesting statistics I have begun compiling.

Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.

Absorbtion Rates for Bellingham

Price Range

Active Listings

Monthly Absorbtion Rate

Pending This Week

Months to sell Current Inventory

Up to $250,000

86

24

2

6.5

250,000-300,000

128

25

4

3.6

300,000-400,000

193

32

2

6

400,000-500,000

112

14

2

8.2

500,000-600,000

53

6

1

8.7

600,000-700,000

38

3

2

14

700,000-800,000

31

3

1

11.5

800,000-900,000

21

2

1

9.5

900,000-1,000,000

14

1

0

14

1,000,000-2,000,000

28

2

0

16

2,000,000+

7

.2

0

35

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