[Three Cents Worth #173 DC] Length Of Time On The Market Is Right About Average
Posted by Jonathan J. Miller -Friday, July 15, 2011, 4:59 PM
1 Comment
It’s time to share my Three Cents Worth on Curbed DC, at the intersection of neighborhood and real estate in our Nation’s capitol.
…With the expiration of the debt ceiling looming, I thought I’d take a look at the current health of the Washington, DC metro housing market by examining its monthly absorption rate. In this chart, I defined absorption as the number of months to sell all active listings at the current pace of new contract signings. I like this metric because it looks at the net difference between supply and demand…
Three Cents Worth: Length Of Time On The Market Is Right About Average

[Click to expand and read full post on Curbed DC]
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That’s one helluva graph.