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 absorption rate, how long it will take to sell the current inventory at the said absorption rate. This is a very interesting way to look at the market, as of today:
Average List Price $520,612 Days on the market 117
Median List Price $399,900 Days on the market 79
| Price Range | Active Listings | Monthly Absorption Rate | Pending Past week | Months to sell Current Inventory | Pending Ratio |
| Up to $199,999 | 28 | 6.1 | 6/35 | 4.5 | 125% |
| 200,000-299,999 | 138 | 28.4 | 9/69 | 4.9 | 50% |
| 300,000-399,999 | 111 | 15.8 | 7/37 | 7.0 | 30% |
| 400,000-499,999 | 88 | 7.8 | 2/20 | 11.2 | 25% |
| 500,000-599,999 | 58 | 3.5 | 2/10 | 16.5 | 17.2% |
| 600,000-699,999 | 33 | 2.1 | 1/4 | 15.7 | 12.1% |
| 700,000-799,999 | 23 | .7 | 0/2 | 32.8 | 8.7% |
| 800,000-899,999 | 17 | .8 | 0/0 | 21.3 | 0% |
| 900,000-999,999 | 13 | 0.5 | 0/1 | 26 | 7.6% |
| 1,000,000-1,999,999 | 36 | 0.6 | 3/6 | 60 | 16.7% |
| 2,000,000+ | 5 | .1 | 0/1 | 50 | 20% |
| Totals | 550 | 67.1 | 30/185 | 8.2 | 33.6% |
It still looks like a buyers market under $300.000 as conventional wisdom goes anything less than 6 months inventory is a buyers market.