Stillwater absorption rates

The absorption rate is a calculation of how long it will take for all homes currently on the market to be sold (absorbed). Here are the numbers for Stillwater, sorted by property type:

Single Family - 11.3 months
Townhome - 11.6 months
Condominium - 33.2 months

A six month supply is considered balanced, when the number of listings is about equal to the number of buyers. Over 6 months represent a buyers market and below are a sellers market.

Its pretty clear that you need to price your home right if you want a quick sale, especially condo owners who don’t want to wait nearly 3 years.

For more specific absorption rates on your home, email us or call 651-356-8877.