Destin, FL Condo Sales July 2011

Absorption Rate for all condos in Destin

Active listings today = 1,134

Number of Sold last Month = 16

16 sold times 12 months = 192

192 divided by 52 weeks in the year = 3.60 units

1,134 divided by 3.60 = 315 weeks of inventory in the market place today

Absorption Rate for Waterfront Condos in Destin

Active listings today = 431

Number of Sold Last Month = 13

13 sold times 12 months = 156

156 divided by 52 weeks in the year = 3.00

431 divided by 3.00 = 143.6 weeks of inventory for Waterfront Condos in Destin

Absorption Rate for Waterfront Condos having at least 3 bedrooms

Active listings today = 210

Number of Sold Last Month = 24

24 sold times 12 months = 288

288 divided by 52 weeks in the year = 5.53

210 divided by 5.53 = 37.9 weeks of inventory

View of our Area

About Kelly Klein

Buyers and Listing specialist. Whether it is a condo, a home, a townhome, a duplex, or a lot, I am here to help. You can find me at http://www.KellyKleinSoldMine.com Broker Associate / Sales Professional Berkshire Hathaway Home Services | Pen Fed Realty
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