As of June, 18, 2009 there are 169 Single Family Homes on the Market
9 Single Family Homes are in Pending Status on the Multiple Listing Service (means mortgages are funded)
23 House Sold and Closed in Chappaqua in the last 6 months
The ratio of Selling Price to Listing Price is 94.52
The average days on the market for those 23 Sold properties is 237
The absorption rate stands at 73 weeks. The absorption rate is the amount of time it will take to sell the current inventory at the current rate of sale. Greater than 6 months of inventory (24 weeks indicates a buyers market)
*difference between the chart and my numbers is Chappaqua school districts vs. Chappaqua PO.
