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The current absorption rate (inventory vs. sales) for homes in Salida is 2.91 years.  In 2010, the rate was 2.83 years.  For sellers, a high AR requires a lower asking price. 

 

Because AR is over six months, sellers must price aggressively or risk losing money.  One Realtor suggests pricing at 10% less than competitive homes.

 

Submitted by Leslie Walker, REMAX Mountain River, 115 F Street, Salida, CO, 719 539 8879 or 719 539 6060 or leslie@buysalida.com or www.buysalida.com.  EXPERIENCE YOU CAN COUNT ON!

 


Posted by Leslie Walker on June 16th, 2011 12:08 PMPost a Comment (0)

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