Comments on: Miami Beach Real Estate Market Reports for Luxury South Beach Condos- Absorption Rates-33139

By: Cara

Cara — Thu, 22 May 2008 22:51:04 +0000

Do you happen to have absorption rate and monthly inventory supply for all of Miami? Thanks.

By: Gena Riede

Gena Riede — Sun, 14 Oct 2007 05:03:09 +0000

I love your absorption rate graph. It must have taken you a lot of time to put that together. Wow, very impressive.

By: Teri L

Teri L — Sat, 06 Oct 2007 13:43:05 +0000

LOL!

By: Kevin Tomlinson

Kevin Tomlinson — Thu, 04 Oct 2007 16:28:23 +0000

Teri,
Wow! Thanks for stopping by. A BHB celeb in the house!

By: Teri L

Teri L — Thu, 04 Oct 2007 13:26:36 +0000

Nice job Kevin.

Absorption rates are must-have stats for a seller right now. You really can’t list a property without this information. Not in my market anyway.

By: Market Statistics for South Beach Condos-33139

Market Statistics for South Beach Condos-33139 — Wed, 03 Oct 2007 20:21:18 +0000

[...] Learn more about South Beach luxury condo absorption rates at The South Beach Real Estate Blog [...]

By: Kevin Tomlinson

Kevin Tomlinson — Tue, 02 Oct 2007 16:41:24 +0000

jparker,
I would have to disagree because even in the “boom” period, August and September were negligible in terms of amount of sales.

Ok, using that rationale, then January and February will give the stats a “false high.”

Pick your poison.

By: jparker

jparker — Tue, 02 Oct 2007 15:13:40 +0000

A six month moving average is not likely to represent the “true” state of the market especially in light of recent events. In this case a one or two month trailing average would be far more accurate providing enough observations exist.