2009 Keene Ranch
Real Estate Recap
14 Solds! — only 10 in 2008!
9 less than $700k, 5 for $705k-$820k
3 Under Contract — listed at $519k/$997k/$1.185k
12 Active Listings! — 23 Actives in 2008!
2 are under $700k/7- $705-$1.99k/3 over $2mil
12 Active Listings/1.17 = 10 Month Supply!!!Keene Ranch had a 28 month supply in 2008
Absorption Rate—A formula to determine how long it will take to sell all of our Active Listings
14 solds/12 months= 1.17 sales per month