ABSORPTION STUDIES

 

In real estate, the planners and developers of multi-unit projects typically plan to sell a relatively large supply of a given product over a given marketing time. This product may be single family lots, single family houses, condominiums or other multiple unit properties. The astute developer will not invest in large quantities of a product without having empirical market demand evidence to support the anticipated production volume. Professional real estate firms obtain this data through the use of Absorption Studies. A proper study will offer not only historic sales volumes of a given product, but will also address other competing properties that are both coming on stream and exiting the market.

 

ELLIOTT® & Company Appraisers offers Absorption Studies nationwide. We are available for a no obligation consultation on how we may provide Absorption Studies for your projects.

 

 

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