11 residential closings up 57% over 2007. Absorption Rate is good at 5.72 months, and the best news is the increase in $/SqFt by 9% This list has all subdivisions in the Willow Creek including Willow Creek, Willow Creek II, Willow Creek III, Townhouses and Cluster homes. Jan - March 2007 Jan - March 2008 % Change # of sales closed 7 11 57% # of sales Closed - YTD 7 11 57% Avg Days on Market 182 98 -53% # of Active Listings - 21 - Absorption Rate (months) - 5.72 - Average $ per SqFt 155 169 9% Average Price (Sold) 374,365 331,091 -11% Click here for active homes for sale in Willow Creek Absorption Rate Definition - the rate at which a market can absorb additional units of supply without causing market saturation and severe price distortions. For example, during a recessionary period, many homeowners may list their house for sale. Since the supply of homes entering the home resale market increased without a corresponding increase in demand, the market absorption rate has been exceeded,
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