Verona Real Estate Market Activity

Looking at the Verona real estate market activity since June 1st, 2007

What is the holding inventory or absorption rate in Verona? How long would it take to sell a home?

How we calculate that data is:

• How many homes are selling in a month?
• Based on the current active inventory, how long would it take to sell?

So the average home sales in Verona is 11.6 a month.

• 35 total sales since June 1st.

There are 103 current active listings for sale in Verona. If we said no more listings are allowed to come on the market, with an average of 11.6 selling a month, it would take 8.9 months to absorb the existing inventory.

This means Verona is a balanced market.

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