The rate at which obtainable houses are sold in a particular realty market during a certain time period. Its calculation is done by dividing the average number of sales during that period by the total number of available homes.
Published Date: Mar 15, 2018
Updated Date: Mar 27, 2024
The rate at which obtainable houses are sold in a particular realty market during a certain time period. Its calculation is done by dividing the average number of sales during that period by the total number of available homes.