Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in the neighborhoods we service. And though we’ve been telling you this for months, we’ll let the stats speak for themselves. 

In Buena Park Zip Code 90620 there are 39 active and 13 homes sold in October with an average 10 days on the market, at a median selling price $815,000.  That's an absorption rate of 33%. Anything over 20% means a healthy market.