Sale Turnover Rate

The frequency with which properties in a given market or portfolio change hands. A sale turnover rate of 6.9 years means that on average, a property is held by an owner for about 6.9 years before it is sold. This figure helps investors and market analysts understand how quickly properties appreciate, how long owners typically wait before exiting their investment, and how frequently inventory cycles through the market. It can be a key indicator of market activity, liquidity, and potential buyer or seller leverage.