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Lot Sale Schedule

The lot sale schedule displays how many lots are sold in each project year, and if you are dealing with a multi-phase project, how many lots are sold per year per phase. In the case of the sample project, absorption is one lot per month and the first sale month is August. Consequently five lots are sold in year one, twelve lots are sold in year two through year eight and two lots are sold in year nine of which twenty seven are from phase 1, thirty-three are from Phase 2 and thirty-one are from phase 3. The lot sale schedule estimates when additional phases are likely to come on line. 

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