Which term describes the investigation of property absorption in a market?

The term that best describes the investigation of property absorption in a market is marketability analysis. Marketability analysis focuses on understanding how well a property can be sold or rented within a certain timeframe and at a specific price, considering the current market conditions and trends. This includes evaluating factors like demand, competition, and the characteristics of the property which affect its ability to attract buyers or tenants.

Absorption is a key concept within marketability, as it refers to the rate at which available properties are sold or leased in a given market over a specific period. By conducting a marketability analysis, appraisers and real estate professionals can ascertain how quickly properties in a certain market are being absorbed, which helps in evaluating the potential value and market performance of a property.

In contrast, economic base analysis typically involves assessing the economic factors that support the demand for properties in a specific area, such as employment rates and industry presence. The sales comparison approach is a valuation method that relies on comparing similar properties that have recently sold. Market analysis, while encompassing broader elements such as trends and conditions in the market, does not specifically target absorption rates in the same focused manner as marketability analysis does.