Absorption Report

San Antonio, Al Mar Lane

Absorption Report

The absorption rate is essentially the total number of months that it would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. A lower absorption rate means that the property will likely take a bit longer to sell, and conversely, a higher number indicates that the property is likely to sell much faster. Both buyers and sellers can use this data to help predict sales activity and home prices for the property in question. For example, if a homeowner lives in a market with an absorption rate of 5-months and is also anxious to sell due to a job transfer, then it might be in his or her best interest to be more aggressive in the listing price.

Seller's
Market		 Balanced
Market		 Buyer's
Market
< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 27% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
226k-250k 1 0.2 0
251k-275k 1 1 0.2 6
276k-300k 2 0.3 0
301k-325k 1 3 1 0.5 2
326k-350k 4 0.7 0
351k-375k 6 1 1 0
376k-400k 3 8 3 0.4 2.3
401k-425k 2 10 0.8 1.2
426k-450k 5 15 2 0.5 2
451k-475k 4 12 1 0.5 2
476k-500k 10 12 3 0.2 5
501k-550k 20 39 3 0.3 3.1
551k-600k 30 27 7 0.2 6.7
601k-650k 13 23 5 0.3 3.4
651k-700k 18 24 3 0.2 4.5
701k-750k 14 25 8 0.3 3.4
751k-800k 22 35 6 0.3 3.8
801k-850k 19 23 3 0.2 5
851k-900k 27 15 2 0.1 10.8
901k-950k 14 19 5 0.2 4.4
951k-1m 23 15 3 0.1 9.2
1m-1.1m 16 21 3 0.2 4.6
1.1m-1.2m 20 25 5 0.2 4.8
1.2m-1.3m 12 14 3 0.2 5.1
1.3m-1.4m 5 11 4 0.4 2.7
1.4m-1.5m 7 8 3 0.2 5.3
1.5m-1.6m 1 7 1 1.2 0.9
1.6m-1.7m 7 8 0.2 5.3
1.7m-1.8m 4 7 0.3 3.4
1.8m-1.9m 3 4 0.2 4.5
1.9m-2m 5 3 1 0.1 10
2m-2.25m 9 7 1 0.1 7.7
2.25m-2.5m 5 10 1 0.3 3
2.5m-2.75m 3 5 2 0.3 3.6
2.75m-3m 8 5 0.1 9.6
3m-3.5m 6 9 1 0.3 4
3.5m-4m 7 6 1 0.1 7
4m-4.5m 4 2 0.1 12
4.5m-5m 4 3 0.1 8
5.01m-6m 7 1 0 42
6.01m-7m 2 2 1 0.2 6
7.01m-8m 2 0
8.01m-9m 1 0
9.01m-10m 2 2 0.2 6
10.01m-11m 1 1 0.2 6
11.01m-12m 1 0
13.01m-14m 1 0
14.01m-15m 1 0
15.01m-16m 1 0.2 0
18.01m-19m 1 0
24.01m-25m 2 0

Townhouses 17% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
276k-300k 1 1 0.2 6
326k-350k 1 0.2 0
351k-375k 4 1 0.7 0
376k-400k 1 0
401k-425k 1 5 0.8 1.2
426k-450k 1 5 1 0.8 1.2
451k-475k 4 1 0 24
476k-500k 3 4 1 0.2 4.5
501k-550k 6 3 0.1 12
551k-600k 1 0
601k-650k 1 0
951k-1m 1 0

Condos 17% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
176k-200k 3 0.5 0
201k-225k 3 5 0.3 3.6
226k-250k 6 8 1 0.2 4.5
251k-275k 5 10 0.3 3
276k-300k 13 7 2 0.1 11.1
301k-325k 12 13 4 0.2 5.5
326k-350k 27 16 4 0.1 10.1
351k-375k 20 13 1 0.1 9.2
376k-400k 24 20 4 0.1 7.2
401k-425k 27 27 3 0.2 6
426k-450k 29 22 2 0.1 7.9
451k-475k 18 8 0.1 13.5
476k-500k 18 13 2 0.1 8.3
501k-550k 19 16 4 0.1 7.1
551k-600k 25 19 2 0.1 7.9
601k-650k 24 20 5 0.1 7.2
651k-700k 19 17 3 0.1 6.7
701k-750k 15 14 3 0.2 6.4
751k-800k 7 10 2 0.2 4.2
801k-850k 6 4 0.1 9
851k-900k 7 4 0.1 10.5
901k-950k 5 6 1 0.2 5
951k-1m 11 6 0.1 11
1m-1.1m 4 4 0.2 6
1.1m-1.2m 12 4 1 0.1 18
1.2m-1.3m 4 6 3 0.3 4
1.3m-1.4m 4 4 0.2 6
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 3 3 1 0.2 6
1.6m-1.7m 2 5 0.4 2.4
1.7m-1.8m 4 0
1.8m-1.9m 3 3 0.2 6
1.9m-2m 7 0
2m-2.25m 7 3 1 0.1 14
2.25m-2.5m 5 8 0.3 3.8
2.5m-2.75m 5 0
2.75m-3m 5 4 0.1 7.5
3m-3.5m 5 4 0.1 7.5
3.5m-4m 7 2 0 21
4m-4.5m 7 1 0 42
4.5m-5m 4 3 0.1 8
5.01m-6m 2 2 0.2 6
6.01m-7m 1 0.2 0
8.01m-9m 1 0.2 0
9.01m-10m 1 0
15.01m-16m 1 1 0.2 0

Land 9% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
51k-75k 2 5 0.4 2.4
76k-100k 2 1 0.1 12
101k-125k 2 0.3 0
126k-150k 3 5 1 0.3 3.6
151k-175k 2 2 0.2 6
176k-200k 2 2 0.2 6
201k-225k 4 6 4 0.3 4
226k-250k 6 4 1 0.1 9
251k-275k 7 3 0.1 14
276k-300k 5 1 0 30
301k-325k 3 0
326k-350k 3 2 0.1 9
351k-375k 1 0
376k-400k 4 1 0 24
401k-425k 2 1 0.1 12
426k-450k 3 1 0.1 18
476k-500k 6 1 0 36
501k-550k 2 0
551k-600k 2 0
601k-650k 1 0
651k-700k 1 1 0.2 6
701k-750k 4 0
751k-800k 4 0
851k-900k 1 0
901k-950k 3 1 1 0.1 18
951k-1m 1 0.2 0
1m-1.1m 1 2 1 0.3 3
1.1m-1.2m 1 0
1.2m-1.3m 2 1 0.1 12
1.4m-1.5m 3 0
1.5m-1.6m 3 0
1.9m-2m 1 0
2m-2.25m 1 0
2.25m-2.5m 2 0
2.75m-3m 2 0
3m-3.5m 4 0
4m-4.5m 2 0
5.01m-6m 2 1 0.1 12
6.01m-7m 2 0
7.01m-8m 2 3 0.3 4
9.01m-10m 1 0