Absorption Report

San Mateo, Townhouse

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 0% 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 1 0.2 0
76k-100k 1 3 1 0.5 2
101k-125k 3 1 0.5 0
126k-150k 1 2 1 0.3 3
151k-175k 2 2 0.2 6
176k-200k 2 9 3 0.8 1.3
201k-225k 5 15 2 0.5 2
226k-250k 10 29 4 0.5 2.1
251k-275k 10 37 2 0.6 1.6
276k-300k 11 38 11 0.6 1.7
301k-325k 18 50 12 0.5 2.2
326k-350k 40 68 8 0.3 3.5
351k-375k 40 64 13 0.3 3.8
376k-400k 36 76 19 0.4 2.8
401k-425k 34 47 8 0.2 4.3
426k-450k 40 31 5 0.1 7.7
451k-475k 28 36 2 0.2 4.7
476k-500k 16 29 8 0.3 3.3
501k-550k 21 21 5 0.2 6
551k-600k 16 10 2 0.1 9.6
601k-650k 5 7 3 0.2 4.3
651k-700k 7 3 2 0.1 14
701k-750k 2 1 0.1 12
751k-800k 4 3 0.1 8
801k-850k 1 1 0.2 6
851k-900k 3 2 0.1 9
901k-950k 1 1 1 0.2 6
951k-1m 1 1 0.2 6
1.2m-1.3m 2 0
1.4m-1.5m 2 0
2m-2.25m 1 0.2 0

Townhouses 0% 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 2 1 0.3 0
301k-325k 2 3 0.3 4
351k-375k 1 2 1 0.3 3
426k-450k 1 0

Condos 0% 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
101k-125k 2 0.3 0
126k-150k 2 0.3 0
151k-175k 4 9 2 0.4 2.7
176k-200k 8 2 0 24
201k-225k 2 0
251k-275k 1 2 0.3 3
276k-300k 1 0
301k-325k 2 0

Land 0% 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
1k-25k 26 29 4 0.2 5.4
26k-50k 36 16 1 0.1 13.5
51k-75k 10 3 0.1 20
76k-100k 6 6 1 0.2 6
101k-125k 2 4 0.3 3
126k-150k 5 6 1 0.2 5
151k-175k 5 7 0.2 4.3
176k-200k 6 2 0.1 18
201k-225k 1 0.2 0
226k-250k 5 0
251k-275k 3 0
276k-300k 1 1 0.2 6
326k-350k 5 0
376k-400k 4 0
401k-425k 1 0.2 0
426k-450k 3 0
476k-500k 2 0
501k-550k 2 0
601k-650k 1 1 0.2 6
701k-750k 1 0
751k-800k 1 0
801k-850k 2 0
851k-900k 2 0
951k-1m 1 1 0.2 6
1m-1.1m 1 1 0.2 6
1.1m-1.2m 1 0
1.3m-1.4m 1 0
1.5m-1.6m 1 0.2 0
1.9m-2m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
7.01m-8m 1 0