Absorption Report


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 Last 6 Months 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
76k-100k 1 0
101k-125k 1 4 1 0.7 1.5
126k-150k 2 11 1 0.9 1.1
151k-175k 9 18 4 0.3 3
176k-200k 22 28 6 0.2 4.7
201k-225k 15 36 7 0.4 2.5
226k-250k 25 77 19 0.5 1.9
251k-275k 34 100 19 0.5 2
276k-300k 71 120 18 0.3 3.6
301k-325k 59 114 14 0.3 3.1
326k-350k 101 160 18 0.3 3.8
351k-375k 77 168 25 0.4 2.8
376k-400k 102 206 35 0.3 3
401k-425k 78 156 23 0.3 3
426k-450k 101 155 13 0.3 3.9
451k-475k 53 109 12 0.3 2.9
476k-500k 80 121 14 0.3 4
501k-550k 130 187 23 0.2 4.2
551k-600k 95 138 21 0.2 4.1
601k-650k 75 142 13 0.3 3.2
651k-700k 62 104 13 0.3 3.6
701k-750k 47 78 11 0.3 3.6
751k-800k 40 75 7 0.3 3.2
801k-850k 28 54 4 0.3 3.1
851k-900k 46 46 6 0.2 6
901k-950k 30 44 2 0.2 4.1
951k-1m 21 41 9 0.3 3.1
1m-1.1m 30 42 2 0.2 4.3
1.1m-1.2m 27 42 5 0.3 3.9
1.2m-1.3m 26 39 3 0.3 4
1.3m-1.4m 20 34 4 0.3 3.5
1.4m-1.5m 12 29 3 0.4 2.5
1.5m-1.6m 15 21 2 0.2 4.3
1.6m-1.7m 12 26 1 0.4 2.8
1.7m-1.8m 15 16 4 0.2 5.6
1.8m-1.9m 5 12 0.4 2.5
1.9m-2m 5 11 2 0.4 2.7
2m-2.25m 16 22 1 0.2 4.4
2.25m-2.5m 27 16 2 0.1 10.1
2.5m-2.75m 19 14 4 0.1 8.1
2.75m-3m 18 9 2 0.1 12
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 12 3 0.1 10
4m-4.5m 6 8 1 0.2 4.5
4.5m-5m 6 6 0.2 6
5.01m-6m 9 3 2 0.1 18
6.01m-7m 1 3 1 0.5 2
7.01m-8m 9 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
11.01m-12m 2 1 0.1 12
15.01m-16m 1 0
19.01m-20m 1 0