Absorption Report

Waldo, House

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
126k-150k 3 3 0.5 0
151k-175k 1 1 1 0.2 6
176k-200k 3 2 1 0.1 9
201k-225k 1 5 2 0.8 1.2
226k-250k 1 4 1 0.7 1.5
251k-275k 7 12 1 0.3 3.5
276k-300k 4 11 3 0.5 2.2
301k-325k 9 10 2 0.2 5.4
326k-350k 8 17 4 0.4 2.8
351k-375k 4 17 5 0.7 1.4
376k-400k 12 23 6 0.3 3.1
401k-425k 3 18 3 1 1
426k-450k 13 32 4 0.4 2.4
451k-475k 15 26 7 0.3 3.5
476k-500k 15 20 2 0.2 4.5
501k-550k 16 38 7 0.4 2.5
551k-600k 20 33 4 0.3 3.6
601k-650k 11 23 5 0.3 2.9
651k-700k 14 17 4 0.2 4.9
701k-750k 12 14 3 0.2 5.1
751k-800k 10 18 5 0.3 3.3
801k-850k 8 15 2 0.3 3.2
851k-900k 5 5 1 0.2 6
901k-950k 2 9 1 0.8 1.3
951k-1m 5 8 0.3 3.8
1m-1.1m 2 6 1 0.5 2
1.1m-1.2m 5 7 3 0.2 4.3
1.2m-1.3m 6 2 1 0.1 18
1.3m-1.4m 2 3 1 0.3 4
1.4m-1.5m 1 0
1.5m-1.6m 1 3 2 0.5 2
1.6m-1.7m 2 2 0.2 6
1.7m-1.8m 1 2 1 0.3 3
1.8m-1.9m 2 1 0.3 0
1.9m-2m 2 0
2m-2.25m 2 2 0.2 6
2.25m-2.5m 4 4 1 0.2 6
2.5m-2.75m 1 0
2.75m-3m 1 0
3m-3.5m 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
176k-200k 1 0.2 0
201k-225k 1 1 0.2 0
226k-250k 1 0.2 0
251k-275k 6 4 1 0
276k-300k 2 7 2 0.6 1.7
301k-325k 4 4 0.2 6
326k-350k 3 3 1 0.2 6
351k-375k 1 3 1 0.5 2
376k-400k 2 2 1 0.2 6
401k-425k 2 0.3 0
426k-450k 4 3 0.1 8
451k-475k 3 2 1 0.1 9
476k-500k 3 5 1 0.3 3.6
501k-550k 1 1 0.2 6
551k-600k 4 1 0 24
601k-650k 4 0
701k-750k 1 0.2 0
751k-800k 1 1 0.2 0
851k-900k 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
126k-150k 2 0.3 0
151k-175k 2 10 2 0.8 1.2
176k-200k 6 17 5 0.5 2.1
201k-225k 20 23 3 0.2 5.2
226k-250k 32 15 2 0.1 12.8
251k-275k 16 13 1 0.1 7.4
276k-300k 28 7 2 0 24
301k-325k 4 9 3 0.4 2.7
326k-350k 8 5 0.1 9.6
351k-375k 3 4 2 0.2 4.5
376k-400k 2 2 1 0.2 6
401k-425k 3 0
426k-450k 3 0
451k-475k 2 1 0.1 12
476k-500k 1 0.2 0
501k-550k 4 1 0 24
551k-600k 6 2 0.1 18
601k-650k 2 1 0.1 12
651k-700k 2 0
701k-750k 1 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
126k-150k 2 0.3 0
151k-175k 1 0
176k-200k 2 0.3 0
201k-225k 1 0
276k-300k 1 1 1 0.2 6
301k-325k 1 1 0.2 6
326k-350k 1 1 0.2 0
376k-400k 1 0
401k-425k 1 0.2 0
476k-500k 1 0
551k-600k 2 0
651k-700k 1 0
801k-850k 2 0
851k-900k 1 1 0.2 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
4.5m-5m 1 0