Absorption Report

Wildwood

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
101k-125k 2 0.3 0
151k-175k 1 0
176k-200k 1 1 1 0.2 6
201k-225k 3 0.5 0
226k-250k 1 2 1 0.3 3
251k-275k 3 3 1 0.2 6
276k-300k 1 10 4 1.7 0.6
301k-325k 8 20 5 0.4 2.4
326k-350k 22 42 5 0.3 3.1
351k-375k 21 49 12 0.4 2.6
376k-400k 22 79 17 0.6 1.7
401k-425k 16 61 10 0.6 1.6
426k-450k 36 81 23 0.4 2.7
451k-475k 27 56 13 0.3 2.9
476k-500k 36 62 12 0.3 3.5
501k-550k 43 90 17 0.3 2.9
551k-600k 37 61 14 0.3 3.6
601k-650k 25 48 8 0.3 3.1
651k-700k 19 31 5 0.3 3.7
701k-750k 5 6 0.2 5
751k-800k 7 8 3 0.2 5.3
801k-850k 7 8 1 0.2 5.3
851k-900k 10 7 5 0.1 8.6
901k-950k 2 4 0.3 3
951k-1m 2 3 2 0.3 4
1m-1.1m 3 4 4 0.2 4.5
1.1m-1.2m 6 1 0 36
1.2m-1.3m 3 0
1.3m-1.4m 2 3 1 0.3 4
1.5m-1.6m 1 2 1 0.3 3
1.7m-1.8m 1 0
1.9m-2m 2 0
2m-2.25m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 1 0.2 6
7.01m-8m 1 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
226k-250k 1 0.2 0
251k-275k 1 0
276k-300k 1 2 2 0.3 3
301k-325k 2 4 3 0.3 3
326k-350k 5 4 0.1 7.5
351k-375k 4 5 1 0.2 4.8
376k-400k 5 12 5 0.4 2.5
401k-425k 2 2 2 0.2 6
426k-450k 8 6 1 0.1 8
451k-475k 2 0
476k-500k 3 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 1 1 0.2 6
151k-175k 5 0
176k-200k 1 1 0.2 6
201k-225k 1 2 0.3 3
226k-250k 1 1 0.2 6
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
-24,000-0 1 0
1k-25k 2 0
26k-50k 5 6 1 0.2 5
51k-75k 4 4 1 0.2 6
76k-100k 7 1 0 42
101k-125k 4 1 0 24
126k-150k 9 8 3 0.1 6.8
151k-175k 1 8 2 1.3 0.8
176k-200k 7 1 0 42
201k-225k 1 1 1 0.2 6
226k-250k 4 1 0 24
251k-275k 2 0
276k-300k 2 2 0.2 6
301k-325k 2 0.3 0
326k-350k 3 0
351k-375k 1 0
376k-400k 3 2 0.1 9
401k-425k 3 2 0.1 9
426k-450k 1 0.2 0
451k-475k 1 0
476k-500k 1 2 1 0.3 3
501k-550k 2 0
551k-600k 2 1 1 0.1 12
601k-650k 2 2 1 0.2 6
651k-700k 4 0
701k-750k 2 2 0.2 6
751k-800k 1 0.2 0
801k-850k 1 0
901k-950k 2 0
1m-1.1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.8m-1.9m 1 0
2.25m-2.5m 1 0
4m-4.5m 2 0
4.5m-5m 1 0
13.01m-14m 1 0