Absorption Report

Orange School District, 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 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 0.2 0
101k-125k 1 0.2 0
126k-150k 2 0
151k-175k 1 10 1 1.7 0.6
176k-200k 3 16 4 0.9 1.1
201k-225k 3 23 6 1.3 0.8
226k-250k 23 27 3 0.2 5.1
251k-275k 27 50 7 0.3 3.2
276k-300k 47 78 15 0.3 3.6
301k-325k 38 91 15 0.4 2.5
326k-350k 60 142 23 0.4 2.5
351k-375k 74 156 20 0.4 2.8
376k-400k 88 171 27 0.3 3.1
401k-425k 56 162 23 0.5 2.1
426k-450k 84 151 19 0.3 3.3
451k-475k 64 148 18 0.4 2.6
476k-500k 77 158 19 0.3 2.9
501k-550k 141 272 49 0.3 3.1
551k-600k 131 200 32 0.3 3.9
601k-650k 94 185 23 0.3 3
651k-700k 78 122 14 0.3 3.8
701k-750k 83 117 17 0.2 4.3
751k-800k 52 82 9 0.3 3.8
801k-850k 49 83 20 0.3 3.5
851k-900k 51 72 7 0.2 4.3
901k-950k 30 49 9 0.3 3.7
951k-1m 40 44 6 0.2 5.5
1m-1.1m 28 47 6 0.3 3.6
1.1m-1.2m 50 37 7 0.1 8.1
1.2m-1.3m 34 35 5 0.2 5.8
1.3m-1.4m 24 36 2 0.3 4
1.4m-1.5m 23 25 4 0.2 5.5
1.5m-1.6m 9 26 2 0.5 2.1
1.6m-1.7m 14 10 2 0.1 8.4
1.7m-1.8m 13 16 1 0.2 4.9
1.8m-1.9m 16 16 2 0.2 6
1.9m-2m 17 7 2 0.1 14.6
2m-2.25m 18 20 2 0.2 5.4
2.25m-2.5m 13 13 1 0.2 6
2.5m-2.75m 4 13 1 0.5 1.8
2.75m-3m 11 6 3 0.1 11
3m-3.5m 16 16 4 0.2 6
3.5m-4m 12 11 2 0.2 6.5
4m-4.5m 6 2 0.1 18
4.5m-5m 8 2 0 24
5.01m-6m 8 7 2 0.1 6.9
6.01m-7m 4 1 0 24
8.01m-9m 2 0
9.01m-10m 3 0
10.01m-11m 1 0.2 0
11.01m-12m 4 0
12.01m-13m 1 1 0.2 6
14.01m-15m 1 0