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
26k-50k 1 0.2 0
76k-100k 1 0.2 0
101k-125k 1 1 0.2 0
126k-150k 2 0
151k-175k 1 5 3 0.8 1.2
176k-200k 4 17 4 0.7 1.4
201k-225k 1 22 6 3.7 0.3
226k-250k 18 29 3 0.3 3.7
251k-275k 30 60 12 0.3 3
276k-300k 51 82 11 0.3 3.7
301k-325k 58 89 16 0.3 3.9
326k-350k 62 159 18 0.4 2.3
351k-375k 67 169 25 0.4 2.4
376k-400k 73 192 27 0.4 2.3
401k-425k 73 176 26 0.4 2.5
426k-450k 82 184 25 0.4 2.7
451k-475k 52 151 23 0.5 2.1
476k-500k 109 190 26 0.3 3.4
501k-550k 140 283 48 0.3 3
551k-600k 141 213 37 0.3 4
601k-650k 92 210 23 0.4 2.6
651k-700k 89 157 18 0.3 3.4
701k-750k 90 132 14 0.2 4.1
751k-800k 66 102 21 0.3 3.9
801k-850k 54 90 13 0.3 3.6
851k-900k 51 77 11 0.3 4
901k-950k 44 48 3 0.2 5.5
951k-1m 48 49 6 0.2 5.9
1m-1.1m 35 60 5 0.3 3.5
1.1m-1.2m 47 42 5 0.1 6.7
1.2m-1.3m 30 39 8 0.2 4.6
1.3m-1.4m 26 43 6 0.3 3.6
1.4m-1.5m 23 27 6 0.2 5.1
1.5m-1.6m 14 30 7 0.4 2.8
1.6m-1.7m 16 13 1 0.1 7.4
1.7m-1.8m 11 19 0.3 3.5
1.8m-1.9m 15 21 5 0.2 4.3
1.9m-2m 20 8 0.1 15
2m-2.25m 18 31 1 0.3 3.5
2.25m-2.5m 10 16 2 0.3 3.8
2.5m-2.75m 5 15 1 0.5 2
2.75m-3m 16 6 1 0.1 16
3m-3.5m 20 17 1 0.1 7.1
3.5m-4m 9 11 1 0.2 4.9
4m-4.5m 9 3 0.1 18
4.5m-5m 8 3 0.1 16
5.01m-6m 11 5 1 0.1 13.2
6.01m-7m 4 2 0.1 12
7.01m-8m 1 0.2 0
8.01m-9m 2 1 0.1 12
9.01m-10m 2 0
10.01m-11m 2 0.3 0
11.01m-12m 3 0
12.01m-13m 1 1 0.2 6
14.01m-15m 2 0
15.01m-16m 1 0