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 5 1.7 0.6
176k-200k 3 14 2 0.8 1.3
201k-225k 1 23 4 3.8 0.3
226k-250k 20 30 4 0.3 4
251k-275k 28 52 7 0.3 3.2
276k-300k 48 73 13 0.3 3.9
301k-325k 48 88 12 0.3 3.3
326k-350k 55 137 21 0.4 2.4
351k-375k 66 163 19 0.4 2.4
376k-400k 76 180 26 0.4 2.5
401k-425k 68 162 20 0.4 2.5
426k-450k 75 156 15 0.3 2.9
451k-475k 58 155 35 0.4 2.2
476k-500k 85 164 19 0.3 3.1
501k-550k 128 271 49 0.4 2.8
551k-600k 132 203 30 0.3 3.9
601k-650k 85 197 30 0.4 2.6
651k-700k 78 138 15 0.3 3.4
701k-750k 88 119 19 0.2 4.4
751k-800k 52 92 7 0.3 3.4
801k-850k 40 89 20 0.4 2.7
851k-900k 54 74 7 0.2 4.4
901k-950k 37 50 9 0.2 4.4
951k-1m 39 51 12 0.2 4.6
1m-1.1m 31 51 5 0.3 3.6
1.1m-1.2m 50 38 8 0.1 7.9
1.2m-1.3m 28 36 6 0.2 4.7
1.3m-1.4m 27 38 2 0.2 4.3
1.4m-1.5m 22 27 7 0.2 4.9
1.5m-1.6m 13 27 2 0.3 2.9
1.6m-1.7m 16 10 2 0.1 9.6
1.7m-1.8m 12 18 4 0.3 4
1.8m-1.9m 9 18 2 0.3 3
1.9m-2m 16 8 3 0.1 12
2m-2.25m 19 24 2 0.2 4.8
2.25m-2.5m 13 16 3 0.2 4.9
2.5m-2.75m 4 14 3 0.6 1.7
2.75m-3m 15 3 0 30
3m-3.5m 18 17 2 0.2 6.4
3.5m-4m 12 12 2 0.2 6
4m-4.5m 6 2 0.1 18
4.5m-5m 8 3 0.1 16
5.01m-6m 11 6 2 0.1 11
6.01m-7m 4 2 0.1 12
8.01m-9m 1 1 0.2 6
9.01m-10m 2 0
10.01m-11m 1 0.2 0
11.01m-12m 3 0
12.01m-13m 1 1 0.2 6
14.01m-15m 2 0