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 6 3 1 1
176k-200k 2 17 4 1.4 0.7
201k-225k 1 22 5 3.7 0.3
226k-250k 20 29 3 0.2 4.1
251k-275k 26 57 14 0.4 2.7
276k-300k 47 81 9 0.3 3.5
301k-325k 58 91 17 0.3 3.8
326k-350k 60 153 18 0.4 2.4
351k-375k 66 173 27 0.4 2.3
376k-400k 77 189 25 0.4 2.4
401k-425k 77 173 22 0.4 2.7
426k-450k 84 182 21 0.4 2.8
451k-475k 54 150 20 0.5 2.2
476k-500k 109 186 23 0.3 3.5
501k-550k 134 283 49 0.4 2.8
551k-600k 136 211 33 0.3 3.9
601k-650k 87 208 23 0.4 2.5
651k-700k 87 153 13 0.3 3.4
701k-750k 88 128 10 0.2 4.1
751k-800k 62 100 18 0.3 3.7
801k-850k 53 90 12 0.3 3.5
851k-900k 50 74 11 0.2 4.1
901k-950k 43 49 4 0.2 5.3
951k-1m 47 48 6 0.2 5.9
1m-1.1m 36 59 5 0.3 3.7
1.1m-1.2m 45 41 5 0.2 6.6
1.2m-1.3m 31 36 6 0.2 5.2
1.3m-1.4m 25 44 8 0.3 3.4
1.4m-1.5m 25 27 7 0.2 5.6
1.5m-1.6m 14 30 6 0.4 2.8
1.6m-1.7m 15 14 2 0.2 6.4
1.7m-1.8m 11 18 0.3 3.7
1.8m-1.9m 14 21 4 0.3 4
1.9m-2m 18 9 1 0.1 12
2m-2.25m 18 31 1 0.3 3.5
2.25m-2.5m 10 17 3 0.3 3.5
2.5m-2.75m 4 15 1 0.6 1.6
2.75m-3m 16 5 1 0.1 19.2
3m-3.5m 20 17 1 0.1 7.1
3.5m-4m 8 11 1 0.2 4.4
4m-4.5m 8 3 0.1 16
4.5m-5m 8 3 0.1 16
5.01m-6m 11 5 1 0.1 13.2
6.01m-7m 3 2 0.1 9
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