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 3 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 46 74 14 0.3 3.7
301k-325k 48 90 13 0.3 3.2
326k-350k 56 137 21 0.4 2.5
351k-375k 67 161 16 0.4 2.5
376k-400k 77 177 27 0.4 2.6
401k-425k 69 161 20 0.4 2.6
426k-450k 75 154 14 0.3 2.9
451k-475k 58 150 34 0.4 2.3
476k-500k 81 166 21 0.3 2.9
501k-550k 131 271 49 0.3 2.9
551k-600k 129 198 31 0.3 3.9
601k-650k 85 196 29 0.4 2.6
651k-700k 72 136 16 0.3 3.2
701k-750k 85 119 20 0.2 4.3
751k-800k 50 89 7 0.3 3.4
801k-850k 41 87 20 0.4 2.8
851k-900k 52 73 7 0.2 4.3
901k-950k 38 53 12 0.2 4.3
951k-1m 38 51 13 0.2 4.5
1m-1.1m 31 50 4 0.3 3.7
1.1m-1.2m 50 37 7 0.1 8.1
1.2m-1.3m 28 35 6 0.2 4.8
1.3m-1.4m 26 37 2 0.2 4.2
1.4m-1.5m 22 28 7 0.2 4.7
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 17 4 0.2 4.2
1.8m-1.9m 9 18 2 0.3 3
1.9m-2m 15 8 2 0.1 11.3
2m-2.25m 19 24 2 0.2 4.8
2.25m-2.5m 13 15 2 0.2 5.2
2.5m-2.75m 4 14 3 0.6 1.7
2.75m-3m 14 3 0 28
3m-3.5m 17 16 2 0.2 6.4
3.5m-4m 12 11 2 0.2 6.5
4m-4.5m 6 2 0.1 18
4.5m-5m 9 2 0 27
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 3 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