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 2 1.7 0.6
176k-200k 3 14 2 0.8 1.3
201k-225k 2 23 4 1.9 0.5
226k-250k 19 30 4 0.3 3.8
251k-275k 27 52 8 0.3 3.1
276k-300k 45 74 14 0.3 3.6
301k-325k 47 90 13 0.3 3.1
326k-350k 53 137 20 0.4 2.3
351k-375k 67 162 18 0.4 2.5
376k-400k 78 177 27 0.4 2.6
401k-425k 66 163 20 0.4 2.4
426k-450k 76 153 14 0.3 3
451k-475k 59 152 30 0.4 2.3
476k-500k 79 164 21 0.3 2.9
501k-550k 135 272 50 0.3 3
551k-600k 128 199 32 0.3 3.9
601k-650k 86 195 31 0.4 2.6
651k-700k 73 133 16 0.3 3.3
701k-750k 83 118 20 0.2 4.2
751k-800k 49 91 9 0.3 3.2
801k-850k 41 86 21 0.3 2.9
851k-900k 53 73 7 0.2 4.4
901k-950k 38 53 11 0.2 4.3
951k-1m 37 50 13 0.2 4.4
1m-1.1m 31 50 4 0.3 3.7
1.1m-1.2m 51 38 8 0.1 8.1
1.2m-1.3m 28 35 6 0.2 4.8
1.3m-1.4m 27 37 2 0.2 4.4
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 25 3 0.2 4.6
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 15 2 0.1 6.8
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 0
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