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 1 1.7 0.6
176k-200k 2 14 2 1.2 0.9
201k-225k 2 23 4 1.9 0.5
226k-250k 20 30 3 0.3 4
251k-275k 27 53 8 0.3 3.1
276k-300k 45 75 13 0.3 3.6
301k-325k 47 89 11 0.3 3.2
326k-350k 53 138 18 0.4 2.3
351k-375k 68 159 19 0.4 2.6
376k-400k 79 176 27 0.4 2.7
401k-425k 67 162 21 0.4 2.5
426k-450k 82 150 13 0.3 3.3
451k-475k 60 152 27 0.4 2.4
476k-500k 79 163 21 0.3 2.9
501k-550k 135 273 49 0.3 3
551k-600k 128 197 32 0.3 3.9
601k-650k 86 191 30 0.4 2.7
651k-700k 73 132 16 0.3 3.3
701k-750k 82 117 16 0.2 4.2
751k-800k 49 90 8 0.3 3.3
801k-850k 42 85 21 0.3 3
851k-900k 52 73 7 0.2 4.3
901k-950k 37 52 11 0.2 4.3
951k-1m 37 50 10 0.2 4.4
1m-1.1m 31 49 5 0.3 3.8
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 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 16 4 0.2 4.5
1.8m-1.9m 9 16 2 0.3 3.4
1.9m-2m 16 8 2 0.1 12
2m-2.25m 19 25 2 0.2 4.6
2.25m-2.5m 13 14 2 0.2 5.6
2.5m-2.75m 4 14 3 0.6 1.7
2.75m-3m 14 4 1 0 21
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