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 3 14 2 0.8 1.3
201k-225k 2 23 4 1.9 0.5
226k-250k 21 27 3 0.2 4.7
251k-275k 27 53 8 0.3 3.1
276k-300k 47 73 15 0.3 3.9
301k-325k 45 87 11 0.3 3.1
326k-350k 53 133 19 0.4 2.4
351k-375k 69 157 21 0.4 2.6
376k-400k 77 172 26 0.4 2.7
401k-425k 68 160 22 0.4 2.6
426k-450k 82 146 13 0.3 3.4
451k-475k 57 149 27 0.4 2.3
476k-500k 78 159 21 0.3 2.9
501k-550k 132 271 50 0.3 2.9
551k-600k 128 190 31 0.2 4
601k-650k 86 188 29 0.4 2.7
651k-700k 73 126 16 0.3 3.5
701k-750k 84 115 16 0.2 4.4
751k-800k 49 86 7 0.3 3.4
801k-850k 43 80 21 0.3 3.2
851k-900k 52 74 9 0.2 4.2
901k-950k 37 51 11 0.2 4.4
951k-1m 36 50 11 0.2 4.3
1m-1.1m 32 48 5 0.3 4
1.1m-1.2m 52 36 8 0.1 8.7
1.2m-1.3m 27 35 6 0.2 4.6
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 26 2 0.3 3
1.6m-1.7m 16 9 2 0.1 10.7
1.7m-1.8m 12 16 4 0.2 4.5
1.8m-1.9m 9 15 2 0.3 3.6
1.9m-2m 16 8 2 0.1 12
2m-2.25m 19 22 2 0.2 5.2
2.25m-2.5m 14 13 2 0.2 6.5
2.5m-2.75m 3 14 3 0.8 1.3
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 1 0 24
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