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 1 0.2 0
126k-150k 2 0
151k-175k 1 5 2 0.8 1.2
176k-200k 3 17 4 0.9 1.1
201k-225k 1 22 6 3.7 0.3
226k-250k 18 29 3 0.3 3.7
251k-275k 29 60 13 0.3 2.9
276k-300k 52 81 11 0.3 3.9
301k-325k 58 90 17 0.3 3.9
326k-350k 62 158 17 0.4 2.4
351k-375k 66 170 25 0.4 2.3
376k-400k 73 191 26 0.4 2.3
401k-425k 73 174 24 0.4 2.5
426k-450k 84 182 24 0.4 2.8
451k-475k 53 150 21 0.5 2.1
476k-500k 110 189 24 0.3 3.5
501k-550k 138 282 47 0.3 2.9
551k-600k 139 211 35 0.3 4
601k-650k 93 209 23 0.4 2.7
651k-700k 88 156 16 0.3 3.4
701k-750k 88 129 13 0.2 4.1
751k-800k 65 102 19 0.3 3.8
801k-850k 54 90 12 0.3 3.6
851k-900k 51 76 11 0.2 4
901k-950k 45 47 3 0.2 5.7
951k-1m 48 48 6 0.2 6
1m-1.1m 34 59 5 0.3 3.5
1.1m-1.2m 47 42 5 0.1 6.7
1.2m-1.3m 31 37 7 0.2 5
1.3m-1.4m 25 43 6 0.3 3.5
1.4m-1.5m 24 27 6 0.2 5.3
1.5m-1.6m 13 30 7 0.4 2.6
1.6m-1.7m 16 13 1 0.1 7.4
1.7m-1.8m 11 18 0.3 3.7
1.8m-1.9m 15 21 4 0.2 4.3
1.9m-2m 19 8 0.1 14.3
2m-2.25m 18 31 1 0.3 3.5
2.25m-2.5m 10 16 2 0.3 3.8
2.5m-2.75m 5 15 1 0.5 2
2.75m-3m 16 5 1 0.1 19.2
3m-3.5m 20 17 1 0.1 7.1
3.5m-4m 9 11 1 0.2 4.9
4m-4.5m 9 3 0.1 18
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