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 4 15 3 0.6 1.6
201k-225k 4 23 5 1 1
226k-250k 21 25 1 0.2 5
251k-275k 28 53 10 0.3 3.2
276k-300k 52 77 17 0.2 4.1
301k-325k 39 94 16 0.4 2.5
326k-350k 54 137 21 0.4 2.4
351k-375k 70 157 22 0.4 2.7
376k-400k 81 178 28 0.4 2.7
401k-425k 66 163 25 0.4 2.4
426k-450k 85 148 16 0.3 3.4
451k-475k 63 150 20 0.4 2.5
476k-500k 79 159 19 0.3 3
501k-550k 130 272 52 0.3 2.9
551k-600k 128 192 28 0.3 4
601k-650k 86 188 27 0.4 2.7
651k-700k 74 125 15 0.3 3.6
701k-750k 86 119 21 0.2 4.3
751k-800k 44 84 9 0.3 3.1
801k-850k 45 83 23 0.3 3.3
851k-900k 49 75 9 0.3 3.9
901k-950k 33 50 10 0.3 4
951k-1m 36 48 9 0.2 4.5
1m-1.1m 31 48 6 0.3 3.9
1.1m-1.2m 50 36 8 0.1 8.3
1.2m-1.3m 26 36 7 0.2 4.3
1.3m-1.4m 24 36 2 0.3 4
1.4m-1.5m 24 26 7 0.2 5.5
1.5m-1.6m 11 25 1 0.4 2.6
1.6m-1.7m 13 9 2 0.1 8.7
1.7m-1.8m 13 16 2 0.2 4.9
1.8m-1.9m 12 16 3 0.2 4.5
1.9m-2m 16 7 2 0.1 13.7
2m-2.25m 18 21 2 0.2 5.1
2.25m-2.5m 14 13 2 0.2 6.5
2.5m-2.75m 5 14 0.5 2.1
2.75m-3m 11 5 2 0.1 13.2
3m-3.5m 17 15 3 0.1 6.8
3.5m-4m 13 11 2 0.1 7.1
4m-4.5m 6 2 0.1 18
4.5m-5m 8 2 0 24
5.01m-6m 8 6 1 0.1 8
6.01m-7m 4 1 0 24
8.01m-9m 2 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 1 0