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 8 5 1.3 0.8
176k-200k 2 17 4 1.4 0.7
201k-225k 1 22 5 3.7 0.3
226k-250k 19 29 3 0.3 3.9
251k-275k 26 56 14 0.4 2.8
276k-300k 50 81 9 0.3 3.7
301k-325k 58 94 19 0.3 3.7
326k-350k 60 155 17 0.4 2.3
351k-375k 66 174 27 0.4 2.3
376k-400k 77 189 22 0.4 2.4
401k-425k 77 174 22 0.4 2.7
426k-450k 85 181 19 0.4 2.8
451k-475k 55 155 23 0.5 2.1
476k-500k 104 187 23 0.3 3.3
501k-550k 134 284 49 0.4 2.8
551k-600k 136 211 33 0.3 3.9
601k-650k 86 208 21 0.4 2.5
651k-700k 81 153 12 0.3 3.2
701k-750k 89 129 10 0.2 4.1
751k-800k 60 101 19 0.3 3.6
801k-850k 52 90 12 0.3 3.5
851k-900k 49 74 10 0.3 4
901k-950k 44 49 3 0.2 5.4
951k-1m 45 49 7 0.2 5.5
1m-1.1m 36 59 5 0.3 3.7
1.1m-1.2m 45 41 5 0.2 6.6
1.2m-1.3m 31 36 6 0.2 5.2
1.3m-1.4m 26 44 8 0.3 3.5
1.4m-1.5m 25 27 6 0.2 5.6
1.5m-1.6m 13 30 5 0.4 2.6
1.6m-1.7m 15 14 2 0.2 6.4
1.7m-1.8m 11 18 0.3 3.7
1.8m-1.9m 14 21 3 0.3 4
1.9m-2m 18 9 1 0.1 12
2m-2.25m 18 32 1 0.3 3.4
2.25m-2.5m 10 17 3 0.3 3.5
2.5m-2.75m 4 15 1 0.6 1.6
2.75m-3m 16 5 1 0.1 19.2
3m-3.5m 20 17 1 0.1 7.1
3.5m-4m 8 11 1 0.2 4.4
4m-4.5m 8 3 0.1 16
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