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 9 6 1.5 0.7
176k-200k 2 16 4 1.3 0.8
201k-225k 1 22 5 3.7 0.3
226k-250k 22 30 3 0.2 4.4
251k-275k 25 55 13 0.4 2.7
276k-300k 52 82 9 0.3 3.8
301k-325k 55 93 19 0.3 3.5
326k-350k 61 152 17 0.4 2.4
351k-375k 64 168 24 0.4 2.3
376k-400k 81 186 23 0.4 2.6
401k-425k 74 172 18 0.4 2.6
426k-450k 85 180 17 0.4 2.8
451k-475k 58 157 25 0.5 2.2
476k-500k 101 184 21 0.3 3.3
501k-550k 132 278 43 0.4 2.8
551k-600k 135 210 29 0.3 3.9
601k-650k 85 207 20 0.4 2.5
651k-700k 81 150 11 0.3 3.2
701k-750k 89 129 12 0.2 4.1
751k-800k 62 97 17 0.3 3.8
801k-850k 49 87 14 0.3 3.4
851k-900k 50 75 12 0.3 4
901k-950k 43 47 3 0.2 5.5
951k-1m 45 50 8 0.2 5.4
1m-1.1m 35 54 5 0.3 3.9
1.1m-1.2m 45 40 5 0.1 6.8
1.2m-1.3m 32 33 6 0.2 5.8
1.3m-1.4m 26 44 6 0.3 3.5
1.4m-1.5m 25 27 6 0.2 5.6
1.5m-1.6m 13 30 4 0.4 2.6
1.6m-1.7m 15 14 2 0.2 6.4
1.7m-1.8m 11 17 0.3 3.9
1.8m-1.9m 14 21 2 0.3 4
1.9m-2m 19 9 1 0.1 12.7
2m-2.25m 15 31 1 0.3 2.9
2.25m-2.5m 11 16 2 0.2 4.1
2.5m-2.75m 4 17 3 0.7 1.4
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 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 3 0