Absorption Report

Orange School District, Townhouse

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

Townhouses 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
151k-175k 1 1 0.2 6
176k-200k 1 1 0.2 6
201k-225k 3 8 2 0.4 2.3
226k-250k 4 14 3 0.6 1.7
251k-275k 5 9 1 0.3 3.3
276k-300k 14 35 4 0.4 2.4
301k-325k 15 37 3 0.4 2.4
326k-350k 18 33 8 0.3 3.3
351k-375k 30 50 8 0.3 3.6
376k-400k 29 43 10 0.2 4
401k-425k 32 45 7 0.2 4.3
426k-450k 34 51 7 0.3 4
451k-475k 20 28 5 0.2 4.3
476k-500k 17 20 1 0.2 5.1
501k-550k 14 21 2 0.3 4
551k-600k 15 21 6 0.2 4.3
601k-650k 9 10 0.2 5.4
651k-700k 9 7 0.1 7.7
701k-750k 4 5 0.2 4.8
751k-800k 3 1 0.1 18
801k-850k 4 1 0.7 0
851k-900k 10 1 0 60
901k-950k 4 0.7 0
951k-1m 1 0
1m-1.1m 1 1 0.2 0
1.1m-1.2m 2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 1 1 0.2 6