Absorption Report

Dallas, Active Adult Community


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 25% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
1k-25k 16 1 0 96
26k-50k 2 2 0.2 6
51k-75k 1 4 0.7 1.5
76k-100k 2 6 0.5 2
101k-125k 3 11 4 0.6 1.6
126k-150k 2 19 1.6 0.6
151k-175k 9 32 4 0.6 1.7
176k-200k 22 40 9 0.3 3.3
201k-225k 26 34 3 0.2 4.6
226k-250k 35 37 6 0.2 5.7
251k-275k 29 34 9 0.2 5.1
276k-300k 45 53 7 0.2 5.1
301k-325k 27 26 3 0.2 6.2
326k-350k 41 45 8 0.2 5.5
351k-375k 36 31 5 0.1 7
376k-400k 34 48 7 0.2 4.3
401k-425k 17 35 4 0.3 2.9
426k-450k 30 24 5 0.1 7.5
451k-475k 16 29 8 0.3 3.3
476k-500k 36 25 9 0.1 8.6
501k-550k 30 45 6 0.3 4
551k-600k 33 29 6 0.1 6.8
601k-650k 31 38 10 0.2 4.9
651k-700k 15 47 10 0.5 1.9
701k-750k 16 48 7 0.5 2
751k-800k 12 22 3 0.3 3.3
801k-850k 12 26 3 0.4 2.8
851k-900k 14 24 3 0.3 3.5
901k-950k 9 25 4 0.5 2.2
951k-1m 3 17 6 0.9 1.1
1m-1.1m 12 22 4 0.3 3.3
1.1m-1.2m 25 39 9 0.3 3.8
1.2m-1.3m 16 22 2 0.2 4.4
1.3m-1.4m 12 16 4 0.2 4.5
1.4m-1.5m 10 21 3 0.4 2.9
1.5m-1.6m 7 13 4 0.3 3.2
1.6m-1.7m 5 13 3 0.4 2.3
1.7m-1.8m 5 10 1 0.3 3
1.8m-1.9m 6 10 2 0.3 3.6
1.9m-2m 2 5 0.4 2.4
2m-2.25m 5 15 3 0.5 2
2.25m-2.5m 13 18 4 0.2 4.3
2.5m-2.75m 12 10 0.1 7.2
2.75m-3m 12 9 1 0.1 8
3m-3.5m 15 6 2 0.1 15
3.5m-4m 14 7 1 0.1 12
4m-4.5m 6 3 1 0.1 12
4.5m-5m 8 4 0.1 12
5.01m-6m 6 2 1 0.1 18
6.01m-7m 8 1 0 48
7.01m-8m 4 2 0.1 12
8.01m-9m 1 0
9.01m-10m 1 2 1 0.3 3
11.01m-12m 1 0
12.01m-13m 1 1 0.2 6
14.01m-15m 1 0
34.01m-35m 1 1 0.2 0