Absorption Report

Dalton, Percheron


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

Condos 20% 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 5 0
26k-50k 1 0
101k-125k 1 1 0.2 6
126k-150k 8 7 2 0.1 6.9
151k-175k 8 16 6 0.3 3
176k-200k 23 31 12 0.2 4.5
201k-225k 31 57 5 0.3 3.3
226k-250k 43 56 14 0.2 4.6
251k-275k 35 43 10 0.2 4.9
276k-300k 52 47 7 0.2 6.6
301k-325k 45 50 9 0.2 5.4
326k-350k 41 54 11 0.2 4.6
351k-375k 25 42 6 0.3 3.6
376k-400k 41 36 7 0.1 6.8
401k-425k 22 28 4 0.2 4.7
426k-450k 12 21 2 0.3 3.4
451k-475k 10 17 2 0.3 3.5
476k-500k 20 25 7 0.2 4.8
501k-550k 33 35 4 0.2 5.7
551k-600k 21 22 2 0.2 5.7
601k-650k 12 16 1 0.2 4.5
651k-700k 16 12 0.1 8
701k-750k 12 14 0.2 5.1
751k-800k 6 11 1 0.3 3.3
801k-850k 6 7 1 0.2 5.1
851k-900k 5 4 1 0.1 7.5
901k-950k 5 2 0.1 15
951k-1m 5 2 1 0.1 15
1m-1.1m 5 0.8 0
1.1m-1.2m 10 2 1 0 30
1.2m-1.3m 7 5 1 0.1 8.4
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 4 0.7 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 4 0
1.8m-1.9m 2 0
1.9m-2m 3 1 0.1 18
2m-2.25m 5 5 0.2 6
2.25m-2.5m 4 2 0.1 12
2.5m-2.75m 1 0
2.75m-3m 1 1 0.2 6
4m-4.5m 1 0
4.5m-5m 1 0
13.01m-14m 1 0