Absorption Report

Decatur, Sun Valley


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 29% 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
51k-75k 2 0
101k-125k 1 1 0.2 6
126k-150k 3 0.5 0
151k-175k 3 1 0.5 0
176k-200k 2 9 4 0.8 1.3
201k-225k 1 29 3 4.8 0.2
226k-250k 15 47 7 0.5 1.9
251k-275k 28 79 11 0.5 2.1
276k-300k 31 89 17 0.5 2.1
301k-325k 36 61 16 0.3 3.5
326k-350k 37 53 7 0.2 4.2
351k-375k 37 44 9 0.2 5
376k-400k 31 41 6 0.2 4.5
401k-425k 30 20 3 0.1 9
426k-450k 20 36 10 0.3 3.3
451k-475k 13 21 3 0.3 3.7
476k-500k 10 18 5 0.3 3.3
501k-550k 20 27 4 0.2 4.4
551k-600k 14 14 3 0.2 6
601k-650k 10 13 1 0.2 4.6
651k-700k 6 11 2 0.3 3.3
701k-750k 9 3 1 0.1 18
751k-800k 3 1 0.1 18
801k-850k 1 0.2 0
851k-900k 4 2 0.1 12
901k-950k 1 1 0.2 6
1.1m-1.2m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
6.01m-7m 1 0

Townhouses 23% 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
101k-125k 1 0.2 0
151k-175k 1 4 2 0.7 1.5
201k-225k 1 1 0.2 6
226k-250k 3 0.5 0
276k-300k 2 0.3 0
301k-325k 4 16 1 0.7 1.5
326k-350k 3 5 0.3 3.6
351k-375k 3 7 0.4 2.6
376k-400k 5 0

Condos 0% 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
101k-125k 1 0.2 0
176k-200k 1 1 0.2 6
326k-350k 2 0

Land 8% 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 2 3 0.3 4
26k-50k 10 8 1 0.1 7.5
51k-75k 11 7 1 0.1 9.4
76k-100k 4 1 0 24
101k-125k 2 0.3 0
126k-150k 1 0
151k-175k 2 1 0.1 12
176k-200k 3 0
201k-225k 1 0
226k-250k 1 1 0.2 0
251k-275k 1 0
276k-300k 2 2 0.2 6
301k-325k 1 0
351k-375k 1 0
376k-400k 2 0
426k-450k 3 0
476k-500k 1 0
501k-550k 1 0.2 0
701k-750k 2 0
751k-800k 1 0
851k-900k 1 1 0.2 6
951k-1m 2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0.2 0
1.6m-1.7m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
3.5m-4m 1 0
6.01m-7m 1 0