Absorption Report

Waleska, 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 28% 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 8 0
26k-50k 1 0
126k-150k 1 0.2 0
151k-175k 1 0.2 0
176k-200k 1 1 0.2 6
201k-225k 1 0.2 0
226k-250k 1 0.2 0
251k-275k 1 0
276k-300k 1 1 0.2 0
301k-325k 1 0.2 0
351k-375k 2 0.3 0
376k-400k 3 3 0.2 6
401k-425k 3 1 0.5 0
426k-450k 1 1 0.2 6
451k-475k 3 2 1 0.1 9
476k-500k 4 0
501k-550k 3 12 3 0.7 1.5
551k-600k 5 6 1 0.2 5
601k-650k 10 21 5 0.4 2.9
651k-700k 7 24 7 0.6 1.8
701k-750k 11 25 3 0.4 2.6
751k-800k 8 19 5 0.4 2.5
801k-850k 8 15 1 0.3 3.2
851k-900k 10 13 3 0.2 4.6
901k-950k 5 12 3 0.4 2.5
951k-1m 2 21 3 1.8 0.6
1m-1.1m 8 23 5 0.5 2.1
1.1m-1.2m 13 14 4 0.2 5.6
1.2m-1.3m 8 18 3 0.4 2.7
1.3m-1.4m 12 12 2 0.2 6
1.4m-1.5m 11 19 3 0.3 3.5
1.5m-1.6m 7 13 2 0.3 3.2
1.6m-1.7m 3 12 3 0.7 1.5
1.7m-1.8m 8 10 1 0.2 4.8
1.8m-1.9m 3 9 2 0.5 2
1.9m-2m 8 7 4 0.1 6.9
2m-2.25m 5 17 3 0.6 1.8
2.25m-2.5m 12 20 2 0.3 3.6
2.5m-2.75m 12 13 3 0.2 5.5
2.75m-3m 13 10 3 0.1 7.8
3m-3.5m 16 6 1 0.1 16
3.5m-4m 13 8 0.1 9.8
4m-4.5m 11 2 1 0 33
4.5m-5m 9 6 1 0.1 9
5.01m-6m 12 1 0 72
6.01m-7m 8 2 0 24
7.01m-8m 5 2 1 0.1 15
8.01m-9m 1 0
9.01m-10m 2 1 0.1 12
11.01m-12m 1 0
12.01m-13m 1 1 0.2 6
34.01m-35m 1 0

Townhouses 27% 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 3 0
176k-200k 1 0.2 0
226k-250k 1 0.2 0
251k-275k 3 0.5 0
276k-300k 2 4 0.3 3
301k-325k 4 5 0.2 4.8
326k-350k 4 3 0.1 8
351k-375k 10 16 3 0.3 3.8
376k-400k 8 17 3 0.4 2.8
401k-425k 3 3 0.2 6
426k-450k 3 8 1 0.4 2.3
451k-475k 3 16 1 0.9 1.1
476k-500k 9 14 1 0.3 3.9
501k-550k 9 21 1 0.4 2.6
551k-600k 4 20 5 0.8 1.2
601k-650k 7 9 2 0.2 4.7
651k-700k 8 16 4 0.3 3
701k-750k 10 9 2 0.2 6.7
751k-800k 10 9 1 0.2 6.7
801k-850k 4 2 0.1 12
851k-900k 5 3 2 0.1 10
901k-950k 2 4 1 0.3 3
951k-1m 4 1 0 24
1m-1.1m 2 0
1.1m-1.2m 2 2 1 0.2 6
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 2 4 2 0.3 3
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 1 1 0.2 6
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 0.2 6
3m-3.5m 1 1 0.2 0
3.5m-4m 1 0.2 0

Condos 17% 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 6 0
126k-150k 3 1 0.5 0
151k-175k 4 7 2 0.3 3.4
176k-200k 12 25 9 0.3 2.9
201k-225k 16 25 5 0.3 3.8
226k-250k 13 33 4 0.4 2.4
251k-275k 34 26 4 0.1 7.8
276k-300k 32 37 5 0.2 5.2
301k-325k 28 31 5 0.2 5.4
326k-350k 23 30 4 0.2 4.6
351k-375k 19 15 2 0.1 7.6
376k-400k 22 14 2 0.1 9.4
401k-425k 17 17 1 0.2 6
426k-450k 15 14 5 0.2 6.4
451k-475k 3 10 0.6 1.8
476k-500k 9 12 4 0.2 4.5
501k-550k 16 8 2 0.1 12
551k-600k 10 13 2 0.2 4.6
601k-650k 6 5 0.1 7.2
651k-700k 8 4 0.1 12
701k-750k 9 11 2 0.2 4.9
751k-800k 4 4 0.2 6
801k-850k 4 5 1 0.2 4.8
851k-900k 4 1 0 24
901k-950k 3 2 0.1 9
951k-1m 5 2 1 0.1 15
1m-1.1m 1 5 0.8 1.2
1.1m-1.2m 8 5 1 0.1 9.6
1.2m-1.3m 3 5 1 0.3 3.6
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 7 1 0 42
1.5m-1.6m 2 3 0.3 4
1.6m-1.7m 2 2 0.2 6
1.7m-1.8m 1 0.2 0
1.9m-2m 2 1 0.1 12
2m-2.25m 4 2 0.1 12
2.25m-2.5m 3 1 0.1 18
2.5m-2.75m 1 0
2.75m-3m 3 0
3m-3.5m 1 1 0.2 6
3.5m-4m 1 1 0.2 6
4m-4.5m 1 0
4.5m-5m 4 0
5.01m-6m 1 0
10.01m-11m 1 0
13.01m-14m 1 0

Land 28% 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
76k-100k 1 0
126k-150k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 1 0.2 0
301k-325k 1 0
476k-500k 1 0
501k-550k 1 0.2 0
551k-600k 1 0
601k-650k 1 1 0.2 0
651k-700k 2 0.3 0
701k-750k 1 2 2 0.3 3
801k-850k 4 1 0 24
951k-1m 1 1 0.2 0
1m-1.1m 1 0.2 0
1.1m-1.2m 2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.5m-1.6m 1 1 0.2 0
1.6m-1.7m 2 0.3 0
2.5m-2.75m 1 0.2 0
2.75m-3m 1 0.2 0
3.5m-4m 1 0
5.01m-6m 1 0
6.01m-7m 1 0
14.01m-15m 1 0