Absorption Report

Douglas County School District, 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 23% 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
1k-25k 1 0
26k-50k 1 1 0.2 0
51k-75k 1 0.2 0
76k-100k 1 0.2 0
101k-125k 2 1 0.1 12
126k-150k 6 1 1 0
151k-175k 2 11 0.9 1.1
176k-200k 6 16 6 0.4 2.3
201k-225k 13 27 7 0.3 2.9
226k-250k 30 64 17 0.4 2.8
251k-275k 46 74 11 0.3 3.7
276k-300k 48 75 7 0.3 3.8
301k-325k 42 72 10 0.3 3.5
326k-350k 42 60 5 0.2 4.2
351k-375k 32 54 5 0.3 3.6
376k-400k 47 51 4 0.2 5.5
401k-425k 27 34 5 0.2 4.8
426k-450k 26 38 2 0.2 4.1
451k-475k 19 32 7 0.3 3.6
476k-500k 15 26 2 0.3 3.5
501k-550k 19 22 2 0.2 5.2
551k-600k 24 19 4 0.1 7.6
601k-650k 11 12 1 0.2 5.5
651k-700k 20 10 1 0.1 12
701k-750k 9 8 0.1 6.8
751k-800k 4 4 2 0.2 6
801k-850k 3 1 0.1 18
851k-900k 1 3 1 0.5 2
901k-950k 1 2 0.3 3
951k-1m 1 1 0.2 6
1m-1.1m 1 1 0.2 0
1.1m-1.2m 1 0
1.7m-1.8m 1 0
2.25m-2.5m 1 0
6.01m-7m 1 0