Absorption Report

Cochise County

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 8% 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
26k-50k 1 4 1 0.7 1.5
51k-75k 6 1 0 36
76k-100k 3 4 0.2 4.5
101k-125k 1 11 1 1.8 0.5
126k-150k 9 20 4 0.4 2.7
151k-175k 9 29 5 0.5 1.9
176k-200k 17 32 6 0.3 3.2
201k-225k 12 25 7 0.3 2.9
226k-250k 28 56 4 0.3 3
251k-275k 26 50 6 0.3 3.1
276k-300k 22 58 14 0.4 2.3
301k-325k 22 40 5 0.3 3.3
326k-350k 27 38 5 0.2 4.3
351k-375k 15 39 5 0.4 2.3
376k-400k 20 31 2 0.3 3.9
401k-425k 17 18 3 0.2 5.7
426k-450k 12 25 3 0.3 2.9
451k-475k 11 12 3 0.2 5.5
476k-500k 11 12 3 0.2 5.5
501k-550k 21 15 2 0.1 8.4
551k-600k 12 7 2 0.1 10.3
601k-650k 10 9 2 0.2 6.7
651k-700k 5 3 0.1 10
701k-750k 7 4 0.1 10.5
751k-800k 1 4 1 0.7 1.5
801k-850k 1 1 0.2 6
851k-900k 3 2 2 0.1 9
901k-950k 1 0.2 0
951k-1m 1 0
1m-1.1m 1 0.2 0
1.1m-1.2m 2 0
1.2m-1.3m 1 2 0.3 3
1.5m-1.6m 2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 1 0
2m-2.25m 1 0
2.75m-3m 1 0

Townhouses 0% 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
101k-125k 1 1 0.2 6
126k-150k 1 0
176k-200k 1 0.2 0
201k-225k 4 4 0.2 6
226k-250k 1 5 1 0.8 1.2
251k-275k 2 0.3 0
276k-300k 1 0

Condos 0% 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
101k-125k 1 0.2 0
126k-150k 1 0
151k-175k 1 0
301k-325k 1 0

Land 2% 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 122 73 11 0.1 10
26k-50k 135 46 9 0.1 17.6
51k-75k 116 16 3 0 43.5
76k-100k 51 7 0 43.7
101k-125k 22 4 1 0 33
126k-150k 22 1 0 132
151k-175k 12 3 1 0 24
176k-200k 14 0
201k-225k 3 3 0.2 6
226k-250k 4 0
251k-275k 5 1 1 0 30
276k-300k 6 1 0 36
326k-350k 4 0
351k-375k 3 0
376k-400k 4 0
401k-425k 1 0
426k-450k 2 1 1 0.1 12
451k-475k 1 0
476k-500k 3 0
501k-550k 2 0
551k-600k 1 0
601k-650k 1 0
801k-850k 3 0
851k-900k 1 0
951k-1m 2 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.9m-2m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
5.01m-6m 1 0