Absorption Report

Pinal County, 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 18% 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 1 0.2 6
26k-50k 2 0
51k-75k 1 5 0.8 1.2
76k-100k 2 4 2 0.3 3
101k-125k 4 3 1 0.1 8
126k-150k 3 6 2 0.3 3
151k-175k 6 15 1 0.4 2.4
176k-200k 14 22 5 0.3 3.8
201k-225k 27 48 14 0.3 3.4
226k-250k 51 106 16 0.3 2.9
251k-275k 74 160 25 0.4 2.8
276k-300k 138 292 43 0.4 2.8
301k-325k 203 419 54 0.3 2.9
326k-350k 262 555 93 0.4 2.8
351k-375k 245 498 78 0.3 3
376k-400k 314 471 77 0.3 4
401k-425k 211 346 56 0.3 3.7
426k-450k 239 306 55 0.2 4.7
451k-475k 141 192 44 0.2 4.4
476k-500k 110 185 31 0.3 3.6
501k-550k 154 198 33 0.2 4.7
551k-600k 101 119 29 0.2 5.1
601k-650k 70 79 11 0.2 5.3
651k-700k 57 52 12 0.2 6.6
701k-750k 53 29 5 0.1 11
751k-800k 47 42 4 0.1 6.7
801k-850k 19 17 3 0.1 6.7
851k-900k 23 15 3 0.1 9.2
901k-950k 11 18 4 0.3 3.7
951k-1m 17 11 2 0.1 9.3
1m-1.1m 15 17 4 0.2 5.3
1.1m-1.2m 12 16 2 0.2 4.5
1.2m-1.3m 14 7 4 0.1 12
1.3m-1.4m 9 3 0.1 18
1.4m-1.5m 4 1 0 24
1.5m-1.6m 4 1 0 24
1.6m-1.7m 1 0
1.7m-1.8m 8 2 1 0 24
1.8m-1.9m 5 1 0 30
1.9m-2m 5 1 0 30
2m-2.25m 6 1 0 36
2.25m-2.5m 2 1 0.1 12
2.5m-2.75m 4 1 0 24
2.75m-3m 2 0
3m-3.5m 1 1 0.2 6
3.5m-4m 2 0
8.01m-9m 1 0