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May D.C. Absorption Rates

By Shari Walker

Real Estate Agent with Keller Williams

June 04, 2008 05:16 AM

		DISTRICT OF COLUMBIA ABSORPTION RATE
		SINGLE FAMILY HOMES
		AS OF
				AVG	AVG
PRICE RANGE	TOTAL	TOTAL CLOSED	ABSORPTION	DOMP	DOMP
	ACTIVES		RATE	SOLD	ACTIVE

0 - 149,999	27	16 (3.2/month)	27/3.2= 8.44 months	71	744
150,000 - 199,999	83	23 (4.6/month)	83/4.6= 18.04 months	107	121
200,000 - 299,999	330	140 (28/month)	330/28= 11.79 months	112	140
300,000 - 399,999	395	175 (35/month)	395/35= 11.29 months	104	125
400,000 - 499,999	287	109 (21.8/month)	287/21.8= 13.17 months	111	138
500,000 - 599,999	162	90 (18/month)	162/18= 9 months	111	138
600,000 - 699,999	87	89 (17.8/month)	87/17.8= 4.89 months	55	97
700,000 - 799,999	72	82 (16.4/month)	72/16.4= 4.39 months	66	93
800,000 - 899,999	63	68 (13.6/month)	63/13.6= 4.63 months	52	99
900,000 - 999,999	38	37 (7.4/month)	38/7.4= 5.14 months	92	108
1,000,000 - 2,000,000	135	116 (23.2/month)	135/23.2= 5.82 months	75	111
2,000,000 - 3,000,000	45	19 (3.8/month)	45/3.8= 11.84 months	120	128
3,000,000 + 4,000,000	12	7 (1.4/month)	12/1.4= 8.57 months	145	173
4,000,000+	23	4 (.8/month)	23/.8= 28.75 months	396	201
ALL DC SF HOMES	1,759	975 (195/month)	1759/195= 9.02 months	90	125



		DISTRICT OF COLUMBIA ABSORPTION RATE
		CONDOS & COOPS
		AS OF
				AVG	AVG
PRICE RANGE	TOTAL	TOTAL CLOSED	ABSORPTION	DOMP	DOMP
	ACTIVES		RATE	SOLD	ACTIVE

0 - 149,999	83	26 (5.2/month)	83/5.2= 15.96 months	91	123
150,000 - 199,999	206	72 (14.4/month)	206/14.4= 14.31 months	107	151
200,000 - 299,999	351	216 (43.2/month)	351/43.2= 8.13 months	80	116
300,000 - 399,999	313	227 (45.4/month)	313/45.4= 6.89 months	68	90
400,000 - 499,999	228	148 (29.6/month)	228/29.6= 7.73 months	97	86
500,000 - 599,999	128	98 (19.6/month)	128/19.6= 6.53 months	91	78
600,000 - 699,999	72	52 (10.4/month)	72/10.4= 6.92 months	92	71
700,000 - 799,999	54	27 (5.4/month)	54/5.4= 10 months	81	99
800,000 - 899,999	29	12 (2.4/month)	29/2.4= 12.08 months	104	89
900,000 - 999,999	22	5 (1/month)	22/1= 22 months	129	80
1,000,000 - 2,000,000	50	18 (3.6/month)	50/3.6= 13.89 months	87	119
2,000,000 - 3,000,000	11	2 (.4/month)	11/.4= 27.5 months	83	210
3,000,000 + 4,000,000	2	0	cannot compute yet	n/a	54
4,000,000+	2	0	cannot compute yet	n/a	233
ALL DC C & Cs	1,551	903 (180.6/month)	1551/180.6= 8.59 months	85	105


	NOTE: an absorption rate of 6 months is considered "balanced."
Source: MRIS.

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Richard Dolbeare

Inactive - Wailuku, HI

Living the Hawaii Lifestyle

Hi Shara,

I see you tally absorption rates as I do. It's interesting that you do it by price range. Here on Kauai I do it by location as we have 5 distinct regions, all very different. Your post has motivated me to look at it by price range as well. Thanks for sharing!

Jun 04, 2008 06:15 AM

May D.C. Absorption Rates

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Shari Walker

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