Supply & Demand in Hendersonville, NC

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
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Balanced
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Buyer's
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< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 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
51k-75k 1 0.2 0
76k-100k 2 1 0.3 0
101k-125k 3 0.5 0
126k-150k 1 1 0.2 6
151k-175k 3 4 0.2 4.5
176k-200k 4 6 2 0.3 4
201k-225k 4 9 0.4 2.7
226k-250k 2 14 1.2 0.9
251k-275k 8 8 1 0.2 6
276k-300k 11 25 0.4 2.6
301k-325k 7 17 0.4 2.5
326k-350k 13 26 0.3 3
351k-375k 10 20 0.3 3
376k-400k 20 27 0.2 4.4
401k-425k 12 21 0.3 3.4
426k-450k 22 25 0.2 5.3
451k-475k 16 16 1 0.2 6
476k-500k 17 14 0.1 7.3
501k-550k 25 35 0.2 4.3
551k-600k 31 22 1 0.1 8.5
601k-650k 28 12 0.1 14
651k-700k 26 17 0.1 9.2
701k-750k 18 12 0.1 9
751k-800k 12 13 0.2 5.5
801k-850k 6 7 0.2 5.1
851k-900k 14 5 2 0.1 16.8
901k-950k 8 1 0 48
951k-1m 8 4 0.1 12
1m-1.1m 8 6 0.1 8
1.1m-1.2m 9 6 0.1 9
1.2m-1.3m 9 7 2 0.1 7.7
1.3m-1.4m 7 3 1 0.1 14
1.4m-1.5m 2 4 0.3 3
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 3 1 0.1 18
1.9m-2m 1 0.2 0
2m-2.25m 1 0
2.25m-2.5m 7 0
2.5m-2.75m 1 0
2.75m-3m 2 2 0.2 6
3m-3.5m 2 1 0.1 12
3.5m-4m 1 0
4m-4.5m 1 0
6.01m-7m 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
276k-300k 1 0
301k-325k 2 4 0.3 3
326k-350k 2 6 0.5 2
351k-375k 4 7 0.3 3.4
376k-400k 2 5 0.4 2.4
401k-425k 2 3 0.3 4
426k-450k 1 2 0.3 3
451k-475k 1 1 0.2 6
476k-500k 2 0
501k-550k 2 2 0.2 6
551k-600k 2 4 0.3 3
601k-650k 2 1 0.1 12
651k-700k 1 0.2 0
751k-800k 1 0.2 0
901k-950k 2 0
951k-1m 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
126k-150k 1 1 0.2 6
151k-175k 1 0.2 0
176k-200k 4 2 0.1 12
201k-225k 4 3 0.1 8
226k-250k 4 6 0.3 4
251k-275k 9 6 0.1 9
276k-300k 6 5 0.1 7.2
301k-325k 3 2 0.1 9
326k-350k 6 2 0.1 18
351k-375k 1 3 0.5 2
376k-400k 6 4 0.1 9
401k-425k 2 3 0.3 4
426k-450k 4 3 0.1 8
451k-475k 4 0
476k-500k 1 0
501k-550k 2 0
551k-600k 3 0
701k-750k 1 0
751k-800k 1 0
1.5m-1.6m 1 0.2 0
1.6m-1.7m 1 0
1.9m-2m 1 0
2.25m-2.5m 2 0
2.5m-2.75m 1 0
4.5m-5m 1 0

Land 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
1k-25k 20 3 0 40
26k-50k 64 11 0 34.9
51k-75k 37 19 0.1 11.7
76k-100k 24 15 0.1 9.6
101k-125k 19 3 0 38
126k-150k 15 9 3 0.1 10
151k-175k 7 5 1 0.1 8.4
176k-200k 11 1 0 66
201k-225k 8 0
226k-250k 10 3 0.1 20
251k-275k 3 0
276k-300k 7 1 0 42
301k-325k 1 1 0.2 6
326k-350k 9 2 0 27
351k-375k 3 1 0.1 18
376k-400k 7 0
401k-425k 1 1 0.2 6
426k-450k 4 1 0 24
451k-475k 2 0
476k-500k 3 1 0.1 18
501k-550k 1 0
551k-600k 4 0
601k-650k 3 0
751k-800k 2 0
801k-850k 1 0.2 0
901k-950k 1 0
951k-1m 1 0
1.2m-1.3m 2 0
1.3m-1.4m 1 0
1.5m-1.6m 1 0
1.7m-1.8m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0