Absorption Report

Apopka, FL

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 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
26k-50k 1 0
76k-100k 1 0.2 0
101k-125k 2 0.3 0
126k-150k 3 0
151k-175k 1 3 0.5 2
176k-200k 1 6 3 1 1
201k-225k 2 9 2 0.8 1.3
226k-250k 2 7 0.6 1.7
251k-275k 6 22 7 0.6 1.6
276k-300k 6 18 5 0.5 2
301k-325k 12 28 7 0.4 2.6
326k-350k 8 35 5 0.7 1.4
351k-375k 10 58 9 1 1
376k-400k 30 64 10 0.4 2.8
401k-425k 23 61 12 0.4 2.3
426k-450k 40 67 12 0.3 3.6
451k-475k 31 56 9 0.3 3.3
476k-500k 44 62 13 0.2 4.3
501k-550k 39 72 8 0.3 3.3
551k-600k 32 38 9 0.2 5.1
601k-650k 22 33 4 0.3 4
651k-700k 12 17 5 0.2 4.2
701k-750k 10 11 1 0.2 5.5
751k-800k 8 7 2 0.1 6.9
801k-850k 5 3 1 0.1 10
851k-900k 5 3 0.1 10
901k-950k 1 2 0.3 3
951k-1m 3 1 0.1 18
1m-1.1m 1 1 0.2 6
1.1m-1.2m 3 0
1.4m-1.5m 1 2 1 0.3 3
1.6m-1.7m 2 0
1.9m-2m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 0
3m-3.5m 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
151k-175k 1 0.2 0
176k-200k 1 1 0.2 0
201k-225k 1 0
226k-250k 1 2 0.3 3
251k-275k 2 2 0.2 6
276k-300k 2 9 1 0.8 1.3
301k-325k 4 10 2 0.4 2.4
326k-350k 49 35 6 0.1 8.4
351k-375k 25 26 5 0.2 5.8
376k-400k 16 15 5 0.2 6.4
401k-425k 4 8 1 0.3 3
501k-550k 1 0.2 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
26k-50k 1 0.2 0
151k-175k 2 0.3 0
176k-200k 2 2 0.2 6
201k-225k 5 2 0.1 15
226k-250k 4 6 2 0.3 4
251k-275k 7 4 2 0.1 10.5
276k-300k 1 1 0.2 6
301k-325k 1 0
326k-350k 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
26k-50k 3 6 0.3 3
51k-75k 5 1 1 0 30
76k-100k 4 0
101k-125k 1 0.2 0
126k-150k 2 3 1 0.3 4
151k-175k 1 2 0.3 3
176k-200k 6 2 0.1 18
201k-225k 5 1 0 30
226k-250k 6 2 0.1 18
251k-275k 2 2 0.2 6
276k-300k 4 1 0 24
301k-325k 1 0.2 0
326k-350k 5 0
351k-375k 1 0
376k-400k 2 0
401k-425k 1 0
426k-450k 3 0
451k-475k 1 0
476k-500k 2 0
501k-550k 3 1 1 0.1 18
551k-600k 1 0
601k-650k 5 1 0 30
651k-700k 1 0
701k-750k 2 0
751k-800k 1 0.2 0
901k-950k 1 0
951k-1m 3 0
1.1m-1.2m 2 0
1.2m-1.3m 3 0
1.3m-1.4m 1 0.2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.9m-2m 4 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0.2 0
2.75m-3m 2 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 1 0
9.01m-10m 1 0