Absorption Report

Auburndale, 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 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
76k-100k 1 0.2 0
101k-125k 3 0.5 0
126k-150k 3 5 1 0.3 3.6
151k-175k 12 9 1 0.1 8
176k-200k 6 14 0.4 2.6
201k-225k 6 15 2 0.4 2.4
226k-250k 16 23 4 0.2 4.2
251k-275k 15 30 8 0.3 3
276k-300k 14 32 9 0.4 2.6
301k-325k 14 57 17 0.7 1.5
326k-350k 37 70 15 0.3 3.2
351k-375k 47 79 20 0.3 3.6
376k-400k 71 114 16 0.3 3.7
401k-425k 50 80 16 0.3 3.8
426k-450k 101 98 27 0.2 6.2
451k-475k 68 85 23 0.2 4.8
476k-500k 94 98 21 0.2 5.8
501k-550k 98 157 33 0.3 3.7
551k-600k 89 96 20 0.2 5.6
601k-650k 69 100 31 0.2 4.1
651k-700k 48 78 21 0.3 3.7
701k-750k 44 56 14 0.2 4.7
751k-800k 41 53 13 0.2 4.6
801k-850k 31 36 9 0.2 5.2
851k-900k 38 31 6 0.1 7.4
901k-950k 17 35 6 0.3 2.9
951k-1m 29 28 8 0.2 6.2
1m-1.1m 27 23 5 0.1 7
1.1m-1.2m 34 30 7 0.1 6.8
1.2m-1.3m 15 10 2 0.1 9
1.3m-1.4m 19 18 4 0.2 6.3
1.4m-1.5m 19 8 0.1 14.3
1.5m-1.6m 7 11 0.3 3.8
1.6m-1.7m 5 3 1 0.1 10
1.7m-1.8m 4 7 3 0.3 3.4
1.8m-1.9m 5 6 2 0.2 5
1.9m-2m 2 3 0.3 4
2m-2.25m 5 2 0.1 15
2.25m-2.5m 3 7 1 0.4 2.6
2.5m-2.75m 2 2 0.2 6
2.75m-3m 1 3 0.5 2
3m-3.5m 7 3 0.1 14
3.5m-4m 3 1 0.1 18
4m-4.5m 2 1 0.1 12
4.5m-5m 4 0
5.01m-6m 5 1 0 30
7.01m-8m 2 0
9.01m-10m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
176k-200k 1 1 0.2 6
201k-225k 3 1 0.5 0
226k-250k 1 3 2 0.5 2
251k-275k 7 6 2 0.1 7
276k-300k 5 1 0 30
301k-325k 3 20 7 1.1 0.9
326k-350k 32 29 4 0.2 6.6
351k-375k 36 22 5 0.1 9.8
376k-400k 18 14 4 0.1 7.7
401k-425k 6 7 1 0.2 5.1
426k-450k 5 2 1 0.1 15
451k-475k 4 0
476k-500k 1 0
501k-550k 1 4 1 0.7 1.5
651k-700k 1 0
701k-750k 1 1 0.2 6
751k-800k 1 0
851k-900k 1 0
1.2m-1.3m 1 1 0.2 0
1.3m-1.4m 1 0.2 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 1 0.2 0
76k-100k 9 17 3 0.3 3.2
101k-125k 14 18 0.2 4.7
126k-150k 39 28 3 0.1 8.4
151k-175k 41 48 7 0.2 5.1
176k-200k 52 43 9 0.1 7.3
201k-225k 43 25 6 0.1 10.3
226k-250k 78 37 9 0.1 12.6
251k-275k 40 34 4 0.1 7.1
276k-300k 54 30 3 0.1 10.8
301k-325k 54 29 2 0.1 11.2
326k-350k 58 34 6 0.1 10.2
351k-375k 31 20 3 0.1 9.3
376k-400k 22 19 3 0.1 6.9
401k-425k 7 13 1 0.3 3.2
426k-450k 14 13 7 0.2 6.5
451k-475k 12 10 2 0.1 7.2
476k-500k 20 12 3 0.1 10
501k-550k 23 15 5 0.1 9.2
551k-600k 19 11 1 0.1 10.4
601k-650k 15 10 2 0.1 9
651k-700k 5 10 2 0.3 3
701k-750k 3 6 1 0.3 3
751k-800k 3 4 1 0.2 4.5
801k-850k 5 5 0.2 6
851k-900k 6 6 3 0.2 6
901k-950k 1 0.2 0
951k-1m 6 0
1m-1.1m 2 0
1.1m-1.2m 1 1 1 0.2 6
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 3 2 2 0.1 9
1.5m-1.6m 1 0.2 0
1.6m-1.7m 2 0
2.75m-3m 1 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
-24,000-0 1 0
26k-50k 1 0.2 0
51k-75k 3 1 0.1 18
76k-100k 2 2 1 0.2 6
101k-125k 4 0.7 0
126k-150k 2 1 0.1 12
151k-175k 2 1 1 0.1 12
176k-200k 3 0
201k-225k 1 0.2 0
226k-250k 4 1 0 24
251k-275k 2 0
276k-300k 4 1 0 24
301k-325k 3 1 0.1 18
326k-350k 2 0
351k-375k 1 2 1 0.3 3
376k-400k 2 0
401k-425k 1 0
426k-450k 8 0
451k-475k 1 0
476k-500k 3 1 0.1 18
501k-550k 1 0
551k-600k 2 0
601k-650k 2 1 0.1 12
651k-700k 2 1 0.1 12
701k-750k 1 0.2 0
751k-800k 2 0
801k-850k 2 0
851k-900k 3 0
951k-1m 5 1 0 30
1m-1.1m 1 2 0.3 3
1.2m-1.3m 1 1 0.2 6
1.4m-1.5m 2 1 1 0.1 12
1.6m-1.7m 1 0
1.9m-2m 1 0
2m-2.25m 4 0
2.25m-2.5m 2 0
5.01m-6m 1 0