Absorption Report

Auburndale

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
1k-25k 1 1 0.2 0
26k-50k 3 1 0.5 0
51k-75k 1 5 0.8 1.2
76k-100k 2 8 0.7 1.5
101k-125k 2 20 6 1.7 0.6
126k-150k 21 47 8 0.4 2.7
151k-175k 44 85 15 0.3 3.1
176k-200k 81 174 25 0.4 2.8
201k-225k 107 235 22 0.4 2.7
226k-250k 221 395 51 0.3 3.4
251k-275k 222 429 55 0.3 3.1
276k-300k 315 538 67 0.3 3.5
301k-325k 281 402 72 0.2 4.2
326k-350k 249 263 30 0.2 5.7
351k-375k 139 169 22 0.2 4.9
376k-400k 123 128 20 0.2 5.8
401k-425k 69 84 11 0.2 4.9
426k-450k 47 70 10 0.2 4
451k-475k 25 47 5 0.3 3.2
476k-500k 28 40 7 0.2 4.2
501k-550k 40 47 5 0.2 5.1
551k-600k 25 34 5 0.2 4.4
601k-650k 23 31 4 0.2 4.5
651k-700k 19 15 1 0.1 7.6
701k-750k 9 6 1 0.1 9
751k-800k 9 2 0 27
801k-850k 8 5 2 0.1 9.6
851k-900k 8 6 0.1 8
901k-950k 5 3 0.1 10
951k-1m 7 7 0.2 6
1m-1.1m 9 2 0 27
1.1m-1.2m 11 3 0 22
1.2m-1.3m 3 3 0.2 6
1.3m-1.4m 1 3 0.5 2
1.4m-1.5m 4 1 0 24
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 2 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 2 1 0.1 12
2m-2.25m 1 0.2 0
2.25m-2.5m 5 1 0 30
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 0
3m-3.5m 3 0
4m-4.5m 1 1 0.2 6
5.01m-6m 1 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
101k-125k 1 0
126k-150k 1 2 0.3 3
151k-175k 2 1 0.3 0
176k-200k 4 8 0.3 3
201k-225k 7 10 1 0.2 4.2
226k-250k 25 37 6 0.2 4.1
251k-275k 13 10 3 0.1 7.8
276k-300k 1 0.2 0
301k-325k 1 0.2 0
326k-350k 1 0
476k-500k 1 0
651k-700k 1 1 0.2 0
751k-800k 1 1 0.2 6
801k-850k 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 2 0.3 0
76k-100k 1 4 0.7 1.5
101k-125k 8 17 0.4 2.8
126k-150k 21 26 1 0.2 4.8
151k-175k 9 6 1 0.1 9
176k-200k 5 3 0.1 10
201k-225k 2 2 0.2 6
226k-250k 3 2 0.1 9
451k-475k 1 0
476k-500k 3 0
501k-550k 1 0.2 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
1k-25k 90 248 33 0.5 2.2
26k-50k 263 462 59 0.3 3.4
51k-75k 109 81 15 0.1 8.1
76k-100k 49 34 4 0.1 8.6
101k-125k 14 9 2 0.1 9.3
126k-150k 15 6 0.1 15
151k-175k 11 5 0.1 13.2
176k-200k 7 4 0.1 10.5
201k-225k 4 4 0.2 6
226k-250k 10 6 2 0.1 10
251k-275k 2 2 0.2 6
276k-300k 10 1 0 60
301k-325k 5 2 0.1 15
326k-350k 6 2 0.1 18
376k-400k 3 1 0.1 18
401k-425k 1 3 0.5 2
426k-450k 3 1 0.1 18
451k-475k 1 0
476k-500k 11 1 0 66
501k-550k 4 2 0.1 12
551k-600k 10 0
601k-650k 2 1 0.1 12
651k-700k 4 2 0.1 12
701k-750k 6 0
751k-800k 5 0
801k-850k 2 2 0.2 6
851k-900k 1 0.2 0
901k-950k 2 1 0.1 12
951k-1m 7 0
1m-1.1m 4 0
1.1m-1.2m 5 0
1.2m-1.3m 2 2 0.2 6
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 4 2 1 0.1 12
1.6m-1.7m 2 0
1.7m-1.8m 5 0
1.9m-2m 1 2 0.3 3
2m-2.25m 2 1 0.1 12
2.25m-2.5m 3 0
2.75m-3m 3 0
3m-3.5m 2 0
3.5m-4m 2 1 0.1 12
4m-4.5m 1 1 0.2 0
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0