Absorption Report

Bradenton, 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
51k-75k 1 1 0.2 0
76k-100k 1 3 0.5 2
101k-125k 2 3 0.3 4
126k-150k 6 8 2 0.2 4.5
151k-175k 6 6 4 0.2 6
176k-200k 8 13 2 0.3 3.7
201k-225k 11 19 0.3 3.5
226k-250k 10 20 4 0.3 3
251k-275k 12 30 2 0.4 2.4
276k-300k 26 42 7 0.3 3.7
301k-325k 21 58 7 0.5 2.2
326k-350k 46 68 8 0.2 4.1
351k-375k 37 103 20 0.5 2.2
376k-400k 72 111 17 0.3 3.9
401k-425k 52 84 13 0.3 3.7
426k-450k 57 93 19 0.3 3.7
451k-475k 50 67 13 0.2 4.5
476k-500k 92 89 11 0.2 6.2
501k-550k 114 137 24 0.2 5
551k-600k 85 106 18 0.2 4.8
601k-650k 74 73 11 0.2 6.1
651k-700k 64 74 11 0.2 5.2
701k-750k 51 64 15 0.2 4.8
751k-800k 42 52 10 0.2 4.8
801k-850k 28 30 2 0.2 5.6
851k-900k 25 34 6 0.2 4.4
901k-950k 29 21 6 0.1 8.3
951k-1m 32 20 4 0.1 9.6
1m-1.1m 24 38 6 0.3 3.8
1.1m-1.2m 21 24 4 0.2 5.3
1.2m-1.3m 14 22 1 0.3 3.8
1.3m-1.4m 23 15 0.1 9.2
1.4m-1.5m 10 8 0.1 7.5
1.5m-1.6m 13 10 1 0.1 7.8
1.6m-1.7m 9 3 0.1 18
1.7m-1.8m 6 4 1 0.1 9
1.8m-1.9m 4 5 1 0.2 4.8
1.9m-2m 8 1 1 0 48
2m-2.25m 11 2 0 33
2.25m-2.5m 4 6 1 0.3 4
2.5m-2.75m 3 3 0.2 6
2.75m-3m 2 1 1 0.1 12
3m-3.5m 5 2 0.1 15
3.5m-4m 3 2 0.1 9
4m-4.5m 4 1 0 24
4.5m-5m 5 0
5.01m-6m 1 1 0.2 0
7.01m-8m 1 0
8.01m-9m 1 0
16.01m-17m 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
226k-250k 7 3 0.1 14
251k-275k 9 5 1 0.1 10.8
276k-300k 6 14 1 0.4 2.6
301k-325k 20 33 7 0.3 3.6
326k-350k 29 44 6 0.3 4
351k-375k 8 18 0.4 2.7
376k-400k 13 5 0.1 15.6
401k-425k 3 4 1 0.2 4.5
426k-450k 4 5 3 0.2 4.8
476k-500k 1 0
501k-550k 1 0.2 0
651k-700k 1 1 0.2 0
701k-750k 1 0
751k-800k 1 0
851k-900k 1 0
1m-1.1m 1 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 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
51k-75k 6 2 1 0
76k-100k 12 4 0.1 18
101k-125k 31 17 5 0.1 10.9
126k-150k 53 25 5 0.1 12.7
151k-175k 36 37 5 0.2 5.8
176k-200k 59 27 5 0.1 13.1
201k-225k 53 26 3 0.1 12.2
226k-250k 61 36 6 0.1 10.2
251k-275k 43 23 4 0.1 11.2
276k-300k 63 32 4 0.1 11.8
301k-325k 33 23 3 0.1 8.6
326k-350k 46 16 4 0.1 17.3
351k-375k 27 8 2 0 20.3
376k-400k 24 7 1 0 20.6
401k-425k 19 11 1 0.1 10.4
426k-450k 16 10 4 0.1 9.6
451k-475k 13 4 2 0.1 19.5
476k-500k 17 7 2 0.1 14.6
501k-550k 22 5 1 0 26.4
551k-600k 20 4 3 0 30
601k-650k 13 3 0 26
651k-700k 6 3 0.1 12
701k-750k 4 2 1 0.1 12
751k-800k 5 1 0 30
801k-850k 1 0
851k-900k 2 0
901k-950k 3 1 1 0.1 18
1m-1.1m 3 0
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 1 0.2 0
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 2 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 2 1 0.1 12
51k-75k 8 2 0 24
76k-100k 2 2 0.2 6
101k-125k 3 2 0.1 9
126k-150k 2 0
151k-175k 3 1 0.1 18
176k-200k 2 1 0.1 12
201k-225k 4 2 1 0.1 12
226k-250k 4 0
251k-275k 1 0
276k-300k 3 2 1 0.1 9
301k-325k 3 2 0.1 9
326k-350k 1 0
351k-375k 2 0
376k-400k 6 1 1 0 36
401k-425k 1 0.2 0
426k-450k 6 0
451k-475k 4 0
476k-500k 2 0
501k-550k 1 0.2 0
551k-600k 3 0
601k-650k 1 1 1 0.2 6
651k-700k 1 0
751k-800k 2 0
851k-900k 3 0
901k-950k 1 0
951k-1m 4 0
1m-1.1m 2 0
1.1m-1.2m 1 0
1.2m-1.3m 3 0
1.4m-1.5m 2 0
1.6m-1.7m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 3 0
2.25m-2.5m 3 0
4m-4.5m 1 0
5.01m-6m 1 0
10.01m-11m 1 0