Absorption Report

Brooksville, 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
76k-100k 1 1 0.2 6
101k-125k 3 0.5 0
126k-150k 3 5 3 0.3 3.6
151k-175k 6 6 0.2 6
176k-200k 8 10 0.2 4.8
201k-225k 5 11 2 0.4 2.7
226k-250k 7 22 3 0.5 1.9
251k-275k 14 18 3 0.2 4.7
276k-300k 28 29 3 0.2 5.8
301k-325k 31 38 8 0.2 4.9
326k-350k 39 43 11 0.2 5.4
351k-375k 27 29 3 0.2 5.6
376k-400k 28 22 1 0.1 7.6
401k-425k 11 17 3 0.3 3.9
426k-450k 5 11 3 0.4 2.7
451k-475k 3 5 0.3 3.6
476k-500k 7 6 0.1 7
501k-550k 7 8 3 0.2 5.3
551k-600k 9 12 3 0.2 4.5
601k-650k 16 11 1 0.1 8.7
651k-700k 16 7 2 0.1 13.7
701k-750k 12 5 0.1 14.4
751k-800k 14 7 1 0.1 12
801k-850k 8 2 1 0 24
851k-900k 12 2 1 0 36
901k-950k 6 2 1 0.1 18
951k-1m 5 0
1m-1.1m 2 0.3 0
1.1m-1.2m 3 0
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 2 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.8m-1.9m 2 0
1.9m-2m 1 1 1 0.2 6
2m-2.25m 1 0
2.25m-2.5m 1 1 0.2 6

Townhouses NAN% 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
201k-225k 3 1 0.5 0

Condos NAN% 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 1 0.2 0
251k-275k 1 0.2 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
1k-25k 13 17 2 0.2 4.6
26k-50k 45 36 5 0.1 7.5
51k-75k 28 11 1 0.1 15.3
76k-100k 7 8 1 0.2 5.3
101k-125k 7 7 2 0.2 6
126k-150k 7 4 0.1 10.5
151k-175k 3 5 1 0.3 3.6
176k-200k 12 6 2 0.1 12
201k-225k 3 3 1 0.2 6
226k-250k 8 6 3 0.1 8
251k-275k 3 3 1 0.2 6
276k-300k 8 1 0 48
301k-325k 2 0
326k-350k 6 1 0 36
351k-375k 4 1 1 0 24
376k-400k 6 1 0 36
401k-425k 1 0
426k-450k 1 2 0.3 3
451k-475k 1 0
476k-500k 4 0
501k-550k 2 1 0.1 12
551k-600k 3 1 0.1 18
651k-700k 4 0
701k-750k 2 1 0.1 12
801k-850k 1 0
851k-900k 1 0
901k-950k 1 0
951k-1m 1 0.2 0
1m-1.1m 1 0.2 0
1.1m-1.2m 2 0
1.2m-1.3m 1 0
1.4m-1.5m 1 0
1.5m-1.6m 2 0
1.8m-1.9m 1 0
1.9m-2m 2 0
2m-2.25m 2 0
2.25m-2.5m 1 0.2 0
2.75m-3m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 1 0
5.01m-6m 1 0
8.01m-9m 1 0
13.01m-14m 1 0