Absorption Report

Brooksville, Hill N Dale

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
151k-175k 3 0.5 0
176k-200k 1 0.2 0
201k-225k 1 0
226k-250k 1 0.2 0
251k-275k 6 5 1 0.1 7.2
276k-300k 13 4 0.1 19.5
301k-325k 10 12 4 0.2 5
326k-350k 19 23 4 0.2 5
351k-375k 15 16 2 0.2 5.6
376k-400k 21 18 4 0.1 7
401k-425k 14 18 5 0.2 4.7
426k-450k 26 9 0.1 17.3
451k-475k 12 14 2 0.2 5.1
476k-500k 30 13 1 0.1 13.8
501k-550k 27 12 3 0.1 13.5
551k-600k 27 11 3 0.1 14.7
601k-650k 10 12 4 0.2 5
651k-700k 21 2 0 63
701k-750k 11 7 0.1 9.4
751k-800k 2 1 0.1 12
801k-850k 1 1 0.2 6
851k-900k 2 1 0.1 12
901k-950k 1 0.2 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
226k-250k 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
76k-100k 1 0.2 0
126k-150k 6 0
151k-175k 4 1 0 24
176k-200k 4 2 2 0.1 12
201k-225k 1 2 0.3 3
226k-250k 13 2 0 39
251k-275k 4 4 1 0.2 6
276k-300k 2 1 1 0.1 12
376k-400k 1 0
401k-425k 1 0
451k-475k 1 0

Land 1% 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 15 41 6 0.5 2.2
26k-50k 226 48 3 0 28.3
51k-75k 124 24 5 0 31
76k-100k 50 2 0 150
101k-125k 11 0
126k-150k 6 0
151k-175k 2 2 1 0.2 6
176k-200k 3 0
276k-300k 1 0
326k-350k 3 0
376k-400k 1 0.2 0
401k-425k 1 0
451k-475k 1 0
601k-650k 1 0
751k-800k 1 0
1.4m-1.5m 1 0
2.75m-3m 1 0