Absorption Report

Davenport, Bahama Bay Resort

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
201k-225k 1 1 1 0.2 6
226k-250k 2 4 0.3 3
251k-275k 4 9 3 0.4 2.7
276k-300k 19 25 5 0.2 4.6
301k-325k 41 72 9 0.3 3.4
326k-350k 91 153 18 0.3 3.6
351k-375k 77 149 15 0.3 3.1
376k-400k 124 177 22 0.2 4.2
401k-425k 95 84 14 0.1 6.8
426k-450k 97 72 9 0.1 8.1
451k-475k 43 56 10 0.2 4.6
476k-500k 48 40 2 0.1 7.2
501k-550k 75 55 6 0.1 8.2
551k-600k 49 33 5 0.1 8.9
601k-650k 36 23 2 0.1 9.4
651k-700k 55 19 1 0.1 17.4
701k-750k 48 19 2 0.1 15.2
751k-800k 42 4 0 63
801k-850k 24 3 0 48
851k-900k 16 2 0 48
901k-950k 11 2 1 0 33
951k-1m 20 0
1m-1.1m 11 0
1.1m-1.2m 8 3 1 0.1 16
1.2m-1.3m 7 1 0 42
1.3m-1.4m 2 0.3 0
1.4m-1.5m 3 0.5 0
1.5m-1.6m 2 2 2 0.2 6
1.7m-1.8m 1 1 0.2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
6.01m-7m 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
201k-225k 1 0
226k-250k 6 6 2 0.2 6
251k-275k 28 47 5 0.3 3.6
276k-300k 76 68 8 0.1 6.7
301k-325k 80 122 21 0.3 3.9
326k-350k 35 40 3 0.2 5.3
351k-375k 23 41 2 0.3 3.4
376k-400k 25 19 2 0.1 7.9
401k-425k 21 12 0.1 10.5
426k-450k 30 10 2 0.1 18
451k-475k 17 8 0.1 12.8
476k-500k 19 8 1 0.1 14.3
501k-550k 34 12 1 0.1 17
551k-600k 21 6 0 21
601k-650k 3 1 0.1 18
651k-700k 1 0
701k-750k 1 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
151k-175k 1 1 1 0.2 6
176k-200k 6 12 5 0.3 3
201k-225k 24 14 3 0.1 10.3
226k-250k 52 20 0.1 15.6
251k-275k 17 6 0.1 17
276k-300k 17 3 1 0 34
301k-325k 5 2 1 0.1 15
326k-350k 6 0
351k-375k 9 1 1 0 54
376k-400k 13 3 0 26
401k-425k 5 1 0 30
426k-450k 3 0
451k-475k 1 0
476k-500k 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
1k-25k 1 1 0.2 6
26k-50k 3 5 1 0.3 3.6
51k-75k 5 0.8 0
76k-100k 5 1 1 0 30
101k-125k 6 1 1 0 36
126k-150k 2 1 0.1 12
151k-175k 2 0
176k-200k 3 1 0.1 18
201k-225k 1 0
226k-250k 1 0.2 0
251k-275k 1 0
276k-300k 5 0
326k-350k 4 1 0 24
376k-400k 2 0
476k-500k 3 0
551k-600k 2 0
601k-650k 1 0
651k-700k 1 0
701k-750k 1 0
751k-800k 1 0.2 0
1.3m-1.4m 1 0
1.5m-1.6m 1 0
1.9m-2m 1 0
3m-3.5m 1 0
3.5m-4m 1 0.2 0