Absorption Report

Daytona Beach, 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 6
76k-100k 1 2 0.3 3
101k-125k 5 2 0.8 0
126k-150k 3 7 3 0.4 2.6
151k-175k 2 5 0.4 2.4
176k-200k 11 12 4 0.2 5.5
201k-225k 10 18 2 0.3 3.3
226k-250k 23 15 1 0.1 9.2
251k-275k 16 21 2 0.2 4.6
276k-300k 12 13 2 0.2 5.5
301k-325k 17 15 5 0.1 6.8
326k-350k 19 24 3 0.2 4.8
351k-375k 20 12 2 0.1 10
376k-400k 23 9 2 0.1 15.3
401k-425k 15 14 1 0.2 6.4
426k-450k 20 9 1 0.1 13.3
451k-475k 11 8 2 0.1 8.3
476k-500k 11 6 1 0.1 11
501k-550k 15 16 0.2 5.6
551k-600k 23 11 2 0.1 12.5
601k-650k 11 7 4 0.1 9.4
651k-700k 13 2 0 39
701k-750k 4 2 2 0.1 12
751k-800k 2 0
801k-850k 1 1 0.2 6
851k-900k 1 0.2 0
1m-1.1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.8m-1.9m 1 0
1.9m-2m 1 0
3m-3.5m 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
151k-175k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 1 0.2 0
226k-250k 5 1 0.8 0
251k-275k 3 3 0.2 6
276k-300k 13 12 2 0.2 6.5
301k-325k 7 2 1 0 21
326k-350k 1 3 1 0.5 2
376k-400k 1 1 0.2 6
451k-475k 1 0.2 0
501k-550k 2 1 0.3 0
551k-600k 1 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
51k-75k 1 0.2 0
76k-100k 2 3 0.3 4
101k-125k 13 7 2 0.1 11.1
126k-150k 11 7 0.1 9.4
151k-175k 15 5 0.1 18
176k-200k 10 3 0.1 20
201k-225k 8 6 0.1 8
226k-250k 7 4 0.1 10.5
251k-275k 13 2 0 39
276k-300k 6 1 0 36
301k-325k 11 1 0 66
326k-350k 4 2 0.1 12
351k-375k 2 0
376k-400k 2 1 0.1 12
401k-425k 2 2 1 0.2 6
426k-450k 4 2 0.1 12
451k-475k 5 3 0.1 10
476k-500k 8 2 0 24
501k-550k 9 1 1 0 54
551k-600k 4 2 0.1 12
601k-650k 6 1 0 36
651k-700k 1 0
701k-750k 6 1 0 36
751k-800k 3 0
801k-850k 1 0
851k-900k 1 0.2 0
901k-950k 1 1 0.2 6
1.2m-1.3m 1 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 1 3 0.5 2
26k-50k 12 4 0.1 18
51k-75k 3 0
76k-100k 1 0
101k-125k 2 0
126k-150k 1 0
151k-175k 1 0
176k-200k 2 0
201k-225k 2 0
226k-250k 1 1 0.2 6
276k-300k 1 0
326k-350k 1 0.2 0
401k-425k 1 1 0.2 0
476k-500k 2 0
851k-900k 1 0
951k-1m 2 0
1.1m-1.2m 1 0
3.5m-4m 1 0