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 0.2 0
76k-100k 4 2 0.7 0
101k-125k 4 0.7 0
126k-150k 3 5 0.3 3.6
151k-175k 2 5 1 0.4 2.4
176k-200k 12 12 0.2 6
201k-225k 13 16 1 0.2 4.9
226k-250k 17 14 2 0.1 7.3
251k-275k 17 16 1 0.2 6.4
276k-300k 14 20 9 0.2 4.2
301k-325k 18 20 8 0.2 5.4
326k-350k 24 26 6 0.2 5.5
351k-375k 22 19 10 0.1 6.9
376k-400k 14 18 11 0.2 4.7
401k-425k 13 14 1 0.2 5.6
426k-450k 18 11 3 0.1 9.8
451k-475k 9 6 0.1 9
476k-500k 15 5 1 0.1 18
501k-550k 16 15 3 0.2 6.4
551k-600k 23 8 0.1 17.3
601k-650k 13 8 2 0.1 9.8
651k-700k 11 2 0 33
701k-750k 2 2 0.2 6
751k-800k 2 0
801k-850k 2 0
851k-900k 1 1 0.2 6
951k-1m 1 0
1m-1.1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.8m-1.9m 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 2 1 0.3 0
201k-225k 1 0.2 0
226k-250k 5 0.8 0
251k-275k 3 3 0.2 6
276k-300k 13 10 0.1 7.8
301k-325k 4 2 0.1 12
326k-350k 3 3 0.2 6
376k-400k 1 0
451k-475k 1 0.2 0
501k-550k 2 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 1 0.2 6
76k-100k 2 2 0.2 6
101k-125k 11 8 2 0.1 8.3
126k-150k 15 8 1 0.1 11.3
151k-175k 15 5 1 0.1 18
176k-200k 9 5 2 0.1 10.8
201k-225k 9 6 1 0.1 9
226k-250k 12 3 0 24
251k-275k 10 1 0 60
276k-300k 6 1 0 36
301k-325k 9 3 2 0.1 18
326k-350k 3 1 0.1 18
351k-375k 2 0
376k-400k 1 1 0.2 6
401k-425k 1 2 1 0.3 3
426k-450k 3 1 0.1 18
451k-475k 3 3 0.2 6
476k-500k 6 3 1 0.1 12
501k-550k 9 2 1 0 27
551k-600k 4 2 0.1 12
601k-650k 6 1 0 36
651k-700k 1 0
701k-750k 4 1 0 24
751k-800k 3 0
801k-850k 2 0
851k-900k 1 0.2 0
901k-950k 1 1 0.2 6
1.2m-1.3m 1 0
1.3m-1.4m 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 2 3 0.3 4
26k-50k 10 3 0.1 20
51k-75k 2 0
76k-100k 1 0
101k-125k 2 0
126k-150k 1 0
151k-175k 1 0
176k-200k 3 0
201k-225k 2 0
226k-250k 1 1 0.2 6
276k-300k 1 0
301k-325k 1 0
326k-350k 1 0.2 0
376k-400k 1 0
401k-425k 1 1 0.2 0
476k-500k 2 0
551k-600k 1 0
851k-900k 1 0
951k-1m 2 0
1.1m-1.2m 1 0
1.3m-1.4m 1 0
3.5m-4m 1 0