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 3 1 0.5 2
101k-125k 5 2 0.8 0
126k-150k 2 6 3 0.5 2
151k-175k 3 5 0.3 3.6
176k-200k 10 12 2 0.2 5
201k-225k 11 18 1 0.3 3.7
226k-250k 24 14 0.1 10.3
251k-275k 17 20 2 0.2 5.1
276k-300k 11 15 4 0.2 4.4
301k-325k 16 16 5 0.2 6
326k-350k 19 23 3 0.2 5
351k-375k 23 12 3 0.1 11.5
376k-400k 20 12 4 0.1 10
401k-425k 15 14 1 0.2 6.4
426k-450k 18 8 1 0.1 13.5
451k-475k 12 7 2 0.1 10.3
476k-500k 12 6 1 0.1 12
501k-550k 14 15 0.2 5.6
551k-600k 23 10 1 0.1 13.8
601k-650k 12 7 4 0.1 10.3
651k-700k 12 2 0 36
701k-750k 4 2 2 0.1 12
751k-800k 2 0
801k-850k 1 1 0.2 6
851k-900k 1 1 0.2 6
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 11 2 0.1 7.1
301k-325k 6 2 0.1 18
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 1 0.1 11.1
126k-150k 11 7 0.1 9.4
151k-175k 14 5 0.1 16.8
176k-200k 10 3 0.1 20
201k-225k 8 6 0.1 8
226k-250k 8 4 0.1 12
251k-275k 13 2 0 39
276k-300k 6 1 0 36
301k-325k 10 1 0 60
326k-350k 4 1 0 24
351k-375k 2 0
376k-400k 2 1 0.1 12
401k-425k 1 2 1 0.3 3
426k-450k 4 1 0 24
451k-475k 6 3 0.1 12
476k-500k 7 2 0 21
501k-550k 9 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 3 0 24
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
301k-325k 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