Absorption Report

DeLand, 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 2 0.3 0
76k-100k 1 0.2 0
101k-125k 1 1 0.2 6
126k-150k 3 4 0.2 4.5
151k-175k 1 3 0.5 2
176k-200k 10 9 3 0.2 6.7
201k-225k 5 18 5 0.6 1.7
226k-250k 20 26 5 0.2 4.6
251k-275k 14 17 2 0.2 4.9
276k-300k 23 37 9 0.3 3.7
301k-325k 37 59 9 0.3 3.8
326k-350k 49 91 21 0.3 3.2
351k-375k 44 65 18 0.2 4.1
376k-400k 37 49 10 0.2 4.5
401k-425k 31 37 4 0.2 5
426k-450k 36 34 5 0.2 6.4
451k-475k 19 20 4 0.2 5.7
476k-500k 20 19 4 0.2 6.3
501k-550k 29 33 8 0.2 5.3
551k-600k 11 18 3 0.3 3.7
601k-650k 8 7 3 0.1 6.9
651k-700k 9 11 3 0.2 4.9
701k-750k 3 2 0.1 9
751k-800k 2 2 0.2 6
801k-850k 2 0
851k-900k 4 4 0.2 6
901k-950k 1 0
951k-1m 1 2 0.3 3
1m-1.1m 1 1 0.2 6
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.7m-1.8m 2 0
2m-2.25m 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 3 1 0.1 18
226k-250k 2 0.3 0
276k-300k 1 2 0.3 3
326k-350k 2 1 0.1 12
376k-400k 1 0.2 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
126k-150k 2 1 0.1 12
151k-175k 7 9 1 0.2 4.7
176k-200k 6 4 2 0.1 9
201k-225k 2 3 1 0.3 4
251k-275k 2 0
301k-325k 1 0
326k-350k 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 25 16 3 0.1 9.4
26k-50k 41 24 1 0.1 10.3
51k-75k 15 5 0.1 18
76k-100k 12 3 2 0 24
101k-125k 2 5 0.4 2.4
126k-150k 10 3 0.1 20
151k-175k 4 3 0.1 8
176k-200k 4 1 0 24
201k-225k 3 0
226k-250k 6 0
276k-300k 5 0
301k-325k 2 0.3 0
326k-350k 3 0
351k-375k 1 0
376k-400k 1 0
426k-450k 3 0
451k-475k 1 0
501k-550k 2 0
551k-600k 1 1 1 0.2 6
651k-700k 2 0
701k-750k 2 0
751k-800k 1 0
801k-850k 2 0
951k-1m 2 0
1.3m-1.4m 1 2 0.3 3
1.4m-1.5m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0.2 0
4.5m-5m 1 0
7.01m-8m 1 0
10.01m-11m 1 0