Absorption Report

Deltona, 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
126k-150k 4 0.7 0
151k-175k 9 4 1.5 0
176k-200k 2 7 1 0.6 1.7
201k-225k 6 17 4 0.5 2.1
226k-250k 20 49 4 0.4 2.4
251k-275k 45 66 10 0.2 4.1
276k-300k 60 103 11 0.3 3.5
301k-325k 56 92 6 0.3 3.7
326k-350k 67 83 6 0.2 4.8
351k-375k 51 60 9 0.2 5.1
376k-400k 54 57 12 0.2 5.7
401k-425k 13 22 3 0.3 3.5
426k-450k 17 13 1 0.1 7.8
451k-475k 3 10 0.6 1.8
476k-500k 6 5 0.1 7.2
501k-550k 9 4 0.1 13.5
551k-600k 3 9 1 0.5 2
601k-650k 2 2 0.2 6
701k-750k 1 0
751k-800k 2 2 1 0.2 6
851k-900k 1 0
1m-1.1m 1 0
1.4m-1.5m 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
126k-150k 1 3 0.5 2
151k-175k 9 7 1 0.1 7.7
176k-200k 3 4 0.2 4.5
201k-225k 2 0.3 0
226k-250k 1 0.2 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 9 2 1 0 27
26k-50k 29 10 0.1 17.4
51k-75k 13 21 2 0.3 3.7
76k-100k 20 10 0.1 12
101k-125k 5 3 0.1 10
126k-150k 7 2 0 21
151k-175k 5 0
176k-200k 3 2 0.1 9
226k-250k 6 0
251k-275k 4 0
276k-300k 5 0
301k-325k 1 0
326k-350k 2 0
376k-400k 3 0
451k-475k 2 0
551k-600k 1 0
651k-700k 2 0
901k-950k 2 0
951k-1m 2 0
1.2m-1.3m 1 0
1.4m-1.5m 2 0
4m-4.5m 1 0
5.01m-6m 1 0