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
76k-100k 1 0
126k-150k 3 0.5 0
151k-175k 7 2 1.2 0
176k-200k 7 2 1.2 0
201k-225k 5 15 2 0.5 2
226k-250k 16 55 15 0.6 1.7
251k-275k 41 63 10 0.3 3.9
276k-300k 56 116 19 0.3 2.9
301k-325k 50 102 14 0.3 2.9
326k-350k 62 95 9 0.3 3.9
351k-375k 44 67 11 0.3 3.9
376k-400k 49 65 7 0.2 4.5
401k-425k 15 23 2 0.3 3.9
426k-450k 17 15 2 0.1 6.8
451k-475k 2 9 0.8 1.3
476k-500k 8 7 2 0.1 6.9
501k-550k 6 7 0.2 5.1
551k-600k 3 8 1 0.4 2.3
601k-650k 2 2 0.2 6
651k-700k 3 0
701k-750k 1 0
751k-800k 2 1 0.1 12
1m-1.1m 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 1 0.5 2
151k-175k 9 9 1 0.2 6
176k-200k 3 5 0.3 3.6
201k-225k 1 3 0.5 2
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 1 0 54
26k-50k 33 10 4 0.1 19.8
51k-75k 18 23 0.2 4.7
76k-100k 20 11 1 0.1 10.9
101k-125k 4 3 1 0.1 8
126k-150k 6 2 0.1 18
151k-175k 6 0
176k-200k 4 2 1 0.1 12
226k-250k 6 0
251k-275k 3 0
276k-300k 6 0
301k-325k 1 0
326k-350k 2 0
376k-400k 4 0
401k-425k 1 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