Absorption Report

Dunedin, Heather Ridge

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 Since 12/31 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
101k-125k 1 0
126k-150k 2 6 1 0.5 2
151k-175k 2 0.3 0
176k-200k 2 6 2 0.5 2
201k-225k 3 4 0.2 4.5
226k-250k 4 14 3 0.6 1.7
251k-275k 1 13 3 2.2 0.5
276k-300k 5 25 5 0.8 1.2
301k-325k 9 35 6 0.6 1.5
326k-350k 11 38 5 0.6 1.7
351k-375k 10 21 4 0.4 2.9
376k-400k 13 30 6 0.4 2.6
401k-425k 8 22 5 0.5 2.2
426k-450k 13 24 5 0.3 3.3
451k-475k 12 19 3 0.3 3.8
476k-500k 26 16 4 0.1 9.8
501k-550k 18 29 6 0.3 3.7
551k-600k 22 20 2 0.2 6.6
601k-650k 15 13 2 0.1 6.9
651k-700k 15 18 2 0.2 5
701k-750k 6 9 1 0.3 4
751k-800k 1 6 1 1
801k-850k 1 8 3 1.3 0.8
851k-900k 7 3 1 0.1 14
901k-950k 1 2 1 0.3 3
951k-1m 2 2 0.2 6
1m-1.1m 4 4 0.2 6
1.1m-1.2m 2 2 2 0.2 6
1.2m-1.3m 5 2 1 0.1 15
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 2 1 1 0.1 12
1.5m-1.6m 1 0.2 0
1.7m-1.8m 1 0.2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0.2 0
2.75m-3m 1 0.2 0
3m-3.5m 1 1 0.2 0
3.5m-4m 1 0
8.01m-9m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 2 0.3 3
201k-225k 1 2 0.3 3
226k-250k 1 4 0.7 1.5
251k-275k 1 3 0.5 2
276k-300k 2 4 0.3 3
301k-325k 1 1 1 0.2 6
326k-350k 4 1 1 0 24
351k-375k 4 0.7 0
376k-400k 2 3 1 0.3 4
401k-425k 13 1 1 0 78
426k-450k 5 2 2 0.1 15
451k-475k 1 2 1 0.3 3
476k-500k 1 0.2 0
501k-550k 1 0.2 0
551k-600k 1 2 0.3 3
601k-650k 4 2 0.7 0
651k-700k 1 1 0.2 0
701k-750k 1 0.2 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0.2 0
101k-125k 1 2 0.3 3
126k-150k 9 9 1 0.2 6
151k-175k 22 14 4 0.1 9.4
176k-200k 24 14 3 0.1 10.3
201k-225k 22 22 5 0.2 6
226k-250k 16 10 1 0.1 9.6
251k-275k 6 9 1 0.3 4
276k-300k 7 10 0.2 4.2
301k-325k 3 9 1 0.5 2
326k-350k 4 3 0.1 8
351k-375k 1 3 0.5 2
376k-400k 9 3 0.1 18
401k-425k 3 2 0.1 9
426k-450k 5 5 1 0.2 6
451k-475k 1 2 0.3 3
476k-500k 4 2 2 0.1 12
501k-550k 2 1 1 0.1 12
551k-600k 1 0
601k-650k 3 1 0.1 18

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0.2 0
151k-175k 1 0.2 0
226k-250k 1 0
251k-275k 1 0
426k-450k 1 1 0.2 0
501k-550k 1 0
551k-600k 2 0
701k-750k 1 0
801k-850k 1 0
951k-1m 1 0
1m-1.1m 2 0
1.1m-1.2m 1 0
1.5m-1.6m 1 0