Absorption Report

Dunnellon, 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
101k-125k 1 0.2 0
126k-150k 1 4 1 0.7 1.5
151k-175k 14 1 2.3 0
176k-200k 6 13 5 0.4 2.8
201k-225k 29 39 1 0.2 4.5
226k-250k 37 89 12 0.4 2.5
251k-275k 36 40 6 0.2 5.4
276k-300k 34 41 4 0.2 5
301k-325k 14 17 2 0.2 4.9
326k-350k 23 32 5 0.2 4.3
351k-375k 19 31 4 0.3 3.7
376k-400k 19 19 2 0.2 6
401k-425k 11 17 1 0.3 3.9
426k-450k 9 6 2 0.1 9
451k-475k 3 6 1 0.3 3
476k-500k 19 1 0 114
501k-550k 13 4 1 0.1 19.5
551k-600k 2 8 0.7 1.5
601k-650k 5 4 0.1 7.5
651k-700k 3 3 0.2 6
701k-750k 1 3 1 0.5 2
751k-800k 7 0
801k-850k 1 0.2 0
851k-900k 6 0
901k-950k 3 0
951k-1m 4 0
1m-1.1m 3 0
1.1m-1.2m 3 2 1 0.1 9
1.2m-1.3m 2 0
1.3m-1.4m 4 1 0 24
1.5m-1.6m 2 0.3 0
1.6m-1.7m 2 1 0.1 12
1.8m-1.9m 1 0.2 0
2.25m-2.5m 1 0
2.75m-3m 2 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
226k-250k 1 0
251k-275k 1 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
176k-200k 1 0
201k-225k 1 1 0.2 6
226k-250k 1 0.2 0
251k-275k 1 0.2 0

Land 1% 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 209 290 36 0.2 4.3
26k-50k 219 122 23 0.1 10.8
51k-75k 70 35 5 0.1 12
76k-100k 24 7 1 0 20.6
101k-125k 4 1 0 24
126k-150k 6 2 0.1 18
151k-175k 5 1 0 30
176k-200k 5 1 0 30
201k-225k 4 2 0.1 12
226k-250k 1 2 0.3 3
251k-275k 3 2 1 0.1 9
301k-325k 1 0
351k-375k 2 1 0.1 12
501k-550k 2 1 0.1 12
551k-600k 1 0
701k-750k 1 0
851k-900k 1 0
901k-950k 2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
3m-3.5m 1 0
5.01m-6m 1 0
6.01m-7m 1 0
19.01m-20m 1 0