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
26k-50k 1 0
76k-100k 1 0
126k-150k 4 1 0.7 0
151k-175k 2 13 1 1.1 0.9
176k-200k 5 14 5 0.5 2.1
201k-225k 32 38 5 0.2 5.1
226k-250k 35 91 16 0.4 2.3
251k-275k 38 41 10 0.2 5.6
276k-300k 29 37 3 0.2 4.7
301k-325k 16 18 3 0.2 5.3
326k-350k 22 30 6 0.2 4.4
351k-375k 23 33 7 0.2 4.2
376k-400k 14 24 6 0.3 3.5
401k-425k 11 17 3 0.3 3.9
426k-450k 8 6 1 0.1 8
451k-475k 3 5 0.3 3.6
476k-500k 17 2 1 0 51
501k-550k 12 3 0 24
551k-600k 3 8 1 0.4 2.3
601k-650k 5 5 1 0.2 6
651k-700k 3 3 0.2 6
701k-750k 2 0.3 0
751k-800k 6 0
801k-850k 2 1 0.1 12
851k-900k 6 0
901k-950k 3 0
951k-1m 3 0
1m-1.1m 3 0
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 1 0
1.3m-1.4m 4 1 0 24
1.5m-1.6m 1 0.2 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
2m-2.25m 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 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 214 283 32 0.2 4.5
26k-50k 221 116 10 0.1 11.4
51k-75k 71 33 4 0.1 12.9
76k-100k 26 7 1 0 22.3
101k-125k 3 1 0.1 18
126k-150k 4 3 1 0.1 8
151k-175k 6 1 0 36
176k-200k 5 1 0 30
201k-225k 2 2 0.2 6
226k-250k 1 3 1 0.5 2
251k-275k 3 2 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
1.8m-1.9m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
3m-3.5m 2 0
5.01m-6m 1 0
6.01m-7m 1 0
19.01m-20m 1 0