Absorption Report

Dunnellon, Se 132nd Ct

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 3 0.5 0
126k-150k 1 0.2 0
151k-175k 3 8 1 0.4 2.3
176k-200k 9 27 6 0.5 2
201k-225k 15 46 11 0.5 2
226k-250k 20 66 12 0.6 1.8
251k-275k 36 92 15 0.4 2.3
276k-300k 62 126 24 0.3 3
301k-325k 53 144 24 0.5 2.2
326k-350k 93 161 30 0.3 3.5
351k-375k 61 116 29 0.3 3.2
376k-400k 44 90 16 0.3 2.9
401k-425k 26 49 10 0.3 3.2
426k-450k 25 25 3 0.2 6
451k-475k 21 31 8 0.2 4.1
476k-500k 18 22 5 0.2 4.9
501k-550k 25 24 7 0.2 6.3
551k-600k 18 10 2 0.1 10.8
601k-650k 10 5 2 0.1 12
651k-700k 6 0
701k-750k 7 3 0.1 14
751k-800k 5 0
801k-850k 1 0
851k-900k 2 2 0.2 6
901k-950k 2 1 0.1 12
951k-1m 1 0.2 0
1m-1.1m 2 1 0.3 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0.2 0
1.3m-1.4m 1 0.2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
2m-2.25m 1 0
4.5m-5m 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
101k-125k 1 0.2 0
201k-225k 1 1 0.2 0
226k-250k 6 3 1 0.1 12
276k-300k 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
101k-125k 2 0.3 0
176k-200k 2 1 0.1 12
351k-375k 1 0.2 0
501k-550k 1 0.2 0

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
1k-25k 2 3 0.3 4
26k-50k 18 44 5 0.4 2.5
51k-75k 27 32 12 0.2 5.1
76k-100k 15 15 3 0.2 6
101k-125k 10 5 1 0.1 12
126k-150k 12 2 0 36
151k-175k 5 3 2 0.1 10
176k-200k 6 0
201k-225k 3 2 0.1 9
226k-250k 2 0
251k-275k 1 3 1 0.5 2
276k-300k 3 1 1 0.1 18
326k-350k 2 0
351k-375k 1 0
376k-400k 2 0
501k-550k 1 0.2 0
551k-600k 2 0
601k-650k 1 0
651k-700k 2 0
701k-750k 2 0
751k-800k 1 0
801k-850k 1 0
851k-900k 1 0
1.2m-1.3m 1 0.2 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2.25m-2.5m 2 0
2.75m-3m 1 0
3m-3.5m 1 0
3.5m-4m 2 0