Absorption Report

Englewood, 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 1 0.2 0
101k-125k 2 0.3 0
126k-150k 1 3 1 0.5 2
151k-175k 8 4 1.3 0
176k-200k 5 3 1 0.1 10
201k-225k 8 7 2 0.1 6.9
226k-250k 15 13 2 0.1 6.9
251k-275k 14 17 3 0.2 4.9
276k-300k 34 32 4 0.2 6.4
301k-325k 22 20 2 0.2 6.6
326k-350k 37 37 8 0.2 6
351k-375k 34 18 4 0.1 11.3
376k-400k 44 22 0.1 12
401k-425k 24 20 4 0.1 7.2
426k-450k 19 10 1 0.1 11.4
451k-475k 24 13 3 0.1 11.1
476k-500k 27 13 2 0.1 12.5
501k-550k 28 16 1 0.1 10.5
551k-600k 19 10 1 0.1 11.4
601k-650k 10 11 1 0.2 5.5
651k-700k 16 10 1 0.1 9.6
701k-750k 12 8 2 0.1 9
751k-800k 15 7 0.1 12.9
801k-850k 7 5 1 0.1 8.4
851k-900k 7 4 1 0.1 10.5
901k-950k 4 2 1 0.1 12
951k-1m 5 2 1 0.1 15
1m-1.1m 1 2 0.3 3
1.1m-1.2m 3 2 1 0.1 9
1.2m-1.3m 2 0
1.3m-1.4m 4 2 1 0.1 12
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 1 0
1.6m-1.7m 2 2 0.2 6
1.7m-1.8m 2 0
1.8m-1.9m 2 1 0.1 12
1.9m-2m 1 0
2m-2.25m 3 0
2.25m-2.5m 4 0
2.5m-2.75m 2 1 0.1 12
2.75m-3m 1 0
3m-3.5m 2 1 0.1 12
3.5m-4m 1 1 0.2 6
4m-4.5m 1 2 0.3 3
11.01m-12m 1 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
201k-225k 1 0
401k-425k 1 0
501k-550k 1 0
551k-600k 1 0
951k-1m 1 0

Condos 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
51k-75k 1 0
101k-125k 4 4 0.2 6
126k-150k 8 1 0 48
151k-175k 6 2 1 0.1 18
176k-200k 13 1 0 78
201k-225k 9 2 0 27
226k-250k 19 1 0 114
251k-275k 11 1 0 66
276k-300k 11 1 0 66
301k-325k 6 2 0.1 18
326k-350k 2 2 0.2 6
351k-375k 4 0
376k-400k 4 0
401k-425k 1 0.2 0
426k-450k 3 3 0.2 6
451k-475k 2 0
476k-500k 1 0
501k-550k 3 1 0.1 18
551k-600k 8 1 0 48
601k-650k 3 0
651k-700k 2 1 0.1 12
751k-800k 1 1 0.2 6
801k-850k 2 2 1 0.2 6
1.3m-1.4m 1 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 29 36 5 0.2 4.8
26k-50k 129 22 3 0 35.2
51k-75k 57 3 2 0 114
76k-100k 24 3 1 0 48
101k-125k 5 3 2 0.1 10
126k-150k 7 1 0 42
151k-175k 3 0
176k-200k 6 0
201k-225k 4 0
226k-250k 3 0
251k-275k 1 1 0.2 6
276k-300k 5 0
301k-325k 2 0
326k-350k 2 0
351k-375k 1 0
376k-400k 5 0
401k-425k 1 0
426k-450k 3 0
476k-500k 1 0.2 0
551k-600k 3 1 0.1 18
601k-650k 2 0
751k-800k 2 0
801k-850k 1 0
851k-900k 1 0
901k-950k 1 0
951k-1m 3 0
1m-1.1m 5 0
1.1m-1.2m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.5m-1.6m 2 0
1.9m-2m 3 0
2.25m-2.5m 2 0
2.5m-2.75m 2 0
3m-3.5m 1 0
4m-4.5m 1 0
6.01m-7m 1 0.2 0