Absorption Report

Estero, Barletta

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
151k-175k 1 0
176k-200k 1 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 4 1 0.7 0
276k-300k 7 1 1.2 0
301k-325k 3 12 2 0.7 1.5
326k-350k 25 72 6 0.5 2.1
351k-375k 51 86 15 0.3 3.6
376k-400k 101 153 36 0.3 4
401k-425k 80 143 14 0.3 3.4
426k-450k 134 104 25 0.1 7.7
451k-475k 80 104 21 0.2 4.6
476k-500k 80 108 23 0.2 4.4
501k-550k 80 154 42 0.3 3.1
551k-600k 61 83 19 0.2 4.4
601k-650k 38 45 13 0.2 5.1
651k-700k 28 45 8 0.3 3.7
701k-750k 36 27 9 0.1 8
751k-800k 31 20 4 0.1 9.3
801k-850k 9 15 3 0.3 3.6
851k-900k 18 14 2 0.1 7.7
901k-950k 12 11 3 0.2 6.5
951k-1m 15 8 2 0.1 11.3
1m-1.1m 11 4 1 0.1 16.5
1.1m-1.2m 7 15 7 0.4 2.8
1.2m-1.3m 9 5 3 0.1 10.8
1.3m-1.4m 3 3 1 0.2 6
1.4m-1.5m 7 6 2 0.1 7
1.5m-1.6m 3 6 2 0.3 3
1.6m-1.7m 5 3 0.1 10
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 1 2 0.3 3
1.9m-2m 2 1 0.1 12
2m-2.25m 6 3 1 0.1 12
2.25m-2.5m 7 2 1 0 21
2.5m-2.75m 1 2 1 0.3 3
2.75m-3m 4 2 0.1 12
3m-3.5m 3 2 0.1 9
3.5m-4m 3 3 1 0.2 6
4m-4.5m 2 0
4.5m-5m 2 0
5.01m-6m 3 1 0.1 18
6.01m-7m 5 0
7.01m-8m 1 1 0.2 6
8.01m-9m 1 0
9.01m-10m 2 0
18.01m-19m 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
176k-200k 1 1 0.2 0
201k-225k 1 0.2 0
226k-250k 1 4 2 0.7 1.5
251k-275k 7 3 1.2 0
276k-300k 4 13 2 0.5 1.8
301k-325k 7 28 3 0.7 1.5
326k-350k 39 34 6 0.1 6.9
351k-375k 20 19 2 0.2 6.3
376k-400k 4 7 1 0.3 3.4
401k-425k 2 2 0.2 6
426k-450k 7 1 0 42
451k-475k 6 0
651k-700k 1 0
951k-1m 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 2 0.3 3
126k-150k 1 6 1 1 1
151k-175k 2 4 0.3 3
176k-200k 5 5 0.2 6
201k-225k 4 6 1 0.3 4
226k-250k 7 7 1 0.2 6
251k-275k 5 8 1 0.3 3.8
276k-300k 8 3 1 0.1 16
301k-325k 12 10 2 0.1 7.2
326k-350k 11 6 0.1 11
351k-375k 9 7 0.1 7.7
376k-400k 3 4 0.2 4.5
401k-425k 4 5 1 0.2 4.8
426k-450k 4 10 1 0.4 2.4
451k-475k 3 3 0.2 6
476k-500k 8 9 4 0.2 5.3
501k-550k 8 7 2 0.1 6.9
551k-600k 7 2 0 21
601k-650k 7 6 2 0.1 7
651k-700k 3 6 2 0.3 3
701k-750k 2 4 1 0.3 3
751k-800k 4 1 0 24
801k-850k 1 2 0.3 3
851k-900k 3 1 0.1 18
901k-950k 1 0.2 0
951k-1m 1 0.2 0
1m-1.1m 2 2 0.2 6
1.2m-1.3m 1 1 0.2 6
1.3m-1.4m 2 2 0.2 6
1.6m-1.7m 1 0
1.9m-2m 1 0