Absorption Report

Gainesville, 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 2 1 0.3 0
51k-75k 1 4 2 0.7 1.5
76k-100k 3 0.5 0
101k-125k 3 7 2 0.4 2.6
126k-150k 12 6 2 0.1 12
151k-175k 5 13 4 0.4 2.3
176k-200k 8 22 3 0.5 2.2
201k-225k 17 43 4 0.4 2.4
226k-250k 24 49 12 0.3 2.9
251k-275k 23 41 4 0.3 3.4
276k-300k 27 52 7 0.3 3.1
301k-325k 14 50 9 0.6 1.7
326k-350k 26 46 9 0.3 3.4
351k-375k 19 44 6 0.4 2.6
376k-400k 34 53 6 0.3 3.8
401k-425k 17 48 4 0.5 2.1
426k-450k 27 33 10 0.2 4.9
451k-475k 24 30 6 0.2 4.8
476k-500k 15 16 3 0.2 5.6
501k-550k 25 40 7 0.3 3.8
551k-600k 18 17 2 0.2 6.4
601k-650k 10 22 4 0.4 2.7
651k-700k 10 6 1 0.1 10
701k-750k 6 11 2 0.3 3.3
751k-800k 11 14 2 0.2 4.7
801k-850k 2 10 3 0.8 1.2
851k-900k 3 7 2 0.4 2.6
901k-950k 5 7 2 0.2 4.3
951k-1m 4 4 1 0.2 6
1m-1.1m 2 7 1 0.6 1.7
1.1m-1.2m 4 3 2 0.1 8
1.2m-1.3m 5 2 2 0.1 15
1.3m-1.4m 2 0.3 0
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 4 2 0.7 0
2.25m-2.5m 1 0.2 0
2.75m-3m 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
76k-100k 1 0
101k-125k 1 2 0.3 3
126k-150k 3 5 0.3 3.6
151k-175k 6 16 2 0.4 2.3
176k-200k 10 9 1 0.2 6.7
201k-225k 5 13 2 0.4 2.3
226k-250k 5 3 0.1 10
251k-275k 3 8 1 0.4 2.3
276k-300k 2 0
301k-325k 1 0
401k-425k 1 0.2 0
451k-475k 1 0
476k-500k 1 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
26k-50k 1 0.2 0
51k-75k 2 2 1 0.2 6
76k-100k 15 11 2 0.1 8.2
101k-125k 12 16 1 0.2 4.5
126k-150k 18 20 1 0.2 5.4
151k-175k 25 26 6 0.2 5.8
176k-200k 35 20 4 0.1 10.5
201k-225k 9 17 2 0.3 3.2
226k-250k 13 15 2 0.2 5.2
251k-275k 8 12 0.3 4
276k-300k 5 5 1 0.2 6
301k-325k 6 2 0.1 18
326k-350k 2 3 1 0.3 4
351k-375k 3 1 0.1 18
376k-400k 1 1 0.2 6
401k-425k 1 1 0.2 6
426k-450k 1 0
451k-475k 2 0
476k-500k 1 0.2 0
501k-550k 1 0
551k-600k 2 0
601k-650k 1 0
651k-700k 1 0
701k-750k 3 0
751k-800k 1 0
801k-850k 1 0
851k-900k 1 0
901k-950k 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 2 1 0.1 12
26k-50k 4 3 0.1 8
51k-75k 1 3 0.5 2
76k-100k 9 1 0 54
101k-125k 3 1 0.1 18
126k-150k 7 3 0.1 14
151k-175k 4 2 0.1 12
176k-200k 4 1 0 24
201k-225k 2 0
226k-250k 6 2 0.1 18
251k-275k 7 0
276k-300k 3 2 0.1 9
301k-325k 1 0.2 0
326k-350k 1 0
376k-400k 2 0
401k-425k 2 1 0.3 0
426k-450k 2 0
451k-475k 1 0
476k-500k 2 1 1 0.1 12
551k-600k 2 0
651k-700k 1 0
751k-800k 1 0.2 0
851k-900k 1 0
951k-1m 2 0
1.2m-1.3m 2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
1.8m-1.9m 2 0
1.9m-2m 1 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 0
3m-3.5m 1 0
3.5m-4m 1 0
4.5m-5m 1 0.2 0
7.01m-8m 1 0
25.01m-26m 1 0