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 1 0.2 0
51k-75k 1 2 1 0.3 3
76k-100k 4 0.7 0
101k-125k 1 9 1.5 0.7
126k-150k 9 8 1 0.1 6.8
151k-175k 8 15 0.3 3.2
176k-200k 15 22 3 0.2 4.1
201k-225k 11 42 5 0.6 1.6
226k-250k 22 50 0.4 2.6
251k-275k 23 47 7 0.3 2.9
276k-300k 30 57 6 0.3 3.2
301k-325k 18 49 4 0.5 2.2
326k-350k 38 45 7 0.2 5.1
351k-375k 18 48 4 0.4 2.3
376k-400k 31 54 8 0.3 3.4
401k-425k 27 56 9 0.3 2.9
426k-450k 28 29 2 0.2 5.8
451k-475k 30 28 5 0.2 6.4
476k-500k 19 15 0.1 7.6
501k-550k 27 39 5 0.2 4.2
551k-600k 17 23 3 0.2 4.4
601k-650k 12 24 1 0.3 3
651k-700k 12 8 1 0.1 9
701k-750k 8 10 3 0.2 4.8
751k-800k 14 15 2 0.2 5.6
801k-850k 5 9 1 0.3 3.3
851k-900k 4 7 0.3 3.4
901k-950k 4 5 0.2 4.8
951k-1m 5 5 2 0.2 6
1m-1.1m 2 6 1 0.5 2
1.1m-1.2m 5 4 0.1 7.5
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 1 2 1 0.3 3
1.4m-1.5m 4 1 0 24
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 1 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 2 0.3 0
2m-2.25m 3 1 0.5 0
2.25m-2.5m 1 0.2 0
3m-3.5m 1 0.2 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
101k-125k 2 2 1 0.2 6
126k-150k 4 7 0.3 3.4
151k-175k 8 16 2 0.3 3
176k-200k 12 11 1 0.2 6.5
201k-225k 4 15 2 0.6 1.6
226k-250k 5 6 0.2 5
251k-275k 1 11 1 1.8 0.5
276k-300k 2 0
301k-325k 1 1 0.2 6
401k-425k 1 0.2 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
51k-75k 1 2 1 0.3 3
76k-100k 19 13 1 0.1 8.8
101k-125k 12 22 1 0.3 3.3
126k-150k 11 28 2 0.4 2.4
151k-175k 32 27 2 0.1 7.1
176k-200k 40 27 1 0.1 8.9
201k-225k 12 22 1 0.3 3.3
226k-250k 18 15 3 0.1 7.2
251k-275k 8 17 3 0.4 2.8
276k-300k 5 6 0.2 5
301k-325k 6 2 0.1 18
326k-350k 3 2 1 0.1 9
351k-375k 3 4 0.2 4.5
376k-400k 1 3 0.5 2
401k-425k 2 1 0.1 12
426k-450k 1 0
451k-475k 2 0
476k-500k 1 1 0.2 0
501k-550k 2 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 4 5 0.2 4.8
26k-50k 5 3 1 0.1 10
51k-75k 2 4 0.3 3
76k-100k 9 1 1 0 54
101k-125k 3 2 0.1 9
126k-150k 5 3 0.1 10
151k-175k 5 2 0.1 15
176k-200k 6 1 0 36
201k-225k 1 0
226k-250k 5 3 1 0.1 10
251k-275k 6 2 0.1 18
276k-300k 3 2 0.1 9
301k-325k 2 1 0.1 12
326k-350k 1 0
351k-375k 1 0
376k-400k 3 0
401k-425k 1 1 0.2 0
426k-450k 2 0
451k-475k 1 0
476k-500k 2 0
551k-600k 2 0
601k-650k 1 0
651k-700k 1 0
751k-800k 1 0.2 0
851k-900k 1 0
951k-1m 2 0
1m-1.1m 1 0
1.1m-1.2m 1 0.2 0
1.2m-1.3m 2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0.2 0
2.75m-3m 2 0
3m-3.5m 3 0
3.5m-4m 1 0
4m-4.5m 1 0
7.01m-8m 1 0
25.01m-26m 1 0