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 10 8 1 0.1 7.5
151k-175k 8 15 0.3 3.2
176k-200k 15 23 3 0.3 3.9
201k-225k 12 42 4 0.6 1.7
226k-250k 22 50 0.4 2.6
251k-275k 23 47 7 0.3 2.9
276k-300k 29 59 8 0.3 2.9
301k-325k 19 52 6 0.5 2.2
326k-350k 36 46 8 0.2 4.7
351k-375k 19 50 6 0.4 2.3
376k-400k 31 54 7 0.3 3.4
401k-425k 27 57 9 0.4 2.8
426k-450k 29 31 4 0.2 5.6
451k-475k 31 28 5 0.2 6.6
476k-500k 17 15 0.1 6.8
501k-550k 28 41 7 0.2 4.1
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 7 10 3 0.2 4.2
751k-800k 13 16 3 0.2 4.9
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 11 11 1 0.2 6
201k-225k 5 15 2 0.5 2
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 20 13 1 0.1 9.2
101k-125k 12 22 1 0.3 3.3
126k-150k 11 28 2 0.4 2.4
151k-175k 33 27 2 0.1 7.3
176k-200k 39 26 1 0.1 9
201k-225k 12 23 1 0.3 3.1
226k-250k 17 15 2 0.1 6.8
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