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 8 1.3 0.8
126k-150k 10 8 1 0.1 7.5
151k-175k 8 13 0.3 3.7
176k-200k 14 24 5 0.3 3.5
201k-225k 14 45 8 0.5 1.9
226k-250k 21 48 2 0.4 2.6
251k-275k 24 47 10 0.3 3.1
276k-300k 30 57 8 0.3 3.2
301k-325k 17 52 9 0.5 2
326k-350k 31 46 4 0.2 4
351k-375k 21 49 7 0.4 2.6
376k-400k 31 56 11 0.3 3.3
401k-425k 24 55 6 0.4 2.6
426k-450k 30 32 7 0.2 5.6
451k-475k 28 26 8 0.2 6.5
476k-500k 15 14 0.2 6.4
501k-550k 27 44 13 0.3 3.7
551k-600k 19 20 2 0.2 5.7
601k-650k 11 24 2 0.4 2.8
651k-700k 13 6 0.1 13
701k-750k 7 10 2 0.2 4.2
751k-800k 13 16 4 0.2 4.9
801k-850k 3 9 4 0.5 2
851k-900k 4 7 1 0.3 3.4
901k-950k 5 5 0.2 6
951k-1m 5 5 1 0.2 6
1m-1.1m 3 6 0.3 3
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 2 2 0.2 6
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 1 1 1 0.2 6
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
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
101k-125k 2 2 0.2 6
126k-150k 4 6 0.3 4
151k-175k 6 16 0.4 2.3
176k-200k 9 12 2 0.2 4.5
201k-225k 5 14 3 0.5 2.1
226k-250k 6 6 0.2 6
251k-275k 11 1 1.8 0
276k-300k 2 0
301k-325k 1 0
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
26k-50k 1 0.2 0
51k-75k 2 1 0.1 12
76k-100k 16 12 1 0.1 8
101k-125k 10 21 1 0.4 2.9
126k-150k 11 27 2 0.4 2.4
151k-175k 33 25 2 0.1 7.9
176k-200k 38 25 0.1 9.1
201k-225k 11 17 1 0.3 3.9
226k-250k 14 16 3 0.2 5.3
251k-275k 7 16 2 0.4 2.6
276k-300k 4 6 0.3 4
301k-325k 5 3 1 0.1 10
326k-350k 4 2 0.1 12
351k-375k 3 3 0.2 6
376k-400k 1 2 0.3 3
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 3 5 0.3 3.6
26k-50k 8 3 1 0.1 16
51k-75k 2 3 0.3 4
76k-100k 9 1 1 0 54
101k-125k 3 2 0.1 9
126k-150k 5 3 0.1 10
151k-175k 5 3 1 0.1 10
176k-200k 5 1 0 30
201k-225k 2 0
226k-250k 4 3 1 0.1 8
251k-275k 7 1 0 42
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
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
4.5m-5m 1 1 0.2 0
7.01m-8m 1 0
25.01m-26m 1 0