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 9 15 0.3 3.6
176k-200k 15 23 4 0.3 3.9
201k-225k 13 42 4 0.5 1.9
226k-250k 22 50 1 0.4 2.6
251k-275k 26 47 8 0.3 3.3
276k-300k 28 59 8 0.4 2.8
301k-325k 19 51 6 0.4 2.2
326k-350k 36 46 8 0.2 4.7
351k-375k 20 50 6 0.4 2.4
376k-400k 31 55 8 0.3 3.4
401k-425k 29 55 9 0.3 3.2
426k-450k 32 30 4 0.2 6.4
451k-475k 27 28 6 0.2 5.8
476k-500k 18 15 0.1 7.2
501k-550k 26 42 8 0.3 3.7
551k-600k 16 21 3 0.2 4.6
601k-650k 12 23 1 0.3 3.1
651k-700k 13 8 1 0.1 9.8
701k-750k 6 10 3 0.3 3.6
751k-800k 13 16 3 0.2 4.9
801k-850k 4 8 1 0.3 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 3 6 1 0.3 3
1.1m-1.2m 4 4 0.2 6
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

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 10 11 1 0.2 5.5
201k-225k 5 15 3 0.5 2
226k-250k 6 6 0.2 6
251k-275k 1 11 1 1.8 0.5
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
51k-75k 1 1 1 0.2 6
76k-100k 18 13 1 0.1 8.3
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 38 25 1 0.1 9.1
201k-225k 12 23 1 0.3 3.1
226k-250k 16 15 2 0.2 6.4
251k-275k 7 17 3 0.4 2.5
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 3 0.2 6
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 3 5 0.3 3.6
26k-50k 6 3 1 0.1 12
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 1 0
226k-250k 6 3 1 0.1 12
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
4.5m-5m 1 1 0.2 0
7.01m-8m 1 0
25.01m-26m 1 0