Absorption Report

Clermont, Groveland, Minneola, Montverde, Winter Garden, Manufactured/Mobile, Lake Minneola High


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 Since 12/31 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
126k-150k 1 0.2 0
151k-175k 1 1 0.2 6
176k-200k 1 2 0.3 3
201k-225k 2 0.3 0
226k-250k 5 5 2 0.2 6
251k-275k 3 8 3 0.4 2.3
276k-300k 8 12 1 0.3 4
301k-325k 17 20 6 0.2 5.1
326k-350k 32 37 9 0.2 5.2
351k-375k 53 31 6 0.1 10.3
376k-400k 54 41 8 0.1 7.9
401k-425k 39 34 9 0.1 6.9
426k-450k 68 28 4 0.1 14.6
451k-475k 30 22 2 0.1 8.2
476k-500k 46 29 4 0.1 9.5
501k-550k 48 58 6 0.2 5
551k-600k 35 36 8 0.2 5.8
601k-650k 32 21 3 0.1 9.1
651k-700k 25 36 4 0.2 4.2
701k-750k 16 15 2 0.2 6.4
751k-800k 25 19 3 0.1 7.9
801k-850k 8 10 1 0.2 4.8
851k-900k 16 13 2 0.1 7.4
901k-950k 8 10 2 0.2 4.8
951k-1m 18 7 0.1 15.4
1m-1.1m 11 7 1 0.1 9.4
1.1m-1.2m 9 6 1 0.1 9
1.2m-1.3m 8 15 4 0.3 3.2
1.3m-1.4m 10 6 0.1 10
1.4m-1.5m 4 6 3 0.3 4
1.5m-1.6m 4 2 0.1 12
1.6m-1.7m 7 5 1 0.1 8.4
1.7m-1.8m 9 1 1 0 54
1.8m-1.9m 4 6 3 0.3 4
1.9m-2m 8 5 1 0.1 9.6
2m-2.25m 13 14 1 0.2 5.6
2.25m-2.5m 20 5 1 0 24
2.5m-2.75m 7 3 2 0.1 14
2.75m-3m 15 5 1 0.1 18
3m-3.5m 4 8 1 0.3 3
3.5m-4m 11 8 3 0.1 8.3
4m-4.5m 9 2 0 27
4.5m-5m 9 1 0 54
5.01m-6m 7 1 0 42
6.01m-7m 7 4 0.1 10.5
7.01m-8m 2 1 0.1 12
8.01m-9m 4 0
9.01m-10m 2 2 0.3 0
10.01m-11m 1 0
11.01m-12m 2 1 0.1 12
12.01m-13m 3 0
14.01m-15m 1 0
15.01m-16m 1 0
19.01m-20m 1 1 0.2 6
20.01m-21m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
226k-250k 1 0
251k-275k 1 0
276k-300k 2 0
301k-325k 1 1 0.2 6
326k-350k 1 11 7 1.8 0.5
351k-375k 2 16 3 1.3 0.8
376k-400k 12 10 2 0.1 7.2
401k-425k 2 8 1 0.7 1.5
426k-450k 5 3 2 0.1 10
451k-475k 1 2 1 0.3 3
476k-500k 4 4 0.2 6
501k-550k 9 1 1 0 54
551k-600k 3 0
651k-700k 2 0.3 0
801k-850k 1 1 0.2 0
851k-900k 1 0
901k-950k 1 0
951k-1m 1 0.2 0
1m-1.1m 1 1 0.2 0
1.2m-1.3m 2 0.3 0
1.3m-1.4m 1 3 0.5 2
1.4m-1.5m 1 0.2 0
1.8m-1.9m 1 0
2.75m-3m 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0.2 0
126k-150k 1 0.2 0
151k-175k 4 1 0.7 0
176k-200k 2 2 1 0.2 6
201k-225k 4 2 0.1 12
226k-250k 6 7 2 0.2 5.1
251k-275k 12 10 4 0.1 7.2
276k-300k 11 9 2 0.1 7.3
301k-325k 13 6 2 0.1 13
326k-350k 12 12 2 0.2 6
351k-375k 7 3 0.1 14
376k-400k 7 7 1 0.2 6
401k-425k 4 3 2 0.1 8
426k-450k 7 3 1 0.1 14
451k-475k 2 1 1 0.1 12
476k-500k 6 5 1 0.1 7.2
501k-550k 9 7 0.1 7.7
551k-600k 13 3 1 0 26
601k-650k 7 8 2 0.2 5.3
651k-700k 9 7 3 0.1 7.7
701k-750k 8 8 1 0.2 6
751k-800k 6 8 2 0.2 4.5
801k-850k 6 7 3 0.2 5.1
851k-900k 3 6 1 0.3 3
901k-950k 1 8 1 1.3 0.8
951k-1m 5 8 1 0.3 3.8
1m-1.1m 11 9 1 0.1 7.3
1.1m-1.2m 11 14 1 0.2 4.7
1.2m-1.3m 4 12 1 0.5 2
1.3m-1.4m 3 12 0.7 1.5
1.4m-1.5m 1 8 1 1.3 0.8
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 4 3 0.1 8
1.7m-1.8m 8 3 1 0.1 16
1.8m-1.9m 1 2 0.3 3
1.9m-2m 5 0
2m-2.25m 1 3 0.5 2
2.25m-2.5m 7 1 0 42
2.5m-2.75m 8 4 0.1 12
2.75m-3m 2 1 0.1 12
3m-3.5m 7 10 2 0.2 4.2
3.5m-4m 10 2 0 30
4m-4.5m 3 2 0.1 9
4.5m-5m 3 2 0.1 9
5.01m-6m 5 2 1 0.1 15
6.01m-7m 1 0
8.01m-9m 3 1 0.1 18