Absorption Report

Hudson, 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
101k-125k 2 3 3 0.3 4
126k-150k 2 5 3 0.4 2.4
151k-175k 5 4 2 0.1 7.5
176k-200k 11 19 2 0.3 3.5
201k-225k 12 28 3 0.4 2.6
226k-250k 20 30 5 0.3 4
251k-275k 22 33 7 0.3 4
276k-300k 36 43 7 0.2 5
301k-325k 32 42 11 0.2 4.6
326k-350k 39 48 10 0.2 4.9
351k-375k 20 38 3 0.3 3.2
376k-400k 29 19 5 0.1 9.2
401k-425k 18 10 1 0.1 10.8
426k-450k 12 15 0.2 4.8
451k-475k 11 7 0.1 9.4
476k-500k 9 7 0.1 7.7
501k-550k 4 14 3 0.6 1.7
551k-600k 6 4 0.1 9
601k-650k 5 3 0.1 10
651k-700k 2 4 1 0.3 3
701k-750k 2 1 0.1 12
751k-800k 2 1 0.1 12
801k-850k 3 5 0.3 3.6
851k-900k 7 4 2 0.1 10.5
901k-950k 4 3 1 0.1 8
951k-1m 3 2 0.1 9
1m-1.1m 1 0.2 0
1.1m-1.2m 1 1 0.2 6
1.4m-1.5m 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
226k-250k 1 0.2 0
251k-275k 1 1 0.2 6
301k-325k 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
101k-125k 2 5 1 0.4 2.4
126k-150k 6 10 3 0.3 3.6
151k-175k 18 11 0.1 9.8
176k-200k 10 5 2 0.1 12
201k-225k 4 1 0 24
226k-250k 2 1 0.3 0
251k-275k 1 0
276k-300k 1 0
301k-325k 2 2 0.2 6
351k-375k 1 0
401k-425k 1 0.2 0
426k-450k 2 1 0.1 12
451k-475k 1 0

Land 1% 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 4 1 0.2 4.5
26k-50k 30 4 1 0 45
51k-75k 26 2 0 78
76k-100k 21 6 1 0 21
101k-125k 7 1 0 42
126k-150k 14 1 0 84
151k-175k 4 2 1 0.1 12
176k-200k 5 0
201k-225k 6 0
226k-250k 2 0
251k-275k 2 0
276k-300k 4 1 0 24
301k-325k 2 1 0.1 12
326k-350k 1 0
351k-375k 3 2 0.1 9
376k-400k 3 0
426k-450k 1 0
451k-475k 1 0
476k-500k 6 0
501k-550k 1 0
601k-650k 1 0.2 0
651k-700k 1 0
701k-750k 4 0
751k-800k 2 0
801k-850k 1 0
851k-900k 2 0
951k-1m 1 0
1m-1.1m 1 0
1.2m-1.3m 1 0
1.6m-1.7m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
4.5m-5m 1 0
5.01m-6m 1 0
6.01m-7m 1 0