Absorption Report

Kissimmee, 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 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 2 7 0.6 1.7
176k-200k 3 10 4 0.6 1.8
201k-225k 28 41 8 0.2 4.1
226k-250k 17 31 6 0.3 3.3
251k-275k 57 72 9 0.2 4.8
276k-300k 90 98 17 0.2 5.5
301k-325k 90 107 21 0.2 5
326k-350k 144 163 34 0.2 5.3
351k-375k 95 176 23 0.3 3.2
376k-400k 168 218 38 0.2 4.6
401k-425k 94 158 20 0.3 3.6
426k-450k 115 168 25 0.2 4.1
451k-475k 98 93 17 0.2 6.3
476k-500k 93 108 21 0.2 5.2
501k-550k 122 98 20 0.1 7.5
551k-600k 107 67 5 0.1 9.6
601k-650k 78 49 6 0.1 9.6
651k-700k 79 39 4 0.1 12.2
701k-750k 85 30 5 0.1 17
751k-800k 39 26 7 0.1 9
801k-850k 38 10 0 22.8
851k-900k 31 9 0 20.7
901k-950k 19 8 1 0.1 14.3
951k-1m 24 8 0.1 18
1m-1.1m 11 6 1 0.1 11
1.1m-1.2m 13 2 1 0 39
1.2m-1.3m 7 2 0 21
1.3m-1.4m 5 1 0 30
1.4m-1.5m 6 2 0.1 18
1.5m-1.6m 3 12 2 0.7 1.5
1.6m-1.7m 2 4 1 0.3 3
1.7m-1.8m 1 2 0.3 3
1.8m-1.9m 5 0
1.9m-2m 2 1 0.1 12
2m-2.25m 1 0
2.25m-2.5m 2 0
2.75m-3m 1 0
3m-3.5m 3 0
3.5m-4m 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
126k-150k 1 1 0.2 6
151k-175k 2 2 0.2 6
176k-200k 2 5 1 0.4 2.4
201k-225k 5 7 1 0.2 4.3
226k-250k 8 16 7 0.3 3
251k-275k 26 50 8 0.3 3.1
276k-300k 51 77 10 0.3 4
301k-325k 60 64 16 0.2 5.6
326k-350k 92 89 9 0.2 6.2
351k-375k 74 111 13 0.3 4
376k-400k 70 40 4 0.1 10.5
401k-425k 27 19 4 0.1 8.5
426k-450k 22 13 3 0.1 10.2
451k-475k 26 8 3 0.1 19.5
476k-500k 42 18 2 0.1 14
501k-550k 73 26 2 0.1 16.8
551k-600k 41 8 0 30.8
601k-650k 10 6 0.1 10
651k-700k 5 1 0 30

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
76k-100k 1 0
101k-125k 9 1 1.5 0
126k-150k 8 8 1 0.2 6
151k-175k 13 25 6 0.3 3.1
176k-200k 14 19 4 0.2 4.4
201k-225k 29 22 3 0.1 7.9
226k-250k 52 38 4 0.1 8.2
251k-275k 60 31 5 0.1 11.6
276k-300k 39 16 3 0.1 14.6
301k-325k 14 3 0 28
326k-350k 29 11 3 0.1 15.8
351k-375k 17 4 3 0 25.5
376k-400k 17 3 0 34
401k-425k 10 4 1 0.1 15
426k-450k 5 1 0 30
451k-475k 2 0
476k-500k 2 1 0.3 0
501k-550k 6 1 0 36
551k-600k 3 0
651k-700k 2 0
701k-750k 1 0
901k-950k 1 0

Land 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
1k-25k 8 1 0 48
26k-50k 86 22 4 0 23.5
51k-75k 54 37 3 0.1 8.8
76k-100k 10 1 0 60
101k-125k 3 2 1 0.1 9
126k-150k 12 5 0.1 14.4
151k-175k 7 4 1 0.1 10.5
176k-200k 3 1 0.1 18
201k-225k 2 1 0.1 12
226k-250k 3 2 0.1 9
251k-275k 2 1 0.1 12
276k-300k 6 1 0 36
301k-325k 1 1 0.2 6
326k-350k 7 0
351k-375k 1 0
376k-400k 3 0
401k-425k 1 1 0.2 6
426k-450k 3 1 0.1 18
451k-475k 1 1 0.2 0
476k-500k 3 0
501k-550k 5 0
551k-600k 2 1 0.1 12
601k-650k 1 0.2 0
651k-700k 2 0
701k-750k 1 1 0.2 0
751k-800k 1 1 0.2 0
801k-850k 1 0
851k-900k 1 0
901k-950k 2 0
951k-1m 5 0
1m-1.1m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.9m-2m 3 0
2.25m-2.5m 3 0
3m-3.5m 3 0
3.5m-4m 2 0
4m-4.5m 1 0
4.5m-5m 2 0
6.01m-7m 2 0
7.01m-8m 2 0
13.01m-14m 1 0