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 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
126k-150k 1 0.2 0
151k-175k 1 6 1 1
176k-200k 4 9 4 0.4 2.7
201k-225k 27 41 8 0.3 4
226k-250k 19 32 4 0.3 3.6
251k-275k 65 70 6 0.2 5.6
276k-300k 90 102 21 0.2 5.3
301k-325k 94 110 23 0.2 5.1
326k-350k 151 171 38 0.2 5.3
351k-375k 96 179 26 0.3 3.2
376k-400k 166 225 42 0.2 4.4
401k-425k 96 156 22 0.3 3.7
426k-450k 121 168 23 0.2 4.3
451k-475k 101 100 18 0.2 6.1
476k-500k 95 114 20 0.2 5
501k-550k 122 95 19 0.1 7.7
551k-600k 103 68 8 0.1 9.1
601k-650k 81 48 1 0.1 10.1
651k-700k 76 38 6 0.1 12
701k-750k 85 32 6 0.1 15.9
751k-800k 39 26 5 0.1 9
801k-850k 38 10 0 22.8
851k-900k 29 9 0.1 19.3
901k-950k 18 8 0.1 13.5
951k-1m 26 8 0.1 19.5
1m-1.1m 13 6 0.1 13
1.1m-1.2m 13 2 0 39
1.2m-1.3m 6 2 0.1 18
1.3m-1.4m 4 1 0 24
1.4m-1.5m 5 1 0 30
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 2 2 0.2 6
1.8m-1.9m 5 0
1.9m-2m 2 2 1 0.2 6
2m-2.25m 1 0
2.25m-2.5m 2 0
2.5m-2.75m 1 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 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
126k-150k 1 1 0.2 6
151k-175k 2 2 0.2 6
176k-200k 2 4 1 0.3 3
201k-225k 4 7 1 0.3 3.4
226k-250k 8 15 5 0.3 3.2
251k-275k 25 50 7 0.3 3
276k-300k 56 80 11 0.2 4.2
301k-325k 56 63 7 0.2 5.3
326k-350k 92 84 10 0.2 6.6
351k-375k 78 111 10 0.2 4.2
376k-400k 72 39 6 0.1 11.1
401k-425k 26 19 3 0.1 8.2
426k-450k 22 13 3 0.1 10.2
451k-475k 26 8 3 0.1 19.5
476k-500k 43 19 3 0.1 13.6
501k-550k 71 25 2 0.1 17
551k-600k 44 8 0 33
601k-650k 9 6 0.1 9
651k-700k 5 1 0 30

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
76k-100k 1 0
101k-125k 9 1 1.5 0
126k-150k 7 9 1 0.2 4.7
151k-175k 11 27 7 0.4 2.4
176k-200k 14 19 5 0.2 4.4
201k-225k 32 23 4 0.1 8.3
226k-250k 56 38 4 0.1 8.8
251k-275k 59 29 5 0.1 12.2
276k-300k 38 15 3 0.1 15.2
301k-325k 14 4 1 0 21
326k-350k 26 10 3 0.1 15.6
351k-375k 17 4 1 0 25.5
376k-400k 16 3 0 32
401k-425k 9 4 1 0.1 13.5
426k-450k 7 1 0 42
451k-475k 2 0
476k-500k 2 0.3 0
501k-550k 6 1 0 36
551k-600k 2 0
651k-700k 2 0
701k-750k 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 8 2 1 0 24
26k-50k 86 22 1 0 23.5
51k-75k 51 38 3 0.1 8.1
76k-100k 8 1 0 48
101k-125k 3 2 1 0.1 9
126k-150k 12 5 0.1 14.4
151k-175k 9 4 1 0.1 13.5
176k-200k 5 1 0 30
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 1 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