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 2 7 0.6 1.7
176k-200k 3 10 4 0.6 1.8
201k-225k 27 41 8 0.3 4
226k-250k 20 31 6 0.3 3.9
251k-275k 59 72 9 0.2 4.9
276k-300k 88 100 19 0.2 5.3
301k-325k 90 107 21 0.2 5
326k-350k 147 165 36 0.2 5.3
351k-375k 95 176 23 0.3 3.2
376k-400k 169 218 38 0.2 4.7
401k-425k 95 158 20 0.3 3.6
426k-450k 115 168 25 0.2 4.1
451k-475k 102 94 18 0.2 6.5
476k-500k 92 108 21 0.2 5.1
501k-550k 123 98 20 0.1 7.5
551k-600k 106 68 6 0.1 9.4
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 38 26 7 0.1 8.8
801k-850k 38 10 0 22.8
851k-900k 32 9 0 21.3
901k-950k 19 8 1 0.1 14.3
951k-1m 24 8 0.1 18
1m-1.1m 12 6 1 0.1 12
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 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 1 2 0.3 3
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 51 9 0.3 3.1
276k-300k 51 77 10 0.3 4
301k-325k 61 64 16 0.2 5.7
326k-350k 92 89 9 0.2 6.2
351k-375k 74 111 13 0.3 4
376k-400k 71 40 4 0.1 10.7
401k-425k 27 19 4 0.1 8.5
426k-450k 21 13 3 0.1 9.7
451k-475k 26 8 3 0.1 19.5
476k-500k 42 18 2 0.1 14
501k-550k 71 26 2 0.1 16.4
551k-600k 42 8 0 31.5
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 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 8 8 1 0.2 6
151k-175k 13 25 6 0.3 3.1
176k-200k 15 19 4 0.2 4.7
201k-225k 31 22 3 0.1 8.5
226k-250k 53 38 4 0.1 8.4
251k-275k 61 31 5 0.1 11.8
276k-300k 38 16 3 0.1 14.3
301k-325k 14 3 0 28
326k-350k 28 11 3 0.1 15.3
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 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 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 8 4 1 0.1 12
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