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 32 7 0.3 3.8
251k-275k 58 72 9 0.2 4.8
276k-300k 87 100 19 0.2 5.2
301k-325k 93 109 23 0.2 5.1
326k-350k 151 165 36 0.2 5.5
351k-375k 96 176 24 0.3 3.3
376k-400k 173 219 36 0.2 4.7
401k-425k 96 156 20 0.3 3.7
426k-450k 118 171 27 0.2 4.1
451k-475k 98 98 21 0.2 6
476k-500k 93 108 20 0.2 5.2
501k-550k 126 99 21 0.1 7.6
551k-600k 104 68 6 0.1 9.2
601k-650k 79 48 4 0.1 9.9
651k-700k 78 38 4 0.1 12.3
701k-750k 85 31 6 0.1 16.5
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 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
2.5m-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 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 9 16 7 0.3 3.4
251k-275k 26 51 10 0.3 3.1
276k-300k 53 79 12 0.2 4
301k-325k 60 63 15 0.2 5.7
326k-350k 90 89 9 0.2 6.1
351k-375k 78 113 14 0.2 4.1
376k-400k 71 40 4 0.1 10.7
401k-425k 26 19 4 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 18 1 0.1 14.3
501k-550k 71 26 3 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 26 6 0.3 3
176k-200k 15 19 4 0.2 4.7
201k-225k 30 22 3 0.1 8.2
226k-250k 54 38 3 0.1 8.5
251k-275k 61 30 5 0.1 12.2
276k-300k 38 16 3 0.1 14.3
301k-325k 14 3 0 28
326k-350k 28 10 3 0.1 16.8
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 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 87 22 2 0 23.7
51k-75k 53 38 3 0.1 8.4
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 4 1 0 24
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