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
151k-175k 1 5 1 0.8 1.2
176k-200k 2 15 2 1.3 0.8
201k-225k 25 37 2 0.2 4.1
226k-250k 24 40 4 0.3 3.6
251k-275k 38 81 21 0.4 2.8
276k-300k 89 94 19 0.2 5.7
301k-325k 115 113 19 0.2 6.1
326k-350k 155 162 25 0.2 5.7
351k-375k 104 183 34 0.3 3.4
376k-400k 137 218 35 0.3 3.8
401k-425k 82 138 18 0.3 3.6
426k-450k 122 138 22 0.2 5.3
451k-475k 96 80 10 0.1 7.2
476k-500k 89 112 17 0.2 4.8
501k-550k 128 87 14 0.1 8.8
551k-600k 98 64 11 0.1 9.2
601k-650k 71 50 6 0.1 8.5
651k-700k 81 46 11 0.1 10.6
701k-750k 73 27 2 0.1 16.2
751k-800k 37 19 1 0.1 11.7
801k-850k 36 7 1 0 30.9
851k-900k 26 7 2 0 22.3
901k-950k 20 7 1 0.1 17.1
951k-1m 23 8 1 0.1 17.3
1m-1.1m 14 7 2 0.1 12
1.1m-1.2m 9 2 0 27
1.2m-1.3m 8 2 1 0 24
1.3m-1.4m 4 2 1 0.1 12
1.4m-1.5m 6 0
1.5m-1.6m 6 10 0.3 3.6
1.6m-1.7m 1 5 1 0.8 1.2
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 5 0
1.9m-2m 2 1 0.1 12
2m-2.25m 1 0
2.25m-2.5m 1 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
101k-125k 1 0
126k-150k 1 2 1 0.3 3
151k-175k 1 1 0.2 6
176k-200k 2 0.3 0
201k-225k 5 7 0.2 4.3
226k-250k 13 16 2 0.2 4.9
251k-275k 30 46 8 0.3 3.9
276k-300k 52 77 16 0.2 4.1
301k-325k 68 57 8 0.1 7.2
326k-350k 80 77 17 0.2 6.2
351k-375k 64 88 11 0.2 4.4
376k-400k 60 36 8 0.1 10
401k-425k 25 19 5 0.1 7.9
426k-450k 27 13 1 0.1 12.5
451k-475k 29 6 1 0 29
476k-500k 49 18 2 0.1 16.3
501k-550k 73 28 6 0.1 15.6
551k-600k 39 6 0 39
601k-650k 11 3 1 0 22
651k-700k 2 0
701k-750k 1 1 0.2 0
751k-800k 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 3 0.5 0
126k-150k 10 6 1 0.1 10
151k-175k 14 27 6 0.3 3.1
176k-200k 20 20 5 0.2 6
201k-225k 31 21 1 0.1 8.9
226k-250k 72 29 2 0.1 14.9
251k-275k 53 20 3 0.1 15.9
276k-300k 33 13 1 0.1 15.2
301k-325k 17 4 0 25.5
326k-350k 29 11 2 0.1 15.8
351k-375k 22 4 0 33
376k-400k 11 3 0 22
401k-425k 12 3 0 24
426k-450k 7 1 0 42
476k-500k 3 1 0.1 18
501k-550k 4 2 0.1 12
551k-600k 1 0
651k-700k 3 0
701k-750k 2 0
851k-900k 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 3 2 0.1 16
26k-50k 75 13 1 0 34.6
51k-75k 54 31 5 0.1 10.5
76k-100k 7 5 3 0.1 8.4
101k-125k 2 1 0.1 12
126k-150k 11 4 1 0.1 16.5
151k-175k 8 3 0.1 16
176k-200k 5 1 0 30
201k-225k 2 1 0.1 12
226k-250k 2 0
251k-275k 3 0
276k-300k 7 3 0.1 14
301k-325k 1 1 0.2 6
326k-350k 4 0
351k-375k 1 0
376k-400k 3 0
401k-425k 1 0.2 0
426k-450k 3 1 0.1 18
451k-475k 1 1 0.2 6
476k-500k 4 0
501k-550k 5 0
551k-600k 3 1 0.1 18
651k-700k 3 0
701k-750k 1 1 0.2 6
751k-800k 1 1 0.2 6
801k-850k 1 0
851k-900k 1 0
901k-950k 2 0
951k-1m 3 0
1m-1.1m 1 0
1.2m-1.3m 1 0
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.9m-2m 3 0
2.25m-2.5m 4 0
3m-3.5m 1 0
4m-4.5m 1 0
4.5m-5m 2 0
6.01m-7m 2 0
7.01m-8m 2 0
9.01m-10m 1 0
13.01m-14m 1 0