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 5 9 3 0.3 3.3
201k-225k 27 40 7 0.2 4.1
226k-250k 21 31 2 0.2 4.1
251k-275k 70 69 6 0.2 6.1
276k-300k 86 96 21 0.2 5.4
301k-325k 99 106 16 0.2 5.6
326k-350k 146 167 33 0.2 5.2
351k-375k 97 174 23 0.3 3.3
376k-400k 162 220 40 0.2 4.4
401k-425k 100 147 14 0.2 4.1
426k-450k 120 157 17 0.2 4.6
451k-475k 99 93 16 0.2 6.4
476k-500k 95 108 20 0.2 5.3
501k-550k 118 93 13 0.1 7.6
551k-600k 97 67 9 0.1 8.7
601k-650k 80 50 3 0.1 9.6
651k-700k 77 39 6 0.1 11.8
701k-750k 81 29 4 0.1 16.8
751k-800k 38 22 4 0.1 10.4
801k-850k 38 10 0 22.8
851k-900k 31 8 0 23.3
901k-950k 17 8 0.1 12.8
951k-1m 26 8 0.1 19.5
1m-1.1m 14 6 0.1 14
1.1m-1.2m 12 1 0 72
1.2m-1.3m 6 2 0.1 18
1.3m-1.4m 5 1 0 30
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 0.3 3
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 4 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 3 1 0.3 4
201k-225k 3 7 0.4 2.6
226k-250k 8 15 2 0.3 3.2
251k-275k 23 47 6 0.3 2.9
276k-300k 57 77 8 0.2 4.4
301k-325k 58 60 6 0.2 5.8
326k-350k 92 77 9 0.1 7.2
351k-375k 76 100 12 0.2 4.6
376k-400k 69 35 6 0.1 11.8
401k-425k 27 17 3 0.1 9.5
426k-450k 22 12 2 0.1 11
451k-475k 26 7 2 0 22.3
476k-500k 44 16 3 0.1 16.5
501k-550k 71 24 2 0.1 17.8
551k-600k 42 8 0 31.5
601k-650k 10 5 0.1 12
651k-700k 5 1 0 30
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
76k-100k 1 0
101k-125k 9 1 1.5 0
126k-150k 7 7 1 0.2 6
151k-175k 10 27 5 0.5 2.2
176k-200k 14 18 5 0.2 4.7
201k-225k 33 22 3 0.1 9
226k-250k 58 34 4 0.1 10.2
251k-275k 59 27 4 0.1 13.1
276k-300k 36 13 3 0.1 16.6
301k-325k 13 4 1 0.1 19.5
326k-350k 26 10 1 0.1 15.6
351k-375k 18 4 0 27
376k-400k 16 3 0 32
401k-425k 10 4 0.1 15
426k-450k 7 1 0 42
451k-475k 1 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 21 1 0 24.6
51k-75k 53 38 2 0.1 8.4
76k-100k 8 1 0 48
101k-125k 3 2 1 0.1 9
126k-150k 12 4 0.1 18
151k-175k 9 4 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 2 1 0.1 18
301k-325k 1 1 0.2 6
326k-350k 7 0
351k-375k 1 0
376k-400k 2 0
401k-425k 1 1 0.2 6
426k-450k 3 1 0.1 18
451k-475k 1 0.2 0
476k-500k 4 0
501k-550k 5 0
551k-600k 3 1 0.1 18
601k-650k 1 0.2 0
651k-700k 2 0
701k-750k 1 0.2 0
751k-800k 1 1 0.2 6
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 1 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