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 26 40 7 0.3 3.9
226k-250k 22 31 2 0.2 4.3
251k-275k 68 69 6 0.2 5.9
276k-300k 85 96 21 0.2 5.3
301k-325k 98 106 15 0.2 5.5
326k-350k 146 169 35 0.2 5.2
351k-375k 95 175 24 0.3 3.3
376k-400k 154 221 40 0.2 4.2
401k-425k 102 149 16 0.2 4.1
426k-450k 120 158 18 0.2 4.6
451k-475k 100 94 17 0.2 6.4
476k-500k 96 112 24 0.2 5.1
501k-550k 116 93 13 0.1 7.5
551k-600k 101 67 9 0.1 9
601k-650k 79 50 3 0.1 9.5
651k-700k 78 39 6 0.1 12
701k-750k 80 29 4 0.1 16.6
751k-800k 37 22 4 0.1 10.1
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 4 12 2 0.5 2
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 25 47 6 0.3 3.2
276k-300k 57 76 7 0.2 4.5
301k-325k 58 60 6 0.2 5.8
326k-350k 95 77 9 0.1 7.4
351k-375k 76 100 12 0.2 4.6
376k-400k 69 36 7 0.1 11.5
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 45 16 3 0.1 16.9
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 12 27 5 0.4 2.7
176k-200k 16 18 5 0.2 5.3
201k-225k 33 22 3 0.1 9
226k-250k 57 34 4 0.1 10.1
251k-275k 59 27 4 0.1 13.1
276k-300k 37 15 5 0.1 14.8
301k-325k 13 4 1 0.1 19.5
326k-350k 27 10 1 0.1 16.2
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 2 1 0.1 18
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 54 38 2 0.1 8.5
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 3 2 0.1 12
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