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 4 16 7 0.7 1.5
201k-225k 25 40 2 0.3 3.8
226k-250k 23 40 8 0.3 3.5
251k-275k 36 76 17 0.4 2.8
276k-300k 87 91 13 0.2 5.7
301k-325k 108 110 19 0.2 5.9
326k-350k 152 171 30 0.2 5.3
351k-375k 104 188 34 0.3 3.3
376k-400k 136 220 38 0.3 3.7
401k-425k 95 132 16 0.2 4.3
426k-450k 122 142 21 0.2 5.2
451k-475k 90 84 11 0.2 6.4
476k-500k 86 110 15 0.2 4.7
501k-550k 128 87 13 0.1 8.8
551k-600k 95 63 8 0.1 9
601k-650k 65 51 7 0.1 7.6
651k-700k 77 45 11 0.1 10.3
701k-750k 70 27 3 0.1 15.6
751k-800k 38 21 1 0.1 10.9
801k-850k 37 6 0 37
851k-900k 24 8 2 0.1 18
901k-950k 17 7 1 0.1 14.6
951k-1m 22 8 2 0.1 16.5
1m-1.1m 16 6 1 0.1 16
1.1m-1.2m 8 2 1 0 24
1.2m-1.3m 9 2 1 0 27
1.3m-1.4m 5 1 0 30
1.4m-1.5m 5 0
1.5m-1.6m 4 10 0.4 2.4
1.6m-1.7m 2 5 1 0.4 2.4
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 4 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
126k-150k 1 2 1 0.3 3
151k-175k 2 1 0.1 12
176k-200k 2 0.3 0
201k-225k 4 7 0.3 3.4
226k-250k 12 15 1 0.2 4.8
251k-275k 29 44 7 0.3 4
276k-300k 47 79 16 0.3 3.6
301k-325k 60 57 8 0.2 6.3
326k-350k 78 78 21 0.2 6
351k-375k 63 88 15 0.2 4.3
376k-400k 61 38 10 0.1 9.6
401k-425k 24 17 2 0.1 8.5
426k-450k 23 13 1 0.1 10.6
451k-475k 29 6 2 0 29
476k-500k 46 18 3 0.1 15.3
501k-550k 71 26 4 0.1 16.4
551k-600k 39 6 1 0 39
601k-650k 9 3 1 0.1 18
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 1 7 1.2 0.9
126k-150k 8 7 1 0.1 6.9
151k-175k 12 24 3 0.3 3
176k-200k 20 20 6 0.2 6
201k-225k 30 21 0.1 8.6
226k-250k 63 31 3 0.1 12.2
251k-275k 52 20 5 0.1 15.6
276k-300k 30 12 1 0.1 15
301k-325k 17 4 1 0 25.5
326k-350k 25 11 2 0.1 13.6
351k-375k 19 4 0 28.5
376k-400k 13 3 0 26
401k-425k 12 3 0 24
426k-450k 8 1 0 48
476k-500k 2 1 0.1 12
501k-550k 5 2 0.1 15
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 1 0.1 16
26k-50k 75 13 1 0 34.6
51k-75k 48 34 4 0.1 8.5
76k-100k 7 4 3 0.1 10.5
101k-125k 1 1 0.2 6
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 1 0.1 12
251k-275k 2 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 0.2 0
476k-500k 5 0
501k-550k 5 0
551k-600k 3 1 0.1 18
651k-700k 3 0
701k-750k 1 0.2 0
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
1.4m-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 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