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 6 0.7 1.5
201k-225k 25 39 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 90 13 0.2 5.8
301k-325k 108 110 19 0.2 5.9
326k-350k 152 170 29 0.2 5.4
351k-375k 105 188 35 0.3 3.4
376k-400k 137 217 38 0.3 3.8
401k-425k 94 132 16 0.2 4.3
426k-450k 122 140 21 0.2 5.2
451k-475k 89 81 10 0.2 6.6
476k-500k 86 110 13 0.2 4.7
501k-550k 127 87 13 0.1 8.8
551k-600k 94 61 8 0.1 9.2
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 20 1 0.1 11.4
801k-850k 37 6 0 37
851k-900k 24 8 2 0.1 18
901k-950k 18 7 1 0.1 15.4
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 5 10 0.3 3
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 13 15 1 0.2 5.2
251k-275k 29 44 7 0.3 4
276k-300k 47 79 16 0.3 3.6
301k-325k 61 56 8 0.2 6.5
326k-350k 79 78 20 0.2 6.1
351k-375k 64 88 15 0.2 4.4
376k-400k 60 38 10 0.1 9.5
401k-425k 24 17 2 0.1 8.5
426k-450k 23 13 1 0.1 10.6
451k-475k 29 6 1 0 29
476k-500k 47 18 3 0.1 15.7
501k-550k 70 26 4 0.1 16.2
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 6 1 1
126k-150k 9 7 1 0.1 7.7
151k-175k 12 24 3 0.3 3
176k-200k 20 19 6 0.2 6.3
201k-225k 30 21 0.1 8.6
226k-250k 63 30 3 0.1 12.6
251k-275k 52 20 5 0.1 15.6
276k-300k 29 12 0.1 14.5
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 12 1 0 37.5
51k-75k 48 31 4 0.1 9.3
76k-100k 7 4 2 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 4 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