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 4 0.7 1.5
176k-200k 4 15 6 0.6 1.6
201k-225k 29 41 1 0.2 4.2
226k-250k 23 40 9 0.3 3.5
251k-275k 43 76 14 0.3 3.4
276k-300k 93 94 14 0.2 5.9
301k-325k 109 112 16 0.2 5.8
326k-350k 152 167 31 0.2 5.5
351k-375k 102 183 33 0.3 3.3
376k-400k 134 220 40 0.3 3.7
401k-425k 104 135 16 0.2 4.6
426k-450k 120 144 17 0.2 5
451k-475k 97 93 13 0.2 6.3
476k-500k 95 113 21 0.2 5
501k-550k 133 87 12 0.1 9.2
551k-600k 105 62 10 0.1 10.2
601k-650k 71 51 8 0.1 8.4
651k-700k 78 42 11 0.1 11.1
701k-750k 74 28 4 0.1 15.9
751k-800k 38 21 0.1 10.9
801k-850k 43 7 0 36.9
851k-900k 26 10 2 0.1 15.6
901k-950k 18 8 1 0.1 13.5
951k-1m 26 7 1 0 22.3
1m-1.1m 17 7 1 0.1 14.6
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 9 1 0 54
1.3m-1.4m 4 1 0 24
1.4m-1.5m 6 0
1.5m-1.6m 4 12 0.5 2
1.6m-1.7m 2 5 1 0.4 2.4
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 5 0
1.9m-2m 2 2 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 2 1 0.3 3
151k-175k 2 1 0.1 12
176k-200k 2 2 0.2 6
201k-225k 4 7 0.3 3.4
226k-250k 11 14 0.2 4.7
251k-275k 33 44 5 0.2 4.5
276k-300k 53 78 9 0.2 4.1
301k-325k 64 58 7 0.2 6.6
326k-350k 85 77 16 0.2 6.6
351k-375k 64 91 13 0.2 4.2
376k-400k 65 36 13 0.1 10.8
401k-425k 28 18 2 0.1 9.3
426k-450k 24 12 0.1 12
451k-475k 30 8 2 0 22.5
476k-500k 47 19 4 0.1 14.8
501k-550k 73 26 3 0.1 16.8
551k-600k 44 7 1 0 37.7
601k-650k 10 4 1 0.1 15
651k-700k 3 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 8 1.3 0
126k-150k 9 7 0.1 7.7
151k-175k 15 25 2 0.3 3.6
176k-200k 21 19 4 0.2 6.6
201k-225k 30 21 1 0.1 8.6
226k-250k 70 31 5 0.1 13.5
251k-275k 54 22 5 0.1 14.7
276k-300k 32 12 2 0.1 16
301k-325k 17 4 2 0 25.5
326k-350k 26 11 2 0.1 14.2
351k-375k 20 4 0 30
376k-400k 15 3 0 30
401k-425k 11 3 0 22
426k-450k 8 1 0 48
451k-475k 1 0
476k-500k 1 1 0.2 6
501k-550k 6 2 1 0.1 18
551k-600k 2 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 10 2 0 30
26k-50k 83 14 1 0 35.6
51k-75k 51 37 3 0.1 8.3
76k-100k 7 4 3 0.1 10.5
101k-125k 2 1 0.1 12
126k-150k 11 4 1 0.1 16.5
151k-175k 10 3 0.1 20
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 7 3 2 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 2 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 5 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 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
9.01m-10m 1 0
13.01m-14m 1 0