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 28 40 2 0.2 4.2
226k-250k 22 40 9 0.3 3.3
251k-275k 41 74 14 0.3 3.3
276k-300k 90 90 12 0.2 6
301k-325k 110 111 17 0.2 5.9
326k-350k 157 165 25 0.2 5.7
351k-375k 99 181 29 0.3 3.3
376k-400k 137 214 33 0.3 3.8
401k-425k 99 129 14 0.2 4.6
426k-450k 122 140 18 0.2 5.2
451k-475k 94 85 10 0.2 6.6
476k-500k 93 109 15 0.2 5.1
501k-550k 130 86 13 0.1 9.1
551k-600k 102 64 8 0.1 9.6
601k-650k 71 51 6 0.1 8.4
651k-700k 78 42 9 0.1 11.1
701k-750k 75 27 3 0.1 16.7
751k-800k 40 20 0.1 12
801k-850k 43 7 0 36.9
851k-900k 25 8 2 0.1 18.8
901k-950k 18 7 1 0.1 15.4
951k-1m 24 8 2 0.1 18
1m-1.1m 16 7 1 0.1 13.7
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 10 2 1 0 30
1.3m-1.4m 5 1 0 30
1.4m-1.5m 5 0
1.5m-1.6m 5 12 0.4 2.5
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 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 0.3 0
201k-225k 4 7 0.3 3.4
226k-250k 12 15 1 0.2 4.8
251k-275k 31 42 5 0.2 4.4
276k-300k 54 78 13 0.2 4.2
301k-325k 62 55 7 0.1 6.8
326k-350k 81 78 20 0.2 6.2
351k-375k 65 87 13 0.2 4.5
376k-400k 63 38 11 0.1 9.9
401k-425k 24 17 2 0.1 8.5
426k-450k 24 13 1 0.1 11.1
451k-475k 32 7 2 0 27.4
476k-500k 47 18 3 0.1 15.7
501k-550k 72 26 4 0.1 16.6
551k-600k 42 7 1 0 36
601k-650k 10 3 1 0.1 20
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 1 8 1.3 0.8
126k-150k 9 7 1 0.1 7.7
151k-175k 14 24 3 0.3 3.5
176k-200k 20 20 6 0.2 6
201k-225k 32 21 1 0.1 9.1
226k-250k 66 31 4 0.1 12.8
251k-275k 54 20 5 0.1 16.2
276k-300k 33 12 2 0.1 16.5
301k-325k 17 4 1 0 25.5
326k-350k 26 11 2 0.1 14.2
351k-375k 19 4 0 28.5
376k-400k 14 3 0 28
401k-425k 12 3 0 24
426k-450k 8 1 0 48
451k-475k 1 0
476k-500k 2 1 0.1 12
501k-550k 6 2 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 8 2 0 24
26k-50k 80 14 1 0 34.3
51k-75k 51 32 3 0.1 9.6
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 1 0.1 18
251k-275k 2 0
276k-300k 7 3 1 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