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 37 75 16 0.3 3
276k-300k 87 92 13 0.2 5.7
301k-325k 107 110 19 0.2 5.8
326k-350k 151 171 30 0.2 5.3
351k-375k 106 188 34 0.3 3.4
376k-400k 134 219 37 0.3 3.7
401k-425k 95 129 13 0.2 4.4
426k-450k 123 141 20 0.2 5.2
451k-475k 88 84 11 0.2 6.3
476k-500k 87 110 15 0.2 4.7
501k-550k 126 87 13 0.1 8.7
551k-600k 93 63 8 0.1 8.9
601k-650k 65 51 7 0.1 7.6
651k-700k 76 45 11 0.1 10.1
701k-750k 69 27 3 0.1 15.3
751k-800k 37 21 1 0.1 10.6
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 11 15 1 0.2 4.4
251k-275k 27 44 7 0.3 3.7
276k-300k 49 79 16 0.3 3.7
301k-325k 60 57 8 0.2 6.3
326k-350k 78 78 21 0.2 6
351k-375k 63 87 14 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 45 18 3 0.1 15
501k-550k 70 26 4 0.1 16.2
551k-600k 39 6 1 0 39
601k-650k 10 3 1 0.1 20
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 29 21 0.1 8.3
226k-250k 64 31 3 0.1 12.4
251k-275k 51 20 5 0.1 15.3
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 74 13 1 0 34.2
51k-75k 46 34 4 0.1 8.1
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