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 42 2 0.2 4.1
226k-250k 22 39 9 0.3 3.4
251k-275k 43 76 14 0.3 3.4
276k-300k 91 94 12 0.2 5.8
301k-325k 111 111 17 0.2 6
326k-350k 158 168 25 0.2 5.6
351k-375k 99 182 29 0.3 3.3
376k-400k 138 221 36 0.3 3.7
401k-425k 99 129 13 0.2 4.6
426k-450k 122 141 15 0.2 5.2
451k-475k 96 91 10 0.2 6.3
476k-500k 94 110 17 0.2 5.1
501k-550k 135 87 12 0.1 9.3
551k-600k 104 63 9 0.1 9.9
601k-650k 70 51 7 0.1 8.2
651k-700k 77 42 9 0.1 11
701k-750k 76 27 3 0.1 16.9
751k-800k 40 20 0.1 12
801k-850k 42 7 0 36
851k-900k 26 8 2 0.1 19.5
901k-950k 18 8 1 0.1 13.5
951k-1m 25 8 2 0.1 18.8
1m-1.1m 17 7 1 0.1 14.6
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 10 1 0 60
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 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 1 2 0.3 3
201k-225k 4 7 0.3 3.4
226k-250k 12 15 1 0.2 4.8
251k-275k 32 44 5 0.2 4.4
276k-300k 53 79 12 0.2 4
301k-325k 65 59 8 0.2 6.6
326k-350k 82 75 15 0.2 6.6
351k-375k 65 85 12 0.2 4.6
376k-400k 65 38 13 0.1 10.3
401k-425k 24 18 2 0.1 8
426k-450k 24 13 1 0.1 11.1
451k-475k 31 7 2 0 26.6
476k-500k 48 18 3 0.1 16
501k-550k 71 26 4 0.1 16.4
551k-600k 43 7 1 0 36.9
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 1 8 1.3 0.8
126k-150k 9 7 1 0.1 7.7
151k-175k 14 24 2 0.3 3.5
176k-200k 21 20 6 0.2 6.3
201k-225k 31 21 1 0.1 8.9
226k-250k 67 31 4 0.1 13
251k-275k 56 20 5 0.1 16.8
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 1 1 0.2 6
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 9 2 0 27
26k-50k 81 14 1 0 34.7
51k-75k 50 32 3 0.1 9.4
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 4 2 0.1 12
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