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 2 0.7 1.5
201k-225k 29 38 2 0.2 4.6
226k-250k 26 40 7 0.3 3.9
251k-275k 42 79 19 0.3 3.2
276k-300k 85 92 15 0.2 5.5
301k-325k 110 111 20 0.2 5.9
326k-350k 151 166 27 0.2 5.5
351k-375k 106 186 36 0.3 3.4
376k-400k 134 218 38 0.3 3.7
401k-425k 86 133 14 0.3 3.9
426k-450k 123 140 22 0.2 5.3
451k-475k 92 80 10 0.1 6.9
476k-500k 86 111 13 0.2 4.6
501k-550k 125 89 15 0.1 8.4
551k-600k 94 63 10 0.1 9
601k-650k 67 50 6 0.1 8
651k-700k 77 46 10 0.1 10
701k-750k 71 27 2 0.1 15.8
751k-800k 39 20 1 0.1 11.7
801k-850k 37 6 0 37
851k-900k 24 8 2 0.1 18
901k-950k 19 7 1 0.1 16.3
951k-1m 22 8 1 0.1 16.5
1m-1.1m 17 6 1 0.1 17
1.1m-1.2m 8 2 1 0 24
1.2m-1.3m 9 2 1 0 27
1.3m-1.4m 5 2 1 0.1 15
1.4m-1.5m 5 0
1.5m-1.6m 5 10 0.3 3
1.6m-1.7m 3 5 1 0.3 3.6
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 14 15 1 0.2 5.6
251k-275k 31 45 8 0.2 4.1
276k-300k 49 78 15 0.3 3.8
301k-325k 61 56 8 0.2 6.5
326k-350k 82 78 19 0.2 6.3
351k-375k 64 88 15 0.2 4.4
376k-400k 58 37 9 0.1 9.4
401k-425k 24 17 2 0.1 8.5
426k-450k 24 13 1 0.1 11.1
451k-475k 31 6 1 0 31
476k-500k 47 18 3 0.1 15.7
501k-550k 71 26 4 0.1 16.4
551k-600k 38 6 1 0 38
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 6 1 0.1 9
151k-175k 12 23 2 0.3 3.1
176k-200k 21 19 6 0.2 6.6
201k-225k 30 21 0.1 8.6
226k-250k 64 30 3 0.1 12.8
251k-275k 53 20 4 0.1 15.9
276k-300k 28 12 0.1 14
301k-325k 16 4 1 0 24
326k-350k 25 11 2 0.1 13.6
351k-375k 18 4 0 27
376k-400k 14 3 0 28
401k-425k 11 3 0 22
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 77 12 1 0 38.5
51k-75k 51 30 4 0.1 10.2
76k-100k 7 4 2 0.1 10.5
101k-125k 2 1 0.1 12
126k-150k 11 4 1 0.1 16.5
151k-175k 9 3 0.1 18
176k-200k 5 1 0 30
201k-225k 1 1 0.2 6
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
1.2m-1.3m 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