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 6 15 6 0.4 2.4
201k-225k 28 40 0.2 4.2
226k-250k 24 39 9 0.3 3.7
251k-275k 46 73 12 0.3 3.8
276k-300k 93 97 17 0.2 5.8
301k-325k 114 112 18 0.2 6.1
326k-350k 145 165 32 0.2 5.3
351k-375k 99 178 30 0.3 3.3
376k-400k 142 222 39 0.3 3.8
401k-425k 101 138 15 0.2 4.4
426k-450k 125 146 16 0.2 5.1
451k-475k 98 97 17 0.2 6.1
476k-500k 94 111 21 0.2 5.1
501k-550k 137 91 12 0.1 9
551k-600k 104 61 9 0.1 10.2
601k-650k 73 52 8 0.1 8.4
651k-700k 79 42 8 0.1 11.3
701k-750k 74 30 6 0.1 14.8
751k-800k 36 21 0.1 10.3
801k-850k 44 9 0 29.3
851k-900k 27 9 1 0.1 18
901k-950k 19 8 1 0.1 14.3
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 1 0 36
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 1 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 3 7 0.4 2.6
226k-250k 11 14 0.2 4.7
251k-275k 29 44 6 0.3 4
276k-300k 50 75 10 0.3 4
301k-325k 66 60 6 0.2 6.6
326k-350k 90 76 12 0.1 7.1
351k-375k 65 99 14 0.3 3.9
376k-400k 68 38 13 0.1 10.7
401k-425k 25 18 1 0.1 8.3
426k-450k 24 12 0.1 12
451k-475k 28 8 1 0 21
476k-500k 47 19 5 0.1 14.8
501k-550k 74 26 4 0.1 17.1
551k-600k 43 7 1 0 36.9
601k-650k 10 4 1 0.1 15
651k-700k 3 1 0.1 18
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 9 1.5 0
126k-150k 8 7 1 0.1 6.9
151k-175k 14 24 3 0.3 3.5
176k-200k 21 19 4 0.2 6.6
201k-225k 31 22 3 0.1 8.5
226k-250k 69 32 3 0.1 12.9
251k-275k 54 24 5 0.1 13.5
276k-300k 33 13 2 0.1 15.2
301k-325k 15 4 2 0 22.5
326k-350k 28 12 2 0.1 14
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 2 2 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 9 2 1 0 27
26k-50k 83 15 1 0 33.2
51k-75k 54 39 4 0.1 8.3
76k-100k 7 4 3 0.1 10.5
101k-125k 2 1 0.1 12
126k-150k 12 4 1 0.1 18
151k-175k 10 4 0.1 15
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 0.2 0
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