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
126k-150k 1 0.2 0
151k-175k 1 7 1.2 0.9
176k-200k 3 10 4 0.6 1.8
201k-225k 27 41 8 0.3 4
226k-250k 20 32 6 0.3 3.8
251k-275k 59 72 10 0.2 4.9
276k-300k 87 101 21 0.2 5.2
301k-325k 94 112 26 0.2 5
326k-350k 150 164 35 0.2 5.5
351k-375k 96 177 25 0.3 3.3
376k-400k 168 219 35 0.2 4.6
401k-425k 97 154 20 0.3 3.8
426k-450k 117 169 24 0.2 4.2
451k-475k 101 98 20 0.2 6.2
476k-500k 94 108 19 0.2 5.2
501k-550k 127 97 21 0.1 7.9
551k-600k 104 67 6 0.1 9.3
601k-650k 79 48 4 0.1 9.9
651k-700k 79 38 4 0.1 12.5
701k-750k 85 31 6 0.1 16.5
751k-800k 38 26 7 0.1 8.8
801k-850k 38 10 0 22.8
851k-900k 30 9 0.1 20
901k-950k 19 8 1 0.1 14.3
951k-1m 25 8 0.1 18.8
1m-1.1m 12 6 0.1 12
1.1m-1.2m 13 2 1 0 39
1.2m-1.3m 7 2 0 21
1.3m-1.4m 5 1 0 30
1.4m-1.5m 6 1 0 36
1.5m-1.6m 3 12 2 0.7 1.5
1.6m-1.7m 2 4 1 0.3 3
1.7m-1.8m 1 2 0.3 3
1.8m-1.9m 5 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 1 0.2 6
151k-175k 1 2 0.3 3
176k-200k 2 5 1 0.4 2.4
201k-225k 5 7 1 0.2 4.3
226k-250k 9 16 7 0.3 3.4
251k-275k 26 51 9 0.3 3.1
276k-300k 54 79 12 0.2 4.1
301k-325k 59 63 12 0.2 5.6
326k-350k 93 87 9 0.2 6.4
351k-375k 78 111 14 0.2 4.2
376k-400k 71 40 4 0.1 10.7
401k-425k 26 19 4 0.1 8.2
426k-450k 22 13 3 0.1 10.2
451k-475k 26 8 3 0.1 19.5
476k-500k 43 17 1 0.1 15.2
501k-550k 73 26 3 0.1 16.8
551k-600k 42 8 0 31.5
601k-650k 10 6 0.1 10
651k-700k 5 1 0 30

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
76k-100k 1 0
101k-125k 9 1 1.5 0
126k-150k 8 9 2 0.2 5.3
151k-175k 11 27 7 0.4 2.4
176k-200k 17 19 4 0.2 5.4
201k-225k 31 23 3 0.1 8.1
226k-250k 54 38 3 0.1 8.5
251k-275k 61 29 5 0.1 12.6
276k-300k 39 16 3 0.1 14.6
301k-325k 14 3 0 28
326k-350k 28 10 3 0.1 16.8
351k-375k 16 4 3 0 24
376k-400k 16 3 0 32
401k-425k 10 4 1 0.1 15
426k-450k 6 1 0 36
451k-475k 2 0
476k-500k 2 1 0.3 0
501k-550k 6 1 0 36
551k-600k 2 0
651k-700k 2 0
701k-750k 1 0
901k-950k 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 1 0 24
26k-50k 86 22 2 0 23.5
51k-75k 52 38 3 0.1 8.2
76k-100k 10 1 0 60
101k-125k 3 2 1 0.1 9
126k-150k 12 5 0.1 14.4
151k-175k 8 4 1 0.1 12
176k-200k 4 1 0 24
201k-225k 2 1 0.1 12
226k-250k 3 2 0.1 9
251k-275k 2 1 0.1 12
276k-300k 6 1 0 36
301k-325k 1 1 0.2 6
326k-350k 7 0
351k-375k 1 0
376k-400k 3 0
401k-425k 1 1 0.2 6
426k-450k 3 1 0.1 18
451k-475k 1 1 0.2 0
476k-500k 3 0
501k-550k 5 0
551k-600k 2 1 0.1 12
601k-650k 1 0.2 0
651k-700k 2 0
701k-750k 1 1 0.2 0
751k-800k 1 1 0.2 0
801k-850k 1 0
851k-900k 1 0
901k-950k 2 0
951k-1m 5 0
1m-1.1m 1 0
1.3m-1.4m 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 3 0
3m-3.5m 3 0
3.5m-4m 2 0
4m-4.5m 1 0
4.5m-5m 2 0
6.01m-7m 2 0
7.01m-8m 2 0
13.01m-14m 1 0