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 19 32 6 0.3 3.6
251k-275k 58 71 9 0.2 4.9
276k-300k 87 100 20 0.2 5.2
301k-325k 93 111 25 0.2 5
326k-350k 151 164 35 0.2 5.5
351k-375k 97 177 25 0.3 3.3
376k-400k 173 218 34 0.2 4.8
401k-425k 96 154 20 0.3 3.7
426k-450k 117 169 24 0.2 4.2
451k-475k 101 98 20 0.2 6.2
476k-500k 93 108 19 0.2 5.2
501k-550k 126 97 21 0.1 7.8
551k-600k 105 67 6 0.1 9.4
601k-650k 80 48 4 0.1 10
651k-700k 78 38 4 0.1 12.3
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 32 9 0 21.3
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 53 79 12 0.2 4
301k-325k 60 63 12 0.2 5.7
326k-350k 92 87 9 0.2 6.3
351k-375k 78 111 14 0.2 4.2
376k-400k 70 40 4 0.1 10.5
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 71 26 3 0.1 16.4
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 8 1 0.2 6
151k-175k 12 27 7 0.4 2.7
176k-200k 15 19 4 0.2 4.7
201k-225k 30 22 2 0.1 8.2
226k-250k 53 38 3 0.1 8.4
251k-275k 61 29 5 0.1 12.6
276k-300k 38 16 3 0.1 14.3
301k-325k 14 3 0 28
326k-350k 28 10 3 0.1 16.8
351k-375k 17 4 3 0 25.5
376k-400k 16 3 0 32
401k-425k 10 4 1 0.1 15
426k-450k 5 1 0 30
451k-475k 2 0
476k-500k 2 1 0.3 0
501k-550k 6 1 0 36
551k-600k 3 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 53 38 3 0.1 8.4
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