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 6 1 1
176k-200k 4 9 4 0.4 2.7
201k-225k 26 41 8 0.3 3.8
226k-250k 19 32 4 0.3 3.6
251k-275k 64 70 6 0.2 5.5
276k-300k 94 100 20 0.2 5.6
301k-325k 94 110 25 0.2 5.1
326k-350k 151 167 35 0.2 5.4
351k-375k 96 180 29 0.3 3.2
376k-400k 164 221 38 0.2 4.5
401k-425k 94 152 20 0.3 3.7
426k-450k 119 168 23 0.2 4.3
451k-475k 100 98 18 0.2 6.1
476k-500k 95 112 21 0.2 5.1
501k-550k 122 95 20 0.1 7.7
551k-600k 103 67 7 0.1 9.2
601k-650k 80 48 1 0.1 10
651k-700k 76 36 4 0.1 12.7
701k-750k 85 31 5 0.1 16.5
751k-800k 39 26 7 0.1 9
801k-850k 38 10 0 22.8
851k-900k 30 9 0.1 20
901k-950k 18 8 0.1 13.5
951k-1m 26 8 0.1 19.5
1m-1.1m 12 6 0.1 12
1.1m-1.2m 13 2 0 39
1.2m-1.3m 6 2 0.1 18
1.3m-1.4m 4 1 0 24
1.4m-1.5m 5 1 0 30
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 2 2 0.2 6
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 1 0.2 6
151k-175k 2 2 0.2 6
176k-200k 2 4 1 0.3 3
201k-225k 5 7 1 0.2 4.3
226k-250k 8 15 6 0.3 3.2
251k-275k 27 49 7 0.3 3.3
276k-300k 55 80 13 0.2 4.1
301k-325k 58 63 8 0.2 5.5
326k-350k 93 82 8 0.1 6.8
351k-375k 78 110 11 0.2 4.3
376k-400k 72 39 6 0.1 11.1
401k-425k 26 19 3 0.1 8.2
426k-450k 22 13 3 0.1 10.2
451k-475k 26 8 3 0.1 19.5
476k-500k 44 19 3 0.1 13.9
501k-550k 72 25 2 0.1 17.3
551k-600k 43 8 0 32.3
601k-650k 9 6 0.1 9
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 1 0.2 5.3
151k-175k 10 27 7 0.5 2.2
176k-200k 14 18 4 0.2 4.7
201k-225k 31 24 4 0.1 7.8
226k-250k 56 38 4 0.1 8.8
251k-275k 61 29 5 0.1 12.6
276k-300k 38 15 3 0.1 15.2
301k-325k 14 4 1 0 21
326k-350k 27 10 3 0.1 16.2
351k-375k 17 4 1 0 25.5
376k-400k 16 3 0 32
401k-425k 9 4 1 0.1 13.5
426k-450k 7 1 0 42
451k-475k 2 0
476k-500k 2 0.3 0
501k-550k 6 1 0 36
551k-600k 2 0
651k-700k 2 0
701k-750k 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 1 0 23.5
51k-75k 52 38 3 0.1 8.2
76k-100k 9 1 0 54
101k-125k 3 2 1 0.1 9
126k-150k 12 5 0.1 14.4
151k-175k 9 4 1 0.1 13.5
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 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 1 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