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 5 15 6 0.5 2
201k-225k 28 41 1 0.2 4.1
226k-250k 22 40 9 0.3 3.3
251k-275k 44 74 14 0.3 3.6
276k-300k 93 94 15 0.2 5.9
301k-325k 113 111 16 0.2 6.1
326k-350k 151 162 28 0.2 5.6
351k-375k 98 180 32 0.3 3.3
376k-400k 138 221 39 0.3 3.7
401k-425k 102 136 15 0.2 4.5
426k-450k 123 141 14 0.2 5.2
451k-475k 98 96 15 0.2 6.1
476k-500k 97 110 18 0.2 5.3
501k-550k 135 89 12 0.1 9.1
551k-600k 104 60 8 0.1 10.4
601k-650k 73 51 8 0.1 8.6
651k-700k 78 43 11 0.1 10.9
701k-750k 74 28 5 0.1 15.9
751k-800k 37 21 0.1 10.6
801k-850k 44 7 0 37.7
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 4 7 0.3 3.4
226k-250k 11 14 0.2 4.7
251k-275k 28 43 4 0.3 3.9
276k-300k 50 75 7 0.3 4
301k-325k 66 58 5 0.1 6.8
326k-350k 87 73 12 0.1 7.2
351k-375k 65 92 13 0.2 4.2
376k-400k 69 36 13 0.1 11.5
401k-425k 27 17 1 0.1 9.5
426k-450k 24 12 0.1 12
451k-475k 29 7 1 0 24.9
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 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 8 1.3 0
126k-150k 9 7 1 0.1 7.7
151k-175k 15 25 2 0.3 3.6
176k-200k 21 19 4 0.2 6.6
201k-225k 30 22 2 0.1 8.2
226k-250k 70 31 4 0.1 13.5
251k-275k 54 23 5 0.1 14.1
276k-300k 32 13 2 0.1 14.8
301k-325k 16 4 2 0 24
326k-350k 28 11 2 0.1 15.3
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 1 0.1 12
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 10 2 1 0 30
26k-50k 84 14 1 0 36
51k-75k 54 38 4 0.1 8.5
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