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 4 15 7 0.6 1.6
201k-225k 27 40 1 0.2 4.1
226k-250k 23 39 9 0.3 3.5
251k-275k 48 72 10 0.3 4
276k-300k 97 94 17 0.2 6.2
301k-325k 112 113 21 0.2 5.9
326k-350k 139 163 31 0.2 5.1
351k-375k 97 173 25 0.3 3.4
376k-400k 146 221 36 0.3 4
401k-425k 99 139 17 0.2 4.3
426k-450k 123 148 15 0.2 5
451k-475k 99 93 15 0.2 6.4
476k-500k 98 111 21 0.2 5.3
501k-550k 135 90 13 0.1 9
551k-600k 106 61 8 0.1 10.4
601k-650k 74 51 6 0.1 8.7
651k-700k 78 43 8 0.1 10.9
701k-750k 76 30 6 0.1 15.2
751k-800k 37 21 2 0.1 10.6
801k-850k 44 9 0 29.3
851k-900k 28 8 0 21
901k-950k 19 8 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 7 1 0 42
1.5m-1.6m 4 12 0.5 2
1.6m-1.7m 2 5 1 0.4 2.4
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 4 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 10 15 1 0.3 4
251k-275k 28 43 6 0.3 3.9
276k-300k 53 73 8 0.2 4.4
301k-325k 65 60 6 0.2 6.5
326k-350k 90 78 12 0.1 6.9
351k-375k 67 97 13 0.2 4.1
376k-400k 67 36 11 0.1 11.2
401k-425k 24 17 0.1 8.5
426k-450k 23 12 0.1 11.5
451k-475k 26 8 1 0.1 19.5
476k-500k 47 19 5 0.1 14.8
501k-550k 75 26 4 0.1 17.3
551k-600k 43 8 1 0 32.3
601k-650k 10 3 0.1 20
651k-700k 3 1 0.1 18
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
76k-100k 1 0
101k-125k 9 1.5 0
126k-150k 8 7 1 0.1 6.9
151k-175k 13 24 3 0.3 3.3
176k-200k 21 19 4 0.2 6.6
201k-225k 32 22 3 0.1 8.7
226k-250k 68 32 3 0.1 12.8
251k-275k 57 25 5 0.1 13.7
276k-300k 33 13 2 0.1 15.2
301k-325k 15 4 2 0 22.5
326k-350k 28 11 1 0.1 15.3
351k-375k 19 4 0 28.5
376k-400k 15 3 0 30
401k-425k 12 3 0 24
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 82 16 1 0 30.8
51k-75k 55 39 3 0.1 8.5
76k-100k 7 4 3 0.1 10.5
101k-125k 2 1 0.1 12
126k-150k 12 3 0 24
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
601k-650k 1 0.2 0
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 1 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