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 14 7 0.6 1.7
201k-225k 27 41 6 0.3 4
226k-250k 17 36 7 0.4 2.8
251k-275k 55 69 8 0.2 4.8
276k-300k 87 92 21 0.2 5.7
301k-325k 109 109 16 0.2 6
326k-350k 144 167 35 0.2 5.2
351k-375k 101 177 24 0.3 3.4
376k-400k 158 224 43 0.2 4.2
401k-425k 96 144 17 0.3 4
426k-450k 122 152 17 0.2 4.8
451k-475k 95 92 15 0.2 6.2
476k-500k 91 110 23 0.2 5
501k-550k 129 93 11 0.1 8.3
551k-600k 107 61 8 0.1 10.5
601k-650k 76 50 4 0.1 9.1
651k-700k 78 41 7 0.1 11.4
701k-750k 78 28 5 0.1 16.7
751k-800k 38 21 3 0.1 10.9
801k-850k 44 9 0 29.3
851k-900k 27 8 0 20.3
901k-950k 18 8 0.1 13.5
951k-1m 26 7 1 0 22.3
1m-1.1m 17 6 0.1 17
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 7 2 0 21
1.3m-1.4m 4 1 0 24
1.4m-1.5m 7 1 0 42
1.5m-1.6m 3 12 0.7 1.5
1.6m-1.7m 2 4 0.3 3
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 4 0
1.9m-2m 3 2 1 0.1 9
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 4 0
3.5m-4m 2 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 3 1 0.3 4
201k-225k 4 7 0.3 3.4
226k-250k 9 15 1 0.3 3.6
251k-275k 27 47 7 0.3 3.4
276k-300k 52 77 7 0.2 4.1
301k-325k 64 60 6 0.2 6.4
326k-350k 89 79 14 0.1 6.8
351k-375k 74 99 15 0.2 4.5
376k-400k 67 38 9 0.1 10.6
401k-425k 25 17 1 0.1 8.8
426k-450k 23 12 2 0.1 11.5
451k-475k 27 8 2 0 20.3
476k-500k 45 16 2 0.1 16.9
501k-550k 76 25 2 0.1 18.2
551k-600k 43 8 1 0 32.3
601k-650k 9 5 0.1 10.8
651k-700k 4 1 0 24
751k-800k 2 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 7 7 1 0.2 6
151k-175k 15 26 6 0.3 3.5
176k-200k 16 19 5 0.2 5.1
201k-225k 32 22 4 0.1 8.7
226k-250k 63 35 6 0.1 10.8
251k-275k 56 25 5 0.1 13.4
276k-300k 35 15 5 0.1 14
301k-325k 15 5 2 0.1 18
326k-350k 26 10 1 0.1 15.6
351k-375k 20 4 0 30
376k-400k 16 3 0 32
401k-425k 11 4 0.1 16.5
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 85 19 1 0 26.8
51k-75k 56 37 2 0.1 9.1
76k-100k 8 2 1 0 24
101k-125k 3 2 1 0.1 9
126k-150k 11 3 0 22
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
1.3m-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 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