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 5 0.8 1.2
176k-200k 4 10 4 0.4 2.4
201k-225k 26 41 7 0.3 3.8
226k-250k 22 32 3 0.2 4.1
251k-275k 66 70 7 0.2 5.7
276k-300k 84 97 22 0.2 5.2
301k-325k 103 104 15 0.2 5.9
326k-350k 148 169 36 0.2 5.3
351k-375k 94 174 24 0.3 3.2
376k-400k 156 222 41 0.2 4.2
401k-425k 101 148 16 0.2 4.1
426k-450k 114 154 18 0.2 4.4
451k-475k 98 94 18 0.2 6.3
476k-500k 95 112 24 0.2 5.1
501k-550k 120 93 13 0.1 7.7
551k-600k 99 65 9 0.1 9.1
601k-650k 79 50 4 0.1 9.5
651k-700k 77 40 7 0.1 11.6
701k-750k 83 30 5 0.1 16.6
751k-800k 36 22 4 0.1 9.8
801k-850k 39 10 0 23.4
851k-900k 30 8 0 22.5
901k-950k 17 8 0.1 12.8
951k-1m 25 8 0.1 18.8
1m-1.1m 14 6 0.1 14
1.1m-1.2m 11 1 0 66
1.2m-1.3m 6 2 0.1 18
1.3m-1.4m 5 1 0 30
1.4m-1.5m 6 1 0 36
1.5m-1.6m 4 12 2 0.5 2
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 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 3 1 0.3 4
201k-225k 4 7 0.3 3.4
226k-250k 7 15 2 0.4 2.8
251k-275k 24 47 6 0.3 3.1
276k-300k 53 76 7 0.2 4.2
301k-325k 59 58 7 0.2 6.1
326k-350k 93 76 9 0.1 7.3
351k-375k 75 100 12 0.2 4.5
376k-400k 69 36 7 0.1 11.5
401k-425k 26 17 3 0.1 9.2
426k-450k 22 12 2 0.1 11
451k-475k 27 8 3 0 20.3
476k-500k 45 16 3 0.1 16.9
501k-550k 71 24 2 0.1 17.8
551k-600k 42 8 0 31.5
601k-650k 10 5 0.1 12
651k-700k 5 1 0 30
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 1.5 0
126k-150k 6 7 1 0.2 5.1
151k-175k 15 27 5 0.3 3.3
176k-200k 15 18 5 0.2 5
201k-225k 33 23 4 0.1 8.6
226k-250k 59 34 4 0.1 10.4
251k-275k 58 25 4 0.1 13.9
276k-300k 38 15 5 0.1 15.2
301k-325k 13 4 1 0.1 19.5
326k-350k 27 10 1 0.1 16.2
351k-375k 18 4 0 27
376k-400k 16 3 0 32
401k-425k 10 4 0.1 15
426k-450k 7 1 0 42
451k-475k 1 0
476k-500k 2 0.3 0
501k-550k 6 2 1 0.1 18
551k-600k 2 0
651k-700k 2 0
701k-750k 2 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 21 1 0 24.6
51k-75k 55 38 2 0.1 8.7
76k-100k 8 2 1 0 24
101k-125k 3 2 1 0.1 9
126k-150k 12 4 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 6 3 2 0.1 12
301k-325k 1 1 0.2 6
326k-350k 7 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 4 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
13.01m-14m 1 0