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 5 1 0.8 1.2
176k-200k 3 15 2 0.8 1.2
201k-225k 26 37 2 0.2 4.2
226k-250k 25 40 4 0.3 3.8
251k-275k 38 81 21 0.4 2.8
276k-300k 89 93 18 0.2 5.7
301k-325k 115 112 18 0.2 6.2
326k-350k 156 162 25 0.2 5.8
351k-375k 99 183 34 0.3 3.2
376k-400k 140 217 34 0.3 3.9
401k-425k 83 138 18 0.3 3.6
426k-450k 123 138 22 0.2 5.3
451k-475k 93 80 10 0.1 7
476k-500k 87 112 17 0.2 4.7
501k-550k 126 86 14 0.1 8.8
551k-600k 96 64 11 0.1 9
601k-650k 72 50 6 0.1 8.6
651k-700k 78 46 11 0.1 10.2
701k-750k 72 27 2 0.1 16
751k-800k 37 19 1 0.1 11.7
801k-850k 35 7 1 0 30
851k-900k 25 7 2 0 21.4
901k-950k 20 7 1 0.1 17.1
951k-1m 23 8 1 0.1 17.3
1m-1.1m 14 7 2 0.1 12
1.1m-1.2m 9 2 0 27
1.2m-1.3m 8 2 1 0 24
1.3m-1.4m 4 2 1 0.1 12
1.4m-1.5m 5 0
1.5m-1.6m 5 10 0.3 3
1.6m-1.7m 2 5 1 0.4 2.4
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 4 0
1.9m-2m 2 1 0.1 12
2m-2.25m 1 0
2.25m-2.5m 1 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 2 2 1 0.2 6
151k-175k 1 1 0.2 6
176k-200k 2 0.3 0
201k-225k 5 7 0.2 4.3
226k-250k 14 16 2 0.2 5.3
251k-275k 30 46 8 0.3 3.9
276k-300k 51 77 16 0.3 4
301k-325k 66 57 8 0.1 6.9
326k-350k 77 77 17 0.2 6
351k-375k 63 88 11 0.2 4.3
376k-400k 61 36 8 0.1 10.2
401k-425k 26 19 5 0.1 8.2
426k-450k 27 13 1 0.1 12.5
451k-475k 29 6 1 0 29
476k-500k 49 18 2 0.1 16.3
501k-550k 71 27 5 0.1 15.8
551k-600k 39 6 0 39
601k-650k 9 3 1 0.1 18
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 3 0.5 0
126k-150k 9 6 1 0.1 9
151k-175k 12 25 4 0.3 2.9
176k-200k 21 19 4 0.2 6.6
201k-225k 30 21 1 0.1 8.6
226k-250k 70 29 2 0.1 14.5
251k-275k 53 20 3 0.1 15.9
276k-300k 32 13 1 0.1 14.8
301k-325k 18 4 0 27
326k-350k 28 11 2 0.1 15.3
351k-375k 22 4 0 33
376k-400k 12 3 0 24
401k-425k 12 3 0 24
426k-450k 7 1 0 42
476k-500k 2 1 0.1 12
501k-550k 4 2 0.1 12
551k-600k 1 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 8 3 2 0.1 16
26k-50k 76 13 1 0 35.1
51k-75k 52 30 4 0.1 10.4
76k-100k 7 5 3 0.1 8.4
101k-125k 2 1 0.1 12
126k-150k 11 4 1 0.1 16.5
151k-175k 8 3 0.1 16
176k-200k 5 1 0 30
201k-225k 2 1 0.1 12
226k-250k 2 0
251k-275k 4 0
276k-300k 7 3 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 1 0.2 6
476k-500k 4 0
501k-550k 5 0
551k-600k 3 1 0.1 18
651k-700k 3 0
701k-750k 1 1 0.2 6
751k-800k 1 1 0.2 6
801k-850k 1 0
851k-900k 1 0
901k-950k 2 0
951k-1m 3 0
1m-1.1m 1 0
1.2m-1.3m 1 0
1.4m-1.5m 3 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 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