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 6 1 1
176k-200k 5 9 3 0.3 3.3
201k-225k 27 40 7 0.2 4.1
226k-250k 20 31 2 0.3 3.9
251k-275k 67 69 7 0.2 5.8
276k-300k 87 97 21 0.2 5.4
301k-325k 99 106 18 0.2 5.6
326k-350k 149 166 34 0.2 5.4
351k-375k 95 174 24 0.3 3.3
376k-400k 162 220 40 0.2 4.4
401k-425k 100 147 14 0.2 4.1
426k-450k 120 157 17 0.2 4.6
451k-475k 99 93 16 0.2 6.4
476k-500k 94 108 20 0.2 5.2
501k-550k 118 92 14 0.1 7.7
551k-600k 99 65 8 0.1 9.1
601k-650k 82 50 3 0.1 9.8
651k-700k 78 39 6 0.1 12
701k-750k 82 29 4 0.1 17
751k-800k 38 22 4 0.1 10.4
801k-850k 39 10 0 23.4
851k-900k 32 8 0 24
901k-950k 17 8 0.1 12.8
951k-1m 26 8 0.1 19.5
1m-1.1m 14 6 0.1 14
1.1m-1.2m 12 1 0 72
1.2m-1.3m 6 2 0.1 18
1.3m-1.4m 5 1 0 30
1.4m-1.5m 5 1 0 30
1.5m-1.6m 3 12 2 0.7 1.5
1.6m-1.7m 2 4 1 0.3 3
1.7m-1.8m 2 2 0.2 6
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 1 0.2 6
151k-175k 2 2 0.2 6
176k-200k 2 3 1 0.3 4
201k-225k 3 7 0.4 2.6
226k-250k 8 15 3 0.3 3.2
251k-275k 24 47 7 0.3 3.1
276k-300k 56 78 8 0.2 4.3
301k-325k 58 62 6 0.2 5.6
326k-350k 93 76 8 0.1 7.3
351k-375k 76 99 12 0.2 4.6
376k-400k 69 32 3 0.1 12.9
401k-425k 27 17 3 0.1 9.5
426k-450k 22 12 3 0.1 11
451k-475k 26 7 2 0 22.3
476k-500k 43 16 3 0.1 16.1
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

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 7 8 1 0.2 5.3
151k-175k 11 27 7 0.4 2.4
176k-200k 14 18 5 0.2 4.7
201k-225k 32 22 3 0.1 8.7
226k-250k 56 34 4 0.1 9.9
251k-275k 58 28 4 0.1 12.4
276k-300k 37 13 3 0.1 17.1
301k-325k 14 4 1 0 21
326k-350k 25 10 2 0.1 15
351k-375k 17 4 0 25.5
376k-400k 16 3 0 32
401k-425k 9 4 0.1 13.5
426k-450k 7 1 0 42
451k-475k 2 0
476k-500k 2 0.3 0
501k-550k 6 1 0 36
551k-600k 2 0
651k-700k 2 0
701k-750k 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 2 1 0 24
26k-50k 86 21 1 0 24.6
51k-75k 54 38 3 0.1 8.5
76k-100k 8 1 0 48
101k-125k 3 2 1 0.1 9
126k-150k 12 4 0.1 18
151k-175k 9 4 1 0.1 13.5
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 2 1 0.1 18
301k-325k 1 1 0.2 6
326k-350k 7 0
351k-375k 1 0
376k-400k 3 0
401k-425k 1 1 0.2 6
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 2 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