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 4 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 72 8 0.2 5.6
276k-300k 87 100 21 0.2 5.2
301k-325k 100 109 21 0.2 5.5
326k-350k 150 169 36 0.2 5.3
351k-375k 96 179 27 0.3 3.2
376k-400k 163 226 44 0.2 4.3
401k-425k 101 154 16 0.3 3.9
426k-450k 120 162 18 0.2 4.4
451k-475k 100 98 18 0.2 6.1
476k-500k 97 114 22 0.2 5.1
501k-550k 118 94 18 0.1 7.5
551k-600k 100 67 8 0.1 9
601k-650k 82 50 3 0.1 9.8
651k-700k 78 39 7 0.1 12
701k-750k 83 30 4 0.1 16.6
751k-800k 39 23 5 0.1 10.2
801k-850k 39 10 0 23.4
851k-900k 31 8 0 23.3
901k-950k 19 8 0.1 14.3
951k-1m 26 8 0.1 19.5
1m-1.1m 13 6 0.1 13
1.1m-1.2m 12 1 0 72
1.2m-1.3m 6 2 0.1 18
1.3m-1.4m 4 1 0 24
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 4 1 0.3 3
201k-225k 3 7 0.4 2.6
226k-250k 8 15 5 0.3 3.2
251k-275k 24 48 7 0.3 3
276k-300k 57 79 8 0.2 4.3
301k-325k 58 62 7 0.2 5.6
326k-350k 93 78 9 0.1 7.2
351k-375k 76 102 12 0.2 4.5
376k-400k 71 35 5 0.1 12.2
401k-425k 26 18 3 0.1 8.7
426k-450k 22 13 3 0.1 10.2
451k-475k 26 8 3 0.1 19.5
476k-500k 43 18 3 0.1 14.3
501k-550k 71 25 2 0.1 17
551k-600k 43 8 0 32.3
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 19 5 0.2 4.4
201k-225k 32 22 4 0.1 8.7
226k-250k 57 35 4 0.1 9.8
251k-275k 59 29 4 0.1 12.2
276k-300k 38 15 3 0.1 15.2
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 1 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 22 1 0 23.5
51k-75k 53 38 3 0.1 8.4
76k-100k 8 1 0 48
101k-125k 3 2 1 0.1 9
126k-150k 12 5 0.1 14.4
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 1 0.2 0
476k-500k 3 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 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