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 15 6 0.6 1.6
201k-225k 26 40 2 0.3 3.9
226k-250k 23 40 9 0.3 3.5
251k-275k 37 76 16 0.3 2.9
276k-300k 87 91 13 0.2 5.7
301k-325k 105 112 18 0.2 5.6
326k-350k 150 169 29 0.2 5.3
351k-375k 103 183 30 0.3 3.4
376k-400k 133 217 36 0.3 3.7
401k-425k 95 128 14 0.2 4.5
426k-450k 118 141 19 0.2 5
451k-475k 88 86 11 0.2 6.1
476k-500k 85 110 16 0.2 4.6
501k-550k 128 86 13 0.1 8.9
551k-600k 94 64 8 0.1 8.8
601k-650k 65 52 7 0.1 7.5
651k-700k 75 44 10 0.1 10.2
701k-750k 70 27 3 0.1 15.6
751k-800k 36 20 0.1 10.8
801k-850k 37 7 0 31.7
851k-900k 24 8 2 0.1 18
901k-950k 17 7 1 0.1 14.6
951k-1m 22 8 2 0.1 16.5
1m-1.1m 16 7 1 0.1 13.7
1.1m-1.2m 8 2 1 0 24
1.2m-1.3m 10 2 1 0 30
1.3m-1.4m 5 1 0 30
1.4m-1.5m 5 0
1.5m-1.6m 4 12 0.5 2
1.6m-1.7m 2 5 1 0.4 2.4
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 3 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 1 2 1 0.3 3
151k-175k 2 1 0.1 12
176k-200k 2 0.3 0
201k-225k 4 7 0.3 3.4
226k-250k 12 15 1 0.2 4.8
251k-275k 28 42 5 0.3 4
276k-300k 49 78 13 0.3 3.8
301k-325k 60 55 7 0.2 6.5
326k-350k 78 78 20 0.2 6
351k-375k 63 88 14 0.2 4.3
376k-400k 59 38 11 0.1 9.3
401k-425k 24 17 2 0.1 8.5
426k-450k 24 13 1 0.1 11.1
451k-475k 29 7 2 0 24.9
476k-500k 44 18 3 0.1 14.7
501k-550k 68 26 4 0.1 15.7
551k-600k 40 7 1 0 34.3
601k-650k 10 3 1 0.1 20
651k-700k 2 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 1 8 1.3 0.8
126k-150k 8 7 1 0.1 6.9
151k-175k 13 24 3 0.3 3.3
176k-200k 20 20 6 0.2 6
201k-225k 29 21 1 0.1 8.3
226k-250k 64 31 4 0.1 12.4
251k-275k 50 20 5 0.1 15
276k-300k 31 12 2 0.1 15.5
301k-325k 17 4 1 0 25.5
326k-350k 25 11 2 0.1 13.6
351k-375k 19 4 0 28.5
376k-400k 13 3 0 26
401k-425k 12 3 0 24
426k-450k 8 1 0 48
476k-500k 2 1 0.1 12
501k-550k 5 2 0.1 15
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 1 0.1 16
26k-50k 74 14 1 0 31.7
51k-75k 46 34 4 0.1 8.1
76k-100k 7 4 3 0.1 10.5
101k-125k 1 1 0.2 6
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 1 0.1 12
251k-275k 2 0
276k-300k 7 3 1 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
651k-700k 2 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
1.4m-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 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