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 29 41 1 0.2 4.2
226k-250k 22 39 9 0.3 3.4
251k-275k 43 76 13 0.3 3.4
276k-300k 93 94 12 0.2 5.9
301k-325k 110 110 16 0.2 6
326k-350k 157 167 24 0.2 5.6
351k-375k 102 182 30 0.3 3.4
376k-400k 134 218 33 0.3 3.7
401k-425k 103 132 13 0.2 4.7
426k-450k 122 141 14 0.2 5.2
451k-475k 96 93 10 0.2 6.2
476k-500k 94 112 17 0.2 5
501k-550k 135 84 10 0.1 9.6
551k-600k 103 61 8 0.1 10.1
601k-650k 70 51 8 0.1 8.2
651k-700k 78 41 10 0.1 11.4
701k-750k 76 27 4 0.1 16.9
751k-800k 40 20 0.1 12
801k-850k 44 7 0 37.7
851k-900k 26 8 2 0.1 19.5
901k-950k 18 8 1 0.1 13.5
951k-1m 26 7 1 0 22.3
1m-1.1m 17 7 1 0.1 14.6
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 9 1 0 54
1.3m-1.4m 4 1 0 24
1.4m-1.5m 6 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 4 0
1.9m-2m 2 2 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 2 1 0.3 3
151k-175k 2 1 0.1 12
176k-200k 2 2 0.2 6
201k-225k 4 7 0.3 3.4
226k-250k 12 14 0.2 5.1
251k-275k 32 43 5 0.2 4.5
276k-300k 53 78 9 0.2 4.1
301k-325k 64 57 6 0.1 6.7
326k-350k 82 75 15 0.2 6.6
351k-375k 64 88 12 0.2 4.4
376k-400k 64 39 13 0.1 9.8
401k-425k 27 18 2 0.1 9
426k-450k 24 13 1 0.1 11.1
451k-475k 30 7 2 0 25.7
476k-500k 48 19 3 0.1 15.2
501k-550k 72 25 3 0.1 17.3
551k-600k 43 7 1 0 36.9
601k-650k 10 4 1 0.1 15
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 8 1.3 0
126k-150k 9 8 1 0.1 6.8
151k-175k 15 24 2 0.3 3.8
176k-200k 21 19 6 0.2 6.6
201k-225k 30 21 1 0.1 8.6
226k-250k 67 31 4 0.1 13
251k-275k 55 20 5 0.1 16.5
276k-300k 32 12 2 0.1 16
301k-325k 17 4 1 0 25.5
326k-350k 26 11 2 0.1 14.2
351k-375k 19 4 0 28.5
376k-400k 15 3 0 30
401k-425k 11 3 0 22
426k-450k 8 1 0 48
451k-475k 1 0
476k-500k 1 1 0.2 6
501k-550k 6 2 1 0.1 18
551k-600k 2 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 10 2 0 30
26k-50k 81 14 1 0 34.7
51k-75k 51 34 3 0.1 9
76k-100k 7 4 3 0.1 10.5
101k-125k 2 1 0.1 12
126k-150k 11 4 1 0.1 16.5
151k-175k 10 3 0.1 20
176k-200k 5 1 0 30
201k-225k 2 1 0.1 12
226k-250k 3 2 0.1 9
251k-275k 2 0
276k-300k 7 3 2 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 5 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 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
9.01m-10m 1 0
13.01m-14m 1 0