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 40 2 0.2 4.4
226k-250k 22 39 9 0.3 3.4
251k-275k 43 73 14 0.3 3.5
276k-300k 91 90 12 0.2 6.1
301k-325k 111 111 17 0.2 6
326k-350k 158 164 25 0.2 5.8
351k-375k 99 179 29 0.3 3.3
376k-400k 138 212 36 0.3 3.9
401k-425k 99 128 13 0.2 4.6
426k-450k 121 137 15 0.2 5.3
451k-475k 96 85 10 0.1 6.8
476k-500k 94 108 16 0.2 5.2
501k-550k 135 84 12 0.1 9.6
551k-600k 104 63 8 0.1 9.9
601k-650k 70 51 7 0.1 8.2
651k-700k 77 42 9 0.1 11
701k-750k 76 27 3 0.1 16.9
751k-800k 40 20 0.1 12
801k-850k 42 7 0 36
851k-900k 26 8 2 0.1 19.5
901k-950k 18 7 1 0.1 15.4
951k-1m 25 8 2 0.1 18.8
1m-1.1m 17 7 1 0.1 14.6
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 10 1 0 60
1.3m-1.4m 5 1 0 30
1.4m-1.5m 5 0
1.5m-1.6m 5 12 0.4 2.5
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 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 1 2 0.3 3
201k-225k 4 7 0.3 3.4
226k-250k 12 15 1 0.2 4.8
251k-275k 32 42 5 0.2 4.6
276k-300k 53 77 12 0.2 4.1
301k-325k 65 55 8 0.1 7.1
326k-350k 82 71 15 0.1 6.9
351k-375k 65 84 11 0.2 4.6
376k-400k 65 37 12 0.1 10.5
401k-425k 24 17 2 0.1 8.5
426k-450k 24 13 1 0.1 11.1
451k-475k 31 7 2 0 26.6
476k-500k 48 18 3 0.1 16
501k-550k 71 26 4 0.1 16.4
551k-600k 43 7 1 0 36.9
601k-650k 10 3 1 0.1 20
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 1 8 1.3 0.8
126k-150k 9 7 1 0.1 7.7
151k-175k 14 23 2 0.3 3.7
176k-200k 21 20 6 0.2 6.3
201k-225k 32 21 1 0.1 9.1
226k-250k 66 31 4 0.1 12.8
251k-275k 55 20 5 0.1 16.5
276k-300k 33 12 2 0.1 16.5
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 14 3 0 28
401k-425k 12 3 0 24
426k-450k 8 1 0 48
451k-475k 1 0
476k-500k 1 1 0.2 6
501k-550k 6 2 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 9 2 0 27
26k-50k 80 14 1 0 34.3
51k-75k 50 32 3 0.1 9.4
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 4 1 0 24
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 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