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 38 76 16 0.3 3
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 102 183 30 0.3 3.3
376k-400k 133 217 36 0.3 3.7
401k-425k 96 128 14 0.2 4.5
426k-450k 118 141 19 0.2 5
451k-475k 89 86 11 0.2 6.2
476k-500k 87 109 15 0.2 4.8
501k-550k 129 86 13 0.1 9
551k-600k 96 64 8 0.1 9
601k-650k 66 52 7 0.1 7.6
651k-700k 76 44 10 0.1 10.4
701k-750k 72 27 3 0.1 16
751k-800k 36 20 0.1 10.8
801k-850k 39 7 0 33.4
851k-900k 24 8 2 0.1 18
901k-950k 18 7 1 0.1 15.4
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 4 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 50 78 13 0.3 3.8
301k-325k 60 55 7 0.2 6.5
326k-350k 79 78 20 0.2 6.1
351k-375k 63 88 14 0.2 4.3
376k-400k 60 38 11 0.1 9.5
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 46 18 3 0.1 15.3
501k-550k 69 26 4 0.1 15.9
551k-600k 41 7 1 0 35.1
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 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 65 31 4 0.1 12.6
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 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 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 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 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 4 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