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 5 1 0.8 1.2
176k-200k 2 15 1 1.3 0.8
201k-225k 25 35 2 0.2 4.3
226k-250k 24 37 1 0.3 3.9
251k-275k 38 81 20 0.4 2.8
276k-300k 89 92 15 0.2 5.8
301k-325k 115 109 17 0.2 6.3
326k-350k 157 157 22 0.2 6
351k-375k 102 178 31 0.3 3.4
376k-400k 138 212 31 0.3 3.9
401k-425k 83 137 17 0.3 3.6
426k-450k 122 136 19 0.2 5.4
451k-475k 98 79 8 0.1 7.4
476k-500k 90 109 14 0.2 5
501k-550k 129 84 14 0.1 9.2
551k-600k 97 64 11 0.1 9.1
601k-650k 75 49 5 0.1 9.2
651k-700k 80 45 10 0.1 10.7
701k-750k 73 28 1 0.1 15.6
751k-800k 37 18 1 0.1 12.3
801k-850k 36 7 1 0 30.9
851k-900k 26 7 2 0 22.3
901k-950k 20 7 1 0.1 17.1
951k-1m 23 7 1 0.1 19.7
1m-1.1m 14 7 2 0.1 12
1.1m-1.2m 9 2 0 27
1.2m-1.3m 8 2 1 0 24
1.3m-1.4m 4 2 1 0.1 12
1.4m-1.5m 6 0
1.5m-1.6m 6 10 0.3 3.6
1.6m-1.7m 1 5 1 0.8 1.2
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 5 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
101k-125k 1 0
126k-150k 1 2 0.3 3
151k-175k 1 1 0.2 6
176k-200k 2 0.3 0
201k-225k 5 7 0.2 4.3
226k-250k 13 15 2 0.2 5.2
251k-275k 30 44 8 0.2 4.1
276k-300k 51 77 16 0.3 4
301k-325k 66 55 7 0.1 7.2
326k-350k 82 76 17 0.2 6.5
351k-375k 66 85 11 0.2 4.7
376k-400k 61 34 6 0.1 10.8
401k-425k 25 19 5 0.1 7.9
426k-450k 27 13 1 0.1 12.5
451k-475k 29 6 1 0 29
476k-500k 50 18 1 0.1 16.7
501k-550k 73 28 4 0.1 15.6
551k-600k 38 5 0 45.6
601k-650k 11 3 1 0 22
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 3 0.5 0
126k-150k 10 6 1 0.1 10
151k-175k 14 27 6 0.3 3.1
176k-200k 20 20 4 0.2 6
201k-225k 31 18 1 0.1 10.3
226k-250k 73 26 2 0.1 16.8
251k-275k 52 20 1 0.1 15.6
276k-300k 33 13 1 0.1 15.2
301k-325k 17 4 0 25.5
326k-350k 29 11 1 0.1 15.8
351k-375k 22 4 0 33
376k-400k 11 3 0 22
401k-425k 12 3 0 24
426k-450k 7 0
476k-500k 3 1 0.1 18
501k-550k 4 2 0.1 12
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 2 0.1 16
26k-50k 73 12 1 0 36.5
51k-75k 54 29 4 0.1 11.2
76k-100k 9 5 2 0.1 10.8
101k-125k 2 1 0.1 12
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 0
226k-250k 2 0
251k-275k 3 0
276k-300k 7 3 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 1 0.2 6
476k-500k 4 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
1.2m-1.3m 1 0
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.9m-2m 3 0
2.25m-2.5m 4 0
2.5m-2.75m 1 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