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 28 41 1 0.2 4.1
226k-250k 22 40 9 0.3 3.3
251k-275k 43 75 13 0.3 3.4
276k-300k 92 94 13 0.2 5.9
301k-325k 111 112 16 0.2 5.9
326k-350k 152 163 27 0.2 5.6
351k-375k 100 184 32 0.3 3.3
376k-400k 137 223 39 0.3 3.7
401k-425k 102 136 16 0.2 4.5
426k-450k 123 143 15 0.2 5.2
451k-475k 97 95 13 0.2 6.1
476k-500k 96 113 20 0.2 5.1
501k-550k 136 88 12 0.1 9.3
551k-600k 104 62 10 0.1 10.1
601k-650k 73 51 8 0.1 8.6
651k-700k 78 43 11 0.1 10.9
701k-750k 73 28 4 0.1 15.6
751k-800k 37 21 0.1 10.6
801k-850k 44 7 0 37.7
851k-900k 25 10 2 0.1 15
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 1 0 36
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 5 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 11 14 0.2 4.7
251k-275k 28 43 3 0.3 3.9
276k-300k 51 78 9 0.3 3.9
301k-325k 66 60 7 0.2 6.6
326k-350k 88 74 12 0.1 7.1
351k-375k 64 92 12 0.2 4.2
376k-400k 67 36 13 0.1 11.2
401k-425k 28 18 2 0.1 9.3
426k-450k 24 12 0.1 12
451k-475k 29 8 2 0 21.8
476k-500k 47 19 4 0.1 14.8
501k-550k 74 26 3 0.1 17.1
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 7 0.1 7.7
151k-175k 15 25 2 0.3 3.6
176k-200k 21 19 4 0.2 6.6
201k-225k 30 22 1 0.1 8.2
226k-250k 70 31 4 0.1 13.5
251k-275k 54 23 5 0.1 14.1
276k-300k 32 13 2 0.1 14.8
301k-325k 17 4 2 0 25.5
326k-350k 26 11 2 0.1 14.2
351k-375k 20 4 0 30
376k-400k 15 3 0 30
401k-425k 11 3 0 22
426k-450k 8 1 0 48
451k-475k 1 0
476k-500k 2 1 0.1 12
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 83 14 1 0 35.6
51k-75k 53 38 3 0.1 8.4
76k-100k 7 4 3 0.1 10.5
101k-125k 2 1 0.1 12
126k-150k 12 4 1 0.1 18
151k-175k 10 4 0.1 15
176k-200k 5 1 0 30
201k-225k 2 1 0.1 12
226k-250k 3 2 0.1 9
251k-275k 2 1 0.1 12
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