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 3 16 2 0.9 1.1
201k-225k 26 38 2 0.2 4.1
226k-250k 27 40 5 0.2 4.1
251k-275k 39 80 20 0.3 2.9
276k-300k 87 96 19 0.2 5.4
301k-325k 115 113 22 0.2 6.1
326k-350k 158 165 26 0.2 5.7
351k-375k 103 186 37 0.3 3.3
376k-400k 133 217 37 0.3 3.7
401k-425k 84 136 17 0.3 3.7
426k-450k 122 141 21 0.2 5.2
451k-475k 92 79 9 0.1 7
476k-500k 86 112 16 0.2 4.6
501k-550k 125 88 15 0.1 8.5
551k-600k 94 64 11 0.1 8.8
601k-650k 72 50 6 0.1 8.6
651k-700k 75 47 11 0.1 9.6
701k-750k 75 27 2 0.1 16.7
751k-800k 39 20 1 0.1 11.7
801k-850k 34 6 0 34
851k-900k 24 7 2 0 20.6
901k-950k 22 7 1 0.1 18.9
951k-1m 23 8 1 0.1 17.3
1m-1.1m 15 6 1 0.1 15
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 5 0
1.5m-1.6m 5 10 0.3 3
1.6m-1.7m 3 5 1 0.3 3.6
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 5 7 0.2 4.3
226k-250k 14 15 1 0.2 5.6
251k-275k 31 46 9 0.2 4
276k-300k 49 77 15 0.3 3.8
301k-325k 61 56 7 0.2 6.5
326k-350k 77 78 19 0.2 5.9
351k-375k 63 87 12 0.2 4.3
376k-400k 59 37 9 0.1 9.6
401k-425k 24 18 3 0.1 8
426k-450k 26 13 1 0.1 12
451k-475k 30 6 1 0 30
476k-500k 47 18 3 0.1 15.7
501k-550k 70 27 5 0.1 15.6
551k-600k 38 6 1 0 38
601k-650k 9 3 1 0.1 18
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 3 0.5 2
126k-150k 9 6 1 0.1 9
151k-175k 12 23 2 0.3 3.1
176k-200k 21 19 4 0.2 6.6
201k-225k 31 21 0.1 8.9
226k-250k 69 30 3 0.1 13.8
251k-275k 51 20 4 0.1 15.3
276k-300k 31 13 1 0.1 14.3
301k-325k 16 4 1 0 24
326k-350k 27 11 2 0.1 14.7
351k-375k 21 4 0 31.5
376k-400k 14 3 0 28
401k-425k 11 3 0 22
426k-450k 8 1 0 48
476k-500k 2 1 0.1 12
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 2 1 0 24
26k-50k 76 13 2 0 35.1
51k-75k 52 31 5 0.1 10.1
76k-100k 7 5 3 0.1 8.4
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 1 0.1 12
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 3 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 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