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 41 1 0.2 4.2
226k-250k 21 39 9 0.3 3.2
251k-275k 44 76 14 0.3 3.5
276k-300k 92 94 14 0.2 5.9
301k-325k 111 110 16 0.2 6.1
326k-350k 157 168 29 0.2 5.6
351k-375k 101 183 32 0.3 3.3
376k-400k 135 220 38 0.3 3.7
401k-425k 104 132 16 0.2 4.7
426k-450k 122 142 14 0.2 5.2
451k-475k 96 93 13 0.2 6.2
476k-500k 94 112 20 0.2 5
501k-550k 135 86 11 0.1 9.4
551k-600k 104 62 9 0.1 10.1
601k-650k 70 51 8 0.1 8.2
651k-700k 78 41 10 0.1 11.4
701k-750k 75 27 4 0.1 16.7
751k-800k 38 20 0.1 11.4
801k-850k 44 7 0 37.7
851k-900k 26 8 2 0.1 19.5
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 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 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 12 14 0.2 5.1
251k-275k 33 44 5 0.2 4.5
276k-300k 53 78 9 0.2 4.1
301k-325k 64 58 6 0.2 6.6
326k-350k 82 75 16 0.2 6.6
351k-375k 64 90 13 0.2 4.3
376k-400k 65 37 12 0.1 10.5
401k-425k 28 18 2 0.1 9.3
426k-450k 24 13 1 0.1 11.1
451k-475k 30 8 2 0 22.5
476k-500k 48 19 3 0.1 15.2
501k-550k 72 25 3 0.1 17.3
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 8 1 0.1 6.8
151k-175k 15 24 2 0.3 3.8
176k-200k 22 19 5 0.1 6.9
201k-225k 30 21 1 0.1 8.6
226k-250k 69 31 4 0.1 13.4
251k-275k 55 21 5 0.1 15.7
276k-300k 32 12 2 0.1 16
301k-325k 17 4 2 0 25.5
326k-350k 26 11 2 0.1 14.2
351k-375k 19 4 0 28.5
376k-400k 15 3 0 30
401k-425k 11 3 0 22
426k-450k 8 1 0 48
451k-475k 1 0
476k-500k 1 1 0.2 6
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 51 36 3 0.1 8.5
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 3 2 0.1 9
251k-275k 2 0
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