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 42 2 0.2 4.1
226k-250k 22 39 9 0.3 3.4
251k-275k 44 76 13 0.3 3.5
276k-300k 91 95 13 0.2 5.7
301k-325k 112 110 16 0.2 6.1
326k-350k 158 168 25 0.2 5.6
351k-375k 99 183 31 0.3 3.2
376k-400k 137 221 36 0.3 3.7
401k-425k 100 133 14 0.2 4.5
426k-450k 121 142 15 0.2 5.1
451k-475k 97 93 10 0.2 6.3
476k-500k 93 113 18 0.2 4.9
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 77 42 11 0.1 11
701k-750k 76 27 4 0.1 16.9
751k-800k 40 20 0.1 12
801k-850k 43 7 0 36.9
851k-900k 26 8 2 0.1 19.5
901k-950k 19 8 1 0.1 14.3
951k-1m 25 8 2 0.1 18.8
1m-1.1m 17 7 1 0.1 14.6
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 10 1 0 60
1.3m-1.4m 5 1 0 30
1.4m-1.5m 5 0
1.5m-1.6m 5 12 0.4 2.5
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 15 1 0.2 4.8
251k-275k 32 43 5 0.2 4.5
276k-300k 52 80 11 0.3 3.9
301k-325k 65 59 8 0.2 6.6
326k-350k 82 76 16 0.2 6.5
351k-375k 65 88 12 0.2 4.4
376k-400k 65 39 13 0.1 10
401k-425k 24 18 2 0.1 8
426k-450k 24 13 1 0.1 11.1
451k-475k 31 7 2 0 26.6
476k-500k 48 19 3 0.1 15.2
501k-550k 71 26 4 0.1 16.4
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 1 8 1.3 0.8
126k-150k 9 8 1 0.1 6.8
151k-175k 14 24 2 0.3 3.5
176k-200k 21 19 6 0.2 6.6
201k-225k 31 21 1 0.1 8.9
226k-250k 67 31 4 0.1 13
251k-275k 55 20 5 0.1 16.5
276k-300k 32 12 2 0.1 16
301k-325k 17 4 1 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 12 3 0 24
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 9 2 0 27
26k-50k 81 14 1 0 34.7
51k-75k 50 33 3 0.1 9.1
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 4 2 0.1 12
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