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 14 7 0.6 1.7
201k-225k 27 41 6 0.3 4
226k-250k 18 37 8 0.3 2.9
251k-275k 55 70 9 0.2 4.7
276k-300k 90 92 21 0.2 5.9
301k-325k 110 109 16 0.2 6.1
326k-350k 142 167 36 0.2 5.1
351k-375k 101 176 26 0.3 3.4
376k-400k 154 223 41 0.2 4.1
401k-425k 96 143 17 0.2 4
426k-450k 123 151 16 0.2 4.9
451k-475k 95 92 14 0.2 6.2
476k-500k 92 112 25 0.2 4.9
501k-550k 129 91 10 0.1 8.5
551k-600k 107 61 8 0.1 10.5
601k-650k 75 50 4 0.1 9
651k-700k 78 41 7 0.1 11.4
701k-750k 78 29 6 0.1 16.1
751k-800k 38 21 3 0.1 10.9
801k-850k 44 9 0 29.3
851k-900k 26 8 0.1 19.5
901k-950k 19 8 0.1 14.3
951k-1m 25 7 1 0 21.4
1m-1.1m 17 6 0.1 17
1.1m-1.2m 9 2 1 0 27
1.2m-1.3m 7 2 0 21
1.3m-1.4m 4 1 0 24
1.4m-1.5m 7 1 0 42
1.5m-1.6m 4 12 0.5 2
1.6m-1.7m 2 4 0.3 3
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 4 0
1.9m-2m 3 2 1 0.1 9
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 4 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 1 0.2 6
151k-175k 2 2 0.2 6
176k-200k 2 3 1 0.3 4
201k-225k 4 7 0.3 3.4
226k-250k 9 15 1 0.3 3.6
251k-275k 29 47 7 0.3 3.7
276k-300k 53 76 7 0.2 4.2
301k-325k 65 60 6 0.2 6.5
326k-350k 89 79 14 0.1 6.8
351k-375k 71 99 15 0.2 4.3
376k-400k 66 38 9 0.1 10.4
401k-425k 25 17 1 0.1 8.8
426k-450k 23 12 2 0.1 11.5
451k-475k 27 8 2 0 20.3
476k-500k 47 17 3 0.1 16.6
501k-550k 75 25 2 0.1 18
551k-600k 43 8 1 0 32.3
601k-650k 9 4 0.1 13.5
651k-700k 4 1 0 24
751k-800k 2 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
76k-100k 1 0
101k-125k 9 1.5 0
126k-150k 7 7 1 0.2 6
151k-175k 14 26 6 0.3 3.2
176k-200k 16 20 6 0.2 4.8
201k-225k 34 22 4 0.1 9.3
226k-250k 63 35 5 0.1 10.8
251k-275k 56 26 6 0.1 12.9
276k-300k 35 14 5 0.1 15
301k-325k 15 5 2 0.1 18
326k-350k 26 10 1 0.1 15.6
351k-375k 19 4 0 28.5
376k-400k 16 3 0 32
401k-425k 11 4 0.1 16.5
426k-450k 8 1 0 48
451k-475k 1 0
476k-500k 2 2 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 1 0 27
26k-50k 85 19 0 26.8
51k-75k 55 38 3 0.1 8.7
76k-100k 8 2 1 0 24
101k-125k 3 1 1 0.1 18
126k-150k 11 3 0 22
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
601k-650k 1 0.2 0
651k-700k 2 0
701k-750k 1 0.2 0
751k-800k 1 1 0.2 6
801k-850k 1 0
851k-900k 1 0
901k-950k 1 0
951k-1m 5 0
1m-1.1m 1 0
1.3m-1.4m 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 3 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