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
126k-150k 1 0.2 0
151k-175k 1 7 1.2 0.9
176k-200k 4 9 4 0.4 2.7
201k-225k 26 41 8 0.3 3.8
226k-250k 20 32 4 0.3 3.8
251k-275k 60 69 5 0.2 5.2
276k-300k 93 99 19 0.2 5.6
301k-325k 96 110 25 0.2 5.2
326k-350k 152 165 32 0.2 5.5
351k-375k 95 176 25 0.3 3.2
376k-400k 165 216 33 0.2 4.6
401k-425k 92 151 19 0.3 3.7
426k-450k 113 166 20 0.2 4.1
451k-475k 100 98 18 0.2 6.1
476k-500k 94 110 19 0.2 5.1
501k-550k 124 94 19 0.1 7.9
551k-600k 104 65 5 0.1 9.6
601k-650k 77 48 2 0.1 9.6
651k-700k 78 36 4 0.1 13
701k-750k 85 31 5 0.1 16.5
751k-800k 39 26 7 0.1 9
801k-850k 38 10 0 22.8
851k-900k 30 9 0.1 20
901k-950k 18 8 0.1 13.5
951k-1m 25 8 0.1 18.8
1m-1.1m 13 6 0.1 13
1.1m-1.2m 12 2 0 36
1.2m-1.3m 7 2 0 21
1.3m-1.4m 4 1 0 24
1.4m-1.5m 6 1 0 36
1.5m-1.6m 3 12 2 0.7 1.5
1.6m-1.7m 2 4 1 0.3 3
1.7m-1.8m 1 2 0.3 3
1.8m-1.9m 5 0
1.9m-2m 2 1 0.1 12
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 1 0.2 6
151k-175k 1 2 0.3 3
176k-200k 2 5 1 0.4 2.4
201k-225k 5 7 1 0.2 4.3
226k-250k 8 15 6 0.3 3.2
251k-275k 27 48 6 0.3 3.4
276k-300k 55 80 13 0.2 4.1
301k-325k 58 62 7 0.2 5.6
326k-350k 92 82 8 0.1 6.7
351k-375k 76 110 11 0.2 4.1
376k-400k 72 38 4 0.1 11.4
401k-425k 26 19 3 0.1 8.2
426k-450k 22 13 3 0.1 10.2
451k-475k 25 8 3 0.1 18.8
476k-500k 44 17 1 0.1 15.5
501k-550k 73 25 2 0.1 17.5
551k-600k 42 8 0 31.5
601k-650k 10 6 0.1 10
651k-700k 5 1 0 30

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 1.5 0
126k-150k 8 9 1 0.2 5.3
151k-175k 10 27 7 0.5 2.2
176k-200k 15 18 4 0.2 5
201k-225k 32 23 3 0.1 8.3
226k-250k 55 38 4 0.1 8.7
251k-275k 62 29 5 0.1 12.8
276k-300k 38 15 3 0.1 15.2
301k-325k 14 3 0 28
326k-350k 27 10 3 0.1 16.2
351k-375k 16 4 1 0 24
376k-400k 15 3 0 30
401k-425k 10 4 1 0.1 15
426k-450k 7 1 0 42
451k-475k 2 0
476k-500k 2 0.3 0
501k-550k 6 1 0 36
551k-600k 2 0
651k-700k 2 0
701k-750k 1 0
901k-950k 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 86 22 1 0 23.5
51k-75k 52 38 3 0.1 8.2
76k-100k 9 1 0 54
101k-125k 3 2 1 0.1 9
126k-150k 12 5 0.1 14.4
151k-175k 9 4 1 0.1 13.5
176k-200k 4 1 0 24
201k-225k 2 1 0.1 12
226k-250k 3 2 0.1 9
251k-275k 2 1 0.1 12
276k-300k 6 1 0 36
301k-325k 1 1 0.2 6
326k-350k 7 0
351k-375k 1 0
376k-400k 3 0
401k-425k 1 1 0.2 6
426k-450k 3 1 0.1 18
451k-475k 1 1 0.2 0
476k-500k 3 0
501k-550k 5 0
551k-600k 2 1 0.1 12
601k-650k 1 0.2 0
651k-700k 2 0
701k-750k 1 1 0.2 0
751k-800k 1 1 0.2 0
801k-850k 1 0
851k-900k 1 0
901k-950k 2 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 2 0
4m-4.5m 1 0
4.5m-5m 2 0
6.01m-7m 2 0
7.01m-8m 2 0
13.01m-14m 1 0