Absorption Report

Kissimmee, Morningside, Oakwood

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 Since 12/31 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 11 2 1.8 0
151k-175k 8 16 2 0.3 3
176k-200k 21 27 3 0.2 4.7
201k-225k 16 34 8 0.4 2.8
226k-250k 35 73 17 0.3 2.9
251k-275k 31 100 18 0.5 1.9
276k-300k 69 126 19 0.3 3.3
301k-325k 60 115 15 0.3 3.1
326k-350k 89 167 28 0.3 3.2
351k-375k 89 167 34 0.3 3.2
376k-400k 98 212 40 0.4 2.8
401k-425k 76 161 21 0.4 2.8
426k-450k 101 167 16 0.3 3.6
451k-475k 57 115 18 0.3 3
476k-500k 74 129 25 0.3 3.4
501k-550k 137 187 32 0.2 4.4
551k-600k 94 146 26 0.3 3.9
601k-650k 70 147 18 0.4 2.9
651k-700k 65 103 18 0.3 3.8
701k-750k 46 78 12 0.3 3.5
751k-800k 33 76 14 0.4 2.6
801k-850k 27 62 9 0.4 2.6
851k-900k 38 47 9 0.2 4.9
901k-950k 34 46 4 0.2 4.4
951k-1m 25 38 6 0.3 3.9
1m-1.1m 34 42 4 0.2 4.9
1.1m-1.2m 21 43 7 0.3 2.9
1.2m-1.3m 22 43 6 0.3 3.1
1.3m-1.4m 20 34 5 0.3 3.5
1.4m-1.5m 10 27 3 0.5 2.2
1.5m-1.6m 13 22 1 0.3 3.5
1.6m-1.7m 13 26 3 0.3 3
1.7m-1.8m 12 15 2 0.2 4.8
1.8m-1.9m 8 16 1 0.3 3
1.9m-2m 6 11 4 0.3 3.3
2m-2.25m 14 25 4 0.3 3.4
2.25m-2.5m 27 17 4 0.1 9.5
2.5m-2.75m 21 13 3 0.1 9.7
2.75m-3m 16 9 1 0.1 10.7
3m-3.5m 20 14 2 0.1 8.6
3.5m-4m 20 12 6 0.1 10
4m-4.5m 7 9 1 0.2 4.7
4.5m-5m 6 6 0.2 6
5.01m-6m 5 3 2 0.1 10
6.01m-7m 2 3 1 0.3 4
7.01m-8m 10 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
11.01m-12m 1 1 0.2 6
15.01m-16m 1 0
19.01m-20m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 1 0
26k-50k 1 0.2 0
126k-150k 1 0
151k-175k 2 0
176k-200k 6 6 3 0.2 6
201k-225k 9 21 4 0.4 2.6
226k-250k 30 34 2 0.2 5.3
251k-275k 23 56 6 0.4 2.5
276k-300k 38 36 6 0.2 6.3
301k-325k 34 42 12 0.2 4.9
326k-350k 35 27 6 0.1 7.8
351k-375k 17 32 4 0.3 3.2
376k-400k 22 38 2 0.3 3.5
401k-425k 18 25 4 0.2 4.3
426k-450k 16 16 1 0.2 6
451k-475k 8 14 3 0.3 3.4
476k-500k 15 11 4 0.1 8.2
501k-550k 18 24 3 0.2 4.5
551k-600k 14 17 0.2 4.9
601k-650k 12 18 2 0.3 4
651k-700k 15 18 1 0.2 5
701k-750k 11 16 4 0.2 4.1
751k-800k 15 16 5 0.2 5.6
801k-850k 12 9 1 0.1 8
851k-900k 9 9 5 0.2 6
901k-950k 4 7 1 0.3 3.4
951k-1m 6 8 1 0.2 4.5
1m-1.1m 7 2 0 21
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 7 2 2 0 21
1.3m-1.4m 1 3 0.5 2
1.4m-1.5m 1 0.2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 3 0.5 0
2m-2.25m 2 0.3 0
2.25m-2.5m 2 2 0.2 6
2.5m-2.75m 1 0
4m-4.5m 1 1 1 0.2 6

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
51k-75k 2 0.3 0
76k-100k 3 8 3 0.4 2.3
101k-125k 24 31 5 0.2 4.6
126k-150k 32 36 6 0.2 5.3
151k-175k 43 55 8 0.2 4.7
176k-200k 61 53 2 0.1 6.9
201k-225k 72 46 7 0.1 9.4
226k-250k 63 45 3 0.1 8.4
251k-275k 28 26 2 0.2 6.5
276k-300k 27 22 2 0.1 7.4
301k-325k 30 23 2 0.1 7.8
326k-350k 22 21 2 0.2 6.3
351k-375k 6 10 1 0.3 3.6
376k-400k 16 14 2 0.1 6.9
401k-425k 11 15 2 0.2 4.4
426k-450k 13 14 0.2 5.6
451k-475k 11 9 1 0.1 7.3
476k-500k 3 12 4 0.7 1.5
501k-550k 7 16 2 0.4 2.6
551k-600k 12 10 0.1 7.2
601k-650k 11 16 6 0.2 4.1
651k-700k 7 10 3 0.2 4.2
701k-750k 8 5 2 0.1 9.6
751k-800k 5 7 1 0.2 4.3
801k-850k 6 4 1 0.1 9
851k-900k 5 1 0 30
901k-950k 2 2 1 0.2 6
951k-1m 4 7 0.3 3.4
1m-1.1m 4 3 1 0.1 8
1.1m-1.2m 7 3 1 0.1 14
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 2 5 1 0.4 2.4
1.4m-1.5m 5 5 1 0.2 6
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 7 1.2 0.9
1.7m-1.8m 4 6 0.3 4
1.8m-1.9m 7 11 0.3 3.8
1.9m-2m 3 7 0.4 2.6
2m-2.25m 11 21 2 0.3 3.1
2.25m-2.5m 16 9 0.1 10.7
2.5m-2.75m 9 7 0.1 7.7
2.75m-3m 7 8 0.2 5.3
3m-3.5m 6 6 0.2 6
3.5m-4m 7 4 0.1 10.5
4m-4.5m 4 0
4.5m-5m 5 0
5.01m-6m 2 4 0.3 3
6.01m-7m 3 0
7.01m-8m 2 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
26k-50k 2 6 0.5 2
51k-75k 3 11 1 0.6 1.6
76k-100k 14 15 5 0.2 5.6
101k-125k 16 7 3 0.1 13.7
126k-150k 17 6 0.1 17
151k-175k 9 9 1 0.2 6
176k-200k 16 7 0.1 13.7
201k-225k 7 6 2 0.1 7
226k-250k 6 2 1 0.1 18
251k-275k 5 4 0.1 7.5
276k-300k 9 1 0 54
301k-325k 5 1 0 30
326k-350k 13 1 0 78
351k-375k 3 1 1 0.1 18
376k-400k 3 3 0.2 6
401k-425k 4 2 0.1 12
426k-450k 7 1 0 42
451k-475k 1 2 1 0.3 3
476k-500k 4 0
501k-550k 3 3 1 0.2 6
551k-600k 6 0
601k-650k 3 5 1 0.3 3.6
651k-700k 3 0
701k-750k 5 0
751k-800k 4 2 0.1 12
801k-850k 1 0
851k-900k 7 3 1 0.1 14
901k-950k 4 0
951k-1m 4 1 0 24
1m-1.1m 2 1 0.3 0
1.1m-1.2m 8 2 1 0 24
1.2m-1.3m 4 2 0.1 12
1.3m-1.4m 5 1 0 30
1.4m-1.5m 4 0
1.6m-1.7m 1 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 3 0
2.25m-2.5m 2 0
2.5m-2.75m 7 0
2.75m-3m 9 0
3.5m-4m 1 0.2 0
4m-4.5m 2 0
4.5m-5m 2 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 3 0
10.01m-11m 1 0
16.01m-17m 1 0