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 6 1 1
176k-200k 4 9 4 0.4 2.7
201k-225k 27 41 8 0.3 4
226k-250k 19 32 4 0.3 3.6
251k-275k 64 70 6 0.2 5.5
276k-300k 92 102 22 0.2 5.4
301k-325k 96 110 25 0.2 5.2
326k-350k 150 169 37 0.2 5.3
351k-375k 96 180 29 0.3 3.2
376k-400k 166 225 42 0.2 4.4
401k-425k 94 153 21 0.3 3.7
426k-450k 121 168 23 0.2 4.3
451k-475k 100 100 20 0.2 6
476k-500k 95 113 21 0.2 5
501k-550k 122 95 20 0.1 7.7
551k-600k 104 68 8 0.1 9.2
601k-650k 81 48 1 0.1 10.1
651k-700k 75 37 5 0.1 12.2
701k-750k 85 32 6 0.1 15.9
751k-800k 39 26 7 0.1 9
801k-850k 38 10 0 22.8
851k-900k 29 9 0.1 19.3
901k-950k 18 8 0.1 13.5
951k-1m 26 8 0.1 19.5
1m-1.1m 13 6 0.1 13
1.1m-1.2m 13 2 0 39
1.2m-1.3m 6 2 0.1 18
1.3m-1.4m 4 1 0 24
1.4m-1.5m 5 1 0 30
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 2 2 0.2 6
1.8m-1.9m 5 0
1.9m-2m 2 2 1 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 1 0.2 6
151k-175k 2 2 0.2 6
176k-200k 2 4 1 0.3 3
201k-225k 4 7 1 0.3 3.4
226k-250k 8 15 6 0.3 3.2
251k-275k 25 50 8 0.3 3
276k-300k 56 80 13 0.2 4.2
301k-325k 57 63 8 0.2 5.4
326k-350k 93 83 9 0.1 6.7
351k-375k 79 111 12 0.2 4.3
376k-400k 72 39 6 0.1 11.1
401k-425k 26 19 3 0.1 8.2
426k-450k 22 13 3 0.1 10.2
451k-475k 26 8 3 0.1 19.5
476k-500k 43 19 3 0.1 13.6
501k-550k 71 25 2 0.1 17
551k-600k 44 8 0 33
601k-650k 9 6 0.1 9
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 11 27 7 0.4 2.4
176k-200k 14 18 4 0.2 4.7
201k-225k 32 24 4 0.1 8
226k-250k 56 38 4 0.1 8.8
251k-275k 60 29 5 0.1 12.4
276k-300k 38 15 3 0.1 15.2
301k-325k 14 4 1 0 21
326k-350k 26 10 3 0.1 15.6
351k-375k 17 4 1 0 25.5
376k-400k 16 3 0 32
401k-425k 9 4 1 0.1 13.5
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

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 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 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 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 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