Absorption Report

Land O' Lakes, Whispering Pines, Talon

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
51k-75k 1 0.2 0
76k-100k 1 2 0.3 3
101k-125k 3 1 0.5 0
126k-150k 4 0.7 0
151k-175k 2 8 0.7 1.5
176k-200k 11 14 4 0.2 4.7
201k-225k 12 22 3 0.3 3.3
226k-250k 22 15 3 0.1 8.8
251k-275k 13 21 2 0.3 3.7
276k-300k 16 14 0.1 6.9
301k-325k 13 11 1 0.1 7.1
326k-350k 21 23 1 0.2 5.5
351k-375k 15 14 2 0.2 6.4
376k-400k 20 8 1 0.1 15
401k-425k 17 15 0.1 6.8
426k-450k 21 8 1 0.1 15.8
451k-475k 10 7 0.1 8.6
476k-500k 12 6 0.1 12
501k-550k 15 18 0.2 5
551k-600k 18 12 2 0.1 9
601k-650k 12 5 1 0.1 14.4
651k-700k 13 2 1 0 39
701k-750k 4 0
751k-800k 2 0
801k-850k 1 1 0.2 6
851k-900k 1 0.2 0
1m-1.1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
1.9m-2m 1 0
3m-3.5m 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
151k-175k 1 1 0.2 0
176k-200k 1 1 0.2 6
201k-225k 1 1 0.2 6
226k-250k 4 0.7 0
251k-275k 2 3 0.3 4
276k-300k 7 12 1 0.3 3.5
301k-325k 12 2 1 0 36
326k-350k 3 2 0.1 9
351k-375k 1 0.2 0
376k-400k 1 1 0.2 6
451k-475k 1 0.2 0
501k-550k 1 0.2 0
551k-600k 1 0

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
26k-50k 1 0
51k-75k 1 0.2 0
76k-100k 1 3 1 0.5 2
101k-125k 13 7 1 0.1 11.1
126k-150k 12 7 0.1 10.3
151k-175k 17 6 0.1 17
176k-200k 9 3 0.1 18
201k-225k 7 6 0.1 7
226k-250k 11 6 1 0.1 11
251k-275k 11 2 0 33
276k-300k 3 1 0.1 18
301k-325k 12 1 0 72
326k-350k 4 2 1 0.1 12
351k-375k 3 1 0.1 18
376k-400k 3 2 0.1 9
401k-425k 2 2 1 0.2 6
426k-450k 2 2 0.2 6
451k-475k 5 3 1 0.1 10
476k-500k 6 2 2 0.1 18
501k-550k 10 1 1 0 60
551k-600k 6 2 0.1 18
601k-650k 5 1 0 30
651k-700k 1 0
701k-750k 5 2 1 0.1 15
751k-800k 3 0
851k-900k 1 0.2 0
901k-950k 1 0.2 0
1.2m-1.3m 1 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
1k-25k 1 3 0.5 2
26k-50k 11 4 1 0.1 16.5
51k-75k 2 0
76k-100k 1 0
101k-125k 2 0
126k-150k 1 0
151k-175k 1 0
176k-200k 2 0
201k-225k 2 0
226k-250k 1 1 1 0.2 6
276k-300k 1 0
326k-350k 1 1 0.2 6
476k-500k 2 0
851k-900k 1 0
951k-1m 2 0
1.1m-1.2m 1 0
1.5m-1.6m 1 0
3.5m-4m 1 0