Absorption Report

South Seas, Marco Island, FL

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.

How is Absorption Rate calculated? How is Months of Inventory calculated?

Seller's Market	Balanced Market	Buyer's Market
< 5 months Inventory	5 months Inventory	> 5 months Inventory

Condos 17% of available homes are currently under contract

List Price	Available	Sold Last 6 Months	Under Contract Last 30 days	Absorption Rate	Months of Inventory
451k-475k		1		0.2	0

$460,000 601 Seaview Ct. #C403 Marco Island, FL

476k-500k		1		0.2	0

$499,000 651 Seaview Ct. #B503 Marco Island, FL

551k-600k		1		0.2	0

$590,000 591 Seaview Ct. #A-509 Marco Island, FL

601k-650k	1	1		0.2	6
$650,000 440 Seaview Ct. #308 Marco Island, FL
$639,000 440 Seaview Ct. #1109 Marco Island, FL

651k-700k	7	3	1	0.1	14
$699,000 380 Seaview Ct. #1501 Marco Island, FL $659,000 380 Seaview Ct. #1410 Marco Island, FL $665,000 440 Seaview Ct. #1004 Marco Island, FL $699,000 380 Seaview Ct. #310 Marco Island, FL $679,000 380 Seaview Ct. #1109 Marco Island, FL $675,000 440 Seaview Ct. #1908 Marco Island, FL $659,000 260 Seaview Ct. #309 Marco Island, FL
$675,000 380 Seaview Ct. #1205 Marco Island, FL $687,500 440 Seaview Ct. #1204 Marco Island, FL $680,000 513 Seaview Ct. #P1 Marco Island, FL
$675,000 380 Seaview Ct. #1205 Marco Island, FL
701k-750k	2	2	1	0.2	6
$749,000 440 Seaview Ct. #601 Marco Island, FL $750,000 380 Seaview Ct. #405 Marco Island, FL
$725,000 380 Seaview Ct. #1909 Marco Island, FL $725,000 561 Seaview Ct. #F-4 Marco Island, FL
$725,000 561 Seaview Ct. #F-4 Marco Island, FL
751k-800k	6	1		0	36
$759,000 380 Seaview Ct. #1808 Marco Island, FL $769,000 440 Seaview Ct. #1602 Marco Island, FL $769,000 320 Seaview Ct. #1410 Marco Island, FL $759,999 320 Seaview Ct. #304 Marco Island, FL $798,500 320 Seaview Ct. #2-303 Marco Island, FL $799,900 380 Seaview Ct. #604 Marco Island, FL
$780,000 380 Seaview Ct. #1812 Marco Island, FL

801k-850k	3			0
$849,000 380 Seaview Ct. #1108 Marco Island, FL $839,000 440 Seaview Ct. #1809 Marco Island, FL $850,000 320 Seaview Ct. #1801 Marco Island, FL


851k-900k	5	2	2	0.1	15
$879,000 380 Seaview Ct. #1607 Marco Island, FL $899,999 380 Seaview Ct. #1005 Marco Island, FL $899,000 260 Seaview Ct. #803 Marco Island, FL $899,900 260 Seaview Ct. #1006 Marco Island, FL $865,000 440 Seaview Ct. #1610 Marco Island, FL
$899,000 260 Seaview Ct. #710 Marco Island, FL $890,000 320 Seaview Ct. #2-909 Marco Island, FL
$899,000 260 Seaview Ct. #710 Marco Island, FL $890,000 320 Seaview Ct. #2-909 Marco Island, FL
901k-950k	1	1		0.2	6
$925,000 440 Seaview Ct. #1805 Marco Island, FL
$920,000 380 Seaview Ct. #912 Marco Island, FL

951k-1m	1			0
$999,000 440 Seaview Ct. #1901 Marco Island, FL


1m-1.1m	1			0
$1,089,000 320 Seaview Ct. #2-511 Marco Island, FL


1.1m-1.2m	2			0
$1,140,000 380 Seaview Ct. #412 Marco Island, FL $1,200,000 320 Seaview Ct. #1212 Marco Island, FL


1.2m-1.3m	1			0
$1,300,000 440 Seaview Ct. #1012 Marco Island, FL