Absorption Report

Naples, 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 16% 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
226k-250k 1 1 1 0.2 6
251k-275k 1 2 0.3 3
276k-300k 5 2 0.1 15
301k-325k 2 6 1 0.5 2
326k-350k 9 17 3 0.3 3.2
351k-375k 9 17 4 0.3 3.2
376k-400k 19 31 6 0.3 3.7
401k-425k 17 40 4 0.4 2.6
426k-450k 35 49 8 0.2 4.3
451k-475k 35 53 11 0.3 4
476k-500k 64 92 19 0.2 4.2
501k-550k 121 152 24 0.2 4.8
551k-600k 147 137 17 0.2 6.4
601k-650k 129 106 14 0.1 7.3
651k-700k 165 109 28 0.1 9.1
701k-750k 105 103 23 0.2 6.1
751k-800k 134 76 21 0.1 10.6
801k-850k 96 68 10 0.1 8.5
851k-900k 93 65 13 0.1 8.6
901k-950k 64 36 7 0.1 10.7
951k-1m 83 48 7 0.1 10.4
1m-1.1m 86 59 9 0.1 8.7
1.1m-1.2m 112 59 9 0.1 11.4
1.2m-1.3m 72 38 14 0.1 11.4
1.3m-1.4m 60 29 8 0.1 12.4
1.4m-1.5m 63 26 7 0.1 14.5
1.5m-1.6m 46 28 7 0.1 9.9
1.6m-1.7m 36 17 7 0.1 12.7
1.7m-1.8m 44 23 6 0.1 11.5
1.8m-1.9m 37 22 6 0.1 10.1
1.9m-2m 39 22 4 0.1 10.6
2m-2.25m 42 27 8 0.1 9.3
2.25m-2.5m 58 19 6 0.1 18.3
2.5m-2.75m 31 23 5 0.1 8.1
2.75m-3m 56 15 6 0 22.4
3m-3.5m 65 22 8 0.1 17.7
3.5m-4m 51 19 8 0.1 16.1
4m-4.5m 33 13 3 0.1 15.2
4.5m-5m 33 12 2 0.1 16.5
5.01m-6m 62 19 7 0.1 19.6
6.01m-7m 46 8 3 0 34.5
7.01m-8m 40 8 2 0 30
8.01m-9m 24 8 3 0.1 18
9.01m-10m 29 6 3 0 29
10.01m-11m 13 4 1 0.1 19.5
11.01m-12m 18 5 1 0 21.6
12.01m-13m 16 1 0 96
13.01m-14m 10 2 1 0 30
14.01m-15m 13 1 1 0 78
15.01m-16m 9 0
16.01m-17m 5 2 0.1 15
17.01m-18m 3 0
18.01m-19m 3 0
19.01m-20m 6 0
20.01m-21m 3 0
21.01m-22m 5 0
22.01m-23m 1 0
23.01m-24m 3 0
25.01m-26m 4 0
27.01m-28m 2 0
28.01m-29m 1 0
29.01m-30m 1 1 0.2 6
32.01m-33m 1 0
34.01m-35m 4 0
43.01m-44m 1 0
44.01m-45m 1 0.2 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0

Townhouses 17% 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
201k-225k 1 0
276k-300k 3 4 1 0.2 4.5
301k-325k 1 0.2 0
326k-350k 1 5 0.8 1.2
351k-375k 5 9 1 0.3 3.3
376k-400k 7 6 2 0.1 7
401k-425k 8 6 1 0.1 8
426k-450k 12 9 1 0.1 8
451k-475k 16 7 0.1 13.7
476k-500k 17 12 4 0.1 8.5
501k-550k 17 11 4 0.1 9.3
551k-600k 10 5 2 0.1 12
601k-650k 2 2 1 0.2 6
651k-700k 1 1 0.2 6
701k-750k 3 0
751k-800k 1 1 1 0.2 6
1m-1.1m 1 0.2 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0
2.5m-2.75m 1 0

Condos 12% 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 0.2 0
101k-125k 1 6 2 1 1
126k-150k 8 5 2 0.1 9.6
151k-175k 17 8 0.1 12.8
176k-200k 25 33 5 0.2 4.5
201k-225k 37 42 3 0.2 5.3
226k-250k 55 40 9 0.1 8.3
251k-275k 73 62 9 0.1 7.1
276k-300k 132 89 18 0.1 8.9
301k-325k 84 75 14 0.1 6.7
326k-350k 141 79 20 0.1 10.7
351k-375k 107 57 13 0.1 11.3
376k-400k 114 59 14 0.1 11.6
401k-425k 86 55 12 0.1 9.4
426k-450k 94 41 10 0.1 13.8
451k-475k 51 36 9 0.1 8.5
476k-500k 95 31 4 0.1 18.4
501k-550k 126 37 8 0 20.4
551k-600k 94 50 12 0.1 11.3
601k-650k 73 38 15 0.1 11.5
651k-700k 68 28 9 0.1 14.6
701k-750k 45 25 2 0.1 10.8
751k-800k 55 18 3 0.1 18.3
801k-850k 43 12 2 0 21.5
851k-900k 56 25 4 0.1 13.4
901k-950k 28 21 5 0.1 8
951k-1m 45 12 2 0 22.5
1m-1.1m 37 19 3 0.1 11.7
1.1m-1.2m 48 18 4 0.1 16
1.2m-1.3m 39 20 5 0.1 11.7
1.3m-1.4m 42 8 2 0 31.5
1.4m-1.5m 32 6 1 0 32
1.5m-1.6m 22 10 1 0.1 13.2
1.6m-1.7m 20 8 1 0.1 15
1.7m-1.8m 26 3 2 0 52
1.8m-1.9m 27 8 1 0 20.3
1.9m-2m 23 10 1 0.1 13.8
2m-2.25m 32 10 5 0.1 19.2
2.25m-2.5m 49 8 3 0 36.8
2.5m-2.75m 35 6 1 0 35
2.75m-3m 26 7 4 0 22.3
3m-3.5m 39 7 2 0 33.4
3.5m-4m 28 10 0.1 16.8
4m-4.5m 15 2 0 45
4.5m-5m 13 4 2 0.1 19.5
5.01m-6m 13 8 1 0.1 9.8
6.01m-7m 16 7 4 0.1 13.7
7.01m-8m 9 1 1 0 54
8.01m-9m 5 0
9.01m-10m 4 1 0 24
10.01m-11m 4 1 1 0 24
11.01m-12m 1 1 1 0.2 6
12.01m-13m 2 0
14.01m-15m 2 0
16.01m-17m 1 0
19.01m-20m 1 0
27.01m-28m 1 0
29.01m-30m 2 0
44.01m-45m 1 0

Land 7% 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 9 6 1 0.1 9
26k-50k 27 15 2 0.1 10.8
51k-75k 61 24 3 0.1 15.3
76k-100k 60 23 6 0.1 15.7
101k-125k 49 24 6 0.1 12.3
126k-150k 67 33 6 0.1 12.2
151k-175k 28 16 3 0.1 10.5
176k-200k 44 10 3 0 26.4
201k-225k 22 6 2 0 22
226k-250k 37 6 0 37
251k-275k 16 1 0 96
276k-300k 41 5 1 0 49.2
301k-325k 15 3 0 30
326k-350k 17 4 1 0 25.5
351k-375k 6 4 3 0.1 9
376k-400k 17 5 1 0 20.4
401k-425k 2 4 2 0.3 3
426k-450k 13 3 1 0 26
451k-475k 7 4 0.1 10.5
476k-500k 20 3 0 40
501k-550k 10 5 2 0.1 12
551k-600k 10 1 0 60
601k-650k 3 2 0.1 9
651k-700k 9 1 1 0 54
701k-750k 9 0
751k-800k 18 0
801k-850k 5 1 1 0 30
851k-900k 3 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 7 2 1 0 21
1.3m-1.4m 3 0
1.4m-1.5m 6 0
1.5m-1.6m 2 1 1 0.1 12
1.6m-1.7m 4 0
1.8m-1.9m 3 0
1.9m-2m 4 1 1 0 24
2m-2.25m 4 1 0 24
2.25m-2.5m 7 0
2.5m-2.75m 7 1 0 42
2.75m-3m 11 0
3m-3.5m 13 1 0 78
3.5m-4m 8 2 2 0 24
4m-4.5m 3 0
4.5m-5m 11 2 0 33
5.01m-6m 5 0
6.01m-7m 4 0
7.01m-8m 8 0
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 1 1 0.2 0
12.01m-13m 1 0
17.01m-18m 1 0
19.01m-20m 2 0
24.01m-25m 1 0
31.01m-32m 1 0.2 0
62.01m-63m 1 0