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 14% 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
151k-175k 1 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 3 2 0.1 9
276k-300k 5 1 0 30
301k-325k 2 6 0.5 2
326k-350k 11 14 6 0.2 4.7
351k-375k 8 18 3 0.4 2.7
376k-400k 29 24 6 0.1 7.3
401k-425k 18 35 6 0.3 3.1
426k-450k 42 54 7 0.2 4.7
451k-475k 34 56 6 0.3 3.6
476k-500k 57 76 8 0.2 4.5
501k-550k 135 130 16 0.2 6.2
551k-600k 152 126 16 0.1 7.2
601k-650k 145 112 21 0.1 7.8
651k-700k 159 106 19 0.1 9
701k-750k 116 108 9 0.2 6.4
751k-800k 132 80 16 0.1 9.9
801k-850k 117 69 7 0.1 10.2
851k-900k 100 57 9 0.1 10.5
901k-950k 65 38 6 0.1 10.3
951k-1m 100 45 7 0.1 13.3
1m-1.1m 93 53 8 0.1 10.5
1.1m-1.2m 106 59 17 0.1 10.8
1.2m-1.3m 94 41 9 0.1 13.8
1.3m-1.4m 66 34 7 0.1 11.6
1.4m-1.5m 57 33 9 0.1 10.4
1.5m-1.6m 41 27 8 0.1 9.1
1.6m-1.7m 53 22 3 0.1 14.5
1.7m-1.8m 48 23 5 0.1 12.5
1.8m-1.9m 33 23 3 0.1 8.6
1.9m-2m 38 20 4 0.1 11.4
2m-2.25m 48 26 6 0.1 11.1
2.25m-2.5m 61 21 6 0.1 17.4
2.5m-2.75m 34 22 3 0.1 9.3
2.75m-3m 63 18 3 0 21
3m-3.5m 78 23 7 0 20.3
3.5m-4m 58 25 8 0.1 13.9
4m-4.5m 41 14 3 0.1 17.6
4.5m-5m 34 15 1 0.1 13.6
5.01m-6m 73 17 4 0 25.8
6.01m-7m 46 15 7 0.1 18.4
7.01m-8m 44 9 2 0 29.3
8.01m-9m 30 9 3 0.1 20
9.01m-10m 25 9 3 0.1 16.7
10.01m-11m 17 3 2 0 34
11.01m-12m 17 4 0 25.5
12.01m-13m 17 1 0 102
13.01m-14m 17 1 0 102
14.01m-15m 12 0
15.01m-16m 9 0
16.01m-17m 6 2 0.1 18
17.01m-18m 3 1 1 0.1 18
18.01m-19m 4 0
19.01m-20m 8 0
20.01m-21m 3 0
21.01m-22m 3 1 1 0.1 18
23.01m-24m 4 0
25.01m-26m 4 0
26.01m-27m 2 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 3 0
35.01m-36m 1 0
38.01m-39m 1 0
43.01m-44m 1 0
44.01m-45m 1 1 0.2 6
49.01m-50m 1 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0

Townhouses 13% 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
251k-275k 1 0.2 0
276k-300k 3 3 0.2 6
301k-325k 1 1 0.2 6
326k-350k 2 4 0.3 3
351k-375k 10 9 0.2 6.7
376k-400k 9 3 0.1 18
401k-425k 10 6 1 0.1 10
426k-450k 13 11 3 0.1 7.1
451k-475k 12 9 3 0.1 8
476k-500k 16 13 2 0.1 7.4
501k-550k 8 11 0.2 4.4
551k-600k 12 5 0.1 14.4
601k-650k 3 1 0.1 18
651k-700k 2 1 0.1 12
701k-750k 3 0
751k-800k 1 1 0.2 6
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 2 0
2.75m-3m 1 0
7.01m-8m 1 0

Condos 10% 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 7 1 1.2 0
126k-150k 11 3 0 22
151k-175k 15 8 1 0.1 11.3
176k-200k 29 37 8 0.2 4.7
201k-225k 38 42 4 0.2 5.4
226k-250k 57 44 7 0.1 7.8
251k-275k 83 72 13 0.1 6.9
276k-300k 144 79 11 0.1 10.9
301k-325k 89 71 10 0.1 7.5
326k-350k 159 71 8 0.1 13.4
351k-375k 134 51 3 0.1 15.8
376k-400k 131 63 10 0.1 12.5
401k-425k 98 48 6 0.1 12.3
426k-450k 105 35 7 0.1 18
451k-475k 70 34 5 0.1 12.4
476k-500k 87 30 6 0.1 17.4
501k-550k 143 46 13 0.1 18.7
551k-600k 102 53 13 0.1 11.5
601k-650k 84 33 6 0.1 15.3
651k-700k 77 29 4 0.1 15.9
701k-750k 48 27 6 0.1 10.7
751k-800k 60 21 3 0.1 17.1
801k-850k 45 14 2 0.1 19.3
851k-900k 65 21 3 0.1 18.6
901k-950k 38 22 2 0.1 10.4
951k-1m 44 10 3 0 26.4
1m-1.1m 51 16 3 0.1 19.1
1.1m-1.2m 50 20 3 0.1 15
1.2m-1.3m 50 21 5 0.1 14.3
1.3m-1.4m 46 10 3 0 27.6
1.4m-1.5m 36 5 0 43.2
1.5m-1.6m 22 9 1 0.1 14.7
1.6m-1.7m 29 7 1 0 24.9
1.7m-1.8m 34 6 2 0 34
1.8m-1.9m 24 6 3 0 24
1.9m-2m 27 13 2 0.1 12.5
2m-2.25m 41 10 2 0 24.6
2.25m-2.5m 56 8 1 0 42
2.5m-2.75m 40 12 5 0.1 20
2.75m-3m 36 7 2 0 30.9
3m-3.5m 40 8 2 0 30
3.5m-4m 27 11 3 0.1 14.7
4m-4.5m 20 4 0 30
4.5m-5m 13 4 1 0.1 19.5
5.01m-6m 14 5 0.1 16.8
6.01m-7m 16 9 1 0.1 10.7
7.01m-8m 11 1 0 66
8.01m-9m 5 1 1 0 30
9.01m-10m 5 0
10.01m-11m 4 2 1 0.1 12
11.01m-12m 2 0
12.01m-13m 3 0
14.01m-15m 2 0
15.01m-16m 1 0
16.01m-17m 1 0
19.01m-20m 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 6 5 0.1 7.2
26k-50k 24 18 3 0.1 8
51k-75k 57 19 1 0.1 18
76k-100k 61 22 5 0.1 16.6
101k-125k 52 25 1 0.1 12.5
126k-150k 58 30 5 0.1 11.6
151k-175k 27 11 2 0.1 14.7
176k-200k 46 9 3 0 30.7
201k-225k 33 7 2 0 28.3
226k-250k 36 8 3 0 27
251k-275k 16 2 1 0 48
276k-300k 36 5 1 0 43.2
301k-325k 12 2 0 36
326k-350k 19 7 2 0.1 16.3
351k-375k 7 5 1 0.1 8.4
376k-400k 16 5 0.1 19.2
401k-425k 2 5 0.4 2.4
426k-450k 11 1 0 66
451k-475k 5 2 0.1 15
476k-500k 21 4 1 0 31.5
501k-550k 10 3 1 0.1 20
551k-600k 10 1 0 60
601k-650k 4 2 1 0.1 12
651k-700k 11 2 1 0 33
701k-750k 8 0
751k-800k 17 2 2 0 51
801k-850k 2 3 1 0.3 4
851k-900k 5 0
901k-950k 6 0
951k-1m 8 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 8 3 1 0.1 16
1.3m-1.4m 2 0
1.4m-1.5m 5 0
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.8m-1.9m 3 1 1 0.1 18
1.9m-2m 5 1 0 30
2m-2.25m 6 1 0 36
2.25m-2.5m 6 0
2.5m-2.75m 7 0
2.75m-3m 10 2 1 0 30
3m-3.5m 13 0
3.5m-4m 6 3 1 0.1 12
4m-4.5m 4 0
4.5m-5m 10 1 0 60
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 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
39.01m-40m 1 0
62.01m-63m 1 0