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
1k-25k 1 1 0.2 0
201k-225k 1 0.2 0
226k-250k 1 3 1 0.5 2
251k-275k 1 3 1 0.5 2
276k-300k 5 2 0.1 15
301k-325k 1 5 0.8 1.2
326k-350k 7 15 4 0.4 2.8
351k-375k 10 16 2 0.3 3.8
376k-400k 19 33 9 0.3 3.5
401k-425k 16 42 7 0.4 2.3
426k-450k 33 53 6 0.3 3.7
451k-475k 38 52 11 0.2 4.4
476k-500k 64 93 17 0.2 4.1
501k-550k 121 166 27 0.2 4.4
551k-600k 139 152 20 0.2 5.5
601k-650k 127 104 18 0.1 7.3
651k-700k 166 106 22 0.1 9.4
701k-750k 110 102 21 0.2 6.5
751k-800k 134 74 17 0.1 10.9
801k-850k 88 71 10 0.1 7.4
851k-900k 91 63 9 0.1 8.7
901k-950k 60 37 6 0.1 9.7
951k-1m 80 50 12 0.1 9.6
1m-1.1m 79 64 16 0.1 7.4
1.1m-1.2m 110 64 15 0.1 10.3
1.2m-1.3m 69 35 13 0.1 11.8
1.3m-1.4m 58 32 8 0.1 10.9
1.4m-1.5m 56 31 6 0.1 10.8
1.5m-1.6m 43 24 5 0.1 10.8
1.6m-1.7m 42 13 3 0.1 19.4
1.7m-1.8m 44 23 7 0.1 11.5
1.8m-1.9m 40 22 4 0.1 10.9
1.9m-2m 37 23 6 0.1 9.7
2m-2.25m 45 27 7 0.1 10
2.25m-2.5m 54 19 4 0.1 17.1
2.5m-2.75m 33 22 6 0.1 9
2.75m-3m 48 14 4 0 20.6
3m-3.5m 65 24 7 0.1 16.3
3.5m-4m 44 19 8 0.1 13.9
4m-4.5m 34 13 5 0.1 15.7
4.5m-5m 30 12 2 0.1 15
5.01m-6m 60 21 6 0.1 17.1
6.01m-7m 44 7 3 0 37.7
7.01m-8m 37 6 1 0 37
8.01m-9m 23 8 4 0.1 17.3
9.01m-10m 29 5 3 0 34.8
10.01m-11m 10 3 0.1 20
11.01m-12m 15 5 1 0.1 18
12.01m-13m 13 1 0 78
13.01m-14m 12 2 1 0 36
14.01m-15m 14 0
15.01m-16m 8 1 0 48
16.01m-17m 5 2 0.1 15
17.01m-18m 3 0
18.01m-19m 3 0
19.01m-20m 5 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 1 0 24
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
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 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
201k-225k 1 0
276k-300k 2 4 1 0.3 3
301k-325k 1 1 0.2 6
326k-350k 1 5 0.8 1.2
351k-375k 3 9 1 0.5 2
376k-400k 8 7 2 0.1 6.9
401k-425k 7 6 1 0.1 7
426k-450k 13 9 1 0.1 8.7
451k-475k 16 9 0.1 10.7
476k-500k 16 11 3 0.1 8.7
501k-550k 17 11 3 0.1 9.3
551k-600k 11 6 1 0.1 11
601k-650k 2 2 1 0.2 6
651k-700k 2 1 0.1 12
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

Condos 11% 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 4 1 0.7 1.5
126k-150k 5 5 2 0.2 6
151k-175k 17 8 1 0.1 12.8
176k-200k 26 31 4 0.2 5
201k-225k 39 46 6 0.2 5.1
226k-250k 52 38 6 0.1 8.2
251k-275k 63 68 12 0.2 5.6
276k-300k 128 87 20 0.1 8.8
301k-325k 83 79 14 0.2 6.3
326k-350k 135 81 15 0.1 10
351k-375k 100 58 8 0.1 10.3
376k-400k 115 64 13 0.1 10.8
401k-425k 85 57 14 0.1 8.9
426k-450k 86 43 11 0.1 12
451k-475k 56 31 2 0.1 10.8
476k-500k 91 36 8 0.1 15.2
501k-550k 116 44 9 0.1 15.8
551k-600k 94 50 7 0.1 11.3
601k-650k 71 37 9 0.1 11.5
651k-700k 64 26 8 0.1 14.8
701k-750k 42 30 3 0.1 8.4
751k-800k 51 19 4 0.1 16.1
801k-850k 39 12 2 0.1 19.5
851k-900k 54 23 4 0.1 14.1
901k-950k 28 22 6 0.1 7.6
951k-1m 45 13 5 0 20.8
1m-1.1m 34 20 3 0.1 10.2
1.1m-1.2m 51 18 6 0.1 17
1.2m-1.3m 42 19 5 0.1 13.3
1.3m-1.4m 40 8 0 30
1.4m-1.5m 29 7 4 0 24.9
1.5m-1.6m 19 9 0.1 12.7
1.6m-1.7m 16 7 0.1 13.7
1.7m-1.8m 26 4 2 0 39
1.8m-1.9m 20 9 2 0.1 13.3
1.9m-2m 22 10 1 0.1 13.2
2m-2.25m 32 7 1 0 27.4
2.25m-2.5m 41 6 0 41
2.5m-2.75m 29 7 1 0 24.9
2.75m-3m 27 9 3 0.1 18
3m-3.5m 39 6 1 0 39
3.5m-4m 27 10 1 0.1 16.2
4m-4.5m 15 2 1 0 45
4.5m-5m 13 3 2 0 26
5.01m-6m 9 7 0.1 7.7
6.01m-7m 14 5 2 0.1 16.8
7.01m-8m 8 2 2 0 24
8.01m-9m 5 0
9.01m-10m 3 1 0.1 18
10.01m-11m 4 2 1 0.1 12
11.01m-12m 3 0
12.01m-13m 2 0
14.01m-15m 1 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 8% 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 11 6 1 0.1 11
26k-50k 29 14 4 0.1 12.4
51k-75k 58 23 1 0.1 15.1
76k-100k 65 22 7 0.1 17.7
101k-125k 47 25 10 0.1 11.3
126k-150k 67 33 6 0.1 12.2
151k-175k 28 19 2 0.1 8.8
176k-200k 43 13 3 0.1 19.8
201k-225k 21 5 1 0 25.2
226k-250k 40 6 0 40
251k-275k 13 1 0 78
276k-300k 39 5 1 0 46.8
301k-325k 15 2 0 45
326k-350k 13 5 2 0.1 15.6
351k-375k 5 2 2 0.1 15
376k-400k 19 6 2 0.1 19
401k-425k 3 3 1 0.2 6
426k-450k 12 3 2 0 24
451k-475k 7 4 0.1 10.5
476k-500k 19 4 1 0 28.5
501k-550k 10 3 0.1 20
551k-600k 10 1 0 60
601k-650k 3 3 0.2 6
651k-700k 8 1 0 48
701k-750k 9 0
751k-800k 18 0
801k-850k 5 1 1 0 30
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 10 1 0 60
1.1m-1.2m 2 2 0.2 6
1.2m-1.3m 5 2 0.1 15
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
1.7m-1.8m 1 0
1.8m-1.9m 3 0
1.9m-2m 3 0
2m-2.25m 4 1 0 24
2.25m-2.5m 7 1 1 0 42
2.5m-2.75m 8 1 0 48
2.75m-3m 10 0
3m-3.5m 14 1 1 0 84
3.5m-4m 7 2 2 0 21
4m-4.5m 4 0
4.5m-5m 8 3 1 0.1 16
5.01m-6m 6 0
6.01m-7m 5 0
7.01m-8m 8 0
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 1 1 0.2 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