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
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 8 16 4 0.3 3
351k-375k 9 17 3 0.3 3.2
376k-400k 21 32 3 0.3 3.9
401k-425k 17 40 5 0.4 2.6
426k-450k 31 51 7 0.3 3.6
451k-475k 40 54 9 0.2 4.4
476k-500k 63 95 19 0.3 4
501k-550k 123 162 28 0.2 4.6
551k-600k 146 146 16 0.2 6
601k-650k 128 106 16 0.1 7.2
651k-700k 166 113 28 0.1 8.8
701k-750k 112 100 19 0.1 6.7
751k-800k 135 76 19 0.1 10.7
801k-850k 93 70 10 0.1 8
851k-900k 93 63 9 0.1 8.9
901k-950k 61 37 7 0.1 9.9
951k-1m 89 50 13 0.1 10.7
1m-1.1m 84 62 12 0.1 8.1
1.1m-1.2m 112 63 11 0.1 10.7
1.2m-1.3m 73 37 14 0.1 11.8
1.3m-1.4m 59 32 8 0.1 11.1
1.4m-1.5m 58 28 6 0.1 12.4
1.5m-1.6m 47 26 7 0.1 10.8
1.6m-1.7m 38 16 6 0.1 14.3
1.7m-1.8m 47 22 6 0.1 12.8
1.8m-1.9m 37 24 7 0.1 9.3
1.9m-2m 39 22 6 0.1 10.6
2m-2.25m 43 28 6 0.1 9.2
2.25m-2.5m 59 17 4 0 20.8
2.5m-2.75m 30 23 6 0.1 7.8
2.75m-3m 49 16 5 0.1 18.4
3m-3.5m 66 23 7 0.1 17.2
3.5m-4m 46 18 7 0.1 15.3
4m-4.5m 36 12 5 0.1 18
4.5m-5m 32 12 2 0.1 16
5.01m-6m 61 19 6 0.1 19.3
6.01m-7m 44 8 4 0 33
7.01m-8m 39 7 2 0 33.4
8.01m-9m 25 8 4 0.1 18.8
9.01m-10m 28 5 3 0 33.6
10.01m-11m 9 4 1 0.1 13.5
11.01m-12m 15 5 1 0.1 18
12.01m-13m 15 1 0 90
13.01m-14m 10 2 1 0 30
14.01m-15m 13 1 1 0 78
15.01m-16m 8 0
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 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 3 9 1 0.5 2
376k-400k 8 6 2 0.1 8
401k-425k 8 6 1 0.1 8
426k-450k 11 10 2 0.2 6.6
451k-475k 17 8 0.1 12.8
476k-500k 15 11 3 0.1 8.2
501k-550k 17 11 3 0.1 9.3
551k-600k 11 5 1 0.1 13.2
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 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 5 1 0.8 1.2
126k-150k 7 5 2 0.1 8.4
151k-175k 16 8 0.1 12
176k-200k 26 31 3 0.2 5
201k-225k 37 46 6 0.2 4.8
226k-250k 53 38 8 0.1 8.4
251k-275k 72 65 11 0.2 6.6
276k-300k 126 90 20 0.1 8.4
301k-325k 87 74 15 0.1 7.1
326k-350k 136 77 16 0.1 10.6
351k-375k 101 57 10 0.1 10.6
376k-400k 113 66 16 0.1 10.3
401k-425k 88 55 13 0.1 9.6
426k-450k 92 44 10 0.1 12.5
451k-475k 53 34 5 0.1 9.4
476k-500k 89 37 9 0.1 14.4
501k-550k 119 44 8 0.1 16.2
551k-600k 91 50 9 0.1 10.9
601k-650k 77 35 11 0.1 13.2
651k-700k 66 28 9 0.1 14.1
701k-750k 43 28 2 0.1 9.2
751k-800k 55 19 5 0.1 17.4
801k-850k 41 11 1 0 22.4
851k-900k 54 24 4 0.1 13.5
901k-950k 29 21 5 0.1 8.3
951k-1m 44 12 3 0 22
1m-1.1m 33 21 3 0.1 9.4
1.1m-1.2m 51 18 6 0.1 17
1.2m-1.3m 42 19 6 0.1 13.3
1.3m-1.4m 38 9 1 0 25.3
1.4m-1.5m 30 6 0 30
1.5m-1.6m 20 10 1 0.1 12
1.6m-1.7m 17 8 1 0.1 12.8
1.7m-1.8m 25 4 2 0 37.5
1.8m-1.9m 24 9 1 0.1 16
1.9m-2m 22 10 1 0.1 13.2
2m-2.25m 32 9 3 0 21.3
2.25m-2.5m 42 7 1 0 36
2.5m-2.75m 33 6 1 0 33
2.75m-3m 26 9 4 0.1 17.3
3m-3.5m 38 7 2 0 32.6
3.5m-4m 28 10 1 0.1 16.8
4m-4.5m 15 2 0 45
4.5m-5m 13 3 2 0 26
5.01m-6m 10 8 1 0.1 7.5
6.01m-7m 16 5 2 0.1 19.2
7.01m-8m 8 2 2 0 24
8.01m-9m 5 0
9.01m-10m 4 1 0 24
10.01m-11m 4 2 1 0.1 12
11.01m-12m 2 0
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 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 10 6 1 0.1 10
26k-50k 27 15 3 0.1 10.8
51k-75k 58 24 4 0.1 14.5
76k-100k 60 23 7 0.1 15.7
101k-125k 51 24 9 0.1 12.8
126k-150k 67 32 5 0.1 12.6
151k-175k 26 18 3 0.1 8.7
176k-200k 44 13 3 0 20.3
201k-225k 22 5 1 0 26.4
226k-250k 37 6 0 37
251k-275k 15 1 0 90
276k-300k 40 5 1 0 48
301k-325k 16 3 0 32
326k-350k 16 4 1 0 24
351k-375k 5 3 3 0.1 10
376k-400k 19 6 1 0.1 19
401k-425k 2 4 2 0.3 3
426k-450k 12 3 2 0 24
451k-475k 7 4 0.1 10.5
476k-500k 21 3 0 42
501k-550k 9 4 1 0.1 13.5
551k-600k 10 1 0 60
601k-650k 3 3 0.2 6
651k-700k 9 1 0 54
701k-750k 9 0
751k-800k 18 0
801k-850k 4 1 1 0 24
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 2 1 0 27
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
1.7m-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 9 3 1 0.1 18
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
17.01m-18m 1 1 0.2 0
19.01m-20m 2 0
24.01m-25m 1 0
31.01m-32m 1 0.2 0
62.01m-63m 1 0