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 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 20 31 5 0.3 3.9
401k-425k 17 40 4 0.4 2.6
426k-450k 35 49 7 0.2 4.3
451k-475k 35 54 12 0.3 3.9
476k-500k 64 93 19 0.2 4.1
501k-550k 122 151 23 0.2 4.8
551k-600k 147 139 17 0.2 6.3
601k-650k 128 106 14 0.1 7.2
651k-700k 163 111 28 0.1 8.8
701k-750k 105 103 23 0.2 6.1
751k-800k 135 76 21 0.1 10.7
801k-850k 94 68 10 0.1 8.3
851k-900k 94 64 12 0.1 8.8
901k-950k 62 37 7 0.1 10.1
951k-1m 86 47 7 0.1 11
1m-1.1m 86 59 9 0.1 8.7
1.1m-1.2m 112 61 9 0.1 11
1.2m-1.3m 73 39 14 0.1 11.2
1.3m-1.4m 60 29 8 0.1 12.4
1.4m-1.5m 63 27 7 0.1 14
1.5m-1.6m 46 28 8 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 5 0.1 10.6
2m-2.25m 42 28 8 0.1 9
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 66 22 7 0.1 18
3.5m-4m 51 19 8 0.1 16.1
4m-4.5m 34 13 3 0.1 15.7
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 26 33 5 0.2 4.7
201k-225k 37 42 3 0.2 5.3
226k-250k 55 40 9 0.1 8.3
251k-275k 73 61 8 0.1 7.2
276k-300k 132 90 19 0.1 8.8
301k-325k 84 75 15 0.1 6.7
326k-350k 140 79 20 0.1 10.6
351k-375k 107 58 13 0.1 11.1
376k-400k 115 58 13 0.1 11.9
401k-425k 86 55 12 0.1 9.4
426k-450k 94 42 10 0.1 13.4
451k-475k 51 36 9 0.1 8.5
476k-500k 94 32 4 0.1 17.6
501k-550k 126 39 8 0.1 19.4
551k-600k 94 52 12 0.1 10.8
601k-650k 74 39 16 0.1 11.4
651k-700k 67 28 9 0.1 14.4
701k-750k 45 25 2 0.1 10.8
751k-800k 56 18 3 0.1 18.7
801k-850k 42 12 2 0 21
851k-900k 56 25 4 0.1 13.4
901k-950k 28 21 5 0.1 8
951k-1m 45 13 2 0 20.8
1m-1.1m 36 19 3 0.1 11.4
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 8 4 0.1 19.5
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 12 8 1 0.1 9
6.01m-7m 17 7 4 0.1 14.6
7.01m-8m 9 1 1 0 54
8.01m-9m 5 0
9.01m-10m 4 1 0 24
10.01m-11m 4 2 1 0.1 12
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 23 3 0.1 15.9
76k-100k 60 23 6 0.1 15.7
101k-125k 49 24 7 0.1 12.3
126k-150k 67 34 7 0.1 11.8
151k-175k 28 17 4 0.1 9.9
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 21 3 0 42
501k-550k 10 4 1 0.1 15
551k-600k 10 1 0 60
601k-650k 3 2 0.1 9
651k-700k 9 2 1 0 27
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 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
1.8m-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