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
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 5 0.3 3
351k-375k 9 17 3 0.3 3.2
376k-400k 20 33 8 0.3 3.6
401k-425k 17 41 6 0.4 2.5
426k-450k 32 53 6 0.3 3.6
451k-475k 37 54 10 0.2 4.1
476k-500k 63 93 18 0.2 4.1
501k-550k 122 164 28 0.2 4.5
551k-600k 140 146 19 0.2 5.8
601k-650k 131 106 17 0.1 7.4
651k-700k 165 108 25 0.1 9.2
701k-750k 111 104 21 0.2 6.4
751k-800k 131 75 17 0.1 10.5
801k-850k 92 72 10 0.1 7.7
851k-900k 91 65 11 0.1 8.4
901k-950k 60 36 6 0.1 10
951k-1m 85 50 11 0.1 10.2
1m-1.1m 82 61 15 0.1 8.1
1.1m-1.2m 111 65 12 0.1 10.2
1.2m-1.3m 73 38 16 0.1 11.5
1.3m-1.4m 58 31 6 0.1 11.2
1.4m-1.5m 57 29 6 0.1 11.8
1.5m-1.6m 46 25 6 0.1 11
1.6m-1.7m 41 13 3 0.1 18.9
1.7m-1.8m 46 23 7 0.1 12
1.8m-1.9m 39 23 5 0.1 10.2
1.9m-2m 39 23 6 0.1 10.2
2m-2.25m 45 27 6 0.1 10
2.25m-2.5m 58 17 4 0 20.5
2.5m-2.75m 31 23 6 0.1 8.1
2.75m-3m 50 15 4 0.1 20
3m-3.5m 66 21 5 0.1 18.9
3.5m-4m 45 18 7 0.1 15
4m-4.5m 35 12 5 0.1 17.5
4.5m-5m 32 12 2 0.1 16
5.01m-6m 59 20 6 0.1 17.7
6.01m-7m 44 7 3 0 37.7
7.01m-8m 38 6 1 0 38
8.01m-9m 24 8 4 0.1 18
9.01m-10m 29 5 3 0 34.8
10.01m-11m 10 3 0.1 20
11.01m-12m 14 5 1 0.1 16.8
12.01m-13m 14 1 0 84
13.01m-14m 11 2 1 0 33
14.01m-15m 14 0
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 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 18% 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 7 8 3 0.2 5.3
401k-425k 7 6 1 0.1 7
426k-450k 13 10 2 0.1 7.8
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 6 1 0.1 11
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

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 0.7 1.5
126k-150k 6 5 2 0.1 7.2
151k-175k 17 8 0.1 12.8
176k-200k 25 31 4 0.2 4.8
201k-225k 39 46 6 0.2 5.1
226k-250k 54 36 6 0.1 9
251k-275k 68 66 13 0.2 6.2
276k-300k 126 89 21 0.1 8.5
301k-325k 87 77 15 0.1 6.8
326k-350k 134 80 16 0.1 10.1
351k-375k 99 59 10 0.1 10.1
376k-400k 112 64 14 0.1 10.5
401k-425k 89 57 14 0.1 9.4
426k-450k 91 43 11 0.1 12.7
451k-475k 55 32 3 0.1 10.3
476k-500k 89 36 9 0.1 14.8
501k-550k 119 44 9 0.1 16.2
551k-600k 92 51 8 0.1 10.8
601k-650k 72 37 10 0.1 11.7
651k-700k 64 26 7 0.1 14.8
701k-750k 44 30 4 0.1 8.8
751k-800k 52 18 4 0.1 17.3
801k-850k 40 11 1 0 21.8
851k-900k 56 24 5 0.1 14
901k-950k 27 22 5 0.1 7.4
951k-1m 45 13 5 0 20.8
1m-1.1m 34 20 3 0.1 10.2
1.1m-1.2m 51 17 5 0.1 18
1.2m-1.3m 44 19 5 0.1 13.9
1.3m-1.4m 39 9 1 0 26
1.4m-1.5m 29 6 3 0 29
1.5m-1.6m 20 10 1 0.1 12
1.6m-1.7m 16 7 0.1 13.7
1.7m-1.8m 26 4 2 0 39
1.8m-1.9m 21 9 2 0.1 14
1.9m-2m 22 10 1 0.1 13.2
2m-2.25m 33 7 1 0 28.3
2.25m-2.5m 42 6 0 42
2.5m-2.75m 32 6 1 0 32
2.75m-3m 26 10 4 0.1 15.6
3m-3.5m 38 7 2 0 32.6
3.5m-4m 28 10 1 0.1 16.8
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 15 5 2 0.1 18
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 28 15 5 0.1 11.2
51k-75k 59 23 3 0.1 15.4
76k-100k 63 22 6 0.1 17.2
101k-125k 48 24 9 0.1 12
126k-150k 67 32 5 0.1 12.6
151k-175k 28 18 2 0.1 9.3
176k-200k 44 13 3 0 20.3
201k-225k 21 4 0 31.5
226k-250k 39 6 0 39
251k-275k 13 1 0 78
276k-300k 39 5 1 0 46.8
301k-325k 16 2 0 48
326k-350k 13 5 2 0.1 15.6
351k-375k 5 3 3 0.1 10
376k-400k 19 6 1 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 9 1 0 54
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 6 2 0.1 18
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 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