Absorption Report

Naples

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 17% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 2 0.3 3
76k-100k 1 0.2 0
101k-125k 7 1 1.2 0
126k-150k 1 10 1 1.7 0.6
151k-175k 6 13 5 0.4 2.8
176k-200k 8 21 3 0.4 2.3
201k-225k 8 21 3 0.4 2.3
226k-250k 22 29 4 0.2 4.6
251k-275k 18 36 6 0.3 3
276k-300k 32 53 10 0.3 3.6
301k-325k 44 63 7 0.2 4.2
326k-350k 58 92 10 0.3 3.8
351k-375k 76 74 12 0.2 6.2
376k-400k 113 106 17 0.2 6.4
401k-425k 70 81 12 0.2 5.2
426k-450k 94 89 16 0.2 6.3
451k-475k 65 56 6 0.1 7
476k-500k 97 65 15 0.1 9
501k-550k 124 110 10 0.1 6.8
551k-600k 128 97 11 0.1 7.9
601k-650k 91 79 15 0.1 6.9
651k-700k 76 47 9 0.1 9.7
701k-750k 41 38 7 0.2 6.5
751k-800k 44 30 6 0.1 8.8
801k-850k 29 29 12 0.2 6
851k-900k 26 9 2 0.1 17.3
901k-950k 20 16 2 0.1 7.5
951k-1m 30 10 4 0.1 18
1m-1.1m 14 14 6 0.2 6
1.1m-1.2m 31 17 6 0.1 10.9
1.2m-1.3m 15 10 6 0.1 9
1.3m-1.4m 8 9 1 0.2 5.3
1.4m-1.5m 16 6 3 0.1 16
1.5m-1.6m 12 6 4 0.1 12
1.6m-1.7m 10 10 4 0.2 6
1.7m-1.8m 2 8 2 0.7 1.5
1.8m-1.9m 9 3 0.1 18
1.9m-2m 8 0
2m-2.25m 7 6 1 0.1 7
2.25m-2.5m 8 5 0.1 9.6
2.5m-2.75m 8 0
2.75m-3m 11 2 1 0 33
3m-3.5m 5 5 4 0.2 6
3.5m-4m 7 0
4m-4.5m 2 2 0.2 6
4.5m-5m 2 1 0.1 12
5.01m-6m 6 1 0 36
6.01m-7m 1 0
7.01m-8m 1 0
9.01m-10m 2 0
17.01m-18m 1 0.2 0

Townhouses 7% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
126k-150k 3 4 1 0.2 4.5
151k-175k 7 4 1 0.1 10.5
176k-200k 12 9 0.1 8
201k-225k 11 17 3 0.3 3.9
226k-250k 28 17 3 0.1 9.9
251k-275k 18 18 5 0.2 6
276k-300k 31 23 2 0.1 8.1
301k-325k 28 12 0.1 14
326k-350k 38 19 0.1 12
351k-375k 16 11 0.1 8.7
376k-400k 15 1 0 90
401k-425k 3 1 1 0.1 18
426k-450k 3 0
451k-475k 3 0
476k-500k 3 0
501k-550k 3 0
551k-600k 1 0.2 0
601k-650k 1 0
751k-800k 1 0.2 0
1.1m-1.2m 1 0

Condos 9% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
51k-75k 2 0
76k-100k 9 11 2 0.2 4.9
101k-125k 19 24 4 0.2 4.8
126k-150k 52 36 7 0.1 8.7
151k-175k 63 50 5 0.1 7.6
176k-200k 103 62 11 0.1 10
201k-225k 102 65 11 0.1 9.4
226k-250k 128 50 12 0.1 15.4
251k-275k 95 49 8 0.1 11.6
276k-300k 141 49 4 0.1 17.3
301k-325k 105 43 7 0.1 14.7
326k-350k 117 30 3 0 23.4
351k-375k 68 21 4 0.1 19.4
376k-400k 83 25 5 0.1 19.9
401k-425k 36 10 3 0 21.6
426k-450k 46 18 4 0.1 15.3
451k-475k 30 18 5 0.1 10
476k-500k 26 12 5 0.1 13
501k-550k 34 17 2 0.1 12
551k-600k 16 7 1 0.1 13.7
601k-650k 10 2 1 0 30
651k-700k 11 2 0 33
701k-750k 9 3 1 0.1 18
751k-800k 6 0
801k-850k 4 3 0.1 8
851k-900k 10 1 0 60
901k-950k 3 0
951k-1m 4 1 1 0 24
1m-1.1m 1 0
1.1m-1.2m 7 3 0.1 14
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 7 0
1.4m-1.5m 3 0
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 2 2 1 0.2 6
1.7m-1.8m 1 0.2 0
2.5m-2.75m 1 0
3.5m-4m 1 0
5.01m-6m 1 0

Land 9% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 15 32 6 0.4 2.8
26k-50k 56 53 11 0.2 6.3
51k-75k 73 35 13 0.1 12.5
76k-100k 55 8 1 0 41.3
101k-125k 12 6 1 0.1 12
126k-150k 26 5 0 31.2
151k-175k 22 9 2 0.1 14.7
176k-200k 26 4 0 39
201k-225k 20 2 1 0 60
226k-250k 17 3 0 34
251k-275k 16 4 1 0 24
276k-300k 6 3 0.1 12
301k-325k 5 2 0.1 15
326k-350k 6 0
351k-375k 3 0
376k-400k 2 0
426k-450k 4 0
451k-475k 2 0
476k-500k 7 3 0.1 14
501k-550k 5 1 0 30
551k-600k 9 2 0 27
601k-650k 5 3 0.1 10
651k-700k 1 0
701k-750k 5 0
751k-800k 4 0
801k-850k 1 1 0.2 6
851k-900k 2 1 0.1 12
901k-950k 1 0
951k-1m 4 0
1.1m-1.2m 4 1 0 24
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0
1.6m-1.7m 1 1 1 0.2 6
1.8m-1.9m 2 0
2.25m-2.5m 1 2 2 0.3 3
2.5m-2.75m 2 0
2.75m-3m 3 1 0.1 18
3m-3.5m 1 1 0.2 6
4m-4.5m 1 1 0.2 6
5.01m-6m 1 0
6.01m-7m 2 0
11.01m-12m 1 0