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 0% 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
151k-175k 2 0.3 0
176k-200k 6 1 1 0
201k-225k 3 8 0.4 2.3
226k-250k 7 17 1 0.4 2.5
251k-275k 13 26 6 0.3 3
276k-300k 29 30 7 0.2 5.8
301k-325k 20 39 5 0.3 3.1
326k-350k 46 68 2 0.2 4.1
351k-375k 52 53 3 0.2 5.9
376k-400k 70 74 9 0.2 5.7
401k-425k 42 47 6 0.2 5.4
426k-450k 75 69 11 0.2 6.5
451k-475k 49 41 5 0.1 7.2
476k-500k 53 54 8 0.2 5.9
501k-550k 71 77 14 0.2 5.5
551k-600k 64 66 15 0.2 5.8
601k-650k 34 51 6 0.3 4
651k-700k 40 43 2 0.2 5.6
701k-750k 33 32 7 0.2 6.2
751k-800k 21 21 3 0.2 6
801k-850k 11 20 3 0.3 3.3
851k-900k 13 13 3 0.2 6
901k-950k 7 9 1 0.2 4.7
951k-1m 8 6 1 0.1 8
1m-1.1m 9 10 1 0.2 5.4
1.1m-1.2m 6 7 1 0.2 5.1
1.2m-1.3m 3 5 0.3 3.6
1.3m-1.4m 2 2 0.2 6
1.4m-1.5m 7 1 0 42
1.5m-1.6m 1 0
1.6m-1.7m 2 1 1 0.1 12
1.7m-1.8m 1 0
1.8m-1.9m 2 2 2 0.2 6
1.9m-2m 1 0.2 0
2m-2.25m 1 0
2.25m-2.5m 2 1 0.1 12
2.5m-2.75m 3 0.5 0
2.75m-3m 1 0
3m-3.5m 1 0

Townhouses 0% 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
201k-225k 3 0.5 0
226k-250k 1 1 0.2 0
251k-275k 2 0
276k-300k 2 1 0.3 0
301k-325k 3 0.5 0
326k-350k 5 3 1 0.1 10
351k-375k 1 1 0.2 6
376k-400k 1 2 0.3 3
401k-425k 1 0
426k-450k 1 0
451k-475k 1 0.2 0
501k-550k 1 0.2 0
551k-600k 1 0
651k-700k 1 0.2 0

Condos 0% 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 1 0.2 0
76k-100k 1 1 0.2 0
101k-125k 1 0.2 0
126k-150k 3 2 0.5 0
151k-175k 5 10 1 0.3 3
176k-200k 18 11 1 0.1 9.8
201k-225k 10 21 4 0.4 2.9
226k-250k 33 18 3 0.1 11
251k-275k 26 16 5 0.1 9.8
276k-300k 43 12 1 0 21.5
301k-325k 23 26 4 0.2 5.3
326k-350k 18 13 2 0.1 8.3
351k-375k 10 15 2 0.3 4
376k-400k 12 11 2 0.2 6.5
401k-425k 14 7 0.1 12
426k-450k 7 13 1 0.3 3.2
451k-475k 4 2 0.1 12
476k-500k 8 3 0.1 16
501k-550k 7 1 0 42
551k-600k 1 6 1 1 1
601k-650k 2 0.3 0
651k-700k 2 2 0.2 6
701k-750k 1 1 0.2 6
751k-800k 2 1 0.1 12
801k-850k 3 1 1 0.1 18
851k-900k 1 0.2 0
951k-1m 2 0
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 1 0
1.6m-1.7m 1 0
2m-2.25m 1 1 0.2 0
4m-4.5m 1 0

Land 2% 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
26k-50k 1 2 0.3 3
51k-75k 8 7 2 0.1 6.9
76k-100k 9 6 0.1 9
101k-125k 11 2 0 33
126k-150k 3 1 0.1 18
151k-175k 3 1 0.1 18
176k-200k 3 0
201k-225k 1 0
226k-250k 1 0
276k-300k 2 1 0.1 12
301k-325k 1 0
326k-350k 1 0
351k-375k 1 0.2 0
376k-400k 1 0
501k-550k 1 1 0.2 0
551k-600k 1 1 0.2 0
601k-650k 1 0
651k-700k 1 0
701k-750k 1 0
751k-800k 1 0
901k-950k 3 0
951k-1m 3 0
1.3m-1.4m 2 0
1.4m-1.5m 1 0
2.5m-2.75m 1 0
3.5m-4m 1 0