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
1k-25k 1 1 0.2 0
26k-50k 2 0.3 0
51k-75k 5 0.8 0
76k-100k 2 9 1 0.8 1.3
101k-125k 2 20 4 1.7 0.6
126k-150k 18 53 9 0.5 2
151k-175k 45 85 14 0.3 3.2
176k-200k 77 184 24 0.4 2.5
201k-225k 107 248 41 0.4 2.6
226k-250k 203 409 56 0.3 3
251k-275k 216 441 58 0.3 2.9
276k-300k 297 552 67 0.3 3.2
301k-325k 263 399 59 0.3 4
326k-350k 253 267 40 0.2 5.7
351k-375k 131 171 28 0.2 4.6
376k-400k 120 125 15 0.2 5.8
401k-425k 66 86 16 0.2 4.6
426k-450k 47 69 10 0.2 4.1
451k-475k 28 51 8 0.3 3.3
476k-500k 32 37 2 0.2 5.2
501k-550k 39 47 3 0.2 5
551k-600k 27 32 2 0.2 5.1
601k-650k 16 30 2 0.3 3.2
651k-700k 20 15 1 0.1 8
701k-750k 8 7 1 0.1 6.9
751k-800k 7 2 0 21
801k-850k 11 3 0 22
851k-900k 6 6 2 0.2 6
901k-950k 8 5 0.1 9.6
951k-1m 7 7 3 0.2 6
1m-1.1m 9 2 0 27
1.1m-1.2m 14 4 0 21
1.2m-1.3m 3 3 0.2 6
1.3m-1.4m 1 3 0.5 2
1.4m-1.5m 4 2 0.1 12
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 2 0
1.7m-1.8m 1 1 0.2 6
1.8m-1.9m 1 0
1.9m-2m 2 1 0.1 12
2m-2.25m 1 0.2 0
2.25m-2.5m 4 1 0 24
2.5m-2.75m 1 2 0.3 3
2.75m-3m 3 0
3m-3.5m 4 0
4m-4.5m 1 1 0.2 6
4.5m-5m 1 0.2 0
5.01m-6m 1 0
9.01m-10m 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
101k-125k 1 0
126k-150k 1 2 0.3 3
151k-175k 1 2 0.3 3
176k-200k 3 8 1 0.4 2.3
201k-225k 6 10 2 0.3 3.6
226k-250k 21 36 4 0.3 3.5
251k-275k 19 10 2 0.1 11.4
276k-300k 1 0.2 0
301k-325k 1 1 1 0.2 6
326k-350k 1 0
476k-500k 1 0
651k-700k 1 1 0.2 0
751k-800k 2 1 0.1 12
801k-850k 1 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 2 1 0.3 0
76k-100k 1 4 0.7 1.5
101k-125k 8 19 1 0.4 2.5
126k-150k 18 26 2 0.2 4.2
151k-175k 11 6 0.1 11
176k-200k 5 3 0.1 10
201k-225k 2 2 0.2 6
226k-250k 3 2 0.1 9
276k-300k 1 0.2 0
351k-375k 1 0.2 0
451k-475k 1 0
476k-500k 2 0
501k-550k 1 0.2 0

Land 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
1k-25k 88 265 36 0.5 2
26k-50k 266 467 65 0.3 3.4
51k-75k 101 80 14 0.1 7.6
76k-100k 55 38 4 0.1 8.7
101k-125k 13 12 3 0.2 6.5
126k-150k 17 6 0.1 17
151k-175k 10 7 0.1 8.6
176k-200k 7 5 0.1 8.4
201k-225k 5 4 0.1 7.5
226k-250k 10 5 2 0.1 12
251k-275k 2 2 0.2 6
276k-300k 11 2 0 33
301k-325k 3 2 1 0.1 9
326k-350k 7 3 1 0.1 14
376k-400k 4 1 0 24
401k-425k 1 3 1 0.5 2
426k-450k 5 1 0 30
451k-475k 1 0
476k-500k 11 1 1 0 66
501k-550k 5 2 0.1 15
551k-600k 11 0
601k-650k 2 1 0.1 12
651k-700k 4 2 0.1 12
701k-750k 5 0
751k-800k 5 0
801k-850k 2 2 0.2 6
851k-900k 1 0.2 0
901k-950k 2 1 0.1 12
951k-1m 7 0
1m-1.1m 4 0
1.1m-1.2m 5 0
1.2m-1.3m 3 3 0.2 6
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 4 1 0 24
1.6m-1.7m 1 0
1.7m-1.8m 5 0
1.9m-2m 1 2 0.3 3
2m-2.25m 2 1 0.1 12
2.25m-2.5m 3 0
2.75m-3m 3 0
3m-3.5m 2 0
3.5m-4m 1 1 0.2 6
4m-4.5m 1 1 1 0.2 6
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0