Absorption Report

Naples, FL, House

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
1k-25k 1 1 0.2 0
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 7 15 4 0.4 2.8
351k-375k 10 16 2 0.3 3.8
376k-400k 20 33 8 0.3 3.6
401k-425k 16 42 6 0.4 2.3
426k-450k 33 54 6 0.3 3.7
451k-475k 38 52 9 0.2 4.4
476k-500k 64 93 17 0.2 4.1
501k-550k 121 164 27 0.2 4.4
551k-600k 140 149 19 0.2 5.6
601k-650k 128 104 17 0.1 7.4
651k-700k 165 107 22 0.1 9.3
701k-750k 110 102 20 0.2 6.5
751k-800k 135 74 15 0.1 10.9
801k-850k 88 71 9 0.1 7.4
851k-900k 91 63 9 0.1 8.7
901k-950k 61 37 6 0.1 9.9
951k-1m 81 50 11 0.1 9.7
1m-1.1m 80 63 16 0.1 7.6
1.1m-1.2m 110 64 13 0.1 10.3
1.2m-1.3m 69 35 13 0.1 11.8
1.3m-1.4m 58 32 7 0.1 10.9
1.4m-1.5m 56 31 6 0.1 10.8
1.5m-1.6m 43 24 5 0.1 10.8
1.6m-1.7m 42 13 3 0.1 19.4
1.7m-1.8m 44 23 7 0.1 11.5
1.8m-1.9m 40 22 4 0.1 10.9
1.9m-2m 37 23 6 0.1 9.7
2m-2.25m 45 27 7 0.1 10
2.25m-2.5m 54 19 4 0.1 17.1
2.5m-2.75m 33 22 5 0.1 9
2.75m-3m 48 14 3 0 20.6
3m-3.5m 65 24 7 0.1 16.3
3.5m-4m 44 19 8 0.1 13.9
4m-4.5m 34 13 5 0.1 15.7
4.5m-5m 30 12 2 0.1 15
5.01m-6m 60 21 6 0.1 17.1
6.01m-7m 44 7 3 0 37.7
7.01m-8m 37 6 1 0 37
8.01m-9m 23 8 4 0.1 17.3
9.01m-10m 29 5 3 0 34.8
10.01m-11m 10 3 0.1 20
11.01m-12m 15 5 1 0.1 18
12.01m-13m 13 1 0 78
13.01m-14m 12 2 1 0 36
14.01m-15m 14 0
15.01m-16m 8 1 0 48
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