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 14% 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 1 0.2 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 4 2 0.1 12
276k-300k 5 1 0 30
301k-325k 2 6 0.5 2
326k-350k 12 13 5 0.2 5.5
351k-375k 8 18 3 0.4 2.7
376k-400k 26 25 5 0.2 6.2
401k-425k 17 38 7 0.4 2.7
426k-450k 42 55 8 0.2 4.6
451k-475k 35 57 6 0.3 3.7
476k-500k 59 76 6 0.2 4.7
501k-550k 130 126 14 0.2 6.2
551k-600k 152 124 16 0.1 7.4
601k-650k 139 114 23 0.1 7.3
651k-700k 164 101 17 0.1 9.7
701k-750k 115 108 8 0.2 6.4
751k-800k 121 78 18 0.1 9.3
801k-850k 111 67 6 0.1 9.9
851k-900k 104 59 9 0.1 10.6
901k-950k 64 35 4 0.1 11
951k-1m 99 45 7 0.1 13.2
1m-1.1m 89 49 8 0.1 10.9
1.1m-1.2m 101 62 18 0.1 9.8
1.2m-1.3m 93 40 8 0.1 14
1.3m-1.4m 60 34 7 0.1 10.6
1.4m-1.5m 59 30 8 0.1 11.8
1.5m-1.6m 41 29 7 0.1 8.5
1.6m-1.7m 53 19 3 0.1 16.7
1.7m-1.8m 47 25 6 0.1 11.3
1.8m-1.9m 34 23 3 0.1 8.9
1.9m-2m 39 19 2 0.1 12.3
2m-2.25m 46 25 7 0.1 11
2.25m-2.5m 61 21 5 0.1 17.4
2.5m-2.75m 33 21 3 0.1 9.4
2.75m-3m 62 18 4 0 20.7
3m-3.5m 74 21 6 0 21.1
3.5m-4m 58 26 8 0.1 13.4
4m-4.5m 39 14 3 0.1 16.7
4.5m-5m 34 15 3 0.1 13.6
5.01m-6m 68 18 5 0 22.7
6.01m-7m 50 11 5 0 27.3
7.01m-8m 42 8 2 0 31.5
8.01m-9m 28 9 3 0.1 18.7
9.01m-10m 27 8 3 0 20.3
10.01m-11m 16 2 1 0 48
11.01m-12m 18 4 0 27
12.01m-13m 15 1 0 90
13.01m-14m 16 1 0 96
14.01m-15m 14 0
15.01m-16m 9 0
16.01m-17m 5 2 0.1 15
17.01m-18m 3 1 1 0.1 18
18.01m-19m 3 0
19.01m-20m 8 0
20.01m-21m 3 0
21.01m-22m 3 1 1 0.1 18
23.01m-24m 4 0
25.01m-26m 4 0
26.01m-27m 2 0
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
35.01m-36m 1 0
43.01m-44m 1 0
44.01m-45m 1 1 0.2 6
49.01m-50m 1 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0