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 27 23 4 0.1 7
401k-425k 17 36 7 0.4 2.8
426k-450k 40 56 7 0.2 4.3
451k-475k 36 57 5 0.3 3.8
476k-500k 58 75 5 0.2 4.6
501k-550k 131 127 15 0.2 6.2
551k-600k 151 123 14 0.1 7.4
601k-650k 139 113 23 0.1 7.4
651k-700k 163 103 17 0.1 9.5
701k-750k 117 106 7 0.2 6.6
751k-800k 130 79 18 0.1 9.9
801k-850k 111 67 6 0.1 9.9
851k-900k 102 59 9 0.1 10.4
901k-950k 63 36 5 0.1 10.5
951k-1m 98 44 6 0.1 13.4
1m-1.1m 90 50 8 0.1 10.8
1.1m-1.2m 103 62 18 0.1 10
1.2m-1.3m 93 40 8 0.1 14
1.3m-1.4m 62 35 8 0.1 10.6
1.4m-1.5m 59 31 8 0.1 11.4
1.5m-1.6m 42 29 7 0.1 8.7
1.6m-1.7m 52 19 3 0.1 16.4
1.7m-1.8m 49 24 6 0.1 12.3
1.8m-1.9m 32 23 3 0.1 8.3
1.9m-2m 40 19 3 0.1 12.6
2m-2.25m 45 27 8 0.1 10
2.25m-2.5m 61 20 5 0.1 18.3
2.5m-2.75m 34 21 3 0.1 9.7
2.75m-3m 62 18 4 0 20.7
3m-3.5m 74 21 5 0 21.1
3.5m-4m 60 25 7 0.1 14.4
4m-4.5m 40 14 3 0.1 17.1
4.5m-5m 33 15 3 0.1 13.2
5.01m-6m 68 18 5 0 22.7
6.01m-7m 47 13 7 0 21.7
7.01m-8m 42 8 1 0 31.5
8.01m-9m 28 9 3 0.1 18.7
9.01m-10m 27 8 2 0 20.3
10.01m-11m 16 3 2 0 32
11.01m-12m 17 4 0 25.5
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