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 0.2 0
151k-175k 1 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 3 2 0.1 9
276k-300k 5 1 0 30
301k-325k 2 6 0.5 2
326k-350k 11 14 6 0.2 4.7
351k-375k 8 18 3 0.4 2.7
376k-400k 29 23 4 0.1 7.6
401k-425k 18 35 6 0.3 3.1
426k-450k 41 56 8 0.2 4.4
451k-475k 34 57 6 0.3 3.6
476k-500k 56 78 8 0.2 4.3
501k-550k 136 129 15 0.2 6.3
551k-600k 151 123 13 0.1 7.4
601k-650k 141 112 20 0.1 7.6
651k-700k 162 106 19 0.1 9.2
701k-750k 116 106 6 0.2 6.6
751k-800k 131 80 15 0.1 9.8
801k-850k 115 69 7 0.1 10
851k-900k 99 58 9 0.1 10.2
901k-950k 63 36 5 0.1 10.5
951k-1m 103 43 5 0.1 14.4
1m-1.1m 92 51 6 0.1 10.8
1.1m-1.2m 102 59 18 0.1 10.4
1.2m-1.3m 94 40 9 0.1 14.1
1.3m-1.4m 66 34 7 0.1 11.6
1.4m-1.5m 58 31 8 0.1 11.2
1.5m-1.6m 45 27 7 0.1 10
1.6m-1.7m 52 21 3 0.1 14.9
1.7m-1.8m 49 24 5 0.1 12.3
1.8m-1.9m 30 22 2 0.1 8.2
1.9m-2m 41 19 3 0.1 12.9
2m-2.25m 47 27 7 0.1 10.4
2.25m-2.5m 58 21 6 0.1 16.6
2.5m-2.75m 33 22 3 0.1 9
2.75m-3m 63 18 3 0 21
3m-3.5m 75 22 6 0 20.5
3.5m-4m 58 27 10 0.1 12.9
4m-4.5m 40 14 3 0.1 17.1
4.5m-5m 35 15 1 0.1 14
5.01m-6m 72 18 5 0 24
6.01m-7m 46 15 7 0.1 18.4
7.01m-8m 43 8 1 0 32.3
8.01m-9m 30 9 3 0.1 20
9.01m-10m 26 8 2 0.1 19.5
10.01m-11m 16 3 2 0 32
11.01m-12m 17 4 0 25.5
12.01m-13m 17 1 0 102
13.01m-14m 17 1 0 102
14.01m-15m 12 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 9 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