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 30 25 7 0.1 7.2
401k-425k 19 34 5 0.3 3.4
426k-450k 41 56 8 0.2 4.4
451k-475k 35 56 5 0.3 3.8
476k-500k 61 76 8 0.2 4.8
501k-550k 132 129 15 0.2 6.1
551k-600k 155 125 15 0.1 7.4
601k-650k 146 110 20 0.1 8
651k-700k 162 106 19 0.1 9.2
701k-750k 114 108 9 0.2 6.3
751k-800k 132 82 15 0.1 9.7
801k-850k 121 68 5 0.1 10.7
851k-900k 101 56 7 0.1 10.8
901k-950k 71 38 6 0.1 11.2
951k-1m 101 45 7 0.1 13.5
1m-1.1m 92 53 8 0.1 10.4
1.1m-1.2m 108 60 17 0.1 10.8
1.2m-1.3m 94 42 8 0.1 13.4
1.3m-1.4m 66 33 7 0.1 12
1.4m-1.5m 60 32 8 0.1 11.3
1.5m-1.6m 43 27 8 0.1 9.6
1.6m-1.7m 53 22 3 0.1 14.5
1.7m-1.8m 47 23 5 0.1 12.3
1.8m-1.9m 33 22 3 0.1 9
1.9m-2m 40 20 3 0.1 12
2m-2.25m 49 27 5 0.1 10.9
2.25m-2.5m 62 20 6 0.1 18.6
2.5m-2.75m 34 22 3 0.1 9.3
2.75m-3m 66 18 2 0 22
3m-3.5m 75 24 8 0.1 18.8
3.5m-4m 58 25 7 0.1 13.9
4m-4.5m 41 13 3 0.1 18.9
4.5m-5m 35 15 1 0.1 14
5.01m-6m 75 17 3 0 26.5
6.01m-7m 46 15 7 0.1 18.4
7.01m-8m 44 9 2 0 29.3
8.01m-9m 30 9 3 0.1 20
9.01m-10m 26 9 3 0.1 17.3
10.01m-11m 16 3 2 0 32
11.01m-12m 17 4 0 25.5
12.01m-13m 18 1 0 108
13.01m-14m 17 1 0 102
14.01m-15m 12 0
15.01m-16m 9 0
16.01m-17m 6 2 0.1 18
17.01m-18m 3 1 1 0.1 18
18.01m-19m 4 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
38.01m-39m 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