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 15% 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
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 8 17 3 0.4 2.8
351k-375k 9 18 4 0.3 3
376k-400k 22 33 4 0.3 4
401k-425k 19 39 4 0.3 2.9
426k-450k 33 51 7 0.3 3.9
451k-475k 36 53 9 0.2 4.1
476k-500k 63 96 22 0.3 3.9
501k-550k 126 155 25 0.2 4.9
551k-600k 147 140 16 0.2 6.3
601k-650k 129 105 13 0.1 7.4
651k-700k 167 111 26 0.1 9
701k-750k 109 99 21 0.2 6.6
751k-800k 137 75 18 0.1 11
801k-850k 97 68 9 0.1 8.6
851k-900k 91 63 9 0.1 8.7
901k-950k 65 37 8 0.1 10.5
951k-1m 90 49 11 0.1 11
1m-1.1m 86 59 10 0.1 8.7
1.1m-1.2m 112 63 10 0.1 10.7
1.2m-1.3m 76 36 12 0.1 12.7
1.3m-1.4m 59 32 8 0.1 11.1
1.4m-1.5m 59 27 6 0.1 13.1
1.5m-1.6m 46 28 8 0.1 9.9
1.6m-1.7m 37 16 6 0.1 13.9
1.7m-1.8m 44 23 7 0.1 11.5
1.8m-1.9m 37 22 6 0.1 10.1
1.9m-2m 39 22 6 0.1 10.6
2m-2.25m 43 27 7 0.1 9.6
2.25m-2.5m 60 17 3 0 21.2
2.5m-2.75m 30 23 6 0.1 7.8
2.75m-3m 51 16 6 0.1 19.1
3m-3.5m 68 22 7 0.1 18.5
3.5m-4m 49 18 7 0.1 16.3
4m-4.5m 36 12 3 0.1 18
4.5m-5m 33 12 2 0.1 16.5
5.01m-6m 60 17 6 0 21.2
6.01m-7m 45 8 4 0 33.8
7.01m-8m 39 7 2 0 33.4
8.01m-9m 25 8 3 0.1 18.8
9.01m-10m 28 5 3 0 33.6
10.01m-11m 11 4 1 0.1 16.5
11.01m-12m 16 5 1 0.1 19.2
12.01m-13m 15 1 0 90
13.01m-14m 10 2 1 0 30
14.01m-15m 13 1 1 0 78
15.01m-16m 9 0
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 4 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