Absorption Report

Naples

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 16% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
201k-225k 1 0.2 0
226k-250k 1 3 1 0.5 2
251k-275k 2 3 1 0.3 4
276k-300k 4 2 0.1 12
301k-325k 1 5 0.8 1.2
326k-350k 7 14 3 0.3 3
351k-375k 10 17 2 0.3 3.5
376k-400k 21 32 8 0.3 3.9
401k-425k 16 41 7 0.4 2.3
426k-450k 36 54 7 0.3 4
451k-475k 37 50 9 0.2 4.4
476k-500k 66 92 18 0.2 4.3
501k-550k 117 170 31 0.2 4.1
551k-600k 135 152 20 0.2 5.3
601k-650k 125 106 19 0.1 7.1
651k-700k 162 105 22 0.1 9.3
701k-750k 114 99 20 0.1 6.9
751k-800k 128 77 16 0.1 10
801k-850k 90 69 8 0.1 7.8
851k-900k 89 62 11 0.1 8.6
901k-950k 62 37 5 0.1 10.1
951k-1m 81 48 11 0.1 10.1
1m-1.1m 79 65 14 0.1 7.3
1.1m-1.2m 109 64 14 0.1 10.2
1.2m-1.3m 71 32 9 0.1 13.3
1.3m-1.4m 57 32 9 0.1 10.7
1.4m-1.5m 57 32 6 0.1 10.7
1.5m-1.6m 42 23 6 0.1 11
1.6m-1.7m 41 13 3 0.1 18.9
1.7m-1.8m 45 24 8 0.1 11.3
1.8m-1.9m 38 21 3 0.1 10.9
1.9m-2m 39 21 5 0.1 11.1
2m-2.25m 44 26 6 0.1 10.2
2.25m-2.5m 54 21 4 0.1 15.4
2.5m-2.75m 34 20 4 0.1 10.2
2.75m-3m 45 14 3 0.1 19.3
3m-3.5m 66 23 6 0.1 17.2
3.5m-4m 45 17 6 0.1 15.9
4m-4.5m 33 13 5 0.1 15.2
4.5m-5m 31 12 1 0.1 15.5
5.01m-6m 59 21 7 0.1 16.9
6.01m-7m 45 5 2 0 54
7.01m-8m 38 4 0 57
8.01m-9m 24 9 5 0.1 16
9.01m-10m 29 4 2 0 43.5
10.01m-11m 10 3 0.1 20
11.01m-12m 15 5 1 0.1 18
12.01m-13m 12 1 1 0 72
13.01m-14m 12 2 1 0 36
14.01m-15m 14 0
15.01m-16m 9 1 0 54
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 0
32.01m-33m 1 0
34.01m-35m 3 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

Townhouses 14% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
201k-225k 1 0
276k-300k 2 4 1 0.3 3
301k-325k 1 1 0.2 6
326k-350k 1 5 0.8 1.2
351k-375k 3 8 1 0.4 2.3
376k-400k 9 6 1 0.1 9
401k-425k 7 6 1 0.1 7
426k-450k 13 10 1 0.1 7.8
451k-475k 17 9 0.1 11.3
476k-500k 16 11 3 0.1 8.7
501k-550k 18 10 2 0.1 10.8
551k-600k 11 6 2 0.1 11
601k-650k 2 2 1 0.2 6
651k-700k 2 1 0.1 12
701k-750k 3 0
751k-800k 1 1 1 0.2 6
1m-1.1m 1 0.2 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0

Condos 11% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
101k-125k 1 4 1 0.7 1.5
126k-150k 5 5 2 0.2 6
151k-175k 18 8 2 0.1 13.5
176k-200k 27 29 2 0.2 5.6
201k-225k 39 47 8 0.2 5
226k-250k 51 38 7 0.1 8.1
251k-275k 64 65 9 0.2 5.9
276k-300k 130 83 19 0.1 9.4
301k-325k 83 81 12 0.2 6.1
326k-350k 132 80 16 0.1 9.9
351k-375k 100 58 8 0.1 10.3
376k-400k 113 62 11 0.1 10.9
401k-425k 82 54 12 0.1 9.1
426k-450k 85 44 11 0.1 11.6
451k-475k 56 31 2 0.1 10.8
476k-500k 92 36 9 0.1 15.3
501k-550k 114 42 6 0.1 16.3
551k-600k 94 49 7 0.1 11.5
601k-650k 69 37 8 0.1 11.2
651k-700k 61 26 8 0.1 14.1
701k-750k 43 30 3 0.1 8.6
751k-800k 50 19 4 0.1 15.8
801k-850k 39 13 2 0.1 18
851k-900k 53 25 4 0.1 12.7
901k-950k 30 21 5 0.1 8.6
951k-1m 42 16 5 0.1 15.8
1m-1.1m 34 20 3 0.1 10.2
1.1m-1.2m 52 18 6 0.1 17.3
1.2m-1.3m 38 18 4 0.1 12.7
1.3m-1.4m 41 10 1 0 24.6
1.4m-1.5m 28 7 4 0 24
1.5m-1.6m 18 9 0.1 12
1.6m-1.7m 13 7 0.1 11.1
1.7m-1.8m 26 3 1 0 52
1.8m-1.9m 20 8 1 0.1 15
1.9m-2m 23 10 1 0.1 13.8
2m-2.25m 28 7 1 0 24
2.25m-2.5m 43 6 0 43
2.5m-2.75m 28 7 1 0 24
2.75m-3m 27 8 2 0 20.3
3m-3.5m 39 6 1 0 39
3.5m-4m 24 9 0.1 16
4m-4.5m 15 3 2 0 30
4.5m-5m 12 3 2 0 24
5.01m-6m 8 7 0.1 6.9
6.01m-7m 14 5 2 0.1 16.8
7.01m-8m 9 1 1 0 54
8.01m-9m 5 0
9.01m-10m 3 1 0.1 18
10.01m-11m 5 1 0 30
11.01m-12m 3 0
12.01m-13m 2 0
14.01m-15m 1 0
16.01m-17m 1 0
19.01m-20m 1 0
27.01m-28m 1 0
29.01m-30m 2 0
44.01m-45m 1 0

Land 8% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
1k-25k 10 6 1 0.1 10
26k-50k 29 15 5 0.1 11.6
51k-75k 57 25 3 0.1 13.7
76k-100k 66 23 7 0.1 17.2
101k-125k 47 26 10 0.1 10.8
126k-150k 69 32 5 0.1 12.9
151k-175k 28 20 2 0.1 8.4
176k-200k 43 13 3 0.1 19.8
201k-225k 21 5 1 0 25.2
226k-250k 39 6 0 39
251k-275k 12 1 0 72
276k-300k 39 5 1 0 46.8
301k-325k 15 2 0 45
326k-350k 13 5 2 0.1 15.6
351k-375k 5 2 2 0.1 15
376k-400k 19 6 2 0.1 19
401k-425k 3 3 1 0.2 6
426k-450k 15 3 2 0 30
451k-475k 7 4 0.1 10.5
476k-500k 20 3 0 40
501k-550k 10 3 0.1 20
551k-600k 9 1 0 54
601k-650k 3 3 0.2 6
651k-700k 8 1 0 48
701k-750k 8 0
751k-800k 18 0
801k-850k 5 1 1 0 30
851k-900k 3 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 11 1 0 66
1.1m-1.2m 2 2 0.2 6
1.2m-1.3m 5 2 0.1 15
1.3m-1.4m 3 0
1.4m-1.5m 6 0
1.5m-1.6m 2 1 1 0.1 12
1.6m-1.7m 4 0
1.7m-1.8m 1 0
1.8m-1.9m 3 0
1.9m-2m 3 0
2m-2.25m 4 1 0 24
2.25m-2.5m 7 1 1 0 42
2.5m-2.75m 8 1 0 48
2.75m-3m 10 0
3m-3.5m 14 1 1 0 84
3.5m-4m 7 2 2 0 21
4m-4.5m 4 0
4.5m-5m 8 3 1 0.1 16
5.01m-6m 7 0
6.01m-7m 4 0
7.01m-8m 8 0
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 1 1 0.2 0
19.01m-20m 1 0
21.01m-22m 1 0
23.01m-24m 1 0
24.01m-25m 1 0
31.01m-32m 1 0.2 0
62.01m-63m 1 0