Absorption Report

Naples, FL

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 5 0.4 2.4
326k-350k 9 13 4 0.2 4.2
351k-375k 8 17 1 0.4 2.8
376k-400k 21 24 6 0.2 5.3
401k-425k 17 37 4 0.4 2.8
426k-450k 38 55 9 0.2 4.1
451k-475k 31 61 10 0.3 3
476k-500k 63 79 7 0.2 4.8
501k-550k 129 131 13 0.2 5.9
551k-600k 153 127 15 0.1 7.2
601k-650k 141 110 17 0.1 7.7
651k-700k 167 97 19 0.1 10.3
701k-750k 115 109 16 0.2 6.3
751k-800k 118 75 20 0.1 9.4
801k-850k 113 65 4 0.1 10.4
851k-900k 93 60 11 0.1 9.3
901k-950k 58 34 3 0.1 10.2
951k-1m 96 44 6 0.1 13.1
1m-1.1m 91 50 8 0.1 10.9
1.1m-1.2m 101 62 15 0.1 9.8
1.2m-1.3m 85 39 7 0.1 13.1
1.3m-1.4m 61 35 5 0.1 10.5
1.4m-1.5m 64 28 7 0.1 13.7
1.5m-1.6m 41 28 7 0.1 8.8
1.6m-1.7m 52 18 3 0.1 17.3
1.7m-1.8m 46 25 9 0.1 11
1.8m-1.9m 36 25 5 0.1 8.6
1.9m-2m 33 19 3 0.1 10.4
2m-2.25m 44 25 6 0.1 10.6
2.25m-2.5m 63 22 5 0.1 17.2
2.5m-2.75m 33 21 3 0.1 9.4
2.75m-3m 61 14 3 0 26.1
3m-3.5m 70 24 8 0.1 17.5
3.5m-4m 58 24 9 0.1 14.5
4m-4.5m 33 14 3 0.1 14.1
4.5m-5m 36 14 2 0.1 15.4
5.01m-6m 69 19 6 0 21.8
6.01m-7m 50 10 6 0 30
7.01m-8m 38 9 3 0 25.3
8.01m-9m 26 7 1 0 22.3
9.01m-10m 27 6 4 0 27
10.01m-11m 15 3 1 0 30
11.01m-12m 19 4 0 28.5
12.01m-13m 16 1 0 96
13.01m-14m 13 1 0 78
14.01m-15m 14 0
15.01m-16m 11 0
16.01m-17m 5 2 0.1 15
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 3 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 4 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

Townhouses 13% 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
201k-225k 1 0
251k-275k 1 0.2 0
276k-300k 3 3 0.2 6
301k-325k 1 0.2 0
326k-350k 1 4 0.7 1.5
351k-375k 8 10 0.2 4.8
376k-400k 7 4 1 0.1 10.5
401k-425k 12 6 1 0.1 12
426k-450k 12 10 0.1 7.2
451k-475k 15 7 1 0.1 12.9
476k-500k 17 13 3 0.1 7.8
501k-550k 10 11 2 0.2 5.5
551k-600k 10 6 1 0.1 10
601k-650k 4 1 0 24
651k-700k 1 1 0.2 6
701k-750k 3 0
751k-800k 1 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0

Condos 10% 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
101k-125k 1 6 2 1 1
126k-150k 10 3 0.1 20
151k-175k 15 8 2 0.1 11.3
176k-200k 27 37 9 0.2 4.4
201k-225k 33 42 6 0.2 4.7
226k-250k 59 42 6 0.1 8.4
251k-275k 82 66 10 0.1 7.5
276k-300k 138 81 14 0.1 10.2
301k-325k 89 70 3 0.1 7.6
326k-350k 160 82 17 0.1 11.7
351k-375k 122 54 4 0.1 13.6
376k-400k 125 64 11 0.1 11.7
401k-425k 94 47 5 0.1 12
426k-450k 102 38 7 0.1 16.1
451k-475k 58 31 4 0.1 11.2
476k-500k 97 31 8 0.1 18.8
501k-550k 135 42 13 0.1 19.3
551k-600k 103 52 8 0.1 11.9
601k-650k 86 35 7 0.1 14.7
651k-700k 74 28 7 0.1 15.9
701k-750k 48 25 6 0.1 11.5
751k-800k 61 22 7 0.1 16.6
801k-850k 39 11 2 0 21.3
851k-900k 61 21 2 0.1 17.4
901k-950k 33 22 1 0.1 9
951k-1m 41 9 2 0 27.3
1m-1.1m 47 15 2 0.1 18.8
1.1m-1.2m 50 18 2 0.1 16.7
1.2m-1.3m 49 22 4 0.1 13.4
1.3m-1.4m 44 8 3 0 33
1.4m-1.5m 32 6 1 0 32
1.5m-1.6m 22 10 2 0.1 13.2
1.6m-1.7m 22 6 0 22
1.7m-1.8m 32 5 2 0 38.4
1.8m-1.9m 27 6 2 0 27
1.9m-2m 27 11 1 0.1 14.7
2m-2.25m 37 10 3 0 22.2
2.25m-2.5m 50 7 3 0 42.9
2.5m-2.75m 41 8 2 0 30.8
2.75m-3m 31 7 2 0 26.6
3m-3.5m 41 9 2 0 27.3
3.5m-4m 24 9 1 0.1 16
4m-4.5m 20 4 0 30
4.5m-5m 12 4 2 0.1 18
5.01m-6m 13 6 0.1 13
6.01m-7m 16 8 2 0.1 12
7.01m-8m 9 1 0 54
8.01m-9m 5 1 1 0 30
9.01m-10m 4 1 0 24
10.01m-11m 4 2 1 0.1 12
11.01m-12m 1 0
12.01m-13m 3 0
14.01m-15m 2 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 7% 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
1k-25k 6 6 1 0.2 6
26k-50k 26 16 2 0.1 9.8
51k-75k 60 19 2 0.1 18.9
76k-100k 63 21 4 0.1 18
101k-125k 53 25 1 0.1 12.7
126k-150k 61 31 6 0.1 11.8
151k-175k 29 14 2 0.1 12.4
176k-200k 49 8 2 0 36.8
201k-225k 25 7 1 0 21.4
226k-250k 37 5 0 44.4
251k-275k 17 1 0 102
276k-300k 37 6 1 0 37
301k-325k 13 3 0 26
326k-350k 16 6 1 0.1 16
351k-375k 9 4 0.1 13.5
376k-400k 15 5 1 0.1 18
401k-425k 1 5 0.8 1.2
426k-450k 13 2 1 0 39
451k-475k 6 2 0.1 18
476k-500k 21 3 1 0 42
501k-550k 10 5 2 0.1 12
551k-600k 10 1 0 60
601k-650k 4 2 0.1 12
651k-700k 12 1 1 0 72
701k-750k 9 0
751k-800k 17 2 2 0 51
801k-850k 4 2 1 0.1 12
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 1 0 54
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 10 3 1 0.1 20
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.8m-1.9m 3 0
1.9m-2m 4 1 0 24
2m-2.25m 6 1 0 36
2.25m-2.5m 7 0
2.5m-2.75m 7 0
2.75m-3m 10 1 1 0 60
3m-3.5m 13 1 0 78
3.5m-4m 6 3 1 0.1 12
4m-4.5m 4 0
4.5m-5m 10 1 0 60
5.01m-6m 5 0
6.01m-7m 4 0
7.01m-8m 9 0
8.01m-9m 2 0
9.01m-10m 2 0
10.01m-11m 1 0.2 0
12.01m-13m 1 0
17.01m-18m 1 0
19.01m-20m 2 0
24.01m-25m 1 0
31.01m-32m 1 0.2 0
62.01m-63m 1 0