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 6 0.5 2
326k-350k 12 13 5 0.2 5.5
351k-375k 8 18 3 0.4 2.7
376k-400k 25 25 5 0.2 6
401k-425k 17 38 7 0.4 2.7
426k-450k 42 55 8 0.2 4.6
451k-475k 35 57 6 0.3 3.7
476k-500k 59 76 6 0.2 4.7
501k-550k 128 126 14 0.2 6.1
551k-600k 153 124 16 0.1 7.4
601k-650k 137 114 23 0.1 7.2
651k-700k 165 101 17 0.1 9.8
701k-750k 115 108 8 0.2 6.4
751k-800k 120 78 18 0.1 9.2
801k-850k 111 67 6 0.1 9.9
851k-900k 104 59 9 0.1 10.6
901k-950k 63 35 4 0.1 10.8
951k-1m 98 45 7 0.1 13.1
1m-1.1m 88 49 8 0.1 10.8
1.1m-1.2m 101 62 18 0.1 9.8
1.2m-1.3m 92 40 8 0.1 13.8
1.3m-1.4m 60 34 7 0.1 10.6
1.4m-1.5m 59 30 8 0.1 11.8
1.5m-1.6m 41 29 7 0.1 8.5
1.6m-1.7m 53 19 3 0.1 16.7
1.7m-1.8m 47 25 6 0.1 11.3
1.8m-1.9m 34 23 3 0.1 8.9
1.9m-2m 38 19 2 0.1 12
2m-2.25m 45 25 7 0.1 10.8
2.25m-2.5m 61 21 5 0.1 17.4
2.5m-2.75m 33 21 3 0.1 9.4
2.75m-3m 62 18 4 0 20.7
3m-3.5m 74 21 6 0 21.1
3.5m-4m 58 26 8 0.1 13.4
4m-4.5m 39 14 3 0.1 16.7
4.5m-5m 34 15 3 0.1 13.6
5.01m-6m 69 18 5 0 23
6.01m-7m 50 11 5 0 27.3
7.01m-8m 41 8 2 0 30.8
8.01m-9m 28 9 3 0.1 18.7
9.01m-10m 27 8 3 0 20.3
10.01m-11m 16 2 1 0 48
11.01m-12m 18 4 0 27
12.01m-13m 15 1 0 90
13.01m-14m 16 1 0 96
14.01m-15m 14 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 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
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 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
201k-225k 1 0
251k-275k 1 0.2 0
276k-300k 3 3 0.2 6
301k-325k 1 1 0.2 6
326k-350k 2 4 0.3 3
351k-375k 8 10 0.2 4.8
376k-400k 8 4 1 0.1 12
401k-425k 11 6 1 0.1 11
426k-450k 12 11 2 0.2 6.5
451k-475k 13 10 3 0.1 7.8
476k-500k 16 14 4 0.1 6.9
501k-550k 6 11 0.3 3.3
551k-600k 11 5 0.1 13.2
601k-650k 3 1 0.1 18
651k-700k 2 1 0.1 12
701k-750k 3 0
751k-800k 1 1 0.2 6
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 2 0
2.75m-3m 1 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 7 1 1.2 0
126k-150k 11 3 0 22
151k-175k 13 8 1 0.1 9.8
176k-200k 29 37 9 0.2 4.7
201k-225k 38 42 5 0.2 5.4
226k-250k 55 43 6 0.1 7.7
251k-275k 79 70 13 0.1 6.8
276k-300k 141 78 13 0.1 10.8
301k-325k 85 72 9 0.1 7.1
326k-350k 156 73 13 0.1 12.8
351k-375k 128 53 4 0.1 14.5
376k-400k 131 61 9 0.1 12.9
401k-425k 97 47 7 0.1 12.4
426k-450k 101 36 8 0.1 16.8
451k-475k 64 35 6 0.1 11
476k-500k 90 31 9 0.1 17.4
501k-550k 133 43 14 0.1 18.6
551k-600k 103 52 10 0.1 11.9
601k-650k 82 35 5 0.1 14.1
651k-700k 74 29 6 0.1 15.3
701k-750k 48 26 7 0.1 11.1
751k-800k 60 20 6 0.1 18
801k-850k 43 12 2 0 21.5
851k-900k 62 21 3 0.1 17.7
901k-950k 38 21 1 0.1 10.9
951k-1m 42 10 3 0 25.2
1m-1.1m 49 15 2 0.1 19.6
1.1m-1.2m 50 19 2 0.1 15.8
1.2m-1.3m 49 20 3 0.1 14.7
1.3m-1.4m 47 9 4 0 31.3
1.4m-1.5m 36 5 0 43.2
1.5m-1.6m 23 9 2 0.1 15.3
1.6m-1.7m 26 7 1 0 22.3
1.7m-1.8m 33 6 3 0 33
1.8m-1.9m 27 5 2 0 32.4
1.9m-2m 24 13 2 0.1 11.1
2m-2.25m 35 10 1 0 21
2.25m-2.5m 57 8 2 0 42.8
2.5m-2.75m 36 12 5 0.1 18
2.75m-3m 31 7 2 0 26.6
3m-3.5m 39 8 2 0 29.3
3.5m-4m 24 10 2 0.1 14.4
4m-4.5m 21 4 0 31.5
4.5m-5m 11 4 2 0.1 16.5
5.01m-6m 14 5 0.1 16.8
6.01m-7m 16 8 1 0.1 12
7.01m-8m 9 1 0 54
8.01m-9m 5 1 1 0 30
9.01m-10m 4 0
10.01m-11m 4 2 0.1 12
11.01m-12m 2 0
12.01m-13m 3 0
14.01m-15m 2 0
15.01m-16m 1 0
16.01m-17m 1 0
19.01m-20m 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 5 1 0.1 7.2
26k-50k 24 18 4 0.1 8
51k-75k 55 20 3 0.1 16.5
76k-100k 61 22 5 0.1 16.6
101k-125k 50 25 1 0.1 12
126k-150k 56 31 6 0.1 10.8
151k-175k 28 12 2 0.1 14
176k-200k 46 9 3 0 30.7
201k-225k 34 6 1 0 34
226k-250k 35 7 2 0 30
251k-275k 16 2 1 0 48
276k-300k 36 6 2 0 36
301k-325k 12 2 0 36
326k-350k 16 6 1 0.1 16
351k-375k 8 4 0.1 12
376k-400k 16 5 1 0.1 19.2
401k-425k 2 5 0.4 2.4
426k-450k 14 1 0 84
451k-475k 5 2 0.1 15
476k-500k 20 4 1 0 30
501k-550k 10 4 1 0.1 15
551k-600k 10 1 0 60
601k-650k 4 1 0 24
651k-700k 12 1 0 72
701k-750k 8 0
751k-800k 17 2 2 0 51
801k-850k 2 3 2 0.3 4
851k-900k 5 0
901k-950k 6 0
951k-1m 7 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 3 1 0.1 18
1.2m-1.3m 9 4 1 0.1 13.5
1.3m-1.4m 2 0
1.4m-1.5m 5 0
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.8m-1.9m 2 1 1 0.1 12
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 2 1 0 30
3m-3.5m 13 0
3.5m-4m 6 3 1 0.1 12
4m-4.5m 3 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 1 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