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 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 1 0.2 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 4 2 0.1 12
276k-300k 4 1 0 24
301k-325k 3 5 0.3 3.6
326k-350k 8 13 3 0.3 3.7
351k-375k 8 18 1 0.4 2.7
376k-400k 22 26 5 0.2 5.1
401k-425k 17 36 4 0.4 2.8
426k-450k 41 57 11 0.2 4.3
451k-475k 31 60 10 0.3 3.1
476k-500k 63 84 10 0.2 4.5
501k-550k 123 137 9 0.2 5.4
551k-600k 153 130 16 0.1 7.1
601k-650k 142 109 19 0.1 7.8
651k-700k 170 97 23 0.1 10.5
701k-750k 111 109 16 0.2 6.1
751k-800k 119 82 27 0.1 8.7
801k-850k 112 64 6 0.1 10.5
851k-900k 92 62 11 0.1 8.9
901k-950k 61 36 4 0.1 10.2
951k-1m 93 45 8 0.1 12.4
1m-1.1m 91 53 10 0.1 10.3
1.1m-1.2m 100 61 16 0.1 9.8
1.2m-1.3m 83 41 10 0.1 12.1
1.3m-1.4m 62 34 8 0.1 10.9
1.4m-1.5m 63 28 7 0.1 13.5
1.5m-1.6m 44 28 6 0.1 9.4
1.6m-1.7m 47 18 5 0.1 15.7
1.7m-1.8m 50 21 7 0.1 14.3
1.8m-1.9m 39 22 6 0.1 10.6
1.9m-2m 35 19 2 0.1 11.1
2m-2.25m 43 29 9 0.1 8.9
2.25m-2.5m 62 21 4 0.1 17.7
2.5m-2.75m 32 23 6 0.1 8.3
2.75m-3m 63 15 4 0 25.2
3m-3.5m 68 25 9 0.1 16.3
3.5m-4m 56 23 8 0.1 14.6
4m-4.5m 35 15 2 0.1 14
4.5m-5m 34 13 2 0.1 15.7
5.01m-6m 69 19 6 0 21.8
6.01m-7m 49 9 4 0 32.7
7.01m-8m 37 12 5 0.1 18.5
8.01m-9m 26 8 2 0.1 19.5
9.01m-10m 26 6 4 0 26
10.01m-11m 14 3 2 0 28
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 7 0
20.01m-21m 3 0
21.01m-22m 5 0
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 12% 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 5 0.8 1.2
351k-375k 8 11 0.2 4.4
376k-400k 7 4 2 0.1 10.5
401k-425k 12 7 1 0.1 10.3
426k-450k 14 10 1 0.1 8.4
451k-475k 15 7 0.1 12.9
476k-500k 17 12 3 0.1 8.5
501k-550k 12 12 3 0.2 6
551k-600k 9 6 1 0.1 9
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
1m-1.1m 1 0.2 0
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 9 3 0.1 18
151k-175k 15 10 2 0.1 9
176k-200k 29 34 7 0.2 5.1
201k-225k 36 42 4 0.2 5.1
226k-250k 58 41 8 0.1 8.5
251k-275k 83 61 6 0.1 8.2
276k-300k 138 89 17 0.1 9.3
301k-325k 91 69 5 0.1 7.9
326k-350k 160 81 17 0.1 11.9
351k-375k 121 54 4 0.1 13.4
376k-400k 127 62 14 0.1 12.3
401k-425k 92 50 9 0.1 11
426k-450k 102 37 9 0.1 16.5
451k-475k 57 31 6 0.1 11
476k-500k 97 36 12 0.1 16.2
501k-550k 138 38 10 0 21.8
551k-600k 104 54 9 0.1 11.6
601k-650k 85 36 7 0.1 14.2
651k-700k 72 28 5 0.1 15.4
701k-750k 47 25 6 0.1 11.3
751k-800k 58 21 7 0.1 16.6
801k-850k 40 13 2 0.1 18.5
851k-900k 59 25 3 0.1 14.2
901k-950k 33 22 4 0.1 9
951k-1m 41 8 1 0 30.8
1m-1.1m 45 16 2 0.1 16.9
1.1m-1.2m 50 19 3 0.1 15.8
1.2m-1.3m 46 22 5 0.1 12.5
1.3m-1.4m 45 9 4 0 30
1.4m-1.5m 32 7 2 0 27.4
1.5m-1.6m 22 10 2 0.1 13.2
1.6m-1.7m 22 8 1 0.1 16.5
1.7m-1.8m 30 5 2 0 36
1.8m-1.9m 28 7 2 0 24
1.9m-2m 25 11 1 0.1 13.6
2m-2.25m 36 10 5 0 21.6
2.25m-2.5m 51 7 3 0 43.7
2.5m-2.75m 39 8 2 0 29.3
2.75m-3m 31 7 3 0 26.6
3m-3.5m 41 8 2 0 30.8
3.5m-4m 26 9 1 0.1 17.3
4m-4.5m 19 4 1 0 28.5
4.5m-5m 13 3 1 0 26
5.01m-6m 13 6 1 0.1 13
6.01m-7m 16 8 2 0.1 12
7.01m-8m 9 1 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 2 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 7 6 1 0.1 7
26k-50k 26 17 3 0.1 9.2
51k-75k 60 20 2 0.1 18
76k-100k 65 21 5 0.1 18.6
101k-125k 54 25 2 0.1 13
126k-150k 63 31 5 0.1 12.2
151k-175k 29 14 2 0.1 12.4
176k-200k 48 8 1 0 36
201k-225k 25 7 3 0 21.4
226k-250k 38 5 0 45.6
251k-275k 17 1 0 102
276k-300k 38 7 2 0 32.6
301k-325k 13 3 0 26
326k-350k 18 5 0 21.6
351k-375k 9 4 0.1 13.5
376k-400k 17 5 2 0 20.4
401k-425k 1 5 0.8 1.2
426k-450k 11 2 1 0 33
451k-475k 6 3 0.1 12
476k-500k 20 3 1 0 40
501k-550k 10 5 2 0.1 12
551k-600k 10 1 0 60
601k-650k 4 2 0.1 12
651k-700k 11 1 1 0 66
701k-750k 9 0
751k-800k 18 2 2 0 54
801k-850k 5 2 1 0.1 15
851k-900k 3 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 10 3 2 0.1 20
1.3m-1.4m 2 0
1.4m-1.5m 7 0
1.5m-1.6m 1 1 0.2 6
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 12 1 0 72
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 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