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 4 1 0 24
301k-325k 3 5 0.3 3.6
326k-350k 10 13 3 0.2 4.6
351k-375k 8 18 1 0.4 2.7
376k-400k 23 26 4 0.2 5.3
401k-425k 17 35 4 0.3 2.9
426k-450k 41 56 10 0.2 4.4
451k-475k 29 63 12 0.4 2.8
476k-500k 63 81 9 0.2 4.7
501k-550k 124 137 9 0.2 5.4
551k-600k 154 131 16 0.1 7.1
601k-650k 142 108 17 0.1 7.9
651k-700k 172 96 22 0.1 10.8
701k-750k 113 112 17 0.2 6.1
751k-800k 119 79 24 0.1 9
801k-850k 113 64 6 0.1 10.6
851k-900k 93 62 11 0.1 9
901k-950k 58 35 4 0.1 9.9
951k-1m 94 45 7 0.1 12.5
1m-1.1m 91 52 8 0.1 10.5
1.1m-1.2m 103 62 17 0.1 10
1.2m-1.3m 84 40 9 0.1 12.6
1.3m-1.4m 62 34 8 0.1 10.9
1.4m-1.5m 63 28 6 0.1 13.5
1.5m-1.6m 44 27 6 0.1 9.8
1.6m-1.7m 48 18 5 0.1 16
1.7m-1.8m 48 24 10 0.1 12
1.8m-1.9m 37 23 7 0.1 9.7
1.9m-2m 35 19 3 0.1 11.1
2m-2.25m 43 28 7 0.1 9.2
2.25m-2.5m 62 22 5 0.1 16.9
2.5m-2.75m 34 22 4 0.1 9.3
2.75m-3m 62 15 4 0 24.8
3m-3.5m 69 25 9 0.1 16.6
3.5m-4m 58 23 8 0.1 15.1
4m-4.5m 33 16 3 0.1 12.4
4.5m-5m 34 14 2 0.1 14.6
5.01m-6m 71 19 6 0 22.4
6.01m-7m 48 8 5 0 36
7.01m-8m 38 12 4 0.1 19
8.01m-9m 26 7 2 0 22.3
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 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 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 4 0.7 1.5
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 16 7 0.1 13.7
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
2.5m-2.75m 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 1 6 2 1 1
126k-150k 10 3 0.1 20
151k-175k 15 9 2 0.1 10
176k-200k 28 35 8 0.2 4.8
201k-225k 35 43 5 0.2 4.9
226k-250k 59 41 7 0.1 8.6
251k-275k 82 63 8 0.1 7.8
276k-300k 138 89 17 0.1 9.3
301k-325k 91 69 5 0.1 7.9
326k-350k 158 82 18 0.1 11.6
351k-375k 123 54 4 0.1 13.7
376k-400k 127 62 14 0.1 12.3
401k-425k 94 50 9 0.1 11.3
426k-450k 101 39 11 0.1 15.5
451k-475k 58 31 6 0.1 11.2
476k-500k 97 35 12 0.1 16.6
501k-550k 135 41 12 0.1 19.8
551k-600k 102 53 9 0.1 11.5
601k-650k 86 37 8 0.1 13.9
651k-700k 72 28 6 0.1 15.4
701k-750k 47 25 6 0.1 11.3
751k-800k 60 22 8 0.1 16.4
801k-850k 40 14 2 0.1 17.1
851k-900k 60 22 2 0.1 16.4
901k-950k 33 22 4 0.1 9
951k-1m 40 9 2 0 26.7
1m-1.1m 47 16 2 0.1 17.6
1.1m-1.2m 49 19 3 0.1 15.5
1.2m-1.3m 48 22 5 0.1 13.1
1.3m-1.4m 44 9 4 0 29.3
1.4m-1.5m 32 7 2 0 27.4
1.5m-1.6m 22 11 3 0.1 12
1.6m-1.7m 22 7 0.1 18.9
1.7m-1.8m 31 5 2 0 37.2
1.8m-1.9m 27 7 2 0 23.1
1.9m-2m 26 11 1 0.1 14.2
2m-2.25m 36 10 5 0 21.6
2.25m-2.5m 50 7 3 0 42.9
2.5m-2.75m 39 8 2 0 29.3
2.75m-3m 31 7 3 0 26.6
3m-3.5m 40 9 3 0 26.7
3.5m-4m 26 9 1 0.1 17.3
4m-4.5m 20 4 0 30
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 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 17 3 0.1 9.2
51k-75k 60 21 3 0.1 17.1
76k-100k 63 21 5 0.1 18
101k-125k 54 25 1 0.1 13
126k-150k 62 32 6 0.1 11.6
151k-175k 30 14 2 0.1 12.9
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 6 1 0 38
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 19 2 2 0 57
801k-850k 4 2 1 0.1 12
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 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