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 3 0.3 2.9
426k-450k 41 56 10 0.2 4.4
451k-475k 30 63 12 0.4 2.9
476k-500k 63 80 9 0.2 4.7
501k-550k 124 135 9 0.2 5.5
551k-600k 153 130 15 0.1 7.1
601k-650k 142 107 16 0.1 8
651k-700k 170 98 22 0.1 10.4
701k-750k 114 113 18 0.2 6.1
751k-800k 117 78 22 0.1 9
801k-850k 113 63 6 0.1 10.8
851k-900k 94 62 11 0.1 9.1
901k-950k 57 34 3 0.1 10.1
951k-1m 95 45 6 0.1 12.7
1m-1.1m 91 51 8 0.1 10.7
1.1m-1.2m 100 62 16 0.1 9.7
1.2m-1.3m 84 39 9 0.1 12.9
1.3m-1.4m 61 35 9 0.1 10.5
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 36 24 7 0.1 9
1.9m-2m 34 19 3 0.1 10.7
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 61 15 3 0 24.4
3m-3.5m 70 25 9 0.1 16.8
3.5m-4m 57 23 8 0.1 14.9
4m-4.5m 33 16 3 0.1 12.4
4.5m-5m 34 14 2 0.1 14.6
5.01m-6m 71 18 6 0 23.7
6.01m-7m 48 8 5 0 36
7.01m-8m 38 10 4 0 22.8
8.01m-9m 26 7 2 0 22.3
9.01m-10m 26 6 4 0 26
10.01m-11m 15 3 2 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 2 0.1 10.5
401k-425k 12 7 1 0.1 10.3
426k-450k 13 10 1 0.1 7.8
451k-475k 15 8 1 0.1 11.3
476k-500k 17 12 2 0.1 8.5
501k-550k 11 12 3 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
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 27 36 8 0.2 4.5
201k-225k 35 42 5 0.2 5
226k-250k 59 41 7 0.1 8.6
251k-275k 84 63 6 0.1 8
276k-300k 137 88 17 0.1 9.3
301k-325k 90 69 4 0.1 7.8
326k-350k 159 84 19 0.1 11.4
351k-375k 122 55 5 0.1 13.3
376k-400k 127 62 14 0.1 12.3
401k-425k 95 48 8 0.1 11.9
426k-450k 101 39 9 0.1 15.5
451k-475k 59 31 6 0.1 11.4
476k-500k 97 34 12 0.1 17.1
501k-550k 135 41 12 0.1 19.8
551k-600k 101 53 9 0.1 11.4
601k-650k 86 37 8 0.1 13.9
651k-700k 71 29 7 0.1 14.7
701k-750k 48 25 5 0.1 11.5
751k-800k 61 22 8 0.1 16.6
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 41 9 2 0 27.3
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 49 22 5 0.1 13.4
1.3m-1.4m 42 9 3 0 28
1.4m-1.5m 32 6 2 0 32
1.5m-1.6m 22 10 3 0.1 13.2
1.6m-1.7m 22 7 0.1 18.9
1.7m-1.8m 32 5 2 0 38.4
1.8m-1.9m 27 7 2 0 23.1
1.9m-2m 26 11 1 0.1 14.2
2m-2.25m 37 10 5 0 22.2
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 64 21 5 0.1 18.3
101k-125k 54 25 1 0.1 13
126k-150k 62 31 6 0.1 12
151k-175k 30 14 2 0.1 12.9
176k-200k 48 7 1 0 41.1
201k-225k 25 7 3 0 21.4
226k-250k 39 5 0 46.8
251k-275k 17 1 0 102
276k-300k 38 6 1 0 38
301k-325k 13 3 0 26
326k-350k 17 5 0 20.4
351k-375k 9 4 0.1 13.5
376k-400k 15 5 2 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 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 4 2 1 0.1 12
851k-900k 4 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