Absorption Report

Naples

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 16% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0.2 0
226k-250k 1 3 1 0.5 2
251k-275k 2 3 1 0.3 4
276k-300k 4 2 0.1 12
301k-325k 1 5 0.8 1.2
326k-350k 7 14 3 0.3 3
351k-375k 10 16 2 0.3 3.8
376k-400k 22 31 8 0.2 4.3
401k-425k 15 41 7 0.5 2.2
426k-450k 35 54 7 0.3 3.9
451k-475k 37 50 9 0.2 4.4
476k-500k 67 92 17 0.2 4.4
501k-550k 118 169 30 0.2 4.2
551k-600k 135 151 19 0.2 5.4
601k-650k 125 106 17 0.1 7.1
651k-700k 162 105 21 0.1 9.3
701k-750k 116 99 20 0.1 7
751k-800k 131 74 15 0.1 10.6
801k-850k 89 70 9 0.1 7.6
851k-900k 90 61 9 0.1 8.9
901k-950k 62 37 5 0.1 10.1
951k-1m 81 48 11 0.1 10.1
1m-1.1m 79 64 14 0.1 7.4
1.1m-1.2m 110 64 14 0.1 10.3
1.2m-1.3m 71 34 11 0.1 12.5
1.3m-1.4m 56 32 9 0.1 10.5
1.4m-1.5m 57 32 6 0.1 10.7
1.5m-1.6m 42 23 6 0.1 11
1.6m-1.7m 41 13 3 0.1 18.9
1.7m-1.8m 44 23 8 0.1 11.5
1.8m-1.9m 38 22 4 0.1 10.4
1.9m-2m 40 21 5 0.1 11.4
2m-2.25m 44 27 7 0.1 9.8
2.25m-2.5m 53 21 4 0.1 15.1
2.5m-2.75m 34 21 5 0.1 9.7
2.75m-3m 44 13 3 0 20.3
3m-3.5m 66 23 6 0.1 17.2
3.5m-4m 45 17 6 0.1 15.9
4m-4.5m 34 13 5 0.1 15.7
4.5m-5m 30 12 1 0.1 15
5.01m-6m 59 21 7 0.1 16.9
6.01m-7m 45 5 2 0 54
7.01m-8m 38 4 0 57
8.01m-9m 24 9 5 0.1 16
9.01m-10m 30 4 2 0 45
10.01m-11m 10 3 0.1 20
11.01m-12m 15 5 1 0.1 18
12.01m-13m 12 1 1 0 72
13.01m-14m 13 2 1 0 39
14.01m-15m 14 0
15.01m-16m 8 1 0 48
16.01m-17m 5 2 0.1 15
17.01m-18m 3 0
18.01m-19m 3 0
19.01m-20m 5 0
20.01m-21m 3 0
21.01m-22m 5 0
22.01m-23m 1 0
23.01m-24m 3 0
25.01m-26m 4 1 0 24
27.01m-28m 2 0
28.01m-29m 1 0
29.01m-30m 1 0
32.01m-33m 1 0
34.01m-35m 3 0
43.01m-44m 1 0
44.01m-45m 1 0.2 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 Since 12/31 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
276k-300k 2 4 1 0.3 3
301k-325k 1 1 0.2 6
326k-350k 1 5 0.8 1.2
351k-375k 3 8 0.4 2.3
376k-400k 9 6 1 0.1 9
401k-425k 7 6 1 0.1 7
426k-450k 13 9 1 0.1 8.7
451k-475k 17 9 0.1 11.3
476k-500k 16 11 3 0.1 8.7
501k-550k 18 10 2 0.1 10.8
551k-600k 11 6 2 0.1 11
601k-650k 2 2 1 0.2 6
651k-700k 2 1 0.1 12
701k-750k 3 0
751k-800k 1 1 1 0.2 6
1m-1.1m 1 0.2 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0

Condos 11% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 4 1 0.7 1.5
126k-150k 5 5 2 0.2 6
151k-175k 17 8 2 0.1 12.8
176k-200k 27 30 3 0.2 5.4
201k-225k 40 46 6 0.2 5.2
226k-250k 52 37 6 0.1 8.4
251k-275k 65 65 9 0.2 6
276k-300k 130 86 20 0.1 9.1
301k-325k 84 79 13 0.2 6.4
326k-350k 134 79 16 0.1 10.2
351k-375k 98 58 7 0.1 10.1
376k-400k 114 63 12 0.1 10.9
401k-425k 82 55 13 0.1 8.9
426k-450k 84 43 10 0.1 11.7
451k-475k 57 32 3 0.1 10.7
476k-500k 91 36 9 0.1 15.2
501k-550k 115 42 6 0.1 16.4
551k-600k 93 51 9 0.1 10.9
601k-650k 69 37 8 0.1 11.2
651k-700k 62 26 8 0.1 14.3
701k-750k 42 30 3 0.1 8.4
751k-800k 50 19 4 0.1 15.8
801k-850k 39 13 2 0.1 18
851k-900k 53 25 4 0.1 12.7
901k-950k 29 22 6 0.1 7.9
951k-1m 42 15 5 0.1 16.8
1m-1.1m 34 20 3 0.1 10.2
1.1m-1.2m 52 18 6 0.1 17.3
1.2m-1.3m 42 19 5 0.1 13.3
1.3m-1.4m 39 9 0 26
1.4m-1.5m 28 7 4 0 24
1.5m-1.6m 18 9 0.1 12
1.6m-1.7m 13 7 0.1 11.1
1.7m-1.8m 27 3 1 0 54
1.8m-1.9m 19 9 2 0.1 12.7
1.9m-2m 23 10 1 0.1 13.8
2m-2.25m 28 7 1 0 24
2.25m-2.5m 41 6 0 41
2.5m-2.75m 28 7 1 0 24
2.75m-3m 27 8 2 0 20.3
3m-3.5m 39 6 1 0 39
3.5m-4m 24 9 0.1 16
4m-4.5m 15 3 2 0 30
4.5m-5m 12 3 2 0 24
5.01m-6m 8 7 0.1 6.9
6.01m-7m 14 5 2 0.1 16.8
7.01m-8m 9 1 1 0 54
8.01m-9m 5 0
9.01m-10m 3 1 0.1 18
10.01m-11m 5 1 0 30
11.01m-12m 3 0
12.01m-13m 2 0
14.01m-15m 1 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 8% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 10 6 1 0.1 10
26k-50k 29 14 5 0.1 12.4
51k-75k 57 25 3 0.1 13.7
76k-100k 65 23 7 0.1 17
101k-125k 47 26 10 0.1 10.8
126k-150k 69 32 4 0.1 12.9
151k-175k 27 20 2 0.1 8.1
176k-200k 43 13 3 0.1 19.8
201k-225k 21 5 1 0 25.2
226k-250k 40 6 0 40
251k-275k 12 1 0 72
276k-300k 39 5 1 0 46.8
301k-325k 15 2 0 45
326k-350k 13 5 2 0.1 15.6
351k-375k 5 2 2 0.1 15
376k-400k 19 6 2 0.1 19
401k-425k 3 3 1 0.2 6
426k-450k 15 3 2 0 30
451k-475k 7 4 0.1 10.5
476k-500k 20 3 0 40
501k-550k 10 3 0.1 20
551k-600k 9 1 0 54
601k-650k 3 3 0.2 6
651k-700k 8 1 0 48
701k-750k 8 0
751k-800k 18 0
801k-850k 5 1 1 0 30
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 11 1 0 66
1.1m-1.2m 2 2 0.2 6
1.2m-1.3m 5 2 0.1 15
1.3m-1.4m 3 0
1.4m-1.5m 6 0
1.5m-1.6m 2 1 1 0.1 12
1.6m-1.7m 4 0
1.7m-1.8m 1 0
1.8m-1.9m 3 0
1.9m-2m 3 0
2m-2.25m 4 1 0 24
2.25m-2.5m 7 1 1 0 42
2.5m-2.75m 8 1 0 48
2.75m-3m 10 0
3m-3.5m 14 1 1 0 84
3.5m-4m 6 2 2 0.1 18
4m-4.5m 4 0
4.5m-5m 8 3 1 0.1 16
5.01m-6m 7 0
6.01m-7m 4 0
7.01m-8m 8 0
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 1 1 0.2 0
19.01m-20m 1 0
21.01m-22m 1 0
23.01m-24m 1 0
24.01m-25m 1 0
31.01m-32m 1 0.2 0
62.01m-63m 1 0