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 0.2 0
151k-175k 1 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 3 3 1 0.2 6
276k-300k 5 1 0 30
301k-325k 2 6 0.5 2
326k-350k 11 14 6 0.2 4.7
351k-375k 8 18 3 0.4 2.7
376k-400k 30 26 7 0.1 6.9
401k-425k 18 34 5 0.3 3.2
426k-450k 40 57 10 0.2 4.2
451k-475k 37 57 5 0.3 3.9
476k-500k 61 75 8 0.2 4.9
501k-550k 133 128 15 0.2 6.2
551k-600k 158 125 14 0.1 7.6
601k-650k 148 112 21 0.1 7.9
651k-700k 161 107 18 0.1 9
701k-750k 114 108 8 0.2 6.3
751k-800k 133 80 16 0.1 10
801k-850k 120 69 5 0.1 10.4
851k-900k 106 56 7 0.1 11.4
901k-950k 68 38 6 0.1 10.7
951k-1m 100 45 7 0.1 13.3
1m-1.1m 92 53 8 0.1 10.4
1.1m-1.2m 113 59 16 0.1 11.5
1.2m-1.3m 92 42 9 0.1 13.1
1.3m-1.4m 65 34 8 0.1 11.5
1.4m-1.5m 60 33 8 0.1 10.9
1.5m-1.6m 42 27 7 0.1 9.3
1.6m-1.7m 54 21 3 0.1 15.4
1.7m-1.8m 49 23 5 0.1 12.8
1.8m-1.9m 33 22 3 0.1 9
1.9m-2m 40 20 3 0.1 12
2m-2.25m 48 28 6 0.1 10.3
2.25m-2.5m 64 21 6 0.1 18.3
2.5m-2.75m 37 20 3 0.1 11.1
2.75m-3m 66 19 2 0 20.8
3m-3.5m 74 26 10 0.1 17.1
3.5m-4m 60 25 7 0.1 14.4
4m-4.5m 41 14 4 0.1 17.6
4.5m-5m 36 15 1 0.1 14.4
5.01m-6m 75 17 3 0 26.5
6.01m-7m 47 15 6 0.1 18.8
7.01m-8m 45 9 2 0 30
8.01m-9m 31 9 3 0 20.7
9.01m-10m 26 9 3 0.1 17.3
10.01m-11m 16 3 2 0 32
11.01m-12m 17 4 0 25.5
12.01m-13m 19 1 0 114
13.01m-14m 18 1 0 108
14.01m-15m 12 0
15.01m-16m 9 0
16.01m-17m 6 2 0.1 18
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 4 0
25.01m-26m 4 0
26.01m-27m 2 0
27.01m-28m 3 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
38.01m-39m 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 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
326k-350k 2 4 0.3 3
351k-375k 11 9 0.1 7.3
376k-400k 8 4 1 0.1 12
401k-425k 13 6 1 0.1 13
426k-450k 12 11 3 0.2 6.5
451k-475k 13 9 3 0.1 8.7
476k-500k 17 13 2 0.1 7.8
501k-550k 10 11 0.2 5.5
551k-600k 11 5 0.1 13.2
601k-650k 4 1 0 24
651k-700k 1 1 0.2 6
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
7.01m-8m 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 15 9 2 0.1 10
176k-200k 30 35 5 0.2 5.1
201k-225k 37 43 5 0.2 5.2
226k-250k 57 44 7 0.1 7.8
251k-275k 84 73 14 0.1 6.9
276k-300k 148 80 12 0.1 11.1
301k-325k 94 68 9 0.1 8.3
326k-350k 158 72 10 0.1 13.2
351k-375k 135 49 3 0.1 16.5
376k-400k 137 64 10 0.1 12.8
401k-425k 103 46 5 0.1 13.4
426k-450k 101 36 7 0.1 16.8
451k-475k 73 33 5 0.1 13.3
476k-500k 91 30 7 0.1 18.2
501k-550k 142 47 14 0.1 18.1
551k-600k 108 52 12 0.1 12.5
601k-650k 83 34 6 0.1 14.6
651k-700k 76 30 5 0.1 15.2
701k-750k 52 27 5 0.1 11.6
751k-800k 61 21 3 0.1 17.4
801k-850k 49 14 2 0 21
851k-900k 64 21 3 0.1 18.3
901k-950k 39 22 3 0.1 10.6
951k-1m 46 11 4 0 25.1
1m-1.1m 49 17 3 0.1 17.3
1.1m-1.2m 49 21 4 0.1 14
1.2m-1.3m 53 21 6 0.1 15.1
1.3m-1.4m 45 8 2 0 33.8
1.4m-1.5m 35 6 1 0 35
1.5m-1.6m 22 9 1 0.1 14.7
1.6m-1.7m 29 6 1 0 29
1.7m-1.8m 35 7 3 0 30
1.8m-1.9m 24 6 2 0 24
1.9m-2m 28 13 2 0.1 12.9
2m-2.25m 42 10 2 0 25.2
2.25m-2.5m 56 8 2 0 42
2.5m-2.75m 42 11 3 0 22.9
2.75m-3m 38 7 2 0 32.6
3m-3.5m 39 8 2 0 29.3
3.5m-4m 27 11 2 0.1 14.7
4m-4.5m 20 4 0 30
4.5m-5m 13 4 1 0.1 19.5
5.01m-6m 14 4 0 21
6.01m-7m 18 9 1 0.1 12
7.01m-8m 11 1 0 66
8.01m-9m 5 1 1 0 30
9.01m-10m 5 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
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 5 6 1 0.2 5
26k-50k 23 18 2 0.1 7.7
51k-75k 57 18 1 0.1 19
76k-100k 60 23 5 0.1 15.7
101k-125k 50 24 1 0.1 12.5
126k-150k 57 31 6 0.1 11
151k-175k 28 11 2 0.1 15.3
176k-200k 46 8 2 0 34.5
201k-225k 33 8 3 0 24.8
226k-250k 35 8 3 0 26.3
251k-275k 16 2 1 0 48
276k-300k 36 4 1 0 54
301k-325k 12 3 0 24
326k-350k 20 7 2 0.1 17.1
351k-375k 7 4 1 0.1 10.5
376k-400k 16 5 0.1 19.2
401k-425k 2 5 0.4 2.4
426k-450k 11 1 0 66
451k-475k 5 2 0.1 15
476k-500k 21 4 1 0 31.5
501k-550k 10 3 1 0.1 20
551k-600k 10 1 0 60
601k-650k 4 2 0.1 12
651k-700k 11 2 1 0 33
701k-750k 8 0
751k-800k 17 2 0 51
801k-850k 2 3 1 0.3 4
851k-900k 5 0
901k-950k 6 0
951k-1m 8 1 0 48
1m-1.1m 3 1 1 0.1 18
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 8 2 1 0 24
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 8 1 0 48
1.6m-1.7m 3 0
1.8m-1.9m 3 1 1 0.1 18
1.9m-2m 5 1 0 30
2m-2.25m 7 1 0 42
2.25m-2.5m 5 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 4 0
4.5m-5m 10 1 0 60
5.01m-6m 5 0
6.01m-7m 4 0
7.01m-8m 6 1 1 0 36
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 1 0.2 0
11.01m-12m 1 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
39.01m-40m 1 0
62.01m-63m 1 0