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 5 1 0 30
301k-325k 3 6 0.3 3
326k-350k 11 12 3 0.2 5.5
351k-375k 8 17 1 0.4 2.8
376k-400k 20 24 6 0.2 5
401k-425k 18 36 4 0.3 3
426k-450k 41 57 8 0.2 4.3
451k-475k 33 57 7 0.3 3.5
476k-500k 64 79 6 0.2 4.9
501k-550k 129 129 12 0.2 6
551k-600k 162 126 14 0.1 7.7
601k-650k 145 110 19 0.1 7.9
651k-700k 167 98 18 0.1 10.2
701k-750k 116 109 14 0.2 6.4
751k-800k 119 74 18 0.1 9.6
801k-850k 111 67 6 0.1 9.9
851k-900k 98 58 7 0.1 10.1
901k-950k 57 36 5 0.1 9.5
951k-1m 97 44 6 0.1 13.2
1m-1.1m 91 49 7 0.1 11.1
1.1m-1.2m 103 63 17 0.1 9.8
1.2m-1.3m 85 39 7 0.1 13.1
1.3m-1.4m 60 35 6 0.1 10.3
1.4m-1.5m 64 28 6 0.1 13.7
1.5m-1.6m 39 28 7 0.1 8.4
1.6m-1.7m 53 18 4 0.1 17.7
1.7m-1.8m 46 24 7 0.1 11.5
1.8m-1.9m 35 24 5 0.1 8.8
1.9m-2m 33 19 2 0.1 10.4
2m-2.25m 43 27 9 0.1 9.6
2.25m-2.5m 62 23 5 0.1 16.2
2.5m-2.75m 33 20 2 0.1 9.9
2.75m-3m 61 16 3 0 22.9
3m-3.5m 70 25 9 0.1 16.8
3.5m-4m 59 25 9 0.1 14.2
4m-4.5m 34 13 3 0.1 15.7
4.5m-5m 36 14 2 0.1 15.4
5.01m-6m 69 19 6 0 21.8
6.01m-7m 50 10 6 0 30
7.01m-8m 38 8 2 0 28.5
8.01m-9m 27 9 3 0.1 18
9.01m-10m 27 6 4 0 27
10.01m-11m 15 3 1 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 3 0
35.01m-36m 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 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
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 1 0.1 10.5
401k-425k 12 6 1 0.1 12
426k-450k 13 10 0.1 7.8
451k-475k 14 9 3 0.1 9.3
476k-500k 17 14 4 0.1 7.3
501k-550k 8 11 2 0.2 4.4
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 0.2 6
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 10 3 0.1 20
151k-175k 15 8 2 0.1 11.3
176k-200k 28 37 9 0.2 4.5
201k-225k 35 43 7 0.2 4.9
226k-250k 57 43 6 0.1 8
251k-275k 81 67 11 0.1 7.3
276k-300k 139 81 14 0.1 10.3
301k-325k 87 71 4 0.1 7.4
326k-350k 161 82 21 0.1 11.8
351k-375k 125 51 3 0.1 14.7
376k-400k 125 65 11 0.1 11.5
401k-425k 97 47 4 0.1 12.4
426k-450k 102 38 8 0.1 16.1
451k-475k 60 31 4 0.1 11.6
476k-500k 93 32 8 0.1 17.4
501k-550k 134 41 15 0.1 19.6
551k-600k 105 52 7 0.1 12.1
601k-650k 86 35 6 0.1 14.7
651k-700k 73 28 6 0.1 15.6
701k-750k 51 25 6 0.1 12.2
751k-800k 60 22 7 0.1 16.4
801k-850k 41 12 3 0 20.5
851k-900k 61 21 2 0.1 17.4
901k-950k 36 22 1 0.1 9.8
951k-1m 43 11 4 0 23.5
1m-1.1m 46 15 2 0.1 18.4
1.1m-1.2m 51 17 1 0.1 18
1.2m-1.3m 49 22 4 0.1 13.4
1.3m-1.4m 44 8 3 0 33
1.4m-1.5m 33 6 1 0 33
1.5m-1.6m 22 10 2 0.1 13.2
1.6m-1.7m 22 6 0 22
1.7m-1.8m 31 6 3 0 31
1.8m-1.9m 28 5 2 0 33.6
1.9m-2m 25 12 1 0.1 12.5
2m-2.25m 37 10 2 0 22.2
2.25m-2.5m 54 7 2 0 46.3
2.5m-2.75m 40 8 1 0 30
2.75m-3m 32 7 2 0 27.4
3m-3.5m 41 9 2 0 27.3
3.5m-4m 24 9 1 0.1 16
4m-4.5m 20 4 0 30
4.5m-5m 12 4 2 0.1 18
5.01m-6m 13 6 0.1 13
6.01m-7m 17 8 2 0.1 12.8
7.01m-8m 8 1 0 48
8.01m-9m 5 1 1 0 30
9.01m-10m 4 1 0 24
10.01m-11m 4 2 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 5 1 0.1 7.2
26k-50k 27 16 2 0.1 10.1
51k-75k 59 19 2 0.1 18.6
76k-100k 62 22 5 0.1 16.9
101k-125k 54 25 1 0.1 13
126k-150k 60 31 6 0.1 11.6
151k-175k 29 14 2 0.1 12.4
176k-200k 49 8 2 0 36.8
201k-225k 25 7 1 0 21.4
226k-250k 38 6 1 0 38
251k-275k 17 1 0 102
276k-300k 36 6 1 0 36
301k-325k 13 3 0 26
326k-350k 16 6 1 0.1 16
351k-375k 9 4 0.1 13.5
376k-400k 16 5 1 0.1 19.2
401k-425k 1 5 0.8 1.2
426k-450k 13 2 1 0 39
451k-475k 6 2 0.1 18
476k-500k 21 4 2 0 31.5
501k-550k 10 4 1 0.1 15
551k-600k 10 1 0 60
601k-650k 4 2 0.1 12
651k-700k 12 1 1 0 72
701k-750k 9 0
751k-800k 17 2 2 0 51
801k-850k 2 3 2 0.3 4
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 1 0 54
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 9 4 2 0.1 13.5
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 2 1 0.1 12
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 13 1 0 78
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