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 12 13 5 0.2 5.5
351k-375k 9 17 1 0.3 3.2
376k-400k 21 25 7 0.2 5
401k-425k 17 37 6 0.4 2.8
426k-450k 41 56 9 0.2 4.4
451k-475k 33 58 8 0.3 3.4
476k-500k 61 78 6 0.2 4.7
501k-550k 128 129 12 0.2 6
551k-600k 158 125 15 0.1 7.6
601k-650k 141 113 23 0.1 7.5
651k-700k 166 100 19 0.1 10
701k-750k 112 110 11 0.2 6.1
751k-800k 121 75 20 0.1 9.7
801k-850k 111 67 6 0.1 9.9
851k-900k 97 58 7 0.1 10
901k-950k 58 35 4 0.1 9.9
951k-1m 94 45 7 0.1 12.5
1m-1.1m 90 49 7 0.1 11
1.1m-1.2m 101 61 17 0.1 9.9
1.2m-1.3m 89 39 7 0.1 13.7
1.3m-1.4m 59 34 6 0.1 10.4
1.4m-1.5m 61 29 7 0.1 12.6
1.5m-1.6m 37 29 8 0.1 7.7
1.6m-1.7m 53 19 3 0.1 16.7
1.7m-1.8m 49 23 6 0.1 12.8
1.8m-1.9m 32 24 5 0.1 8
1.9m-2m 34 19 2 0.1 10.7
2m-2.25m 45 25 7 0.1 10.8
2.25m-2.5m 61 23 5 0.1 15.9
2.5m-2.75m 31 21 3 0.1 8.9
2.75m-3m 62 16 2 0 23.3
3m-3.5m 71 24 9 0.1 17.8
3.5m-4m 58 26 9 0.1 13.4
4m-4.5m 36 13 2 0.1 16.6
4.5m-5m 34 15 3 0.1 13.6
5.01m-6m 68 18 5 0 22.7
6.01m-7m 51 10 6 0 30.6
7.01m-8m 38 8 2 0 28.5
8.01m-9m 27 9 3 0.1 18
9.01m-10m 28 7 4 0 24
10.01m-11m 15 2 1 0 45
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 8 4 1 0.1 12
401k-425k 12 6 1 0.1 12
426k-450k 13 10 1 0.1 7.8
451k-475k 13 10 3 0.1 7.8
476k-500k 16 15 5 0.2 6.4
501k-550k 7 11 1 0.3 3.8
551k-600k 10 5 0.1 12
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 7 3 1.2 0
126k-150k 11 3 0 22
151k-175k 13 8 1 0.1 9.8
176k-200k 27 37 9 0.2 4.4
201k-225k 35 43 7 0.2 4.9
226k-250k 55 43 5 0.1 7.7
251k-275k 81 69 13 0.1 7
276k-300k 143 82 16 0.1 10.5
301k-325k 84 70 6 0.1 7.2
326k-350k 158 75 17 0.1 12.6
351k-375k 124 53 5 0.1 14
376k-400k 126 62 9 0.1 12.2
401k-425k 95 47 6 0.1 12.1
426k-450k 102 37 8 0.1 16.5
451k-475k 58 33 4 0.1 10.5
476k-500k 96 31 8 0.1 18.6
501k-550k 134 42 14 0.1 19.1
551k-600k 107 49 7 0.1 13.1
601k-650k 82 36 6 0.1 13.7
651k-700k 71 29 6 0.1 14.7
701k-750k 49 25 6 0.1 11.8
751k-800k 62 22 7 0.1 16.9
801k-850k 41 12 3 0 20.5
851k-900k 63 21 2 0.1 18
901k-950k 36 22 1 0.1 9.8
951k-1m 45 11 4 0 24.5
1m-1.1m 45 15 2 0.1 18
1.1m-1.2m 50 17 2 0.1 17.6
1.2m-1.3m 49 22 4 0.1 13.4
1.3m-1.4m 46 9 4 0 30.7
1.4m-1.5m 34 5 0 40.8
1.5m-1.6m 23 10 2 0.1 13.8
1.6m-1.7m 23 7 1 0.1 19.7
1.7m-1.8m 30 6 3 0 30
1.8m-1.9m 28 5 2 0 33.6
1.9m-2m 24 12 1 0.1 12
2m-2.25m 37 10 2 0 22.2
2.25m-2.5m 55 7 2 0 47.1
2.5m-2.75m 37 10 3 0 22.2
2.75m-3m 32 7 2 0 27.4
3m-3.5m 40 9 2 0 26.7
3.5m-4m 24 10 2 0.1 14.4
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 1 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 2 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 26 17 3 0.1 9.2
51k-75k 57 20 3 0.1 17.1
76k-100k 60 24 6 0.1 15
101k-125k 54 25 1 0.1 13
126k-150k 60 31 6 0.1 11.6
151k-175k 29 12 2 0.1 14.5
176k-200k 50 8 2 0 37.5
201k-225k 26 6 1 0 26
226k-250k 36 7 2 0 30.9
251k-275k 16 2 1 0 48
276k-300k 36 5 1 0 43.2
301k-325k 13 3 0 26
326k-350k 17 6 1 0.1 17
351k-375k 8 4 0.1 12
376k-400k 17 5 1 0 20.4
401k-425k 1 5 0.8 1.2
426k-450k 13 1 0 78
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 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 6 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 3 1 0.1 18
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