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 2 6 0.5 2
326k-350k 11 13 5 0.2 5.1
351k-375k 9 17 1 0.3 3.2
376k-400k 21 25 6 0.2 5
401k-425k 17 37 6 0.4 2.8
426k-450k 41 56 8 0.2 4.4
451k-475k 33 58 8 0.3 3.4
476k-500k 61 78 6 0.2 4.7
501k-550k 126 129 12 0.2 5.9
551k-600k 153 124 14 0.1 7.4
601k-650k 139 113 20 0.1 7.4
651k-700k 160 100 18 0.1 9.6
701k-750k 110 110 9 0.2 6
751k-800k 120 75 20 0.1 9.6
801k-850k 110 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 93 45 7 0.1 12.4
1m-1.1m 89 49 7 0.1 10.9
1.1m-1.2m 99 61 17 0.1 9.7
1.2m-1.3m 89 39 7 0.1 13.7
1.3m-1.4m 55 34 6 0.1 9.7
1.4m-1.5m 60 29 7 0.1 12.4
1.5m-1.6m 37 29 8 0.1 7.7
1.6m-1.7m 52 19 3 0.1 16.4
1.7m-1.8m 47 23 6 0.1 12.3
1.8m-1.9m 32 24 5 0.1 8
1.9m-2m 35 19 2 0.1 11.1
2m-2.25m 44 25 7 0.1 10.6
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 61 17 3 0 21.5
3m-3.5m 70 23 8 0.1 18.3
3.5m-4m 58 26 9 0.1 13.4
4m-4.5m 35 13 2 0.1 16.2
4.5m-5m 33 15 3 0.1 13.2
5.01m-6m 68 18 5 0 22.7
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 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 3 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 11 6 1 0.1 11
426k-450k 13 10 1 0.1 7.8
451k-475k 12 10 3 0.1 7.2
476k-500k 15 15 5 0.2 6
501k-550k 7 11 0.3 3.8
551k-600k 10 5 0.1 12
601k-650k 3 1 0.1 18
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 2 1.2 0
126k-150k 11 3 0 22
151k-175k 13 8 1 0.1 9.8
176k-200k 26 37 9 0.2 4.2
201k-225k 35 43 7 0.2 4.9
226k-250k 51 44 6 0.1 7
251k-275k 78 69 13 0.1 6.8
276k-300k 140 82 16 0.1 10.2
301k-325k 82 71 6 0.1 6.9
326k-350k 156 74 15 0.1 12.6
351k-375k 123 52 4 0.1 14.2
376k-400k 124 62 9 0.1 12
401k-425k 95 47 6 0.1 12.1
426k-450k 98 37 8 0.1 15.9
451k-475k 59 33 4 0.1 10.7
476k-500k 93 31 8 0.1 18
501k-550k 133 42 14 0.1 19
551k-600k 105 50 7 0.1 12.6
601k-650k 81 35 5 0.1 13.9
651k-700k 70 29 6 0.1 14.5
701k-750k 48 25 6 0.1 11.5
751k-800k 60 22 7 0.1 16.4
801k-850k 42 12 3 0 21
851k-900k 62 21 2 0.1 17.7
901k-950k 36 22 1 0.1 9.8
951k-1m 42 11 4 0 22.9
1m-1.1m 44 15 2 0.1 17.6
1.1m-1.2m 50 18 3 0.1 16.7
1.2m-1.3m 49 21 3 0.1 14
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 22 7 1 0.1 18.9
1.7m-1.8m 30 6 3 0 30
1.8m-1.9m 28 5 2 0 33.6
1.9m-2m 23 12 1 0.1 11.5
2m-2.25m 37 10 2 0 22.2
2.25m-2.5m 55 7 2 0 47.1
2.5m-2.75m 38 9 2 0 25.3
2.75m-3m 31 7 2 0 26.6
3m-3.5m 39 9 2 0 26
3.5m-4m 23 10 2 0.1 13.8
4m-4.5m 21 4 0 31.5
4.5m-5m 11 4 2 0.1 16.5
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
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 25 17 3 0.1 8.8
51k-75k 55 20 3 0.1 16.5
76k-100k 58 24 6 0.1 14.5
101k-125k 51 25 1 0.1 12.2
126k-150k 56 31 6 0.1 10.8
151k-175k 28 12 2 0.1 14
176k-200k 47 8 2 0 35.3
201k-225k 26 6 1 0 26
226k-250k 35 7 2 0 30
251k-275k 16 2 1 0 48
276k-300k 35 5 1 0 42
301k-325k 12 3 0 24
326k-350k 17 6 1 0.1 17
351k-375k 8 4 0.1 12
376k-400k 16 5 1 0.1 19.2
401k-425k 1 5 0.8 1.2
426k-450k 13 1 0 78
451k-475k 6 2 0.1 18
476k-500k 20 4 2 0 30
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 8 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 5 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 1 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