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 2 0.1 9
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 28 24 6 0.1 7
401k-425k 18 35 6 0.3 3.1
426k-450k 42 54 7 0.2 4.7
451k-475k 35 56 6 0.3 3.8
476k-500k 56 76 8 0.2 4.4
501k-550k 136 130 16 0.2 6.3
551k-600k 153 125 15 0.1 7.3
601k-650k 143 112 21 0.1 7.7
651k-700k 160 106 19 0.1 9.1
701k-750k 117 107 8 0.2 6.6
751k-800k 132 79 15 0.1 10
801k-850k 116 69 7 0.1 10.1
851k-900k 100 57 9 0.1 10.5
901k-950k 65 37 5 0.1 10.5
951k-1m 101 44 6 0.1 13.8
1m-1.1m 92 51 6 0.1 10.8
1.1m-1.2m 105 59 17 0.1 10.7
1.2m-1.3m 92 41 9 0.1 13.5
1.3m-1.4m 65 34 7 0.1 11.5
1.4m-1.5m 58 32 8 0.1 10.9
1.5m-1.6m 44 26 7 0.1 10.2
1.6m-1.7m 53 22 3 0.1 14.5
1.7m-1.8m 48 23 5 0.1 12.5
1.8m-1.9m 33 22 2 0.1 9
1.9m-2m 38 19 3 0.1 12
2m-2.25m 48 26 6 0.1 11.1
2.25m-2.5m 59 21 6 0.1 16.9
2.5m-2.75m 35 22 3 0.1 9.5
2.75m-3m 63 18 3 0 21
3m-3.5m 77 23 7 0 20.1
3.5m-4m 59 25 8 0.1 14.2
4m-4.5m 40 14 3 0.1 17.1
4.5m-5m 34 15 1 0.1 13.6
5.01m-6m 72 18 5 0 24
6.01m-7m 46 15 7 0.1 18.4
7.01m-8m 44 8 1 0 33
8.01m-9m 30 9 3 0.1 20
9.01m-10m 25 9 3 0.1 16.7
10.01m-11m 17 3 2 0 34
11.01m-12m 17 4 0 25.5
12.01m-13m 17 1 0 102
13.01m-14m 17 1 0 102
14.01m-15m 12 0
15.01m-16m 9 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 4 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 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 1 0.2 6
326k-350k 2 4 0.3 3
351k-375k 9 9 0.2 6
376k-400k 9 3 0.1 18
401k-425k 10 6 1 0.1 10
426k-450k 12 11 3 0.2 6.5
451k-475k 13 9 3 0.1 8.7
476k-500k 16 13 2 0.1 7.4
501k-550k 8 11 0.2 4.4
551k-600k 11 5 0.1 13.2
601k-650k 3 1 0.1 18
651k-700k 2 1 0.1 12
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 14 8 1 0.1 10.5
176k-200k 29 37 8 0.2 4.7
201k-225k 37 42 4 0.2 5.3
226k-250k 57 44 7 0.1 7.8
251k-275k 84 72 13 0.1 7
276k-300k 142 79 11 0.1 10.8
301k-325k 90 70 9 0.1 7.7
326k-350k 160 70 7 0.1 13.7
351k-375k 135 51 3 0.1 15.9
376k-400k 130 62 9 0.1 12.6
401k-425k 95 48 6 0.1 11.9
426k-450k 106 35 7 0.1 18.2
451k-475k 71 34 5 0.1 12.5
476k-500k 87 30 6 0.1 17.4
501k-550k 140 46 13 0.1 18.3
551k-600k 104 52 12 0.1 12
601k-650k 85 31 4 0.1 16.5
651k-700k 78 29 4 0.1 16.1
701k-750k 48 27 6 0.1 10.7
751k-800k 59 21 3 0.1 16.9
801k-850k 44 14 2 0.1 18.9
851k-900k 65 21 3 0.1 18.6
901k-950k 37 22 2 0.1 10.1
951k-1m 45 10 3 0 27
1m-1.1m 49 16 3 0.1 18.4
1.1m-1.2m 51 20 3 0.1 15.3
1.2m-1.3m 50 21 5 0.1 14.3
1.3m-1.4m 45 10 3 0 27
1.4m-1.5m 37 5 0 44.4
1.5m-1.6m 22 9 1 0.1 14.7
1.6m-1.7m 29 7 1 0 24.9
1.7m-1.8m 34 6 2 0 34
1.8m-1.9m 25 5 2 0 30
1.9m-2m 26 13 2 0.1 12
2m-2.25m 40 10 2 0 24
2.25m-2.5m 57 8 1 0 42.8
2.5m-2.75m 39 12 5 0.1 19.5
2.75m-3m 34 7 2 0 29.1
3m-3.5m 40 8 2 0 30
3.5m-4m 26 11 3 0.1 14.2
4m-4.5m 20 4 0 30
4.5m-5m 13 4 1 0.1 19.5
5.01m-6m 13 5 0.1 15.6
6.01m-7m 16 9 1 0.1 10.7
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 1 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
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 0.1 7.2
26k-50k 24 18 3 0.1 8
51k-75k 57 19 1 0.1 18
76k-100k 61 22 5 0.1 16.6
101k-125k 51 25 1 0.1 12.2
126k-150k 58 30 5 0.1 11.6
151k-175k 27 11 2 0.1 14.7
176k-200k 46 9 3 0 30.7
201k-225k 34 6 1 0 34
226k-250k 36 8 3 0 27
251k-275k 16 2 1 0 48
276k-300k 36 5 1 0 43.2
301k-325k 12 2 0 36
326k-350k 19 7 2 0.1 16.3
351k-375k 8 4 0.1 12
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 1 0.1 12
651k-700k 11 2 1 0 33
701k-750k 8 0
751k-800k 17 2 2 0 51
801k-850k 2 3 1 0.3 4
851k-900k 5 0
901k-950k 6 0
951k-1m 8 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 8 3 1 0.1 16
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 1 1 0.1 18
1.9m-2m 5 1 0 30
2m-2.25m 6 1 0 36
2.25m-2.5m 6 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 3 0
4.5m-5m 9 1 0 54
5.01m-6m 5 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 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
39.01m-40m 1 0
62.01m-63m 1 0