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 23 4 0.1 7.3
401k-425k 18 35 6 0.3 3.1
426k-450k 40 56 8 0.2 4.3
451k-475k 34 57 6 0.3 3.6
476k-500k 57 78 8 0.2 4.4
501k-550k 135 129 15 0.2 6.3
551k-600k 150 123 13 0.1 7.3
601k-650k 141 112 20 0.1 7.6
651k-700k 163 104 17 0.1 9.4
701k-750k 116 106 6 0.2 6.6
751k-800k 130 80 15 0.1 9.8
801k-850k 114 68 6 0.1 10.1
851k-900k 100 58 9 0.1 10.3
901k-950k 61 36 5 0.1 10.2
951k-1m 103 43 5 0.1 14.4
1m-1.1m 89 51 6 0.1 10.5
1.1m-1.2m 102 59 18 0.1 10.4
1.2m-1.3m 93 40 9 0.1 14
1.3m-1.4m 65 34 7 0.1 11.5
1.4m-1.5m 58 31 8 0.1 11.2
1.5m-1.6m 45 27 7 0.1 10
1.6m-1.7m 52 20 2 0.1 15.6
1.7m-1.8m 50 24 5 0.1 12.5
1.8m-1.9m 30 22 2 0.1 8.2
1.9m-2m 40 19 3 0.1 12.6
2m-2.25m 47 27 7 0.1 10.4
2.25m-2.5m 58 21 6 0.1 16.6
2.5m-2.75m 33 22 3 0.1 9
2.75m-3m 63 18 3 0 21
3m-3.5m 75 22 6 0 20.5
3.5m-4m 59 26 9 0.1 13.6
4m-4.5m 40 14 3 0.1 17.1
4.5m-5m 35 15 1 0.1 14
5.01m-6m 72 18 5 0 24
6.01m-7m 46 15 7 0.1 18.4
7.01m-8m 43 8 1 0 32.3
8.01m-9m 29 9 3 0.1 19.3
9.01m-10m 26 8 2 0.1 19.5
10.01m-11m 16 3 2 0 32
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 3 0
19.01m-20m 9 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 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
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 8 9 0.2 5.3
376k-400k 8 3 0.1 16
401k-425k 11 6 1 0.1 11
426k-450k 12 11 3 0.2 6.5
451k-475k 12 9 3 0.1 8
476k-500k 15 13 2 0.1 6.9
501k-550k 7 11 0.3 3.8
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 38 42 4 0.2 5.4
226k-250k 57 42 6 0.1 8.1
251k-275k 82 71 13 0.1 6.9
276k-300k 140 79 12 0.1 10.6
301k-325k 90 70 9 0.1 7.7
326k-350k 155 71 8 0.1 13.1
351k-375k 135 51 3 0.1 15.9
376k-400k 132 60 9 0.1 13.2
401k-425k 95 47 6 0.1 12.1
426k-450k 106 36 7 0.1 17.7
451k-475k 68 34 5 0.1 12
476k-500k 87 30 7 0.1 17.4
501k-550k 137 44 12 0.1 18.7
551k-600k 103 49 11 0.1 12.6
601k-650k 83 33 4 0.1 15.1
651k-700k 77 29 4 0.1 15.9
701k-750k 46 27 7 0.1 10.2
751k-800k 63 20 2 0.1 18.9
801k-850k 43 14 2 0.1 18.4
851k-900k 64 21 3 0.1 18.3
901k-950k 36 22 2 0.1 9.8
951k-1m 45 10 3 0 27
1m-1.1m 49 15 2 0.1 19.6
1.1m-1.2m 49 20 3 0.1 14.7
1.2m-1.3m 50 21 5 0.1 14.3
1.3m-1.4m 47 9 2 0 31.3
1.4m-1.5m 37 5 0 44.4
1.5m-1.6m 22 9 1 0.1 14.7
1.6m-1.7m 26 7 1 0 22.3
1.7m-1.8m 35 6 2 0 35
1.8m-1.9m 26 5 2 0 31.2
1.9m-2m 25 13 2 0.1 11.5
2m-2.25m 37 11 2 0 20.2
2.25m-2.5m 60 8 1 0 45
2.5m-2.75m 38 12 5 0.1 19
2.75m-3m 34 7 2 0 29.1
3m-3.5m 39 8 2 0 29.3
3.5m-4m 27 10 2 0.1 16.2
4m-4.5m 20 4 0 30
4.5m-5m 11 4 1 0.1 16.5
5.01m-6m 14 5 0.1 16.8
6.01m-7m 16 8 0.1 12
7.01m-8m 10 1 0 60
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 1 0.1 7.2
26k-50k 24 18 3 0.1 8
51k-75k 56 19 1 0.1 17.7
76k-100k 61 22 5 0.1 16.6
101k-125k 50 26 2 0.1 11.5
126k-150k 56 31 7 0.1 10.8
151k-175k 28 11 2 0.1 15.3
176k-200k 46 9 3 0 30.7
201k-225k 34 6 1 0 34
226k-250k 35 7 2 0 30
251k-275k 16 2 1 0 48
276k-300k 36 6 2 0 36
301k-325k 12 2 0 36
326k-350k 18 7 2 0.1 15.4
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 1 0 24
651k-700k 12 1 0 72
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 2 1 1 0.1 12
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 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 10 1 0 60
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
62.01m-63m 1 0