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 16% 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
201k-225k 1 0.2 0
226k-250k 1 3 1 0.5 2
251k-275k 1 3 1 0.5 2
276k-300k 5 2 0.1 15
301k-325k 1 5 0.8 1.2
326k-350k 7 17 4 0.4 2.5
351k-375k 9 17 3 0.3 3.2
376k-400k 21 32 3 0.3 3.9
401k-425k 17 40 5 0.4 2.6
426k-450k 32 52 8 0.3 3.7
451k-475k 38 55 10 0.2 4.1
476k-500k 61 97 21 0.3 3.8
501k-550k 122 164 28 0.2 4.5
551k-600k 147 145 16 0.2 6.1
601k-650k 128 106 16 0.1 7.2
651k-700k 165 114 29 0.1 8.7
701k-750k 112 100 20 0.1 6.7
751k-800k 135 76 19 0.1 10.7
801k-850k 94 69 9 0.1 8.2
851k-900k 92 65 10 0.1 8.5
901k-950k 62 38 7 0.1 9.8
951k-1m 88 51 13 0.1 10.4
1m-1.1m 84 62 10 0.1 8.1
1.1m-1.2m 112 63 10 0.1 10.7
1.2m-1.3m 74 37 14 0.1 12
1.3m-1.4m 59 31 8 0.1 11.4
1.4m-1.5m 59 28 6 0.1 12.6
1.5m-1.6m 48 27 8 0.1 10.7
1.6m-1.7m 37 16 6 0.1 13.9
1.7m-1.8m 45 23 7 0.1 11.7
1.8m-1.9m 38 23 6 0.1 9.9
1.9m-2m 39 22 6 0.1 10.6
2m-2.25m 43 28 6 0.1 9.2
2.25m-2.5m 59 17 3 0 20.8
2.5m-2.75m 30 23 6 0.1 7.8
2.75m-3m 50 15 5 0.1 20
3m-3.5m 67 23 7 0.1 17.5
3.5m-4m 46 18 7 0.1 15.3
4m-4.5m 37 12 3 0.1 18.5
4.5m-5m 32 12 2 0.1 16
5.01m-6m 61 19 6 0.1 19.3
6.01m-7m 44 8 4 0 33
7.01m-8m 39 7 2 0 33.4
8.01m-9m 25 8 3 0.1 18.8
9.01m-10m 28 5 3 0 33.6
10.01m-11m 11 4 1 0.1 16.5
11.01m-12m 15 5 1 0.1 18
12.01m-13m 15 1 0 90
13.01m-14m 10 2 1 0 30
14.01m-15m 13 1 1 0 78
15.01m-16m 8 0
16.01m-17m 5 2 0.1 15
17.01m-18m 3 0
18.01m-19m 3 0
19.01m-20m 5 0
20.01m-21m 3 0
21.01m-22m 5 0
22.01m-23m 1 0
23.01m-24m 3 0
25.01m-26m 4 1 0 24
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 4 0
43.01m-44m 1 0
44.01m-45m 1 0.2 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0

Townhouses 17% 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
276k-300k 3 4 1 0.2 4.5
301k-325k 1 0.2 0
326k-350k 1 5 0.8 1.2
351k-375k 3 9 1 0.5 2
376k-400k 8 6 2 0.1 8
401k-425k 8 6 1 0.1 8
426k-450k 11 10 2 0.2 6.6
451k-475k 17 8 0.1 12.8
476k-500k 15 11 3 0.1 8.2
501k-550k 17 10 3 0.1 10.2
551k-600k 11 5 1 0.1 13.2
601k-650k 2 2 1 0.2 6
651k-700k 1 1 0.2 6
701k-750k 3 0
751k-800k 1 1 1 0.2 6
1m-1.1m 1 0.2 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0
2.5m-2.75m 1 0

Condos 11% 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 5 1 0.8 1.2
126k-150k 7 5 2 0.1 8.4
151k-175k 16 8 0.1 12
176k-200k 26 31 3 0.2 5
201k-225k 37 46 6 0.2 4.8
226k-250k 52 39 9 0.1 8
251k-275k 74 64 10 0.1 6.9
276k-300k 126 90 20 0.1 8.4
301k-325k 87 75 15 0.1 7
326k-350k 136 77 15 0.1 10.6
351k-375k 101 58 11 0.1 10.4
376k-400k 115 62 15 0.1 11.1
401k-425k 87 56 13 0.1 9.3
426k-450k 93 44 11 0.1 12.7
451k-475k 52 36 7 0.1 8.7
476k-500k 90 35 7 0.1 15.4
501k-550k 121 44 8 0.1 16.5
551k-600k 92 51 9 0.1 10.8
601k-650k 78 35 11 0.1 13.4
651k-700k 67 28 9 0.1 14.4
701k-750k 43 28 2 0.1 9.2
751k-800k 55 19 3 0.1 17.4
801k-850k 41 11 1 0 22.4
851k-900k 55 24 4 0.1 13.8
901k-950k 28 22 6 0.1 7.6
951k-1m 44 11 2 0 24
1m-1.1m 34 21 3 0.1 9.7
1.1m-1.2m 53 18 5 0.1 17.7
1.2m-1.3m 40 19 6 0.1 12.6
1.3m-1.4m 38 9 2 0 25.3
1.4m-1.5m 29 7 1 0 24.9
1.5m-1.6m 20 10 1 0.1 12
1.6m-1.7m 17 8 1 0.1 12.8
1.7m-1.8m 25 4 2 0 37.5
1.8m-1.9m 25 9 1 0.1 16.7
1.9m-2m 22 10 1 0.1 13.2
2m-2.25m 33 9 3 0 22
2.25m-2.5m 43 8 2 0 32.3
2.5m-2.75m 33 6 1 0 33
2.75m-3m 26 9 4 0.1 17.3
3m-3.5m 38 7 2 0 32.6
3.5m-4m 28 10 0.1 16.8
4m-4.5m 15 2 0 45
4.5m-5m 14 3 2 0 28
5.01m-6m 10 8 1 0.1 7.5
6.01m-7m 16 5 2 0.1 19.2
7.01m-8m 8 2 2 0 24
8.01m-9m 5 0
9.01m-10m 4 1 0 24
10.01m-11m 4 2 1 0.1 12
11.01m-12m 1 1 1 0.2 6
12.01m-13m 2 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 10 6 1 0.1 10
26k-50k 27 15 2 0.1 10.8
51k-75k 59 24 4 0.1 14.8
76k-100k 60 23 7 0.1 15.7
101k-125k 50 24 9 0.1 12.5
126k-150k 66 33 6 0.1 12
151k-175k 28 18 3 0.1 9.3
176k-200k 44 12 3 0 22
201k-225k 23 5 1 0 27.6
226k-250k 38 6 0 38
251k-275k 15 1 0 90
276k-300k 40 5 1 0 48
301k-325k 16 3 0 32
326k-350k 16 4 1 0 24
351k-375k 5 3 3 0.1 10
376k-400k 19 6 1 0.1 19
401k-425k 2 4 2 0.3 3
426k-450k 12 3 1 0 24
451k-475k 7 4 0.1 10.5
476k-500k 21 3 0 42
501k-550k 9 4 1 0.1 13.5
551k-600k 10 1 0 60
601k-650k 3 3 0.2 6
651k-700k 9 1 0 54
701k-750k 9 0
751k-800k 18 0
801k-850k 4 1 1 0 24
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 2 1 0 27
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 7 2 1 0 21
1.3m-1.4m 3 0
1.4m-1.5m 6 0
1.5m-1.6m 2 1 1 0.1 12
1.6m-1.7m 4 0
1.7m-1.8m 1 0
1.8m-1.9m 3 0
1.9m-2m 3 1 1 0.1 18
2m-2.25m 4 1 0 24
2.25m-2.5m 7 0
2.5m-2.75m 8 1 0 48
2.75m-3m 10 0
3m-3.5m 14 1 1 0 84
3.5m-4m 7 2 2 0 21
4m-4.5m 4 0
4.5m-5m 9 3 1 0.1 18
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 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