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 29 26 7 0.1 6.7
401k-425k 19 34 5 0.3 3.4
426k-450k 40 58 10 0.2 4.1
451k-475k 37 57 5 0.3 3.9
476k-500k 61 75 8 0.2 4.9
501k-550k 132 129 15 0.2 6.1
551k-600k 155 125 15 0.1 7.4
601k-650k 145 111 21 0.1 7.8
651k-700k 161 107 19 0.1 9
701k-750k 113 107 9 0.2 6.3
751k-800k 133 83 16 0.1 9.6
801k-850k 120 67 4 0.1 10.7
851k-900k 102 56 7 0.1 10.9
901k-950k 69 38 6 0.1 10.9
951k-1m 101 45 7 0.1 13.5
1m-1.1m 92 53 8 0.1 10.4
1.1m-1.2m 110 60 17 0.1 11
1.2m-1.3m 93 43 9 0.1 13
1.3m-1.4m 66 33 7 0.1 12
1.4m-1.5m 61 32 8 0.1 11.4
1.5m-1.6m 42 27 8 0.1 9.3
1.6m-1.7m 53 22 3 0.1 14.5
1.7m-1.8m 49 23 5 0.1 12.8
1.8m-1.9m 33 22 3 0.1 9
1.9m-2m 39 20 3 0.1 11.7
2m-2.25m 49 27 5 0.1 10.9
2.25m-2.5m 63 21 6 0.1 18
2.5m-2.75m 36 21 3 0.1 10.3
2.75m-3m 67 18 2 0 22.3
3m-3.5m 74 25 9 0.1 17.8
3.5m-4m 58 25 7 0.1 13.9
4m-4.5m 40 14 4 0.1 17.1
4.5m-5m 36 15 1 0.1 14.4
5.01m-6m 74 17 3 0 26.1
6.01m-7m 46 15 7 0.1 18.4
7.01m-8m 45 9 2 0 30
8.01m-9m 30 9 3 0.1 20
9.01m-10m 26 9 3 0.1 17.3
10.01m-11m 16 3 2 0 32
11.01m-12m 17 4 0 25.5
12.01m-13m 19 1 0 114
13.01m-14m 18 1 0 108
14.01m-15m 12 0
15.01m-16m 9 0
16.01m-17m 6 2 0.1 18
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
38.01m-39m 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 10 9 0.2 6.7
376k-400k 8 4 1 0.1 12
401k-425k 13 6 1 0.1 13
426k-450k 12 11 3 0.2 6.5
451k-475k 13 9 3 0.1 8.7
476k-500k 17 13 2 0.1 7.8
501k-550k 9 11 0.2 4.9
551k-600k 12 5 0.1 14.4
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 15 9 2 0.1 10
176k-200k 30 36 6 0.2 5
201k-225k 37 43 6 0.2 5.2
226k-250k 56 44 7 0.1 7.6
251k-275k 84 73 14 0.1 6.9
276k-300k 148 79 10 0.1 11.2
301k-325k 94 68 9 0.1 8.3
326k-350k 158 72 10 0.1 13.2
351k-375k 133 50 3 0.1 16
376k-400k 136 64 10 0.1 12.8
401k-425k 102 47 6 0.1 13
426k-450k 102 36 7 0.1 17
451k-475k 71 33 5 0.1 12.9
476k-500k 91 30 7 0.1 18.2
501k-550k 141 47 14 0.1 18
551k-600k 106 52 12 0.1 12.2
601k-650k 84 34 7 0.1 14.8
651k-700k 77 29 5 0.1 15.9
701k-750k 51 27 6 0.1 11.3
751k-800k 61 21 3 0.1 17.4
801k-850k 47 14 2 0 20.1
851k-900k 64 21 3 0.1 18.3
901k-950k 38 23 3 0.1 9.9
951k-1m 44 11 4 0 24
1m-1.1m 51 16 3 0.1 19.1
1.1m-1.2m 49 21 4 0.1 14
1.2m-1.3m 51 22 6 0.1 13.9
1.3m-1.4m 45 9 2 0 30
1.4m-1.5m 36 5 0 43.2
1.5m-1.6m 22 9 1 0.1 14.7
1.6m-1.7m 29 6 1 0 29
1.7m-1.8m 35 7 3 0 30
1.8m-1.9m 24 6 3 0 24
1.9m-2m 27 13 2 0.1 12.5
2m-2.25m 42 10 2 0 25.2
2.25m-2.5m 56 8 2 0 42
2.5m-2.75m 41 11 4 0 22.4
2.75m-3m 38 7 2 0 32.6
3m-3.5m 39 8 2 0 29.3
3.5m-4m 27 11 2 0.1 14.7
4m-4.5m 20 4 0 30
4.5m-5m 13 4 1 0.1 19.5
5.01m-6m 14 5 0.1 16.8
6.01m-7m 18 9 1 0.1 12
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 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 5 6 1 0.2 5
26k-50k 23 18 3 0.1 7.7
51k-75k 57 18 1 0.1 19
76k-100k 60 23 7 0.1 15.7
101k-125k 51 25 1 0.1 12.2
126k-150k 58 30 5 0.1 11.6
151k-175k 28 11 2 0.1 15.3
176k-200k 46 8 2 0 34.5
201k-225k 33 8 3 0 24.8
226k-250k 35 8 3 0 26.3
251k-275k 16 2 1 0 48
276k-300k 36 4 1 0 54
301k-325k 12 3 0 24
326k-350k 20 7 2 0.1 17.1
351k-375k 7 4 1 0.1 10.5
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 1 0 51
801k-850k 2 3 1 0.3 4
851k-900k 5 0
901k-950k 6 0
951k-1m 8 1 0 48
1m-1.1m 3 1 1 0.1 18
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 8 2 1 0 24
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 8 1 0 48
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 7 1 0 42
2.25m-2.5m 5 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 4 0
4.5m-5m 10 1 0 60
5.01m-6m 5 0
6.01m-7m 4 0
7.01m-8m 6 1 1 0 36
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 1 0.2 0
11.01m-12m 1 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