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 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
76k-100k 1 1 0.2 0
226k-250k 1 1 1 0.2 6
251k-275k 4 2 0.1 12
276k-300k 3 2 1 0.1 9
301k-325k 2 5 1 0.4 2.4
326k-350k 13 13 1 0.2 6
351k-375k 9 19 3 0.4 2.8
376k-400k 20 30 5 0.3 4
401k-425k 17 37 5 0.4 2.8
426k-450k 39 53 11 0.2 4.4
451k-475k 33 59 11 0.3 3.4
476k-500k 62 86 13 0.2 4.3
501k-550k 121 146 16 0.2 5
551k-600k 153 132 19 0.1 7
601k-650k 143 106 19 0.1 8.1
651k-700k 161 105 29 0.1 9.2
701k-750k 116 109 17 0.2 6.4
751k-800k 126 81 26 0.1 9.3
801k-850k 107 63 8 0.1 10.2
851k-900k 94 61 11 0.1 9.2
901k-950k 66 36 3 0.1 11
951k-1m 90 46 7 0.1 11.7
1m-1.1m 87 55 7 0.1 9.5
1.1m-1.2m 103 56 11 0.1 11
1.2m-1.3m 82 42 14 0.1 11.7
1.3m-1.4m 58 31 8 0.1 11.2
1.4m-1.5m 65 25 5 0.1 15.6
1.5m-1.6m 46 30 6 0.1 9.2
1.6m-1.7m 42 18 6 0.1 14
1.7m-1.8m 46 21 4 0.1 13.1
1.8m-1.9m 36 24 8 0.1 9
1.9m-2m 39 21 4 0.1 11.1
2m-2.25m 41 26 8 0.1 9.5
2.25m-2.5m 63 20 6 0.1 18.9
2.5m-2.75m 32 22 5 0.1 8.7
2.75m-3m 61 16 5 0 22.9
3m-3.5m 66 23 9 0.1 17.2
3.5m-4m 53 21 9 0.1 15.1
4m-4.5m 33 13 3 0.1 15.2
4.5m-5m 32 14 3 0.1 13.7
5.01m-6m 65 17 5 0 22.9
6.01m-7m 48 9 4 0 32
7.01m-8m 37 11 4 0 20.2
8.01m-9m 24 8 3 0.1 18
9.01m-10m 27 7 4 0 23.1
10.01m-11m 13 2 1 0 39
11.01m-12m 19 5 0 22.8
12.01m-13m 16 1 0 96
13.01m-14m 10 1 0 60
14.01m-15m 13 0
15.01m-16m 12 0
16.01m-17m 4 2 0.1 12
17.01m-18m 4 0
18.01m-19m 4 0
19.01m-20m 6 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 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 4 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 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
201k-225k 1 0
276k-300k 3 4 0.2 4.5
301k-325k 1 0.2 0
326k-350k 1 5 0.8 1.2
351k-375k 7 10 1 0.2 4.2
376k-400k 4 7 3 0.3 3.4
401k-425k 13 6 1 0.1 13
426k-450k 12 10 2 0.1 7.2
451k-475k 14 7 0.1 12
476k-500k 18 11 2 0.1 9.8
501k-550k 14 12 5 0.1 7
551k-600k 9 6 3 0.1 9
601k-650k 3 2 1 0.1 9
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

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 8 3 1.3 0.8
126k-150k 8 3 0.1 16
151k-175k 17 9 1 0.1 11.3
176k-200k 27 35 6 0.2 4.6
201k-225k 34 41 2 0.2 5
226k-250k 59 44 9 0.1 8
251k-275k 76 61 8 0.1 7.5
276k-300k 138 89 21 0.1 9.3
301k-325k 87 71 8 0.1 7.4
326k-350k 154 84 26 0.1 11
351k-375k 111 54 8 0.1 12.3
376k-400k 123 59 14 0.1 12.5
401k-425k 93 55 12 0.1 10.1
426k-450k 95 38 7 0.1 15
451k-475k 54 34 7 0.1 9.5
476k-500k 95 34 10 0.1 16.8
501k-550k 135 38 11 0 21.3
551k-600k 103 50 13 0.1 12.4
601k-650k 82 41 13 0.1 12
651k-700k 72 26 5 0.1 16.6
701k-750k 46 26 5 0.1 10.6
751k-800k 56 19 4 0.1 17.7
801k-850k 45 13 2 0 20.8
851k-900k 60 24 2 0.1 15
901k-950k 30 23 5 0.1 7.8
951k-1m 42 9 1 0 28
1m-1.1m 40 17 0.1 14.1
1.1m-1.2m 50 18 4 0.1 16.7
1.2m-1.3m 42 22 6 0.1 11.5
1.3m-1.4m 44 10 4 0 26.4
1.4m-1.5m 31 8 2 0 23.3
1.5m-1.6m 21 10 1 0.1 12.6
1.6m-1.7m 19 9 2 0.1 12.7
1.7m-1.8m 30 3 2 0 60
1.8m-1.9m 26 8 2 0.1 19.5
1.9m-2m 25 10 0.1 15
2m-2.25m 32 11 6 0.1 17.5
2.25m-2.5m 48 8 3 0 36
2.5m-2.75m 39 9 3 0 26
2.75m-3m 30 5 2 0 36
3m-3.5m 40 7 1 0 34.3
3.5m-4m 26 10 1 0.1 15.6
4m-4.5m 16 3 0 32
4.5m-5m 12 4 2 0.1 18
5.01m-6m 14 6 1 0.1 14
6.01m-7m 17 7 3 0.1 14.6
7.01m-8m 9 1 1 0 54
8.01m-9m 5 0
9.01m-10m 4 1 0 24
10.01m-11m 4 1 1 0 24
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 8 6 1 0.1 8
26k-50k 26 17 3 0.1 9.2
51k-75k 60 21 2 0.1 17.1
76k-100k 65 22 5 0.1 17.7
101k-125k 51 25 4 0.1 12.2
126k-150k 67 31 5 0.1 13
151k-175k 30 16 1 0.1 11.3
176k-200k 47 8 2 0 35.3
201k-225k 23 5 1 0 27.6
226k-250k 39 7 0 33.4
251k-275k 17 1 0 102
276k-300k 39 6 1 0 39
301k-325k 15 3 0 30
326k-350k 16 4 0 24
351k-375k 7 4 3 0.1 10.5
376k-400k 17 5 2 0 20.4
401k-425k 2 5 1 0.4 2.4
426k-450k 12 2 1 0 36
451k-475k 6 3 0.1 12
476k-500k 21 2 0 63
501k-550k 10 5 2 0.1 12
551k-600k 11 1 0 66
601k-650k 4 2 0.1 12
651k-700k 11 2 2 0 33
701k-750k 10 0
751k-800k 16 2 2 0 48
801k-850k 4 2 2 0.1 12
851k-900k 3 0
901k-950k 7 0
951k-1m 4 1 1 0 24
1m-1.1m 9 1 1 0 54
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 6 3 2 0.1 12
1.3m-1.4m 3 0
1.4m-1.5m 7 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 1 0 24
2m-2.25m 5 1 0 30
2.25m-2.5m 7 0
2.5m-2.75m 7 1 0 42
2.75m-3m 11 1 1 0 66
3m-3.5m 13 1 0 78
3.5m-4m 7 2 1 0 21
4m-4.5m 3 0
4.5m-5m 10 2 1 0 30
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