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 8 17 4 0.4 2.8
351k-375k 9 18 4 0.3 3
376k-400k 20 33 4 0.3 3.6
401k-425k 19 39 4 0.3 2.9
426k-450k 33 50 7 0.3 4
451k-475k 37 53 9 0.2 4.2
476k-500k 62 97 21 0.3 3.8
501k-550k 124 159 27 0.2 4.7
551k-600k 147 144 16 0.2 6.1
601k-650k 128 106 15 0.1 7.2
651k-700k 167 112 28 0.1 8.9
701k-750k 110 99 21 0.2 6.7
751k-800k 136 75 19 0.1 10.9
801k-850k 96 68 9 0.1 8.5
851k-900k 90 64 10 0.1 8.4
901k-950k 62 39 8 0.1 9.5
951k-1m 88 50 13 0.1 10.6
1m-1.1m 85 61 10 0.1 8.4
1.1m-1.2m 112 63 10 0.1 10.7
1.2m-1.3m 76 37 13 0.1 12.3
1.3m-1.4m 59 31 8 0.1 11.4
1.4m-1.5m 59 28 5 0.1 12.6
1.5m-1.6m 47 28 8 0.1 10.1
1.6m-1.7m 37 16 6 0.1 13.9
1.7m-1.8m 46 23 7 0.1 12
1.8m-1.9m 37 22 6 0.1 10.1
1.9m-2m 40 22 6 0.1 10.9
2m-2.25m 43 27 6 0.1 9.6
2.25m-2.5m 60 17 3 0 21.2
2.5m-2.75m 30 23 6 0.1 7.8
2.75m-3m 50 15 5 0.1 20
3m-3.5m 69 23 7 0.1 18
3.5m-4m 49 18 7 0.1 16.3
4m-4.5m 36 12 3 0.1 18
4.5m-5m 32 12 2 0.1 16
5.01m-6m 61 17 6 0 21.5
6.01m-7m 45 8 4 0 33.8
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 16 5 1 0.1 19.2
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 18 10 3 0.1 10.8
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 12% 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 17 8 0.1 12.8
176k-200k 26 31 3 0.2 5
201k-225k 37 46 6 0.2 4.8
226k-250k 52 39 10 0.1 8
251k-275k 73 64 9 0.1 6.8
276k-300k 129 91 21 0.1 8.5
301k-325k 83 74 15 0.1 6.7
326k-350k 138 77 15 0.1 10.8
351k-375k 104 56 11 0.1 11.1
376k-400k 115 62 15 0.1 11.1
401k-425k 89 55 13 0.1 9.7
426k-450k 92 45 12 0.1 12.3
451k-475k 53 36 7 0.1 8.8
476k-500k 91 34 6 0.1 16.1
501k-550k 122 44 7 0.1 16.6
551k-600k 92 51 10 0.1 10.8
601k-650k 77 36 12 0.1 12.8
651k-700k 69 28 9 0.1 14.8
701k-750k 43 28 2 0.1 9.2
751k-800k 54 19 3 0.1 17.1
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 8 2 0 28.5
1.4m-1.5m 29 7 1 0 24.9
1.5m-1.6m 21 10 1 0.1 12.6
1.6m-1.7m 17 8 1 0.1 12.8
1.7m-1.8m 26 4 2 0 39
1.8m-1.9m 25 9 1 0.1 16.7
1.9m-2m 23 10 1 0.1 13.8
2m-2.25m 31 10 4 0.1 18.6
2.25m-2.5m 43 8 2 0 32.3
2.5m-2.75m 33 6 1 0 33
2.75m-3m 26 8 4 0.1 19.5
3m-3.5m 38 7 2 0 32.6
3.5m-4m 28 10 0.1 16.8
4m-4.5m 14 2 0 42
4.5m-5m 14 4 3 0 21
5.01m-6m 10 8 1 0.1 7.5
6.01m-7m 15 6 3 0.1 15
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 8% 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 60 24 4 0.1 15
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 27 20 5 0.1 8.1
176k-200k 44 12 3 0 22
201k-225k 22 6 2 0 22
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 6 3 3 0.1 12
376k-400k 18 6 1 0.1 18
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 2 1 0 27
701k-750k 8 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