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
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 16 5 0.4 2.6
351k-375k 10 17 3 0.3 3.5
376k-400k 19 33 8 0.3 3.5
401k-425k 16 41 5 0.4 2.3
426k-450k 33 53 6 0.3 3.7
451k-475k 37 54 10 0.2 4.1
476k-500k 64 92 17 0.2 4.2
501k-550k 122 165 27 0.2 4.4
551k-600k 140 148 19 0.2 5.7
601k-650k 128 104 17 0.1 7.4
651k-700k 166 107 22 0.1 9.3
701k-750k 110 102 20 0.2 6.5
751k-800k 135 74 15 0.1 10.9
801k-850k 91 71 9 0.1 7.7
851k-900k 90 63 9 0.1 8.6
901k-950k 59 37 6 0.1 9.6
951k-1m 80 50 11 0.1 9.6
1m-1.1m 80 63 16 0.1 7.6
1.1m-1.2m 111 64 13 0.1 10.4
1.2m-1.3m 70 35 13 0.1 12
1.3m-1.4m 57 32 7 0.1 10.7
1.4m-1.5m 57 31 6 0.1 11
1.5m-1.6m 43 25 6 0.1 10.3
1.6m-1.7m 42 12 2 0 21
1.7m-1.8m 46 23 7 0.1 12
1.8m-1.9m 40 22 4 0.1 10.9
1.9m-2m 38 23 6 0.1 9.9
2m-2.25m 45 28 7 0.1 9.6
2.25m-2.5m 55 18 4 0.1 18.3
2.5m-2.75m 33 22 5 0.1 9
2.75m-3m 48 14 3 0 20.6
3m-3.5m 65 24 7 0.1 16.3
3.5m-4m 44 19 8 0.1 13.9
4m-4.5m 34 13 5 0.1 15.7
4.5m-5m 30 12 2 0.1 15
5.01m-6m 60 21 6 0.1 17.1
6.01m-7m 44 7 3 0 37.7
7.01m-8m 37 6 1 0 37
8.01m-9m 24 8 4 0.1 18
9.01m-10m 29 5 3 0 34.8
10.01m-11m 10 3 0.1 20
11.01m-12m 14 5 1 0.1 16.8
12.01m-13m 13 1 0 78
13.01m-14m 12 2 1 0 36
14.01m-15m 14 0
15.01m-16m 8 1 0 48
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 3 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 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 2 4 1 0.3 3
301k-325k 1 1 0.2 6
326k-350k 1 5 0.8 1.2
351k-375k 3 9 1 0.5 2
376k-400k 8 7 2 0.1 6.9
401k-425k 7 6 1 0.1 7
426k-450k 14 9 1 0.1 9.3
451k-475k 17 9 0.1 11.3
476k-500k 15 11 3 0.1 8.2
501k-550k 17 11 3 0.1 9.3
551k-600k 11 6 1 0.1 11
601k-650k 2 2 1 0.2 6
651k-700k 2 1 0.1 12
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 4 0.7 1.5
126k-150k 5 5 2 0.2 6
151k-175k 17 8 1 0.1 12.8
176k-200k 25 31 4 0.2 4.8
201k-225k 39 46 6 0.2 5.1
226k-250k 53 37 6 0.1 8.6
251k-275k 65 67 12 0.2 5.8
276k-300k 128 87 21 0.1 8.8
301k-325k 83 78 15 0.2 6.4
326k-350k 135 79 15 0.1 10.3
351k-375k 100 58 8 0.1 10.3
376k-400k 114 63 13 0.1 10.9
401k-425k 87 57 14 0.1 9.2
426k-450k 89 42 11 0.1 12.7
451k-475k 57 31 2 0.1 11
476k-500k 90 36 8 0.1 15
501k-550k 117 44 9 0.1 16
551k-600k 93 51 8 0.1 10.9
601k-650k 71 36 9 0.1 11.8
651k-700k 64 26 8 0.1 14.8
701k-750k 42 30 4 0.1 8.4
751k-800k 50 19 4 0.1 15.8
801k-850k 40 12 2 0.1 20
851k-900k 54 23 4 0.1 14.1
901k-950k 28 21 5 0.1 8
951k-1m 44 13 5 0 20.3
1m-1.1m 34 20 3 0.1 10.2
1.1m-1.2m 52 17 6 0.1 18.4
1.2m-1.3m 42 19 5 0.1 13.3
1.3m-1.4m 39 9 1 0 26
1.4m-1.5m 29 7 4 0 24.9
1.5m-1.6m 19 9 0.1 12.7
1.6m-1.7m 16 7 0.1 13.7
1.7m-1.8m 26 4 2 0 39
1.8m-1.9m 20 9 2 0.1 13.3
1.9m-2m 22 10 1 0.1 13.2
2m-2.25m 33 7 1 0 28.3
2.25m-2.5m 43 6 0 43
2.5m-2.75m 30 6 1 0 30
2.75m-3m 27 9 3 0.1 18
3m-3.5m 39 6 1 0 39
3.5m-4m 27 10 1 0.1 16.2
4m-4.5m 15 2 1 0 45
4.5m-5m 13 3 2 0 26
5.01m-6m 9 7 0.1 7.7
6.01m-7m 14 5 2 0.1 16.8
7.01m-8m 8 2 2 0 24
8.01m-9m 5 0
9.01m-10m 3 1 0.1 18
10.01m-11m 4 2 1 0.1 12
11.01m-12m 3 0
12.01m-13m 2 0
14.01m-15m 1 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 11 6 1 0.1 11
26k-50k 29 14 4 0.1 12.4
51k-75k 58 24 2 0.1 14.5
76k-100k 65 21 6 0.1 18.6
101k-125k 47 25 10 0.1 11.3
126k-150k 67 33 6 0.1 12.2
151k-175k 28 19 2 0.1 8.8
176k-200k 43 12 2 0 21.5
201k-225k 21 5 1 0 25.2
226k-250k 40 6 0 40
251k-275k 13 1 0 78
276k-300k 39 5 1 0 46.8
301k-325k 15 2 0 45
326k-350k 13 5 2 0.1 15.6
351k-375k 5 2 2 0.1 15
376k-400k 19 6 1 0.1 19
401k-425k 3 3 1 0.2 6
426k-450k 12 3 2 0 24
451k-475k 7 4 0.1 10.5
476k-500k 19 4 1 0 28.5
501k-550k 10 3 0.1 20
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 5 1 1 0 30
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 10 1 0 60
1.1m-1.2m 2 2 0.2 6
1.2m-1.3m 5 2 0.1 15
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 0
2m-2.25m 4 1 0 24
2.25m-2.5m 7 1 1 0 42
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 8 3 1 0.1 16
5.01m-6m 6 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
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