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 8 16 5 0.3 3
351k-375k 9 17 3 0.3 3.2
376k-400k 20 33 8 0.3 3.6
401k-425k 15 41 6 0.5 2.2
426k-450k 33 53 6 0.3 3.7
451k-475k 37 54 10 0.2 4.1
476k-500k 62 93 18 0.3 4
501k-550k 123 163 27 0.2 4.5
551k-600k 137 146 18 0.2 5.6
601k-650k 129 105 17 0.1 7.4
651k-700k 165 109 25 0.1 9.1
701k-750k 110 104 21 0.2 6.3
751k-800k 134 74 16 0.1 10.9
801k-850k 91 73 11 0.1 7.5
851k-900k 88 65 11 0.1 8.1
901k-950k 60 36 6 0.1 10
951k-1m 83 50 11 0.1 10
1m-1.1m 81 61 15 0.1 8
1.1m-1.2m 111 65 12 0.1 10.2
1.2m-1.3m 72 38 16 0.1 11.4
1.3m-1.4m 57 31 6 0.1 11
1.4m-1.5m 57 29 6 0.1 11.8
1.5m-1.6m 46 25 6 0.1 11
1.6m-1.7m 42 12 2 0 21
1.7m-1.8m 46 23 7 0.1 12
1.8m-1.9m 39 23 5 0.1 10.2
1.9m-2m 39 23 6 0.1 10.2
2m-2.25m 45 27 6 0.1 10
2.25m-2.5m 57 17 4 0 20.1
2.5m-2.75m 32 22 5 0.1 8.7
2.75m-3m 50 15 4 0.1 20
3m-3.5m 66 21 5 0.1 18.9
3.5m-4m 45 18 7 0.1 15
4m-4.5m 34 12 5 0.1 17
4.5m-5m 32 12 2 0.1 16
5.01m-6m 59 20 6 0.1 17.7
6.01m-7m 44 7 3 0 37.7
7.01m-8m 38 6 1 0 38
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 14 1 0 84
13.01m-14m 11 2 1 0 33
14.01m-15m 14 0
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 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 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 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 7 8 3 0.2 5.3
401k-425k 7 6 1 0.1 7
426k-450k 14 9 1 0.1 9.3
451k-475k 17 8 0.1 12.8
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 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 4 0.7 1.5
126k-150k 5 5 2 0.2 6
151k-175k 17 8 0.1 12.8
176k-200k 25 31 4 0.2 4.8
201k-225k 39 46 6 0.2 5.1
226k-250k 54 36 6 0.1 9
251k-275k 65 67 13 0.2 5.8
276k-300k 127 88 20 0.1 8.7
301k-325k 86 77 15 0.1 6.7
326k-350k 134 79 15 0.1 10.2
351k-375k 101 57 8 0.1 10.6
376k-400k 112 63 13 0.1 10.7
401k-425k 87 58 15 0.1 9
426k-450k 90 43 11 0.1 12.6
451k-475k 57 31 2 0.1 11
476k-500k 89 36 9 0.1 14.8
501k-550k 118 44 9 0.1 16.1
551k-600k 92 51 8 0.1 10.8
601k-650k 71 36 9 0.1 11.8
651k-700k 64 26 7 0.1 14.8
701k-750k 44 30 4 0.1 8.8
751k-800k 52 18 4 0.1 17.3
801k-850k 40 11 1 0 21.8
851k-900k 55 24 5 0.1 13.8
901k-950k 28 21 4 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 5 0.1 18.4
1.2m-1.3m 44 19 5 0.1 13.9
1.3m-1.4m 39 9 1 0 26
1.4m-1.5m 29 6 3 0 29
1.5m-1.6m 20 9 0.1 13.3
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 23 10 1 0.1 13.8
2m-2.25m 33 7 1 0 28.3
2.25m-2.5m 42 6 0 42
2.5m-2.75m 30 6 1 0 30
2.75m-3m 27 9 3 0.1 18
3m-3.5m 38 7 2 0 32.6
3.5m-4m 28 10 1 0.1 16.8
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 15 5 2 0.1 18
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 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 11 6 1 0.1 11
26k-50k 28 15 5 0.1 11.2
51k-75k 59 23 3 0.1 15.4
76k-100k 64 21 5 0.1 18.3
101k-125k 48 24 9 0.1 12
126k-150k 67 32 5 0.1 12.6
151k-175k 29 18 2 0.1 9.7
176k-200k 44 13 3 0 20.3
201k-225k 21 4 0 31.5
226k-250k 39 6 0 39
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 3 3 0.1 10
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 6 2 0.1 18
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