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 1 1 0.2 6
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 9 16 3 0.3 3.4
351k-375k 9 17 4 0.3 3.2
376k-400k 20 32 4 0.3 3.8
401k-425k 18 40 4 0.4 2.7
426k-450k 33 49 7 0.2 4
451k-475k 35 53 11 0.3 4
476k-500k 64 92 19 0.2 4.2
501k-550k 124 152 24 0.2 4.9
551k-600k 146 138 14 0.2 6.3
601k-650k 126 105 14 0.1 7.2
651k-700k 167 107 23 0.1 9.4
701k-750k 108 100 21 0.2 6.5
751k-800k 133 75 20 0.1 10.6
801k-850k 95 66 9 0.1 8.6
851k-900k 92 62 9 0.1 8.9
901k-950k 64 36 8 0.1 10.7
951k-1m 88 48 8 0.1 11
1m-1.1m 84 58 8 0.1 8.7
1.1m-1.2m 113 61 9 0.1 11.1
1.2m-1.3m 76 36 12 0.1 12.7
1.3m-1.4m 57 30 8 0.1 11.4
1.4m-1.5m 59 27 6 0.1 13.1
1.5m-1.6m 44 28 9 0.1 9.4
1.6m-1.7m 36 17 7 0.1 12.7
1.7m-1.8m 44 23 6 0.1 11.5
1.8m-1.9m 37 22 6 0.1 10.1
1.9m-2m 39 22 5 0.1 10.6
2m-2.25m 43 27 7 0.1 9.6
2.25m-2.5m 58 16 3 0 21.8
2.5m-2.75m 30 23 5 0.1 7.8
2.75m-3m 52 15 6 0 20.8
3m-3.5m 68 22 7 0.1 18.5
3.5m-4m 50 19 8 0.1 15.8
4m-4.5m 35 12 2 0.1 17.5
4.5m-5m 33 12 2 0.1 16.5
5.01m-6m 60 17 5 0 21.2
6.01m-7m 45 8 3 0 33.8
7.01m-8m 39 7 2 0 33.4
8.01m-9m 25 8 2 0.1 18.8
9.01m-10m 29 5 2 0 34.8
10.01m-11m 13 4 1 0.1 19.5
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 9 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 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 0.2 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0

Townhouses 18% 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 4 9 1 0.4 2.7
376k-400k 8 6 2 0.1 8
401k-425k 8 6 1 0.1 8
426k-450k 11 9 1 0.1 7.3
451k-475k 17 7 0.1 14.6
476k-500k 15 11 3 0.1 8.2
501k-550k 16 11 5 0.1 8.7
551k-600k 10 6 2 0.1 10
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 18 8 0.1 13.5
176k-200k 26 32 4 0.2 4.9
201k-225k 37 42 3 0.2 5.3
226k-250k 52 40 10 0.1 7.8
251k-275k 74 61 8 0.1 7.3
276k-300k 130 89 18 0.1 8.8
301k-325k 83 75 15 0.2 6.6
326k-350k 139 75 16 0.1 11.1
351k-375k 106 56 12 0.1 11.4
376k-400k 113 59 12 0.1 11.5
401k-425k 82 56 12 0.1 8.8
426k-450k 94 42 10 0.1 13.4
451k-475k 54 36 9 0.1 9
476k-500k 91 33 5 0.1 16.5
501k-550k 122 38 7 0.1 19.3
551k-600k 93 50 10 0.1 11.2
601k-650k 73 37 15 0.1 11.8
651k-700k 66 30 10 0.1 13.2
701k-750k 42 24 2 0.1 10.5
751k-800k 55 19 3 0.1 17.4
801k-850k 42 11 1 0 22.9
851k-900k 54 24 3 0.1 13.5
901k-950k 27 21 5 0.1 7.7
951k-1m 43 13 2 0.1 19.8
1m-1.1m 34 20 3 0.1 10.2
1.1m-1.2m 51 18 4 0.1 17
1.2m-1.3m 40 19 6 0.1 12.6
1.3m-1.4m 40 8 2 0 30
1.4m-1.5m 30 7 1 0 25.7
1.5m-1.6m 21 10 1 0.1 12.6
1.6m-1.7m 19 8 1 0.1 14.3
1.7m-1.8m 25 3 2 0 50
1.8m-1.9m 26 8 1 0.1 19.5
1.9m-2m 23 10 1 0.1 13.8
2m-2.25m 32 10 5 0.1 19.2
2.25m-2.5m 45 7 2 0 38.6
2.5m-2.75m 35 6 1 0 35
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 13 4 2 0.1 19.5
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 61 23 3 0.1 15.9
76k-100k 59 24 7 0.1 14.8
101k-125k 49 24 7 0.1 12.3
126k-150k 66 33 6 0.1 12
151k-175k 27 18 5 0.1 9
176k-200k 44 10 3 0 26.4
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 15 3 0 30
326k-350k 16 4 1 0 24
351k-375k 6 3 3 0.1 12
376k-400k 17 6 1 0.1 17
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 11 1 0 66
601k-650k 3 2 0.1 9
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
1.8m-1.9m 3 0
1.9m-2m 4 1 1 0 24
2m-2.25m 4 1 0 24
2.25m-2.5m 7 0
2.5m-2.75m 7 1 0 42
2.75m-3m 10 0
3m-3.5m 14 1 0 84
3.5m-4m 7 2 2 0 21
4m-4.5m 4 0
4.5m-5m 10 2 0 30
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
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