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 16 4 0.3 3
351k-375k 9 17 3 0.3 3.2
376k-400k 21 31 3 0.2 4.1
401k-425k 18 41 5 0.4 2.6
426k-450k 31 51 7 0.3 3.6
451k-475k 39 54 8 0.2 4.3
476k-500k 62 95 19 0.3 3.9
501k-550k 122 161 27 0.2 4.5
551k-600k 145 145 15 0.2 6
601k-650k 130 104 15 0.1 7.5
651k-700k 166 111 27 0.1 9
701k-750k 112 100 19 0.1 6.7
751k-800k 136 75 18 0.1 10.9
801k-850k 93 71 10 0.1 7.9
851k-900k 92 64 10 0.1 8.6
901k-950k 61 37 7 0.1 9.9
951k-1m 88 48 11 0.1 11
1m-1.1m 83 62 12 0.1 8
1.1m-1.2m 112 64 11 0.1 10.5
1.2m-1.3m 73 36 15 0.1 12.2
1.3m-1.4m 61 30 6 0.1 12.2
1.4m-1.5m 58 29 6 0.1 12
1.5m-1.6m 49 25 6 0.1 11.8
1.6m-1.7m 38 15 5 0.1 15.2
1.7m-1.8m 47 23 7 0.1 12.3
1.8m-1.9m 37 24 7 0.1 9.3
1.9m-2m 39 22 6 0.1 10.6
2m-2.25m 45 27 5 0.1 10
2.25m-2.5m 59 17 4 0 20.8
2.5m-2.75m 30 23 6 0.1 7.8
2.75m-3m 49 16 5 0.1 18.4
3m-3.5m 66 22 6 0.1 18
3.5m-4m 44 18 7 0.1 14.7
4m-4.5m 35 12 5 0.1 17.5
4.5m-5m 32 12 2 0.1 16
5.01m-6m 60 19 6 0.1 18.9
6.01m-7m 44 8 4 0 33
7.01m-8m 40 6 1 0 40
8.01m-9m 25 8 4 0.1 18.8
9.01m-10m 28 5 3 0 33.6
10.01m-11m 9 4 1 0.1 13.5
11.01m-12m 15 5 1 0.1 18
12.01m-13m 15 1 0 90
13.01m-14m 10 2 1 0 30
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 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 3 8 1 0.4 2.3
376k-400k 8 7 2 0.1 6.9
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 17 11 3 0.1 9.3
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 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 5 1 0.8 1.2
126k-150k 7 5 2 0.1 8.4
151k-175k 16 8 0.1 12
176k-200k 27 31 3 0.2 5.2
201k-225k 37 46 6 0.2 4.8
226k-250k 52 38 8 0.1 8.2
251k-275k 72 65 11 0.2 6.6
276k-300k 125 88 19 0.1 8.5
301k-325k 87 74 14 0.1 7.1
326k-350k 137 79 17 0.1 10.4
351k-375k 100 58 10 0.1 10.3
376k-400k 113 65 14 0.1 10.4
401k-425k 88 56 13 0.1 9.4
426k-450k 92 43 9 0.1 12.8
451k-475k 55 33 4 0.1 10
476k-500k 89 36 8 0.1 14.8
501k-550k 119 44 8 0.1 16.2
551k-600k 91 51 9 0.1 10.7
601k-650k 75 35 11 0.1 12.9
651k-700k 63 28 9 0.1 13.5
701k-750k 44 28 2 0.1 9.4
751k-800k 53 18 4 0.1 17.7
801k-850k 41 11 1 0 22.4
851k-900k 55 24 5 0.1 13.8
901k-950k 28 21 5 0.1 8
951k-1m 45 12 4 0 22.5
1m-1.1m 33 21 3 0.1 9.4
1.1m-1.2m 52 17 5 0.1 18.4
1.2m-1.3m 42 19 6 0.1 13.3
1.3m-1.4m 39 9 1 0 26
1.4m-1.5m 29 6 0 29
1.5m-1.6m 20 10 1 0.1 12
1.6m-1.7m 16 7 0.1 13.7
1.7m-1.8m 27 4 2 0 40.5
1.8m-1.9m 22 9 2 0.1 14.7
1.9m-2m 22 10 1 0.1 13.2
2m-2.25m 32 9 3 0 21.3
2.25m-2.5m 42 6 0 42
2.5m-2.75m 33 6 1 0 33
2.75m-3m 27 9 4 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 0 45
4.5m-5m 13 3 2 0 26
5.01m-6m 10 7 0.1 8.6
6.01m-7m 16 5 2 0.1 19.2
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 2 0
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 11 6 1 0.1 11
26k-50k 27 15 3 0.1 10.8
51k-75k 59 24 4 0.1 14.8
76k-100k 61 22 6 0.1 16.6
101k-125k 51 24 9 0.1 12.8
126k-150k 67 32 5 0.1 12.6
151k-175k 27 19 3 0.1 8.5
176k-200k 44 13 3 0 20.3
201k-225k 22 5 1 0 26.4
226k-250k 37 6 0 37
251k-275k 15 1 0 90
276k-300k 41 5 1 0 49.2
301k-325k 16 2 0 48
326k-350k 14 5 1 0.1 16.8
351k-375k 5 3 3 0.1 10
376k-400k 19 6 1 0.1 19
401k-425k 2 4 2 0.3 3
426k-450k 12 3 2 0 24
451k-475k 7 4 0.1 10.5
476k-500k 20 4 1 0 30
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 1 0 54
701k-750k 9 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 10 1 0 60
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 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 1 0.2 0
19.01m-20m 2 0
24.01m-25m 1 0
31.01m-32m 1 0.2 0
62.01m-63m 1 0