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 3 0.4 2.8
351k-375k 9 18 4 0.3 3
376k-400k 21 33 4 0.3 3.8
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 64 95 21 0.2 4
501k-550k 125 155 25 0.2 4.8
551k-600k 148 140 16 0.2 6.3
601k-650k 128 105 13 0.1 7.3
651k-700k 166 112 27 0.1 8.9
701k-750k 110 99 21 0.2 6.7
751k-800k 136 75 18 0.1 10.9
801k-850k 97 68 9 0.1 8.6
851k-900k 91 63 9 0.1 8.7
901k-950k 62 37 8 0.1 10.1
951k-1m 88 49 11 0.1 10.8
1m-1.1m 85 59 10 0.1 8.6
1.1m-1.2m 113 63 10 0.1 10.8
1.2m-1.3m 75 36 12 0.1 12.5
1.3m-1.4m 59 31 8 0.1 11.4
1.4m-1.5m 58 28 6 0.1 12.4
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 39 22 6 0.1 10.6
2m-2.25m 44 26 6 0.1 10.2
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 16 6 0.1 18.8
3m-3.5m 68 22 7 0.1 18.5
3.5m-4m 49 18 7 0.1 16.3
4m-4.5m 36 12 3 0.1 18
4.5m-5m 33 12 2 0.1 16.5
5.01m-6m 60 17 6 0 21.2
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 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 2 0.1 7.3
451k-475k 17 8 0.1 12.8
476k-500k 15 11 3 0.1 8.2
501k-550k 17 11 4 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 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 27 31 2 0.2 5.2
201k-225k 37 43 6 0.2 5.2
226k-250k 52 39 9 0.1 8
251k-275k 74 63 9 0.1 7
276k-300k 131 91 19 0.1 8.6
301k-325k 83 74 15 0.1 6.7
326k-350k 139 75 15 0.1 11.1
351k-375k 103 57 12 0.1 10.8
376k-400k 116 60 13 0.1 11.6
401k-425k 87 57 14 0.1 9.2
426k-450k 92 45 11 0.1 12.3
451k-475k 51 38 9 0.1 8.1
476k-500k 92 33 5 0.1 16.7
501k-550k 122 43 7 0.1 17
551k-600k 93 51 10 0.1 10.9
601k-650k 75 36 13 0.1 12.5
651k-700k 68 29 10 0.1 14.1
701k-750k 43 28 2 0.1 9.2
751k-800k 54 19 3 0.1 17.1
801k-850k 43 11 1 0 23.5
851k-900k 54 24 3 0.1 13.5
901k-950k 28 21 6 0.1 8
951k-1m 44 11 2 0 24
1m-1.1m 34 21 3 0.1 9.7
1.1m-1.2m 53 18 4 0.1 17.7
1.2m-1.3m 40 19 6 0.1 12.6
1.3m-1.4m 40 8 2 0 30
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 8 1 0.1 18.8
1.9m-2m 23 10 1 0.1 13.8
2m-2.25m 30 10 5 0.1 18
2.25m-2.5m 43 7 2 0 36.9
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 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 23 4 0.1 15.7
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 11 3 0 24
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 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 11 1 0 66
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