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 15% 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 1 0.2 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 4 2 0.1 12
276k-300k 4 1 0 24
301k-325k 3 5 0.3 3.6
326k-350k 8 13 3 0.3 3.7
351k-375k 8 18 2 0.4 2.7
376k-400k 22 27 5 0.2 4.9
401k-425k 18 36 4 0.3 3
426k-450k 40 57 12 0.2 4.2
451k-475k 32 59 9 0.3 3.3
476k-500k 62 84 10 0.2 4.4
501k-550k 122 142 11 0.2 5.2
551k-600k 152 130 17 0.1 7
601k-650k 142 111 22 0.1 7.7
651k-700k 169 96 23 0.1 10.6
701k-750k 110 110 17 0.2 6
751k-800k 122 80 25 0.1 9.2
801k-850k 113 65 6 0.1 10.4
851k-900k 92 61 10 0.1 9
901k-950k 62 36 4 0.1 10.3
951k-1m 92 44 7 0.1 12.5
1m-1.1m 90 53 9 0.1 10.2
1.1m-1.2m 100 61 17 0.1 9.8
1.2m-1.3m 82 42 12 0.1 11.7
1.3m-1.4m 61 33 7 0.1 11.1
1.4m-1.5m 65 27 7 0.1 14.4
1.5m-1.6m 45 29 6 0.1 9.3
1.6m-1.7m 46 18 6 0.1 15.3
1.7m-1.8m 48 21 7 0.1 13.7
1.8m-1.9m 39 21 5 0.1 11.1
1.9m-2m 34 21 4 0.1 9.7
2m-2.25m 42 29 10 0.1 8.7
2.25m-2.5m 62 21 4 0.1 17.7
2.5m-2.75m 31 23 6 0.1 8.1
2.75m-3m 62 15 4 0 24.8
3m-3.5m 68 24 8 0.1 17
3.5m-4m 56 23 9 0.1 14.6
4m-4.5m 35 15 3 0.1 14
4.5m-5m 34 13 2 0.1 15.7
5.01m-6m 67 19 6 0 21.2
6.01m-7m 49 9 4 0 32.7
7.01m-8m 36 12 5 0.1 18
8.01m-9m 26 8 2 0.1 19.5
9.01m-10m 26 6 4 0 26
10.01m-11m 14 3 2 0 28
11.01m-12m 19 4 0 28.5
12.01m-13m 16 1 0 96
13.01m-14m 12 1 0 72
14.01m-15m 14 0
15.01m-16m 11 0
16.01m-17m 5 2 0.1 15
17.01m-18m 3 1 1 0.1 18
18.01m-19m 4 0
19.01m-20m 7 0
20.01m-21m 3 0
21.01m-22m 5 0
23.01m-24m 3 0
25.01m-26m 4 0
26.01m-27m 2 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 1 0.2 6
49.01m-50m 1 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0

Townhouses 15% 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
251k-275k 1 0.2 0
276k-300k 3 3 0.2 6
301k-325k 1 0.2 0
326k-350k 1 5 0.8 1.2
351k-375k 7 11 1 0.3 3.8
376k-400k 6 5 3 0.1 7.2
401k-425k 12 7 1 0.1 10.3
426k-450k 14 10 1 0.1 8.4
451k-475k 15 7 0.1 12.9
476k-500k 17 12 3 0.1 8.5
501k-550k 12 12 4 0.2 6
551k-600k 8 6 2 0.1 8
601k-650k 4 2 0.1 12
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
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0

Condos 10% 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 6 2 1 1
126k-150k 9 3 0.1 18
151k-175k 15 10 2 0.1 9
176k-200k 29 34 7 0.2 5.1
201k-225k 35 41 3 0.2 5.1
226k-250k 59 42 9 0.1 8.4
251k-275k 83 58 6 0.1 8.6
276k-300k 138 89 16 0.1 9.3
301k-325k 89 72 5 0.1 7.4
326k-350k 160 81 18 0.1 11.9
351k-375k 120 53 4 0.1 13.6
376k-400k 129 62 14 0.1 12.5
401k-425k 93 50 9 0.1 11.2
426k-450k 101 37 9 0.1 16.4
451k-475k 58 31 6 0.1 11.2
476k-500k 95 36 13 0.1 15.8
501k-550k 137 37 10 0 22.2
551k-600k 103 53 10 0.1 11.7
601k-650k 84 38 8 0.1 13.3
651k-700k 71 28 5 0.1 15.2
701k-750k 48 24 5 0.1 12
751k-800k 56 21 7 0.1 16
801k-850k 40 13 2 0.1 18.5
851k-900k 59 25 3 0.1 14.2
901k-950k 31 21 5 0.1 8.9
951k-1m 42 10 1 0 25.2
1m-1.1m 44 16 2 0.1 16.5
1.1m-1.2m 51 18 3 0.1 17
1.2m-1.3m 45 22 5 0.1 12.3
1.3m-1.4m 45 9 4 0 30
1.4m-1.5m 33 8 3 0 24.8
1.5m-1.6m 22 10 2 0.1 13.2
1.6m-1.7m 22 8 1 0.1 16.5
1.7m-1.8m 31 4 2 0 46.5
1.8m-1.9m 28 7 2 0 24
1.9m-2m 25 11 1 0.1 13.6
2m-2.25m 36 10 5 0 21.6
2.25m-2.5m 50 7 3 0 42.9
2.5m-2.75m 39 8 2 0 29.3
2.75m-3m 30 7 3 0 25.7
3m-3.5m 41 8 2 0 30.8
3.5m-4m 26 9 1 0.1 17.3
4m-4.5m 18 3 0 36
4.5m-5m 13 4 2 0.1 19.5
5.01m-6m 13 6 1 0.1 13
6.01m-7m 16 8 2 0.1 12
7.01m-8m 9 1 1 0 54
8.01m-9m 5 1 1 0 30
9.01m-10m 4 1 0 24
10.01m-11m 4 2 2 0.1 12
11.01m-12m 1 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 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 7 6 1 0.1 7
26k-50k 26 17 3 0.1 9.2
51k-75k 60 20 2 0.1 18
76k-100k 64 21 5 0.1 18.3
101k-125k 52 25 2 0.1 12.5
126k-150k 65 30 4 0.1 13
151k-175k 29 14 2 0.1 12.4
176k-200k 47 8 1 0 35.3
201k-225k 25 6 2 0 25
226k-250k 37 5 0 44.4
251k-275k 17 1 0 102
276k-300k 38 8 3 0 28.5
301k-325k 14 3 0 28
326k-350k 18 5 0 21.6
351k-375k 8 4 0.1 12
376k-400k 17 5 2 0 20.4
401k-425k 1 4 0.7 1.5
426k-450k 11 2 1 0 33
451k-475k 6 3 0.1 12
476k-500k 20 3 1 0 40
501k-550k 10 5 2 0.1 12
551k-600k 9 1 0 54
601k-650k 4 2 0.1 12
651k-700k 12 1 1 0 72
701k-750k 9 0
751k-800k 18 2 2 0 54
801k-850k 4 2 1 0.1 12
851k-900k 3 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 10 3 2 0.1 20
1.3m-1.4m 2 0
1.4m-1.5m 7 0
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 3 0
1.8m-1.9m 3 0
1.9m-2m 4 1 0 24
2m-2.25m 6 1 0 36
2.25m-2.5m 7 0
2.5m-2.75m 7 1 0 42
2.75m-3m 10 1 1 0 60
3m-3.5m 12 1 0 72
3.5m-4m 6 3 1 0.1 12
4m-4.5m 4 0
4.5m-5m 10 1 0 60
5.01m-6m 5 0
6.01m-7m 4 0
7.01m-8m 9 0
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 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