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 14% 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 5 1 0 30
301k-325k 2 5 0.4 2.4
326k-350k 10 13 4 0.2 4.6
351k-375k 8 17 1 0.4 2.8
376k-400k 21 23 5 0.2 5.5
401k-425k 17 37 4 0.4 2.8
426k-450k 39 56 9 0.2 4.2
451k-475k 32 60 8 0.3 3.2
476k-500k 63 79 7 0.2 4.8
501k-550k 129 129 13 0.2 6
551k-600k 156 126 14 0.1 7.4
601k-650k 140 110 18 0.1 7.6
651k-700k 170 98 18 0.1 10.4
701k-750k 114 109 15 0.2 6.3
751k-800k 119 73 18 0.1 9.8
801k-850k 111 66 5 0.1 10.1
851k-900k 94 59 8 0.1 9.6
901k-950k 57 35 4 0.1 9.8
951k-1m 98 44 6 0.1 13.4
1m-1.1m 90 50 7 0.1 10.8
1.1m-1.2m 105 62 16 0.1 10.2
1.2m-1.3m 85 40 8 0.1 12.8
1.3m-1.4m 60 35 6 0.1 10.3
1.4m-1.5m 65 28 7 0.1 13.9
1.5m-1.6m 39 28 7 0.1 8.4
1.6m-1.7m 53 17 3 0.1 18.7
1.7m-1.8m 46 25 8 0.1 11
1.8m-1.9m 35 24 5 0.1 8.8
1.9m-2m 33 19 3 0.1 10.4
2m-2.25m 43 26 7 0.1 9.9
2.25m-2.5m 63 22 5 0.1 17.2
2.5m-2.75m 33 20 2 0.1 9.9
2.75m-3m 61 15 3 0 24.4
3m-3.5m 71 25 8 0.1 17
3.5m-4m 58 24 9 0.1 14.5
4m-4.5m 33 14 3 0.1 14.1
4.5m-5m 36 14 2 0.1 15.4
5.01m-6m 69 19 6 0 21.8
6.01m-7m 51 10 6 0 30.6
7.01m-8m 38 9 3 0 25.3
8.01m-9m 26 8 2 0.1 19.5
9.01m-10m 27 6 4 0 27
10.01m-11m 15 3 1 0 30
11.01m-12m 19 4 0 28.5
12.01m-13m 16 1 0 96
13.01m-14m 13 1 0 78
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 8 0
20.01m-21m 3 0
21.01m-22m 3 1 1 0.1 18
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 13% 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 4 0.7 1.5
351k-375k 8 10 0.2 4.8
376k-400k 7 4 1 0.1 10.5
401k-425k 12 6 1 0.1 12
426k-450k 12 10 0.1 7.2
451k-475k 15 8 2 0.1 11.3
476k-500k 18 13 3 0.1 8.3
501k-550k 9 11 2 0.2 4.9
551k-600k 10 6 1 0.1 10
601k-650k 4 1 0 24
651k-700k 1 1 0.2 6
701k-750k 3 0
751k-800k 1 1 0.2 6
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 10 3 0.1 20
151k-175k 15 8 2 0.1 11.3
176k-200k 27 37 9 0.2 4.4
201k-225k 35 42 6 0.2 5
226k-250k 57 44 8 0.1 7.8
251k-275k 82 66 10 0.1 7.5
276k-300k 140 81 13 0.1 10.4
301k-325k 88 70 3 0.1 7.5
326k-350k 162 81 18 0.1 12
351k-375k 123 54 4 0.1 13.7
376k-400k 124 65 12 0.1 11.4
401k-425k 95 47 5 0.1 12.1
426k-450k 100 37 7 0.1 16.2
451k-475k 57 31 4 0.1 11
476k-500k 95 31 7 0.1 18.4
501k-550k 135 40 13 0 20.3
551k-600k 103 53 9 0.1 11.7
601k-650k 86 35 7 0.1 14.7
651k-700k 74 28 6 0.1 15.9
701k-750k 50 25 6 0.1 12
751k-800k 60 22 7 0.1 16.4
801k-850k 40 12 3 0.1 20
851k-900k 60 21 2 0.1 17.1
901k-950k 33 22 1 0.1 9
951k-1m 43 9 2 0 28.7
1m-1.1m 47 15 2 0.1 18.8
1.1m-1.2m 50 18 2 0.1 16.7
1.2m-1.3m 48 23 5 0.1 12.5
1.3m-1.4m 44 8 3 0 33
1.4m-1.5m 32 6 1 0 32
1.5m-1.6m 22 10 2 0.1 13.2
1.6m-1.7m 22 6 0 22
1.7m-1.8m 31 6 3 0 31
1.8m-1.9m 28 5 2 0 33.6
1.9m-2m 26 11 1 0.1 14.2
2m-2.25m 37 10 2 0 22.2
2.25m-2.5m 52 7 3 0 44.6
2.5m-2.75m 41 8 2 0 30.8
2.75m-3m 31 7 2 0 26.6
3m-3.5m 41 9 2 0 27.3
3.5m-4m 24 9 1 0.1 16
4m-4.5m 20 4 0 30
4.5m-5m 12 4 2 0.1 18
5.01m-6m 13 6 0.1 13
6.01m-7m 17 8 2 0.1 12.8
7.01m-8m 8 1 0 48
8.01m-9m 5 1 1 0 30
9.01m-10m 4 1 0 24
10.01m-11m 4 2 1 0.1 12
11.01m-12m 1 0
12.01m-13m 3 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 6 6 1 0.2 6
26k-50k 26 15 2 0.1 10.4
51k-75k 59 20 2 0.1 17.7
76k-100k 63 21 4 0.1 18
101k-125k 54 25 1 0.1 13
126k-150k 60 31 6 0.1 11.6
151k-175k 29 14 2 0.1 12.4
176k-200k 49 8 2 0 36.8
201k-225k 25 7 1 0 21.4
226k-250k 38 5 0 45.6
251k-275k 17 1 0 102
276k-300k 37 6 1 0 37
301k-325k 13 3 0 26
326k-350k 16 6 1 0.1 16
351k-375k 9 4 0.1 13.5
376k-400k 15 5 1 0.1 18
401k-425k 1 5 0.8 1.2
426k-450k 13 2 1 0 39
451k-475k 6 2 0.1 18
476k-500k 21 3 1 0 42
501k-550k 10 5 2 0.1 12
551k-600k 10 1 0 60
601k-650k 4 2 0.1 12
651k-700k 12 1 1 0 72
701k-750k 9 0
751k-800k 16 2 2 0 48
801k-850k 3 3 2 0.2 6
851k-900k 4 0
901k-950k 6 0
951k-1m 5 0
1m-1.1m 9 1 0 54
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 10 3 1 0.1 20
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 2 1 0.1 12
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 0
2.75m-3m 10 1 1 0 60
3m-3.5m 13 1 0 78
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 2 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