Absorption Report: Naples, FL | Homes by Marco

Absorption Report


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 0.2 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 3 3 1 0.2 6
276k-300k 4 2 1 0.1 12
301k-325k 3 6 0.3 3
326k-350k 11 14 5 0.2 4.7
351k-375k 9 16 2 0.3 3.4
376k-400k 29 27 6 0.2 6.4
401k-425k 19 33 4 0.3 3.5
426k-450k 45 56 9 0.2 4.8
451k-475k 40 59 7 0.2 4.1
476k-500k 64 73 8 0.2 5.3
501k-550k 141 128 14 0.2 6.6
551k-600k 159 124 18 0.1 7.7
601k-650k 159 110 18 0.1 8.7
651k-700k 171 107 17 0.1 9.6
701k-750k 111 112 11 0.2 5.9
751k-800k 139 78 13 0.1 10.7
801k-850k 118 70 7 0.1 10.1
851k-900k 110 58 7 0.1 11.4
901k-950k 72 40 8 0.1 10.8
951k-1m 103 45 8 0.1 13.7
1m-1.1m 97 51 8 0.1 11.4
1.1m-1.2m 120 59 15 0.1 12.2
1.2m-1.3m 96 41 8 0.1 14
1.3m-1.4m 65 37 8 0.1 10.5
1.4m-1.5m 60 32 6 0.1 11.3
1.5m-1.6m 44 27 7 0.1 9.8
1.6m-1.7m 57 22 4 0.1 15.5
1.7m-1.8m 48 23 7 0.1 12.5
1.8m-1.9m 31 23 3 0.1 8.1
1.9m-2m 40 20 3 0.1 12
2m-2.25m 49 27 3 0.1 10.9
2.25m-2.5m 68 23 5 0.1 17.7
2.5m-2.75m 43 19 2 0.1 13.6
2.75m-3m 65 19 3 0 20.5
3m-3.5m 78 26 9 0.1 18
3.5m-4m 64 27 8 0.1 14.2
4m-4.5m 41 13 5 0.1 18.9
4.5m-5m 43 15 1 0.1 17.2
5.01m-6m 71 17 0 25.1
6.01m-7m 48 14 6 0 20.6
7.01m-8m 46 10 3 0 27.6
8.01m-9m 32 8 0 24
9.01m-10m 26 10 4 0.1 15.6
10.01m-11m 16 3 2 0 32
11.01m-12m 17 4 0 25.5
12.01m-13m 19 1 0 114
13.01m-14m 21 1 0 126
14.01m-15m 12 0
15.01m-16m 9 0
16.01m-17m 6 2 0.1 18
17.01m-18m 3 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 4 0
25.01m-26m 4 0
26.01m-27m 2 0
27.01m-28m 3 0
28.01m-29m 1 0
29.01m-30m 2 1 0.1 12
32.01m-33m 1 0
34.01m-35m 3 0
35.01m-36m 1 0
38.01m-39m 1 0
43.01m-44m 1 0
44.01m-45m 1 1 0.2 6
49.01m-50m 1 0
59.01m-60m 2 0
76.01m-77m 1 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0

Townhouses 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
201k-225k 1 0
251k-275k 1 0.2 0
276k-300k 5 3 0.1 10
301k-325k 1 0
326k-350k 2 4 0.3 3
351k-375k 11 10 1 0.2 6.6
376k-400k 7 5 2 0.1 8.4
401k-425k 13 5 0.1 15.6
426k-450k 17 11 4 0.1 9.3
451k-475k 13 8 2 0.1 9.8
476k-500k 15 15 4 0.2 6
501k-550k 9 12 1 0.2 4.5
551k-600k 10 5 0.1 12
601k-650k 3 1 0.1 18
651k-700k 2 1 0.1 12
701k-750k 2 0
751k-800k 1 1 0.2 6
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 2 0
2.75m-3m 1 0
7.01m-8m 1 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 7 1 1.2 0
126k-150k 11 3 0 22
151k-175k 16 10 2 0.1 9.6
176k-200k 30 35 6 0.2 5.1
201k-225k 40 44 5 0.2 5.5
226k-250k 61 43 8 0.1 8.5
251k-275k 85 73 12 0.1 7
276k-300k 147 81 14 0.1 10.9
301k-325k 96 67 9 0.1 8.6
326k-350k 164 72 11 0.1 13.7
351k-375k 141 49 4 0.1 17.3
376k-400k 140 63 9 0.1 13.3
401k-425k 108 45 5 0.1 14.4
426k-450k 101 37 5 0.1 16.4
451k-475k 73 34 5 0.1 12.9
476k-500k 93 29 7 0.1 19.2
501k-550k 145 46 11 0.1 18.9
551k-600k 120 56 15 0.1 12.9
601k-650k 86 32 6 0.1 16.1
651k-700k 74 30 6 0.1 14.8
701k-750k 54 25 3 0.1 13
751k-800k 66 22 4 0.1 18
801k-850k 48 14 2 0 20.6
851k-900k 64 19 1 0 20.2
901k-950k 39 21 3 0.1 11.1
951k-1m 48 13 5 0 22.2
1m-1.1m 55 17 2 0.1 19.4
1.1m-1.2m 52 21 4 0.1 14.9
1.2m-1.3m 53 21 6 0.1 15.1
1.3m-1.4m 46 9 3 0 30.7
1.4m-1.5m 39 7 1 0 33.4
1.5m-1.6m 22 9 1 0.1 14.7
1.6m-1.7m 31 6 1 0 31
1.7m-1.8m 35 7 3 0 30
1.8m-1.9m 23 7 2 0.1 19.7
1.9m-2m 29 13 2 0.1 13.4
2m-2.25m 42 11 3 0 22.9
2.25m-2.5m 59 9 3 0 39.3
2.5m-2.75m 43 11 3 0 23.5
2.75m-3m 37 8 3 0 27.8
3m-3.5m 41 7 1 0 35.1
3.5m-4m 28 11 2 0.1 15.3
4m-4.5m 20 4 0 30
4.5m-5m 14 4 1 0 21
5.01m-6m 16 5 1 0.1 19.2
6.01m-7m 18 9 1 0.1 12
7.01m-8m 12 1 0 72
8.01m-9m 6 1 1 0 36
9.01m-10m 5 0
10.01m-11m 4 2 0.1 12
11.01m-12m 3 0
12.01m-13m 2 0
14.01m-15m 2 0
15.01m-16m 2 0
16.01m-17m 1 0
19.01m-20m 1 0
27.01m-28m 1 0
29.01m-30m 2 0
37.01m-38m 1 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 23 16 2 0.1 8.6
51k-75k 58 18 2 0.1 19.3
76k-100k 60 20 3 0.1 18
101k-125k 52 24 1 0.1 13
126k-150k 57 31 6 0.1 11
151k-175k 29 10 1 0.1 17.4
176k-200k 47 7 2 0 40.3
201k-225k 34 9 3 0 22.7
226k-250k 35 8 2 0 26.3
251k-275k 16 2 1 0 48
276k-300k 36 4 1 0 54
301k-325k 12 3 0 24
326k-350k 21 6 2 0 21
351k-375k 7 4 1 0.1 10.5
376k-400k 16 6 0.1 16
401k-425k 2 5 0.4 2.4
426k-450k 12 1 0 72
451k-475k 6 1 0 36
476k-500k 20 5 2 0 24
501k-550k 10 4 2 0.1 15
551k-600k 10 1 0 60
601k-650k 5 2 0.1 15
651k-700k 10 2 1 0 30
701k-750k 8 0
751k-800k 17 3 1 0 34
801k-850k 2 2 0.2 6
851k-900k 5 0
901k-950k 6 0
951k-1m 8 1 0 48
1m-1.1m 3 1 1 0.1 18
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 8 2 1 0 24
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 8 1 0 48
1.6m-1.7m 3 0
1.8m-1.9m 3 1 1 0.1 18
1.9m-2m 5 1 0 30
2m-2.25m 7 1 0 42
2.25m-2.5m 6 0
2.5m-2.75m 6 0
2.75m-3m 10 2 0 30
3m-3.5m 13 0
3.5m-4m 6 3 0.1 12
4m-4.5m 4 0
4.5m-5m 10 1 0 60
5.01m-6m 6 0
6.01m-7m 4 0
7.01m-8m 7 1 1 0 42
8.01m-9m 1 0
9.01m-10m 3 0
10.01m-11m 1 0.2 0
11.01m-12m 1 0
12.01m-13m 1 0
17.01m-18m 1 0
19.01m-20m 2 0
24.01m-25m 1 0
39.01m-40m 1 0
62.01m-63m 1 0