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 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
76k-100k 1 0.2 0
151k-175k 1 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 3 3 1 0.2 6
276k-300k 5 1 0 30
301k-325k 3 6 0.3 3
326k-350k 11 14 6 0.2 4.7
351k-375k 8 17 2 0.4 2.8
376k-400k 30 27 8 0.2 6.7
401k-425k 17 34 5 0.3 3
426k-450k 43 57 10 0.2 4.5
451k-475k 38 58 6 0.3 3.9
476k-500k 62 74 8 0.2 5
501k-550k 139 128 16 0.2 6.5
551k-600k 157 123 14 0.1 7.7
601k-650k 151 113 21 0.1 8
651k-700k 164 107 16 0.1 9.2
701k-750k 113 109 8 0.2 6.2
751k-800k 136 79 14 0.1 10.3
801k-850k 121 68 5 0.1 10.7
851k-900k 105 57 7 0.1 11.1
901k-950k 67 39 8 0.1 10.3
951k-1m 102 44 6 0.1 13.9
1m-1.1m 93 53 9 0.1 10.5
1.1m-1.2m 116 59 15 0.1 11.8
1.2m-1.3m 90 43 9 0.1 12.6
1.3m-1.4m 68 34 6 0.1 12
1.4m-1.5m 60 33 8 0.1 10.9
1.5m-1.6m 44 27 7 0.1 9.8
1.6m-1.7m 53 23 4 0.1 13.8
1.7m-1.8m 49 23 6 0.1 12.8
1.8m-1.9m 34 22 3 0.1 9.3
1.9m-2m 38 20 3 0.1 11.4
2m-2.25m 48 28 6 0.1 10.3
2.25m-2.5m 64 21 5 0.1 18.3
2.5m-2.75m 37 21 3 0.1 10.6
2.75m-3m 66 18 2 0 22
3m-3.5m 76 26 9 0.1 17.5
3.5m-4m 62 26 7 0.1 14.3
4m-4.5m 39 14 4 0.1 16.7
4.5m-5m 40 15 1 0.1 16
5.01m-6m 73 17 3 0 25.8
6.01m-7m 48 14 6 0 20.6
7.01m-8m 45 9 2 0 30
8.01m-9m 31 9 2 0 20.7
9.01m-10m 26 9 3 0.1 17.3
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 18 1 0 108
14.01m-15m 12 0
15.01m-16m 9 0
16.01m-17m 6 2 0.1 18
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 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 1 1 0.2 6
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
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
326k-350k 2 4 0.3 3
351k-375k 11 9 0.1 7.3
376k-400k 7 5 2 0.1 8.4
401k-425k 13 5 0.1 15.6
426k-450k 13 12 4 0.2 6.5
451k-475k 12 8 2 0.1 9
476k-500k 17 14 3 0.1 7.3
501k-550k 10 11 0.2 5.5
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 15 9 2 0.1 10
176k-200k 31 35 5 0.2 5.3
201k-225k 36 43 5 0.2 5
226k-250k 59 44 7 0.1 8
251k-275k 83 73 12 0.1 6.8
276k-300k 151 78 11 0.1 11.6
301k-325k 95 67 10 0.1 8.5
326k-350k 159 73 11 0.1 13.1
351k-375k 136 49 4 0.1 16.7
376k-400k 137 64 11 0.1 12.8
401k-425k 104 46 5 0.1 13.6
426k-450k 102 37 8 0.1 16.5
451k-475k 74 34 5 0.1 13.1
476k-500k 91 30 8 0.1 18.2
501k-550k 144 47 13 0.1 18.4
551k-600k 108 54 14 0.1 12
601k-650k 85 34 6 0.1 15
651k-700k 74 31 6 0.1 14.3
701k-750k 52 27 5 0.1 11.6
751k-800k 64 22 4 0.1 17.5
801k-850k 50 14 2 0 21.4
851k-900k 63 19 2 0.1 19.9
901k-950k 39 22 3 0.1 10.6
951k-1m 46 12 3 0 23
1m-1.1m 51 17 3 0.1 18
1.1m-1.2m 48 21 4 0.1 13.7
1.2m-1.3m 56 21 5 0.1 16
1.3m-1.4m 45 9 3 0 30
1.4m-1.5m 35 7 1 0 30
1.5m-1.6m 22 9 2 0.1 14.7
1.6m-1.7m 30 6 1 0 30
1.7m-1.8m 35 7 3 0 30
1.8m-1.9m 23 6 2 0 23
1.9m-2m 28 13 2 0.1 12.9
2m-2.25m 42 10 2 0 25.2
2.25m-2.5m 56 9 3 0 37.3
2.5m-2.75m 43 11 3 0 23.5
2.75m-3m 38 8 3 0 28.5
3m-3.5m 40 7 1 0 34.3
3.5m-4m 27 11 2 0.1 14.7
4m-4.5m 20 4 0 30
4.5m-5m 14 4 1 0 21
5.01m-6m 14 4 0 21
6.01m-7m 18 9 1 0.1 12
7.01m-8m 11 1 0 66
8.01m-9m 6 1 1 0 36
9.01m-10m 5 0
10.01m-11m 4 2 0.1 12
11.01m-12m 2 0
12.01m-13m 3 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
44.01m-45m 1 0

Land 6% 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 5 6 1 0.2 5
26k-50k 22 17 2 0.1 7.8
51k-75k 57 18 1 0.1 19
76k-100k 60 22 4 0.1 16.4
101k-125k 51 24 1 0.1 12.8
126k-150k 57 31 6 0.1 11
151k-175k 28 10 2 0.1 16.8
176k-200k 46 8 2 0 34.5
201k-225k 33 8 2 0 24.8
226k-250k 35 8 3 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 20 7 2 0.1 17.1
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 11 1 0 66
451k-475k 5 1 0 30
476k-500k 21 4 1 0 31.5
501k-550k 10 3 1 0.1 20
551k-600k 10 1 0 60
601k-650k 4 2 0.1 12
651k-700k 11 2 1 0 33
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 5 0
2.5m-2.75m 7 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 5 0
6.01m-7m 4 0
7.01m-8m 7 1 1 0 42
8.01m-9m 1 0
9.01m-10m 2 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
31.01m-32m 1 0.2 0
39.01m-40m 1 0
62.01m-63m 1 0