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 6 0.5 2
326k-350k 12 13 5 0.2 5.5
351k-375k 8 18 3 0.4 2.7
376k-400k 26 23 4 0.1 6.8
401k-425k 17 36 7 0.4 2.8
426k-450k 40 55 6 0.2 4.4
451k-475k 36 56 5 0.3 3.9
476k-500k 58 75 5 0.2 4.6
501k-550k 131 127 14 0.2 6.2
551k-600k 152 122 12 0.1 7.5
601k-650k 138 113 22 0.1 7.3
651k-700k 163 103 17 0.1 9.5
701k-750k 117 106 6 0.2 6.6
751k-800k 129 79 15 0.1 9.8
801k-850k 112 66 6 0.1 10.2
851k-900k 101 59 9 0.1 10.3
901k-950k 62 36 5 0.1 10.3
951k-1m 97 44 6 0.1 13.2
1m-1.1m 89 50 7 0.1 10.7
1.1m-1.2m 104 61 17 0.1 10.2
1.2m-1.3m 93 40 8 0.1 14
1.3m-1.4m 61 35 8 0.1 10.5
1.4m-1.5m 59 30 8 0.1 11.8
1.5m-1.6m 42 28 7 0.1 9
1.6m-1.7m 52 19 1 0.1 16.4
1.7m-1.8m 49 24 6 0.1 12.3
1.8m-1.9m 32 23 3 0.1 8.3
1.9m-2m 39 19 3 0.1 12.3
2m-2.25m 45 27 7 0.1 10
2.25m-2.5m 61 20 5 0.1 18.3
2.5m-2.75m 34 21 3 0.1 9.7
2.75m-3m 62 18 3 0 20.7
3m-3.5m 74 21 5 0 21.1
3.5m-4m 59 25 7 0.1 14.2
4m-4.5m 40 14 3 0.1 17.1
4.5m-5m 33 15 1 0.1 13.2
5.01m-6m 68 18 5 0 22.7
6.01m-7m 47 13 6 0 21.7
7.01m-8m 42 8 1 0 31.5
8.01m-9m 28 9 3 0.1 18.7
9.01m-10m 27 8 2 0 20.3
10.01m-11m 16 3 2 0 32
11.01m-12m 17 4 0 25.5
12.01m-13m 15 1 0 90
13.01m-14m 16 1 0 96
14.01m-15m 14 0
15.01m-16m 9 0
16.01m-17m 5 2 0.1 15
17.01m-18m 3 1 1 0.1 18
18.01m-19m 3 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 2 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
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 1 0.2 6
326k-350k 2 4 0.3 3
351k-375k 8 9 0.2 5.3
376k-400k 8 3 1 0.1 16
401k-425k 11 6 1 0.1 11
426k-450k 11 11 3 0.2 6
451k-475k 13 9 3 0.1 8.7
476k-500k 15 13 2 0.1 6.9
501k-550k 6 11 0.3 3.3
551k-600k 11 5 0.1 13.2
601k-650k 3 1 0.1 18
651k-700k 2 1 0.1 12
701k-750k 3 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

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 13 8 1 0.1 9.8
176k-200k 29 37 8 0.2 4.7
201k-225k 38 42 4 0.2 5.4
226k-250k 57 42 6 0.1 8.1
251k-275k 79 70 12 0.1 6.8
276k-300k 139 79 12 0.1 10.6
301k-325k 90 68 8 0.1 7.9
326k-350k 154 72 9 0.1 12.8
351k-375k 129 50 2 0.1 15.5
376k-400k 132 59 9 0.1 13.4
401k-425k 98 46 6 0.1 12.8
426k-450k 105 36 7 0.1 17.5
451k-475k 67 34 5 0.1 11.8
476k-500k 85 31 8 0.1 16.5
501k-550k 136 42 12 0.1 19.4
551k-600k 104 52 11 0.1 12
601k-650k 81 34 4 0.1 14.3
651k-700k 74 29 4 0.1 15.3
701k-750k 47 27 8 0.1 10.4
751k-800k 60 20 3 0.1 18
801k-850k 42 13 3 0.1 19.4
851k-900k 64 21 3 0.1 18.3
901k-950k 36 22 2 0.1 9.8
951k-1m 43 10 3 0 25.8
1m-1.1m 50 15 1 0.1 20
1.1m-1.2m 50 20 3 0.1 15
1.2m-1.3m 50 20 4 0.1 15
1.3m-1.4m 47 9 3 0 31.3
1.4m-1.5m 38 5 0 45.6
1.5m-1.6m 22 9 1 0.1 14.7
1.6m-1.7m 25 7 1 0 21.4
1.7m-1.8m 33 6 2 0 33
1.8m-1.9m 27 5 2 0 32.4
1.9m-2m 26 13 2 0.1 12
2m-2.25m 34 10 1 0 20.4
2.25m-2.5m 58 8 2 0 43.5
2.5m-2.75m 36 12 4 0.1 18
2.75m-3m 33 7 2 0 28.3
3m-3.5m 39 8 2 0 29.3
3.5m-4m 25 10 2 0.1 15
4m-4.5m 20 4 0 30
4.5m-5m 11 4 1 0.1 16.5
5.01m-6m 14 5 0.1 16.8
6.01m-7m 16 8 1 0.1 12
7.01m-8m 9 1 0 54
8.01m-9m 5 1 1 0 30
9.01m-10m 4 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 1 0
16.01m-17m 1 0
19.01m-20m 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 5 1 0.1 7.2
26k-50k 24 18 3 0.1 8
51k-75k 56 19 1 0.1 17.7
76k-100k 61 22 5 0.1 16.6
101k-125k 50 25 1 0.1 12
126k-150k 56 30 6 0.1 11.2
151k-175k 28 11 2 0.1 15.3
176k-200k 46 9 3 0 30.7
201k-225k 34 6 1 0 34
226k-250k 35 7 2 0 30
251k-275k 16 2 1 0 48
276k-300k 36 6 2 0 36
301k-325k 12 2 0 36
326k-350k 17 6 1 0.1 17
351k-375k 8 4 0.1 12
376k-400k 16 5 1 0.1 19.2
401k-425k 2 5 0.4 2.4
426k-450k 14 1 0 84
451k-475k 5 2 0.1 15
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 1 0 24
651k-700k 12 1 0 72
701k-750k 8 0
751k-800k 17 2 2 0 51
801k-850k 2 3 1 0.3 4
851k-900k 5 0
901k-950k 6 0
951k-1m 7 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 9 3 1 0.1 18
1.3m-1.4m 2 0
1.4m-1.5m 5 0
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.8m-1.9m 2 1 1 0.1 12
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 9 2 1 0 27
3m-3.5m 13 0
3.5m-4m 6 3 1 0.1 12
4m-4.5m 3 0
4.5m-5m 10 1 0 60
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 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