Absorption Report

Golden Gate Estates, 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
251k-275k 1 0
301k-325k 1 0.2 0
326k-350k 2 1 0.3 0
351k-375k 3 1 0.5 0
376k-400k 3 1 0.1 18
401k-425k 4 5 0.2 4.8
426k-450k 10 15 3 0.3 4
451k-475k 12 16 1 0.2 4.5
476k-500k 19 22 2 0.2 5.2
501k-550k 34 53 6 0.3 3.8
551k-600k 43 33 4 0.1 7.8
601k-650k 33 32 4 0.2 6.2
651k-700k 38 31 7 0.1 7.4
701k-750k 20 15 1 0.1 8
751k-800k 20 13 2 0.1 9.2
801k-850k 17 12 1 0.1 8.5
851k-900k 12 7 0.1 10.3
901k-950k 8 4 0.1 12
951k-1m 16 2 0 48
1m-1.1m 18 5 0 21.6
1.1m-1.2m 18 11 3 0.1 9.8
1.2m-1.3m 11 5 2 0.1 13.2
1.3m-1.4m 11 4 0.1 16.5
1.4m-1.5m 12 3 1 0 24
1.5m-1.6m 1 1 1 0.2 6
1.6m-1.7m 10 2 0 30
1.7m-1.8m 4 2 0.1 12
1.8m-1.9m 5 2 0.1 15
1.9m-2m 5 1 0 30
2m-2.25m 6 0
2.25m-2.5m 2 0
2.75m-3m 3 0
3m-3.5m 8 1 1 0 48
4m-4.5m 1 0.2 0
4.5m-5m 3 0
5.01m-6m 10 0
8.01m-9m 2 0
12.01m-13m 1 0

Condos 0% 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
701k-750k 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 1 1 0.2 6
26k-50k 19 15 3 0.1 7.6
51k-75k 49 14 1 0 21
76k-100k 53 15 4 0 21.2
101k-125k 46 21 1 0.1 13.1
126k-150k 49 21 3 0.1 14
151k-175k 21 9 1 0.1 14
176k-200k 35 8 3 0 26.3
201k-225k 12 2 0 36
226k-250k 19 5 1 0 22.8
251k-275k 8 2 1 0 24
276k-300k 13 3 1 0 26
301k-325k 4 2 0.1 12
326k-350k 7 7 2 0.2 6
351k-375k 1 4 0.7 1.5
376k-400k 7 3 0.1 14
401k-425k 1 2 0.3 3
426k-450k 5 0
451k-475k 1 0
476k-500k 12 1 0 72
501k-550k 4 1 0 24
551k-600k 1 1 0.2 6
601k-650k 2 0
651k-700k 1 0.2 0
701k-750k 3 0
751k-800k 6 1 1 0 36
801k-850k 1 0
851k-900k 1 0
901k-950k 3 0
951k-1m 3 0
1.2m-1.3m 4 0
1.4m-1.5m 1 0
1.5m-1.6m 2 0
1.6m-1.7m 1 0
1.9m-2m 2 0
2m-2.25m 1 0
2.5m-2.75m 1 0
3m-3.5m 4 0
4m-4.5m 1 0
4.5m-5m 1 0
9.01m-10m 1 0