Absorption Report

North Fort Myers, Manufactured/Mobile


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 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
126k-150k 1 0.2 0
151k-175k 1 0
226k-250k 2 2 0.3 0
251k-275k 1 0
276k-300k 1 8 2 1.3 0.8
301k-325k 3 10 1 0.6 1.8
326k-350k 26 38 8 0.2 4.1
351k-375k 11 66 13 1 1
376k-400k 28 76 15 0.5 2.2
401k-425k 25 93 16 0.6 1.6
426k-450k 35 69 17 0.3 3
451k-475k 36 89 16 0.4 2.4
476k-500k 30 69 13 0.4 2.6
501k-550k 41 89 19 0.4 2.8
551k-600k 37 68 16 0.3 3.3
601k-650k 25 60 13 0.4 2.5
651k-700k 29 46 5 0.3 3.8
701k-750k 25 30 4 0.2 5
751k-800k 16 21 3 0.2 4.6
801k-850k 8 17 4 0.4 2.8
851k-900k 8 8 0.2 6
901k-950k 6 11 0.3 3.3
951k-1m 5 7 3 0.2 4.3
1m-1.1m 4 9 3 0.4 2.7
1.1m-1.2m 7 8 2 0.2 5.3
1.2m-1.3m 5 7 1 0.2 4.3
1.3m-1.4m 5 7 0.2 4.3
1.4m-1.5m 2 2 1 0.2 6
1.5m-1.6m 6 2 0.1 18
1.7m-1.8m 1 0
1.9m-2m 1 0
2.25m-2.5m 1 0
2.75m-3m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
151k-175k 1 0.2 0
201k-225k 4 2 0.7 0
226k-250k 3 7 2 0.4 2.6
251k-275k 3 8 2 0.4 2.3
276k-300k 18 25 2 0.2 4.3
301k-325k 32 105 16 0.5 1.8
326k-350k 17 82 13 0.8 1.2
351k-375k 9 17 3 0.3 3.2
376k-400k 1 3 1 0.5 2
401k-425k 9 2 0 27
426k-450k 2 3 1 0.3 4
451k-475k 5 3 1 0.1 10
476k-500k 4 1 0 24
501k-550k 2 3 1 0.3 4
551k-600k 1 0.2 0
651k-700k 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
176k-200k 2 1 0.3 0
226k-250k 1 1 0.2 0
276k-300k 1 0
301k-325k 1 0
326k-350k 3 0
351k-375k 1 0.2 0
376k-400k 3 0
501k-550k 1 0.2 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 2 2 0.3 0
26k-50k 3 0
76k-100k 2 0
101k-125k 1 0
126k-150k 2 4 3 0.3 3
151k-175k 4 1 0 24
176k-200k 2 2 0.2 6
201k-225k 3 1 0.5 0
226k-250k 1 2 0.3 3
376k-400k 1 0
401k-425k 1 1 0.2 0
476k-500k 1 0
651k-700k 1 0
751k-800k 1 0
1m-1.1m 2 1 0.1 12
1.3m-1.4m 1 0
1.4m-1.5m 2 1 0.1 12
2.25m-2.5m 3 0
2.75m-3m 1 0
3.5m-4m 2 0
7.01m-8m 1 0