Absorption Report

Ocala, 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 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
1k-25k 1 1 0.2 6
26k-50k 1 0.2 0
51k-75k 1 2 0.3 3
76k-100k 2 7 2 0.6 1.7
101k-125k 2 20 2 1.7 0.6
126k-150k 19 51 11 0.4 2.2
151k-175k 48 96 12 0.3 3
176k-200k 86 157 24 0.3 3.3
201k-225k 122 226 38 0.3 3.2
226k-250k 228 353 46 0.3 3.9
251k-275k 227 387 52 0.3 3.5
276k-300k 354 493 60 0.2 4.3
301k-325k 307 383 54 0.2 4.8
326k-350k 253 250 45 0.2 6.1
351k-375k 149 160 27 0.2 5.6
376k-400k 117 116 17 0.2 6.1
401k-425k 66 84 15 0.2 4.7
426k-450k 49 70 14 0.2 4.2
451k-475k 21 46 9 0.4 2.7
476k-500k 33 35 6 0.2 5.7
501k-550k 35 38 8 0.2 5.5
551k-600k 29 33 7 0.2 5.3
601k-650k 31 28 2 0.2 6.6
651k-700k 18 15 2 0.1 7.2
701k-750k 12 9 0.1 8
751k-800k 9 6 2 0.1 9
801k-850k 10 8 2 0.1 7.5
851k-900k 7 5 0.1 8.4
901k-950k 6 4 1 0.1 9
951k-1m 11 9 2 0.1 7.3
1m-1.1m 12 3 1 0 24
1.1m-1.2m 10 4 1 0.1 15
1.2m-1.3m 6 4 0.1 9
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 5 1 0 30
1.5m-1.6m 6 1 0 36
1.6m-1.7m 4 0
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 3 0
1.9m-2m 4 1 0 24
2m-2.25m 3 3 1 0.2 6
2.25m-2.5m 10 2 1 0 30
2.5m-2.75m 3 0
2.75m-3m 7 0
3m-3.5m 5 0
3.5m-4m 7 1 1 0 42
4m-4.5m 3 0
4.5m-5m 1 0
5.01m-6m 1 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 2 0
9.01m-10m 1 0
13.01m-14m 1 0
14.01m-15m 1 0
26.01m-27m 1 0.2 0

Townhouses 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
101k-125k 1 0
126k-150k 3 1 0.5 0
151k-175k 2 2 0.2 6
176k-200k 4 5 1 0.2 4.8
201k-225k 6 7 2 0.2 5.1
226k-250k 20 39 3 0.3 3.1
251k-275k 4 9 0.4 2.7
276k-300k 1 3 2 0.5 2
301k-325k 1 0.2 0
326k-350k 1 0
476k-500k 1 0
651k-700k 1 0.2 0
751k-800k 1 2 0.3 3
801k-850k 1 1 1 0.2 6

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
51k-75k 2 0.3 0
76k-100k 2 4 1 0.3 3
101k-125k 4 20 4 0.8 1.2
126k-150k 19 24 3 0.2 4.8
151k-175k 13 7 0.1 11.1
176k-200k 6 2 0.1 18
201k-225k 3 2 0.1 9
226k-250k 3 2 0.1 9
451k-475k 2 0
476k-500k 2 0
501k-550k 1 0.2 0

Land 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
1k-25k 84 202 22 0.4 2.5
26k-50k 267 405 51 0.3 4
51k-75k 110 87 18 0.1 7.6
76k-100k 59 23 2 0.1 15.4
101k-125k 17 6 0.1 17
126k-150k 12 8 2 0.1 9
151k-175k 9 2 1 0 27
176k-200k 9 2 0 27
201k-225k 4 5 1 0.2 4.8
226k-250k 11 7 0.1 9.4
251k-275k 1 2 0.3 3
276k-300k 9 1 0 54
301k-325k 5 2 1 0.1 15
326k-350k 6 3 1 0.1 12
351k-375k 3 2 0.1 9
376k-400k 3 1 0.1 18
401k-425k 2 2 0.2 6
426k-450k 2 0
476k-500k 11 2 0 33
501k-550k 5 2 0.1 15
551k-600k 9 0
601k-650k 2 1 0.1 12
651k-700k 5 1 0 30
701k-750k 5 1 0 30
751k-800k 5 0
801k-850k 2 1 0.1 12
851k-900k 1 1 0.2 0
901k-950k 1 1 0.2 6
951k-1m 6 0
1m-1.1m 1 0
1.1m-1.2m 6 1 0 36
1.2m-1.3m 2 3 1 0.3 4
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 6 2 0.1 18
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.8m-1.9m 1 0
1.9m-2m 1 1 0.2 6
2m-2.25m 2 0
2.25m-2.5m 2 0
2.75m-3m 3 0
3m-3.5m 3 0
3.5m-4m 1 1 0.2 6
4m-4.5m 2 0.3 0
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0