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 0.2 0
26k-50k 1 0.2 0
51k-75k 1 2 0.3 3
76k-100k 2 7 2 0.6 1.7
101k-125k 3 21 2 1.2 0.9
126k-150k 18 49 9 0.5 2.2
151k-175k 49 96 13 0.3 3.1
176k-200k 83 157 23 0.3 3.2
201k-225k 125 224 36 0.3 3.3
226k-250k 226 349 43 0.3 3.9
251k-275k 231 387 53 0.3 3.6
276k-300k 353 492 61 0.2 4.3
301k-325k 301 381 54 0.2 4.7
326k-350k 256 249 45 0.2 6.2
351k-375k 149 162 28 0.2 5.5
376k-400k 117 116 19 0.2 6.1
401k-425k 63 82 13 0.2 4.6
426k-450k 50 69 13 0.2 4.3
451k-475k 21 46 9 0.4 2.7
476k-500k 32 35 6 0.2 5.5
501k-550k 36 38 8 0.2 5.7
551k-600k 28 33 7 0.2 5.1
601k-650k 31 28 2 0.2 6.6
651k-700k 18 15 3 0.1 7.2
701k-750k 12 9 0.1 8
751k-800k 9 6 2 0.1 9
801k-850k 9 9 2 0.2 6
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 11 3 1 0 22
1.1m-1.2m 11 4 1 0.1 16.5
1.2m-1.3m 6 4 0.1 9
1.3m-1.4m 2 4 1 0.3 3
1.4m-1.5m 6 1 0 36
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 18 24 3 0.2 4.5
151k-175k 12 7 0.1 10.3
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 83 203 23 0.4 2.5
26k-50k 268 404 51 0.3 4
51k-75k 109 86 17 0.1 7.6
76k-100k 58 25 3 0.1 13.9
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 1 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