Absorption Report

Ocala, Ocklawaha, Greenway Elementary School

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
201k-225k 1 1 1 0.2 6
226k-250k 2 4 0.3 3
251k-275k 4 9 3 0.4 2.7
276k-300k 21 24 5 0.2 5.3
301k-325k 39 72 8 0.3 3.3
326k-350k 91 154 19 0.3 3.5
351k-375k 78 144 15 0.3 3.3
376k-400k 125 178 22 0.2 4.2
401k-425k 94 83 14 0.1 6.8
426k-450k 96 72 9 0.1 8
451k-475k 44 56 10 0.2 4.7
476k-500k 50 40 3 0.1 7.5
501k-550k 77 55 6 0.1 8.4
551k-600k 50 33 5 0.1 9.1
601k-650k 37 23 2 0.1 9.7
651k-700k 55 19 1 0.1 17.4
701k-750k 49 21 3 0.1 14
751k-800k 41 4 0 61.5
801k-850k 24 3 0 48
851k-900k 16 2 0 48
901k-950k 11 2 1 0 33
951k-1m 20 0
1m-1.1m 11 0
1.1m-1.2m 8 3 1 0.1 16
1.2m-1.3m 7 1 0 42
1.3m-1.4m 2 0.3 0
1.4m-1.5m 3 0.5 0
1.5m-1.6m 2 2 2 0.2 6
1.7m-1.8m 1 0.2 0
1.8m-1.9m 1 0
6.01m-7m 2 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
201k-225k 1 0
226k-250k 6 6 2 0.2 6
251k-275k 32 49 7 0.3 3.9
276k-300k 79 67 8 0.1 7.1
301k-325k 77 119 21 0.3 3.9
326k-350k 35 40 3 0.2 5.3
351k-375k 23 41 2 0.3 3.4
376k-400k 26 18 2 0.1 8.7
401k-425k 20 13 1 0.1 9.2
426k-450k 30 10 2 0.1 18
451k-475k 17 8 0.1 12.8
476k-500k 19 8 1 0.1 14.3
501k-550k 35 12 1 0.1 17.5
551k-600k 21 6 0 21
601k-650k 3 1 0.1 18
651k-700k 1 0
701k-750k 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
151k-175k 1 1 0.2 0
176k-200k 8 12 4 0.3 4
201k-225k 21 14 3 0.1 9
226k-250k 53 19 0.1 16.7
251k-275k 16 6 0.1 16
276k-300k 17 3 1 0 34
301k-325k 5 2 1 0.1 15
326k-350k 6 0
351k-375k 9 1 1 0 54
376k-400k 13 3 0 26
401k-425k 5 1 0 30
426k-450k 3 0
451k-475k 1 0
476k-500k 1 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 1 1 0.2 6
26k-50k 3 5 1 0.3 3.6
51k-75k 5 0.8 0
76k-100k 5 1 1 0 30
101k-125k 6 1 1 0 36
126k-150k 2 1 0.1 12
151k-175k 2 0
176k-200k 3 1 0.1 18
201k-225k 1 0
226k-250k 1 0.2 0
251k-275k 1 0
276k-300k 5 0
326k-350k 4 1 0 24
376k-400k 2 0
476k-500k 3 0
551k-600k 2 0
601k-650k 1 0
651k-700k 1 0
701k-750k 1 0
751k-800k 1 0.2 0
1.3m-1.4m 1 0
1.5m-1.6m 1 0
1.9m-2m 1 0
3m-3.5m 1 0
3.5m-4m 1 0.2 0