Absorption Report

Ocala

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 8 3 0.3 3
276k-300k 15 24 6 0.3 3.8
301k-325k 42 71 8 0.3 3.5
326k-350k 93 154 21 0.3 3.6
351k-375k 81 147 18 0.3 3.3
376k-400k 126 177 22 0.2 4.3
401k-425k 94 81 15 0.1 7
426k-450k 92 73 9 0.1 7.6
451k-475k 46 56 10 0.2 4.9
476k-500k 55 41 5 0.1 8
501k-550k 78 54 5 0.1 8.7
551k-600k 50 33 5 0.1 9.1
601k-650k 33 23 3 0.1 8.6
651k-700k 54 19 1 0.1 17.1
701k-750k 51 21 4 0.1 14.6
751k-800k 41 3 0 82
801k-850k 23 3 0 46
851k-900k 16 2 0 48
901k-950k 11 2 1 0 33
951k-1m 19 0
1m-1.1m 12 1 1 0 72
1.1m-1.2m 8 4 2 0.1 12
1.2m-1.3m 7 2 1 0 21
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 33 47 7 0.2 4.2
276k-300k 79 66 9 0.1 7.2
301k-325k 78 120 21 0.3 3.9
326k-350k 35 39 3 0.2 5.4
351k-375k 21 40 3 0.3 3.2
376k-400k 26 19 3 0.1 8.2
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 20 6 0.1 20
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 1 0.2 6
176k-200k 8 12 3 0.3 4
201k-225k 24 14 3 0.1 10.3
226k-250k 50 19 0.1 15.8
251k-275k 15 6 0.1 15
276k-300k 18 3 1 0 36
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
1.4m-1.5m 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