Absorption Report

Ocala, FL, House

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 2 20 2 1.7 0.6
126k-150k 20 52 11 0.4 2.3
151k-175k 47 96 12 0.3 2.9
176k-200k 86 154 24 0.3 3.4
201k-225k 126 227 39 0.3 3.3
226k-250k 224 351 47 0.3 3.8
251k-275k 226 385 54 0.3 3.5
276k-300k 359 489 60 0.2 4.4
301k-325k 312 381 51 0.2 4.9
326k-350k 251 249 44 0.2 6
351k-375k 148 160 27 0.2 5.6
376k-400k 121 115 17 0.2 6.3
401k-425k 66 85 16 0.2 4.7
426k-450k 48 70 13 0.2 4.1
451k-475k 22 46 9 0.3 2.9
476k-500k 34 35 6 0.2 5.8
501k-550k 37 38 7 0.2 5.8
551k-600k 27 32 7 0.2 5.1
601k-650k 31 27 2 0.1 6.9
651k-700k 19 15 2 0.1 7.6
701k-750k 11 9 0.1 7.3
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 11 3 1 0 22
1.1m-1.2m 10 4 1 0.1 15
1.2m-1.3m 6 4 0.1 9
1.3m-1.4m 3 4 1 0.2 4.5
1.4m-1.5m 4 1 0 24
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 5 1 0 30
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