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 2 1 0.3 0
51k-75k 2 0.3 0
76k-100k 3 7 1 0.4 2.6
101k-125k 2 19 3 1.6 0.6
126k-150k 19 54 14 0.5 2.1
151k-175k 38 88 14 0.4 2.6
176k-200k 99 151 26 0.3 3.9
201k-225k 123 220 31 0.3 3.4
226k-250k 218 349 64 0.3 3.7
251k-275k 234 350 46 0.2 4
276k-300k 352 466 67 0.2 4.5
301k-325k 330 373 59 0.2 5.3
326k-350k 252 241 37 0.2 6.3
351k-375k 126 154 23 0.2 4.9
376k-400k 132 103 12 0.1 7.7
401k-425k 72 75 14 0.2 5.8
426k-450k 48 66 8 0.2 4.4
451k-475k 30 39 4 0.2 4.6
476k-500k 31 31 5 0.2 6
501k-550k 45 36 6 0.1 7.5
551k-600k 28 38 8 0.2 4.4
601k-650k 28 23 4 0.1 7.3
651k-700k 15 15 3 0.2 6
701k-750k 15 8 0.1 11.3
751k-800k 8 6 0.1 8
801k-850k 10 10 3 0.2 6
851k-900k 8 7 2 0.1 6.9
901k-950k 6 2 0.1 18
951k-1m 11 9 1 0.1 7.3
1m-1.1m 13 3 0 26
1.1m-1.2m 10 2 1 0 30
1.2m-1.3m 8 3 1 0.1 16
1.3m-1.4m 3 5 2 0.3 3.6
1.4m-1.5m 6 1 0 36
1.5m-1.6m 5 1 0 30
1.6m-1.7m 2 0
1.7m-1.8m 5 0
1.8m-1.9m 2 0
1.9m-2m 7 1 1 0 42
2m-2.25m 3 1 0.1 18
2.25m-2.5m 11 2 0 33
2.5m-2.75m 3 0
2.75m-3m 9 1 1 0 54
3m-3.5m 3 0
3.5m-4m 8 1 0 48
4m-4.5m 4 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
18.01m-19m 1 0
26.01m-27m 1 0.2 0