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 2 1.6 0.6
126k-150k 18 55 15 0.5 2
151k-175k 38 89 15 0.4 2.6
176k-200k 99 148 25 0.2 4
201k-225k 127 222 31 0.3 3.4
226k-250k 221 350 65 0.3 3.8
251k-275k 239 352 45 0.2 4.1
276k-300k 355 463 67 0.2 4.6
301k-325k 336 368 52 0.2 5.5
326k-350k 248 245 38 0.2 6.1
351k-375k 129 152 22 0.2 5.1
376k-400k 132 103 11 0.1 7.7
401k-425k 73 77 13 0.2 5.7
426k-450k 48 67 8 0.2 4.3
451k-475k 30 39 4 0.2 4.6
476k-500k 31 29 3 0.2 6.4
501k-550k 47 37 6 0.1 7.6
551k-600k 29 36 7 0.2 4.8
601k-650k 28 22 3 0.1 7.6
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 7 7 2 0.2 6
901k-950k 6 2 0.1 18
951k-1m 12 9 1 0.1 8
1m-1.1m 13 3 0 26
1.1m-1.2m 10 2 0 30
1.2m-1.3m 7 3 1 0.1 14
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 3 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