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 17 56 16 0.5 1.8
151k-175k 36 90 16 0.4 2.4
176k-200k 99 148 25 0.2 4
201k-225k 127 224 33 0.3 3.4
226k-250k 220 352 67 0.3 3.8
251k-275k 239 355 48 0.2 4
276k-300k 349 467 71 0.2 4.5
301k-325k 336 369 53 0.2 5.5
326k-350k 245 249 42 0.2 5.9
351k-375k 131 155 25 0.2 5.1
376k-400k 132 105 13 0.1 7.5
401k-425k 72 77 13 0.2 5.6
426k-450k 47 68 9 0.2 4.1
451k-475k 31 39 4 0.2 4.8
476k-500k 35 29 3 0.1 7.2
501k-550k 49 37 6 0.1 7.9
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 8 7 2 0.1 6.9
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