Absorption Report

Ocala, FL

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 4 6 1 0.3 4
101k-125k 5 18 4 0.6 1.7
126k-150k 14 61 11 0.7 1.4
151k-175k 38 90 16 0.4 2.5
176k-200k 106 142 18 0.2 4.5
201k-225k 125 206 32 0.3 3.6
226k-250k 219 322 47 0.2 4.1
251k-275k 227 351 62 0.3 3.9
276k-300k 345 445 67 0.2 4.7
301k-325k 325 363 52 0.2 5.4
326k-350k 257 244 43 0.2 6.3
351k-375k 133 149 13 0.2 5.4
376k-400k 126 100 9 0.1 7.6
401k-425k 70 71 5 0.2 5.9
426k-450k 44 64 8 0.2 4.1
451k-475k 31 42 5 0.2 4.4
476k-500k 34 28 4 0.1 7.3
501k-550k 44 34 6 0.1 7.8
551k-600k 27 30 2 0.2 5.4
601k-650k 24 19 3 0.1 7.6
651k-700k 15 14 1 0.2 6.4
701k-750k 13 7 0.1 11.1
751k-800k 10 6 0.1 10
801k-850k 12 9 1 0.1 8
851k-900k 7 5 1 0.1 8.4
901k-950k 6 2 0.1 18
951k-1m 15 8 1 0.1 11.3
1m-1.1m 10 3 0.1 20
1.1m-1.2m 10 1 0 60
1.2m-1.3m 9 3 1 0.1 18
1.3m-1.4m 4 4 2 0.2 6
1.4m-1.5m 8 1 0 48
1.5m-1.6m 4 1 0 24
1.6m-1.7m 4 0
1.7m-1.8m 5 0
1.8m-1.9m 3 0
1.9m-2m 8 1 0 48
2m-2.25m 2 1 0.1 12
2.25m-2.5m 10 2 0 30
2.5m-2.75m 2 0
2.75m-3m 9 1 0 54
3m-3.5m 4 0
3.5m-4m 9 1 0 54
4m-4.5m 3 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 2 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

Townhouses 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
126k-150k 2 0.3 0
151k-175k 2 1 0.1 12
176k-200k 2 3 1 0.3 4
201k-225k 7 11 1 0.3 3.8
226k-250k 19 44 10 0.4 2.6
251k-275k 10 11 2 0.2 5.5
276k-300k 1 5 2 0.8 1.2
301k-325k 1 0.2 0
326k-350k 1 1 0.2 0
476k-500k 1 0
651k-700k 1 0.2 0
751k-800k 1 2 0.3 3
801k-850k 1 1 0.2 6

Condos 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
51k-75k 2 0.3 0
76k-100k 1 2 0.3 3
101k-125k 5 18 4 0.6 1.7
126k-150k 21 15 1 0.1 8.4
151k-175k 15 6 1 0.1 15
176k-200k 7 2 0 21
201k-225k 2 1 0.1 12
226k-250k 4 2 1 0.1 12
451k-475k 2 0
476k-500k 2 0

Land 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 83 154 15 0.3 3.2
26k-50k 243 378 63 0.3 3.9
51k-75k 120 98 22 0.1 7.3
76k-100k 44 26 4 0.1 10.2
101k-125k 20 8 2 0.1 15
126k-150k 8 9 2 0.2 5.3
151k-175k 6 3 1 0.1 12
176k-200k 6 3 1 0.1 12
201k-225k 6 5 0.1 7.2
226k-250k 10 6 0.1 10
251k-275k 1 1 0.2 6
276k-300k 10 2 1 0 30
301k-325k 5 4 1 0.1 7.5
326k-350k 7 3 0.1 14
351k-375k 3 2 0.1 9
376k-400k 2 0
401k-425k 1 2 0.3 3
426k-450k 3 0
451k-475k 1 1 1 0.2 6
476k-500k 10 3 0.1 20
501k-550k 2 2 1 0.2 6
551k-600k 8 0
601k-650k 1 0
651k-700k 3 2 0.1 9
701k-750k 5 1 0 30
751k-800k 6 0
801k-850k 2 0
851k-900k 1 2 0.3 3
901k-950k 1 1 0.2 6
951k-1m 7 3 1 0.1 14
1m-1.1m 2 0
1.1m-1.2m 6 2 1 0.1 18
1.2m-1.3m 2 3 0.3 4
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 6 1 0 36
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.8m-1.9m 2 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 5 0
2.5m-2.75m 1 1 0.2 0
2.75m-3m 2 0
3m-3.5m 2 0
3.5m-4m 1 0.2 0
4m-4.5m 1 2 0.3 3
4.5m-5m 1 0
5.01m-6m 2 0
6.01m-7m 1 1 0.2 6
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0