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 58 9 0.7 1.4
151k-175k 36 90 18 0.4 2.4
176k-200k 105 143 16 0.2 4.4
201k-225k 134 209 39 0.3 3.8
226k-250k 228 320 50 0.2 4.3
251k-275k 236 351 67 0.2 4
276k-300k 349 448 72 0.2 4.7
301k-325k 343 363 52 0.2 5.7
326k-350k 261 246 48 0.2 6.4
351k-375k 133 149 14 0.2 5.4
376k-400k 129 98 9 0.1 7.9
401k-425k 72 71 5 0.2 6.1
426k-450k 45 61 8 0.2 4.4
451k-475k 35 43 5 0.2 4.9
476k-500k 34 28 5 0.1 7.3
501k-550k 46 33 5 0.1 8.4
551k-600k 30 31 3 0.2 5.8
601k-650k 23 19 3 0.1 7.3
651k-700k 16 14 1 0.1 6.9
701k-750k 13 6 0.1 13
751k-800k 13 6 0.1 13
801k-850k 12 9 0.1 8
851k-900k 9 5 1 0.1 10.8
901k-950k 6 2 0.1 18
951k-1m 14 8 1 0.1 10.5
1m-1.1m 11 3 0 22
1.1m-1.2m 11 1 0 66
1.2m-1.3m 10 3 0.1 20
1.3m-1.4m 3 4 0.2 4.5
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 9 1 0 54
2m-2.25m 4 1 0 24
2.25m-2.5m 9 2 0 27
2.5m-2.75m 2 0
2.75m-3m 9 1 0 54
3m-3.5m 3 0
3.5m-4m 10 1 0 60
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 2 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 8 11 1 0.2 4.4
226k-250k 17 44 7 0.4 2.3
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 7 18 4 0.4 2.3
126k-150k 23 15 1 0.1 9.2
151k-175k 15 6 1 0.1 15
176k-200k 7 2 0 21
201k-225k 2 1 0.1 12
226k-250k 4 1 1 0 24
301k-325k 1 0
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 91 152 17 0.3 3.6
26k-50k 250 382 70 0.3 3.9
51k-75k 118 99 19 0.1 7.2
76k-100k 42 26 4 0.1 9.7
101k-125k 19 8 2 0.1 14.3
126k-150k 10 9 1 0.2 6.7
151k-175k 6 3 1 0.1 12
176k-200k 7 3 1 0.1 14
201k-225k 7 5 0.1 8.4
226k-250k 11 6 0.1 11
251k-275k 1 1 0.2 6
276k-300k 8 2 1 0 24
301k-325k 5 4 1 0.1 7.5
326k-350k 6 3 0.1 12
351k-375k 3 2 0.1 9
376k-400k 2 0
401k-425k 1 2 0.3 3
426k-450k 4 0
451k-475k 1 1 1 0.2 6
476k-500k 9 3 0.1 18
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 6 1 0 36
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 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 3 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
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