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 17 3 0.6 1.8
126k-150k 14 60 10 0.7 1.4
151k-175k 36 89 17 0.4 2.4
176k-200k 106 143 17 0.2 4.4
201k-225k 127 207 37 0.3 3.7
226k-250k 221 318 48 0.2 4.2
251k-275k 230 352 68 0.3 3.9
276k-300k 346 449 73 0.2 4.6
301k-325k 339 366 54 0.2 5.6
326k-350k 265 247 47 0.2 6.4
351k-375k 133 149 14 0.2 5.4
376k-400k 130 99 9 0.1 7.9
401k-425k 69 71 5 0.2 5.8
426k-450k 44 62 8 0.2 4.3
451k-475k 36 42 5 0.2 5.1
476k-500k 33 29 5 0.1 6.8
501k-550k 46 33 5 0.1 8.4
551k-600k 28 31 3 0.2 5.4
601k-650k 23 19 3 0.1 7.3
651k-700k 16 14 1 0.1 6.9
701k-750k 13 7 0.1 11.1
751k-800k 12 6 0.1 12
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 10 1 0 60
1.2m-1.3m 9 3 0.1 18
1.3m-1.4m 4 4 1 0.2 6
1.4m-1.5m 7 1 0 42
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 3 1 0.1 18
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 8 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 6 18 4 0.5 2
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 3 2 1 0.1 9
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 87 151 16 0.3 3.5
26k-50k 248 381 65 0.3 3.9
51k-75k 119 99 20 0.1 7.2
76k-100k 43 26 4 0.1 9.9
101k-125k 19 8 2 0.1 14.3
126k-150k 9 9 2 0.2 6
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 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 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 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 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 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