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 1 0.2 0
51k-75k 1 2 0.3 3
76k-100k 3 6 2 0.3 3
101k-125k 3 18 2 1 1
126k-150k 23 52 14 0.4 2.7
151k-175k 43 91 13 0.4 2.8
176k-200k 87 150 26 0.3 3.5
201k-225k 136 217 30 0.3 3.8
226k-250k 219 353 52 0.3 3.7
251k-275k 225 352 46 0.3 3.8
276k-300k 344 470 67 0.2 4.4
301k-325k 310 381 55 0.2 4.9
326k-350k 244 244 38 0.2 6
351k-375k 136 156 26 0.2 5.2
376k-400k 124 114 20 0.2 6.5
401k-425k 65 85 16 0.2 4.6
426k-450k 49 65 8 0.2 4.5
451k-475k 25 41 4 0.3 3.7
476k-500k 36 29 4 0.1 7.4
501k-550k 43 33 4 0.1 7.8
551k-600k 26 35 7 0.2 4.5
601k-650k 33 23 3 0.1 8.6
651k-700k 17 15 3 0.1 6.8
701k-750k 13 9 0.1 8.7
751k-800k 10 6 1 0.1 10
801k-850k 8 9 2 0.2 5.3
851k-900k 9 6 1 0.1 9
901k-950k 5 2 0.1 15
951k-1m 12 8 2 0.1 9
1m-1.1m 10 3 0.1 20
1.1m-1.2m 10 2 1 0 30
1.2m-1.3m 6 3 0.1 12
1.3m-1.4m 2 4 1 0.3 3
1.4m-1.5m 4 1 0 24
1.5m-1.6m 7 1 0 42
1.6m-1.7m 3 0
1.7m-1.8m 5 1 0 30
1.8m-1.9m 2 0
1.9m-2m 6 1 0 36
2m-2.25m 3 2 0.1 9
2.25m-2.5m 11 2 0 33
2.5m-2.75m 4 0
2.75m-3m 8 1 1 0 48
3m-3.5m 5 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
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
101k-125k 2 0
126k-150k 3 1 0.5 0
151k-175k 2 2 0.2 6
176k-200k 4 5 0.2 4.8
201k-225k 5 8 1 0.3 3.8
226k-250k 23 40 5 0.3 3.5
251k-275k 10 9 0.2 6.7
276k-300k 1 3 2 0.5 2
301k-325k 1 0.2 0
326k-350k 1 0
476k-500k 1 0
651k-700k 1 0.2 0
751k-800k 1 2 0.3 3
801k-850k 1 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 2 4 1 0.3 3
101k-125k 4 21 4 0.9 1.1
126k-150k 20 22 2 0.2 5.5
151k-175k 14 7 0.1 12
176k-200k 6 2 0.1 18
201k-225k 2 2 0.2 6
226k-250k 4 2 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 83 183 15 0.4 2.7
26k-50k 265 391 52 0.2 4.1
51k-75k 117 91 17 0.1 7.7
76k-100k 50 23 2 0.1 13
101k-125k 17 8 2 0.1 12.8
126k-150k 11 7 0.1 9.4
151k-175k 9 2 1 0 27
176k-200k 10 3 1 0.1 20
201k-225k 4 7 2 0.3 3.4
226k-250k 10 7 1 0.1 8.6
251k-275k 1 2 0.3 3
276k-300k 10 1 0 60
301k-325k 5 3 2 0.1 10
326k-350k 7 3 1 0.1 14
351k-375k 3 2 0.1 9
376k-400k 2 1 0.1 12
401k-425k 2 2 0.2 6
426k-450k 2 0
476k-500k 12 3 1 0 24
501k-550k 3 2 0.1 9
551k-600k 8 0
601k-650k 1 0
651k-700k 5 2 1 0.1 15
701k-750k 5 1 0 30
751k-800k 5 0
801k-850k 2 1 0.1 12
851k-900k 1 1 0.2 6
901k-950k 1 1 0.2 6
951k-1m 5 0
1m-1.1m 1 0
1.1m-1.2m 6 1 0 36
1.2m-1.3m 2 3 0.3 4
1.3m-1.4m 4 1 0 24
1.4m-1.5m 6 2 0.1 18
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.8m-1.9m 1 0
1.9m-2m 1 1 0.2 6
2m-2.25m 2 0
2.25m-2.5m 3 0
2.75m-3m 2 0
3m-3.5m 3 0
3.5m-4m 1 0.2 0
4m-4.5m 1 2 0.3 3
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 2 1 1 0.1 12
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0