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 5 6 2 0.2 5
101k-125k 3 17 2 0.9 1.1
126k-150k 15 58 12 0.6 1.6
151k-175k 37 84 12 0.4 2.6
176k-200k 102 140 20 0.2 4.4
201k-225k 125 208 34 0.3 3.6
226k-250k 224 325 52 0.2 4.1
251k-275k 236 336 47 0.2 4.2
276k-300k 346 440 54 0.2 4.7
301k-325k 331 355 43 0.2 5.6
326k-350k 249 241 40 0.2 6.2
351k-375k 134 146 15 0.2 5.5
376k-400k 132 100 9 0.1 7.9
401k-425k 71 72 8 0.2 5.9
426k-450k 46 65 8 0.2 4.2
451k-475k 30 41 4 0.2 4.4
476k-500k 37 28 3 0.1 7.9
501k-550k 48 33 5 0.1 8.7
551k-600k 28 32 4 0.2 5.3
601k-650k 27 18 4 0.1 9
651k-700k 15 13 1 0.1 6.9
701k-750k 14 7 0.1 12
751k-800k 8 6 0.1 8
801k-850k 11 10 1 0.2 6.6
851k-900k 9 6 2 0.1 9
901k-950k 7 2 0 21
951k-1m 11 8 1 0.1 8.3
1m-1.1m 12 3 0 24
1.1m-1.2m 10 1 0 60
1.2m-1.3m 8 3 1 0.1 16
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 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

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 1 0
126k-150k 2 0.3 0
151k-175k 2 1 0.1 12
176k-200k 3 3 1 0.2 6
201k-225k 5 12 1 0.4 2.5
226k-250k 20 42 7 0.4 2.9
251k-275k 9 11 2 0.2 4.9
276k-300k 1 3 0.5 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 3 0.5 2
101k-125k 6 19 4 0.5 1.9
126k-150k 18 16 1 0.1 6.8
151k-175k 15 6 1 0.1 15
176k-200k 6 2 0.1 18
201k-225k 2 1 0.1 12
226k-250k 4 1 0 24
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 86 153 19 0.3 3.4
26k-50k 258 377 62 0.2 4.1
51k-75k 120 93 18 0.1 7.7
76k-100k 51 26 3 0.1 11.8
101k-125k 20 8 4 0.1 15
126k-150k 9 9 2 0.2 6
151k-175k 7 2 0 21
176k-200k 8 3 2 0.1 16
201k-225k 4 5 1 0.2 4.8
226k-250k 11 6 1 0.1 11
251k-275k 1 2 0.3 3
276k-300k 11 2 1 0 33
301k-325k 4 4 2 0.2 6
326k-350k 8 3 0.1 16
351k-375k 3 2 0.1 9
376k-400k 2 0
401k-425k 2 2 0.2 6
426k-450k 3 0
451k-475k 1 0
476k-500k 11 3 1 0 22
501k-550k 3 2 1 0.1 9
551k-600k 9 0
601k-650k 1 0
651k-700k 4 2 0.1 12
701k-750k 5 1 0 30
751k-800k 5 0
801k-850k 3 0
851k-900k 1 2 1 0.3 3
901k-950k 1 1 0.2 6
951k-1m 5 2 2 0.1 15
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 4 2 1 0.1 12
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 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 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 2 0
6.01m-7m 2 1 0.1 12
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