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 12 61 11 0.8 1.2
151k-175k 37 90 16 0.4 2.5
176k-200k 106 142 18 0.2 4.5
201k-225k 127 210 36 0.3 3.6
226k-250k 221 322 47 0.2 4.1
251k-275k 232 354 65 0.3 3.9
276k-300k 345 451 73 0.2 4.6
301k-325k 334 365 54 0.2 5.5
326k-350k 263 247 46 0.2 6.4
351k-375k 135 150 14 0.2 5.4
376k-400k 128 100 9 0.1 7.7
401k-425k 70 71 5 0.2 5.9
426k-450k 43 64 8 0.2 4
451k-475k 33 42 5 0.2 4.7
476k-500k 33 29 5 0.1 6.8
501k-550k 45 34 6 0.1 7.9
551k-600k 27 30 2 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 11 6 0.1 11
801k-850k 12 9 1 0.1 8
851k-900k 8 5 1 0.1 9.6
901k-950k 6 2 0.1 18
951k-1m 14 8 1 0.1 10.5
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 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 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 18 44 10 0.4 2.5
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 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 84 154 15 0.3 3.3
26k-50k 245 383 68 0.3 3.8
51k-75k 120 99 22 0.1 7.3
76k-100k 44 26 4 0.1 10.2
101k-125k 20 8 2 0.1 15
126k-150k 9 9 2 0.2 6
151k-175k 6 3 1 0.1 12
176k-200k 6 3 1 0.1 12
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 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