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 6 5 1 0.1 7.2
101k-125k 2 19 2 1.6 0.6
126k-150k 16 56 12 0.6 1.7
151k-175k 37 87 13 0.4 2.6
176k-200k 101 143 24 0.2 4.2
201k-225k 125 218 34 0.3 3.4
226k-250k 219 337 59 0.3 3.9
251k-275k 242 343 47 0.2 4.2
276k-300k 345 455 63 0.2 4.5
301k-325k 336 367 54 0.2 5.5
326k-350k 248 248 41 0.2 6
351k-375k 133 151 21 0.2 5.3
376k-400k 133 103 13 0.1 7.7
401k-425k 73 76 10 0.2 5.8
426k-450k 45 68 7 0.3 4
451k-475k 30 39 3 0.2 4.6
476k-500k 35 29 3 0.1 7.2
501k-550k 49 36 5 0.1 8.2
551k-600k 29 34 6 0.2 5.1
601k-650k 27 21 4 0.1 7.7
651k-700k 15 15 2 0.2 6
701k-750k 14 8 0.1 10.5
751k-800k 8 6 0.1 8
801k-850k 11 10 2 0.2 6.6
851k-900k 9 7 2 0.1 7.7
901k-950k 7 2 0 21
951k-1m 11 8 1 0.1 8.3
1m-1.1m 13 3 0 26
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 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 3 0.5 0
151k-175k 2 1 0.1 12
176k-200k 3 4 1 0.2 4.5
201k-225k 5 12 4 0.4 2.5
226k-250k 20 44 10 0.4 2.7
251k-275k 9 10 1 0.2 5.4
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 5 19 4 0.6 1.6
126k-150k 20 18 1 0.2 6.7
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 2 0.1 12
251k-275k 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 82 161 18 0.3 3.1
26k-50k 261 396 68 0.3 4
51k-75k 121 92 15 0.1 7.9
76k-100k 50 26 3 0.1 11.5
101k-125k 20 8 4 0.1 15
126k-150k 9 9 2 0.2 6
151k-175k 7 2 0 21
176k-200k 9 3 2 0.1 18
201k-225k 4 5 2 0.2 4.8
226k-250k 11 6 1 0.1 11
251k-275k 1 2 0.3 3
276k-300k 10 2 1 0 30
301k-325k 5 4 2 0.1 7.5
326k-350k 7 3 0.1 14
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 3 1 0.2 6
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 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