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 4 18 3 0.8 1.3
126k-150k 17 61 14 0.6 1.7
151k-175k 34 87 15 0.4 2.3
176k-200k 104 142 22 0.2 4.4
201k-225k 123 210 37 0.3 3.5
226k-250k 226 328 55 0.2 4.1
251k-275k 236 348 58 0.2 4.1
276k-300k 347 445 59 0.2 4.7
301k-325k 330 359 45 0.2 5.5
326k-350k 247 246 44 0.2 6
351k-375k 131 147 15 0.2 5.3
376k-400k 131 101 7 0.1 7.8
401k-425k 69 72 8 0.2 5.8
426k-450k 47 65 8 0.2 4.3
451k-475k 30 42 5 0.2 4.3
476k-500k 35 28 3 0.1 7.5
501k-550k 46 33 5 0.1 8.4
551k-600k 28 32 3 0.2 5.3
601k-650k 26 18 3 0.1 8.7
651k-700k 15 14 2 0.2 6.4
701k-750k 14 7 0.1 12
751k-800k 9 6 0.1 9
801k-850k 12 10 1 0.1 7.2
851k-900k 8 6 2 0.1 8
901k-950k 7 2 0 21
951k-1m 13 8 1 0.1 9.8
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 3 5 2 0.3 3.6
1.4m-1.5m 6 1 0 36
1.5m-1.6m 4 1 0 24
1.6m-1.7m 4 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 10 1 0 60
3m-3.5m 3 0
3.5m-4m 9 1 0 54
4m-4.5m 3 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
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 43 8 0.4 2.8
251k-275k 10 11 2 0.2 5.5
276k-300k 1 4 1 0.7 1.5
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 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 87 154 18 0.3 3.4
26k-50k 256 380 66 0.2 4
51k-75k 122 95 20 0.1 7.7
76k-100k 50 26 3 0.1 11.5
101k-125k 21 8 4 0.1 15.8
126k-150k 9 9 2 0.2 6
151k-175k 7 3 1 0.1 14
176k-200k 7 3 2 0.1 14
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 5 4 2 0.1 7.5
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 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