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 2 18 2 1.5 0.7
126k-150k 16 56 12 0.6 1.7
151k-175k 37 87 13 0.4 2.6
176k-200k 100 143 23 0.2 4.2
201k-225k 125 216 29 0.3 3.5
226k-250k 221 343 58 0.3 3.9
251k-275k 240 344 43 0.2 4.2
276k-300k 346 457 62 0.2 4.5
301k-325k 336 369 52 0.2 5.5
326k-350k 246 249 38 0.2 5.9
351k-375k 134 152 20 0.2 5.3
376k-400k 133 104 13 0.1 7.7
401k-425k 73 75 9 0.2 5.8
426k-450k 44 67 6 0.3 3.9
451k-475k 31 39 3 0.2 4.8
476k-500k 36 29 3 0.1 7.4
501k-550k 48 36 5 0.1 8
551k-600k 27 35 6 0.2 4.6
601k-650k 27 22 3 0.1 7.4
651k-700k 16 15 2 0.2 6.4
701k-750k 15 8 0.1 11.3
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 6 2 0.1 18
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 7 3 1 0.1 14
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 21 43 9 0.3 2.9
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 2 3 0.3 4
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 84 161 16 0.3 3.1
26k-50k 263 396 67 0.3 4
51k-75k 120 91 14 0.1 7.9
76k-100k 50 26 3 0.1 11.5
101k-125k 19 9 4 0.1 12.7
126k-150k 10 9 2 0.2 6.7
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 9 6 1 0.1 9
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 2 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