Absorption Report

Ocala

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 Since 12/31 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 1 0.2 0
51k-75k 1 2 0.3 3
76k-100k 2 8 2 0.7 1.5
101k-125k 3 21 2 1.2 0.9
126k-150k 19 50 10 0.4 2.3
151k-175k 51 95 12 0.3 3.2
176k-200k 86 158 25 0.3 3.3
201k-225k 127 224 37 0.3 3.4
226k-250k 223 350 45 0.3 3.8
251k-275k 222 383 51 0.3 3.5
276k-300k 344 495 61 0.2 4.2
301k-325k 305 382 58 0.2 4.8
326k-350k 254 247 42 0.2 6.2
351k-375k 143 164 28 0.2 5.2
376k-400k 116 116 19 0.2 6
401k-425k 59 81 12 0.2 4.4
426k-450k 48 68 11 0.2 4.2
451k-475k 21 46 8 0.4 2.7
476k-500k 31 34 5 0.2 5.5
501k-550k 37 37 9 0.2 6
551k-600k 29 33 6 0.2 5.3
601k-650k 30 27 1 0.2 6.7
651k-700k 19 15 3 0.1 7.6
701k-750k 11 9 0.1 7.3
751k-800k 10 6 2 0.1 10
801k-850k 9 8 1 0.1 6.8
851k-900k 7 5 0.1 8.4
901k-950k 6 4 1 0.1 9
951k-1m 11 9 2 0.1 7.3
1m-1.1m 11 3 1 0 22
1.1m-1.2m 10 4 1 0.1 15
1.2m-1.3m 7 4 0.1 10.5
1.3m-1.4m 2 4 1 0.3 3
1.4m-1.5m 6 1 0 36
1.5m-1.6m 6 1 0 36
1.6m-1.7m 4 0
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 3 0
1.9m-2m 4 1 0 24
2m-2.25m 3 3 1 0.2 6
2.25m-2.5m 10 2 1 0 30
2.5m-2.75m 3 0
2.75m-3m 7 0
3m-3.5m 5 0
3.5m-4m 7 1 1 0 42
4m-4.5m 3 0
4.5m-5m 1 0
5.01m-6m 1 0
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0
13.01m-14m 1 0
14.01m-15m 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 Since 12/31 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 1 0.5 0
151k-175k 2 2 0.2 6
176k-200k 4 5 1 0.2 4.8
201k-225k 6 7 2 0.2 5.1
226k-250k 19 39 3 0.3 2.9
251k-275k 4 10 0.4 2.4
276k-300k 1 3 2 0.5 2
301k-325k 1 0.2 0
326k-350k 1 0
476k-500k 1 0
651k-700k 1 0.2 0
751k-800k 1 2 0.3 3
801k-850k 1 1 1 0.2 6

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 4 1 0.3 3
101k-125k 3 20 4 1.1 0.9
126k-150k 17 23 3 0.2 4.4
151k-175k 14 7 1 0.1 12
176k-200k 6 2 0.1 18
201k-225k 2 2 0.2 6
226k-250k 3 2 0.1 9
451k-475k 2 0
476k-500k 2 0
501k-550k 1 0.2 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 69 201 20 0.5 2.1
26k-50k 262 405 51 0.3 3.9
51k-75k 111 85 17 0.1 7.8
76k-100k 58 25 3 0.1 13.9
101k-125k 18 6 0.1 18
126k-150k 12 8 2 0.1 9
151k-175k 9 2 1 0 27
176k-200k 10 2 1 0 30
201k-225k 4 5 1 0.2 4.8
226k-250k 10 7 0.1 8.6
251k-275k 1 2 1 0.3 3
276k-300k 9 1 0 54
301k-325k 5 1 0 30
326k-350k 6 3 1 0.1 12
351k-375k 3 2 0.1 9
376k-400k 3 1 0.1 18
401k-425k 2 2 0.2 6
426k-450k 2 0
476k-500k 11 2 0 33
501k-550k 5 2 0.1 15
551k-600k 9 0
601k-650k 1 1 0.2 6
651k-700k 4 1 0 24
701k-750k 5 1 0 30
751k-800k 5 0
801k-850k 2 1 0.1 12
851k-900k 1 1 0.2 0
901k-950k 1 1 0.2 6
951k-1m 6 0
1m-1.1m 1 0
1.1m-1.2m 5 1 0 30
1.2m-1.3m 2 3 1 0.3 4
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 7 2 0 21
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.8m-1.9m 1 0
1.9m-2m 1 1 0.2 6
2m-2.25m 2 0
2.25m-2.5m 2 0
2.75m-3m 3 0
3m-3.5m 3 0
3.5m-4m 1 1 0.2 6
4m-4.5m 2 0.3 0
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 1 0
7.01m-8m 1 0
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