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 49 95 12 0.3 3.1
176k-200k 84 158 25 0.3 3.2
201k-225k 126 225 37 0.3 3.4
226k-250k 226 351 46 0.3 3.9
251k-275k 223 387 55 0.3 3.5
276k-300k 352 496 62 0.2 4.3
301k-325k 304 385 61 0.2 4.7
326k-350k 255 249 44 0.2 6.1
351k-375k 144 164 28 0.2 5.3
376k-400k 116 117 20 0.2 5.9
401k-425k 61 82 13 0.2 4.5
426k-450k 48 68 11 0.2 4.2
451k-475k 22 46 8 0.3 2.9
476k-500k 32 34 5 0.2 5.6
501k-550k 36 37 9 0.2 5.8
551k-600k 29 34 7 0.2 5.1
601k-650k 31 28 2 0.2 6.6
651k-700k 18 15 3 0.1 7.2
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 6 4 0.1 9
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
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
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 18 23 3 0.2 4.7
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 84 204 23 0.4 2.5
26k-50k 266 406 52 0.3 3.9
51k-75k 110 85 17 0.1 7.8
76k-100k 59 25 3 0.1 14.2
101k-125k 18 6 0.1 18
126k-150k 12 8 2 0.1 9
151k-175k 9 2 1 0 27
176k-200k 9 2 1 0 27
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 6 2 0.1 18
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