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 1 0.2 0
51k-75k 2 0.3 0
76k-100k 4 7 2 0.3 3.4
101k-125k 3 18 2 1 1
126k-150k 20 53 16 0.4 2.3
151k-175k 38 89 12 0.4 2.6
176k-200k 92 148 23 0.3 3.7
201k-225k 135 214 29 0.3 3.8
226k-250k 223 343 56 0.3 3.9
251k-275k 234 347 44 0.2 4
276k-300k 348 464 62 0.2 4.5
301k-325k 319 374 50 0.2 5.1
326k-350k 251 238 34 0.2 6.3
351k-375k 128 155 27 0.2 5
376k-400k 133 106 16 0.1 7.5
401k-425k 72 79 16 0.2 5.5
426k-450k 49 65 7 0.2 4.5
451k-475k 24 40 4 0.3 3.6
476k-500k 33 29 3 0.1 6.8
501k-550k 45 33 3 0.1 8.2
551k-600k 26 35 8 0.2 4.5
601k-650k 33 23 4 0.1 8.6
651k-700k 16 15 3 0.2 6.4
701k-750k 15 9 0.1 10
751k-800k 9 6 1 0.1 9
801k-850k 10 10 3 0.2 6
851k-900k 7 6 1 0.1 7
901k-950k 7 2 0 21
951k-1m 12 8 0.1 9
1m-1.1m 12 3 0 24
1.1m-1.2m 10 2 1 0 30
1.2m-1.3m 8 4 1 0.1 12
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 2 0
1.7m-1.8m 5 0
1.8m-1.9m 3 0
1.9m-2m 7 1 1 0 42
2m-2.25m 3 2 0.1 9
2.25m-2.5m 11 2 0 33
2.5m-2.75m 4 0
2.75m-3m 8 1 1 0 48
3m-3.5m 4 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 2 0
126k-150k 3 0.5 0
151k-175k 3 1 0.1 18
176k-200k 3 4 0.2 4.5
201k-225k 4 11 5 0.5 2.2
226k-250k 23 43 9 0.3 3.2
251k-275k 8 9 0.2 5.3
276k-300k 1 3 2 0.5 2
301k-325k 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 4 1 0.3 3
101k-125k 5 19 3 0.6 1.6
126k-150k 21 20 1 0.2 6.3
151k-175k 14 5 0.1 16.8
176k-200k 6 2 0.1 18
201k-225k 2 1 0.1 12
226k-250k 4 2 0.1 12
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 86 170 17 0.3 3
26k-50k 262 385 59 0.2 4.1
51k-75k 118 90 16 0.1 7.9
76k-100k 53 23 2 0.1 13.8
101k-125k 19 8 2 0.1 14.3
126k-150k 13 8 1 0.1 9.8
151k-175k 7 2 1 0 21
176k-200k 10 3 1 0.1 20
201k-225k 5 7 2 0.2 4.3
226k-250k 9 6 1 0.1 9
251k-275k 1 2 0.3 3
276k-300k 11 1 0 66
301k-325k 4 3 2 0.1 8
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 2 0.1 9
551k-600k 9 0
601k-650k 1 0
651k-700k 4 2 1 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 1 1 0 30
1m-1.1m 1 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 1 0
2m-2.25m 2 0
2.25m-2.5m 3 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 4 0
6.01m-7m 2 1 1 0.1 12
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