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 3 6 2 0.3 3
101k-125k 5 17 3 0.6 1.8
126k-150k 17 61 13 0.6 1.7
151k-175k 36 88 15 0.4 2.5
176k-200k 105 142 20 0.2 4.4
201k-225k 115 208 37 0.3 3.3
226k-250k 222 324 49 0.2 4.1
251k-275k 230 350 61 0.3 3.9
276k-300k 340 447 64 0.2 4.6
301k-325k 327 359 47 0.2 5.5
326k-350k 247 247 46 0.2 6
351k-375k 131 148 16 0.2 5.3
376k-400k 129 100 7 0.1 7.7
401k-425k 68 72 6 0.2 5.7
426k-450k 46 64 8 0.2 4.3
451k-475k 31 43 6 0.2 4.3
476k-500k 31 27 3 0.1 6.9
501k-550k 43 34 6 0.1 7.6
551k-600k 27 31 3 0.2 5.2
601k-650k 22 19 4 0.1 6.9
651k-700k 14 14 1 0.2 6
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 1 0.1 8
901k-950k 6 2 0.1 18
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 7 1 0 42
1.5m-1.6m 4 1 0 24
1.6m-1.7m 4 0
1.7m-1.8m 5 0
1.8m-1.9m 3 0
1.9m-2m 7 1 1 0 42
2m-2.25m 2 1 0.1 12
2.25m-2.5m 11 2 0 33
2.5m-2.75m 3 0
2.75m-3m 9 1 0 54
3m-3.5m 3 0
3.5m-4m 9 1 0 54
4m-4.5m 3 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 2 3 1 0.3 4
201k-225k 5 12 1 0.4 2.5
226k-250k 18 44 10 0.4 2.5
251k-275k 9 11 2 0.2 4.9
276k-300k 1 5 2 0.8 1.2
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 1 2 0.3 3
101k-125k 5 19 3 0.6 1.6
126k-150k 22 15 1 0.1 8.8
151k-175k 14 6 1 0.1 14
176k-200k 7 2 0 21
201k-225k 2 1 0.1 12
226k-250k 4 2 1 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 83 154 15 0.3 3.2
26k-50k 244 376 67 0.3 3.9
51k-75k 120 96 20 0.1 7.5
76k-100k 47 24 2 0.1 11.8
101k-125k 22 8 2 0.1 16.5
126k-150k 8 9 2 0.2 5.3
151k-175k 5 3 1 0.1 10
176k-200k 8 3 1 0.1 16
201k-225k 5 5 0.2 6
226k-250k 11 6 0.1 11
251k-275k 1 1 0.2 6
276k-300k 10 2 1 0 30
301k-325k 5 4 1 0.1 7.5
326k-350k 7 3 0.1 14
351k-375k 3 2 0.1 9
376k-400k 2 0
401k-425k 1 2 0.3 3
426k-450k 3 0
451k-475k 1 1 1 0.2 6
476k-500k 10 3 0.1 20
501k-550k 3 2 1 0.1 9
551k-600k 9 0
601k-650k 1 0
651k-700k 3 2 0.1 9
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 6 3 3 0.1 12
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 3 2 1 0.1 9
1.4m-1.5m 6 1 0 36
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 2 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
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0