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 5 18 4 0.6 1.7
126k-150k 14 58 9 0.7 1.4
151k-175k 36 89 17 0.4 2.4
176k-200k 105 142 16 0.2 4.4
201k-225k 134 207 38 0.3 3.9
226k-250k 227 319 47 0.2 4.3
251k-275k 236 348 63 0.2 4.1
276k-300k 350 448 72 0.2 4.7
301k-325k 343 358 52 0.2 5.7
326k-350k 262 246 47 0.2 6.4
351k-375k 134 146 14 0.2 5.5
376k-400k 129 97 8 0.1 8
401k-425k 72 71 4 0.2 6.1
426k-450k 45 61 8 0.2 4.4
451k-475k 35 43 5 0.2 4.9
476k-500k 36 28 5 0.1 7.7
501k-550k 46 32 4 0.1 8.6
551k-600k 30 31 3 0.2 5.8
601k-650k 23 19 3 0.1 7.3
651k-700k 16 13 1 0.1 7.4
701k-750k 13 6 0.1 13
751k-800k 13 6 0.1 13
801k-850k 12 9 0.1 8
851k-900k 9 5 1 0.1 10.8
901k-950k 6 2 0.1 18
951k-1m 14 8 1 0.1 10.5
1m-1.1m 11 3 0 22
1.1m-1.2m 11 1 0 66
1.2m-1.3m 10 3 0.1 20
1.3m-1.4m 3 4 0.2 4.5
1.4m-1.5m 8 1 0 48
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 9 1 0 54
2m-2.25m 4 1 0 24
2.25m-2.5m 9 2 0 27
2.5m-2.75m 2 0
2.75m-3m 9 1 0 54
3m-3.5m 3 0
3.5m-4m 10 1 0 60
4m-4.5m 3 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 2 0
8.01m-9m 2 0
9.01m-10m 2 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 8 11 1 0.2 4.4
226k-250k 17 44 7 0.4 2.3
251k-275k 10 10 2 0.2 6
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 7 18 3 0.4 2.3
126k-150k 23 14 1 0.1 9.9
151k-175k 15 6 1 0.1 15
176k-200k 7 2 0 21
201k-225k 2 1 0.1 12
226k-250k 4 1 1 0 24
301k-325k 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 91 153 17 0.3 3.6
26k-50k 247 379 68 0.3 3.9
51k-75k 117 99 19 0.1 7.1
76k-100k 42 26 3 0.1 9.7
101k-125k 19 8 2 0.1 14.3
126k-150k 10 10 2 0.2 6
151k-175k 5 3 1 0.1 10
176k-200k 7 3 1 0.1 14
201k-225k 7 5 0.1 8.4
226k-250k 11 6 0.1 11
251k-275k 1 1 0.2 6
276k-300k 8 2 1 0 24
301k-325k 5 4 1 0.1 7.5
326k-350k 6 3 0.1 12
351k-375k 3 2 0.1 9
376k-400k 2 0
401k-425k 1 2 0.3 3
426k-450k 4 0
451k-475k 1 1 1 0.2 6
476k-500k 9 3 0.1 18
501k-550k 2 2 1 0.2 6
551k-600k 8 0
601k-650k 1 0
651k-700k 3 2 0.1 9
701k-750k 6 1 0 36
751k-800k 6 0
801k-850k 2 0
851k-900k 1 2 0.3 3
901k-950k 1 1 0.2 6
951k-1m 7 3 1 0.1 14
1m-1.1m 2 0
1.1m-1.2m 6 2 0.1 18
1.2m-1.3m 2 3 0.3 4
1.3m-1.4m 3 2 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 3 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 5 0
2.5m-2.75m 1 0.2 0
2.75m-3m 2 0
3m-3.5m 2 0
4m-4.5m 1 2 0.3 3
4.5m-5m 1 0
5.01m-6m 2 0
6.01m-7m 1 1 0.2 6
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0