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 6 5 1 0.1 7.2
101k-125k 2 18 2 1.5 0.7
126k-150k 16 56 10 0.6 1.7
151k-175k 37 87 13 0.4 2.6
176k-200k 101 143 23 0.2 4.2
201k-225k 125 217 33 0.3 3.5
226k-250k 219 336 55 0.3 3.9
251k-275k 241 342 46 0.2 4.2
276k-300k 344 451 61 0.2 4.6
301k-325k 336 366 43 0.2 5.5
326k-350k 248 246 39 0.2 6
351k-375k 133 151 19 0.2 5.3
376k-400k 133 102 11 0.1 7.8
401k-425k 73 76 8 0.2 5.8
426k-450k 45 68 7 0.3 4
451k-475k 30 39 3 0.2 4.6
476k-500k 35 28 3 0.1 7.5
501k-550k 49 35 5 0.1 8.4
551k-600k 29 34 4 0.2 5.1
601k-650k 27 21 4 0.1 7.7
651k-700k 15 15 2 0.2 6
701k-750k 14 8 0.1 10.5
751k-800k 8 6 0.1 8
801k-850k 11 10 2 0.2 6.6
851k-900k 9 7 2 0.1 7.7
901k-950k 7 2 0 21
951k-1m 11 8 1 0.1 8.3
1m-1.1m 13 3 0 26
1.1m-1.2m 10 1 0 60
1.2m-1.3m 8 3 1 0.1 16
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 3 0
1.7m-1.8m 5 0
1.8m-1.9m 2 0
1.9m-2m 7 1 1 0 42
2m-2.25m 3 1 0.1 18
2.25m-2.5m 11 2 0 33
2.5m-2.75m 3 0
2.75m-3m 9 1 1 0 54
3m-3.5m 3 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 1 0
126k-150k 3 0.5 0
151k-175k 2 1 0.1 12
176k-200k 3 4 1 0.2 4.5
201k-225k 5 12 4 0.4 2.5
226k-250k 20 44 10 0.4 2.7
251k-275k 9 10 1 0.2 5.4
276k-300k 1 3 0.5 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 3 0.5 2
101k-125k 5 19 3 0.6 1.6
126k-150k 20 18 1 0.2 6.7
151k-175k 15 6 1 0.1 15
176k-200k 6 2 0.1 18
201k-225k 2 1 0.1 12
226k-250k 4 2 0.1 12
251k-275k 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 82 158 18 0.3 3.1
26k-50k 261 387 66 0.2 4
51k-75k 121 92 15 0.1 7.9
76k-100k 51 26 3 0.1 11.8
101k-125k 20 8 4 0.1 15
126k-150k 9 9 2 0.2 6
151k-175k 7 2 0 21
176k-200k 9 3 2 0.1 18
201k-225k 4 5 2 0.2 4.8
226k-250k 11 6 1 0.1 11
251k-275k 1 2 0.3 3
276k-300k 10 2 1 0 30
301k-325k 5 4 2 0.1 7.5
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 3 1 0.2 6
551k-600k 9 0
601k-650k 1 0
651k-700k 4 2 0.1 12
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 5 2 2 0.1 15
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 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 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 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 2 0
6.01m-7m 2 1 1 0.1 12
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