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 1 2 0.3 3
76k-100k 2 7 2 0.6 1.7
101k-125k 3 18 3 1 1
126k-150k 23 52 13 0.4 2.7
151k-175k 42 91 13 0.4 2.8
176k-200k 90 147 23 0.3 3.7
201k-225k 136 217 26 0.3 3.8
226k-250k 221 344 42 0.3 3.9
251k-275k 227 353 42 0.3 3.9
276k-300k 349 465 59 0.2 4.5
301k-325k 306 377 49 0.2 4.9
326k-350k 243 242 37 0.2 6
351k-375k 141 153 23 0.2 5.5
376k-400k 122 112 18 0.2 6.5
401k-425k 63 83 15 0.2 4.6
426k-450k 49 65 9 0.2 4.5
451k-475k 23 42 6 0.3 3.3
476k-500k 33 29 6 0.1 6.8
501k-550k 40 33 4 0.1 7.3
551k-600k 26 34 7 0.2 4.6
601k-650k 32 22 2 0.1 8.7
651k-700k 18 13 1 0.1 8.3
701k-750k 10 9 0.2 6.7
751k-800k 10 6 1 0.1 10
801k-850k 9 9 2 0.2 6
851k-900k 8 5 0.1 9.6
901k-950k 7 2 0 21
951k-1m 12 9 2 0.1 8
1m-1.1m 11 3 0 22
1.1m-1.2m 10 2 1 0 30
1.2m-1.3m 6 3 0.1 12
1.3m-1.4m 2 4 1 0.3 3
1.4m-1.5m 4 1 0 24
1.5m-1.6m 7 1 0 42
1.6m-1.7m 2 0
1.7m-1.8m 5 1 0 30
1.8m-1.9m 2 0
1.9m-2m 5 1 0 30
2m-2.25m 3 2 0.1 9
2.25m-2.5m 11 2 0 33
2.5m-2.75m 3 0
2.75m-3m 7 0
3m-3.5m 6 0
3.5m-4m 7 1 1 0 42
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
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 1 0.5 0
151k-175k 2 2 0.2 6
176k-200k 4 5 0.2 4.8
201k-225k 5 7 0.2 4.3
226k-250k 21 40 5 0.3 3.2
251k-275k 12 9 0.1 8
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 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 4 20 3 0.8 1.2
126k-150k 20 22 2 0.2 5.5
151k-175k 14 7 0.1 12
176k-200k 6 2 0.1 18
201k-225k 3 2 0.1 9
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 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 84 188 13 0.4 2.7
26k-50k 260 387 49 0.2 4
51k-75k 117 89 17 0.1 7.9
76k-100k 49 23 2 0.1 12.8
101k-125k 17 6 0.1 17
126k-150k 11 7 0.1 9.4
151k-175k 9 2 1 0 27
176k-200k 10 2 0 30
201k-225k 4 6 1 0.3 4
226k-250k 10 7 0.1 8.6
251k-275k 1 2 0.3 3
276k-300k 9 1 0 54
301k-325k 5 2 1 0.1 15
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 12 3 1 0 24
501k-550k 3 2 0.1 9
551k-600k 8 0
601k-650k 1 0
651k-700k 5 2 1 0.1 15
701k-750k 5 1 0 30
751k-800k 5 0
801k-850k 2 1 0.1 12
851k-900k 1 1 0.2 6
901k-950k 1 1 0.2 6
951k-1m 6 0
1m-1.1m 1 0
1.1m-1.2m 6 1 0 36
1.2m-1.3m 2 3 0.3 4
1.3m-1.4m 4 1 0 24
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 3 0
2.75m-3m 3 0
3m-3.5m 3 0
3.5m-4m 1 1 0.2 6
4m-4.5m 1 2 0.3 3
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 1 1 1 0.2 6
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