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 2 1 1
126k-150k 24 53 14 0.4 2.7
151k-175k 42 91 13 0.4 2.8
176k-200k 86 147 23 0.3 3.5
201k-225k 134 217 27 0.3 3.7
226k-250k 222 347 45 0.3 3.8
251k-275k 224 353 40 0.3 3.8
276k-300k 348 468 61 0.2 4.5
301k-325k 296 381 51 0.2 4.7
326k-350k 242 243 35 0.2 6
351k-375k 140 157 26 0.2 5.4
376k-400k 123 115 20 0.2 6.4
401k-425k 64 84 15 0.2 4.6
426k-450k 49 65 8 0.2 4.5
451k-475k 23 42 4 0.3 3.3
476k-500k 34 29 4 0.1 7
501k-550k 40 33 4 0.1 7.3
551k-600k 25 34 7 0.2 4.4
601k-650k 33 23 3 0.1 8.6
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 6 2 0.1 18
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 4 0
2.75m-3m 8 0
3m-3.5m 5 0
3.5m-4m 7 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 8 1 0.3 3.8
226k-250k 22 40 5 0.3 3.3
251k-275k 11 9 0.1 7.3
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 7 2 0 21
201k-225k 2 2 0.2 6
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 83 186 11 0.4 2.7
26k-50k 258 391 49 0.3 4
51k-75k 119 89 15 0.1 8
76k-100k 50 23 2 0.1 13
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 7 3 1 0.1 14
351k-375k 3 2 0.1 9
376k-400k 2 1 0.1 12
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 2 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