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 2 0.3 0
76k-100k 4 7 2 0.3 3.4
101k-125k 3 18 2 1 1
126k-150k 21 53 16 0.4 2.4
151k-175k 38 90 12 0.4 2.5
176k-200k 90 147 23 0.3 3.7
201k-225k 136 214 27 0.3 3.8
226k-250k 222 344 53 0.3 3.9
251k-275k 234 349 45 0.2 4
276k-300k 347 464 59 0.2 4.5
301k-325k 320 374 49 0.2 5.1
326k-350k 251 237 33 0.2 6.4
351k-375k 129 154 27 0.2 5
376k-400k 131 106 17 0.1 7.4
401k-425k 73 80 17 0.2 5.5
426k-450k 50 65 7 0.2 4.6
451k-475k 23 40 5 0.3 3.5
476k-500k 33 29 3 0.1 6.8
501k-550k 44 33 3 0.1 8
551k-600k 26 35 8 0.2 4.5
601k-650k 33 24 4 0.1 8.3
651k-700k 16 15 3 0.2 6.4
701k-750k 15 9 0.1 10
751k-800k 9 6 1 0.1 9
801k-850k 10 10 3 0.2 6
851k-900k 7 6 1 0.1 7
901k-950k 7 2 0 21
951k-1m 12 8 0.1 9
1m-1.1m 12 3 0 24
1.1m-1.2m 10 2 1 0 30
1.2m-1.3m 8 4 1 0.1 12
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 2 0
1.7m-1.8m 5 0
1.8m-1.9m 3 0
1.9m-2m 6 1 1 0 36
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 1 1 0 48
3m-3.5m 4 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 2 0
126k-150k 3 0.5 0
151k-175k 3 1 0.1 18
176k-200k 3 4 0.2 4.5
201k-225k 4 12 5 0.5 2
226k-250k 23 41 7 0.3 3.4
251k-275k 8 9 0.2 5.3
276k-300k 1 3 2 0.5 2
301k-325k 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 2 4 1 0.3 3
101k-125k 5 19 3 0.6 1.6
126k-150k 21 20 1 0.2 6.3
151k-175k 14 5 0.1 16.8
176k-200k 6 2 0.1 18
201k-225k 2 1 0.1 12
226k-250k 4 2 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 86 170 16 0.3 3
26k-50k 261 388 60 0.2 4
51k-75k 120 89 16 0.1 8.1
76k-100k 53 23 2 0.1 13.8
101k-125k 18 8 2 0.1 13.5
126k-150k 13 7 0.1 11.1
151k-175k 7 2 1 0 21
176k-200k 10 3 1 0.1 20
201k-225k 5 7 2 0.2 4.3
226k-250k 9 6 1 0.1 9
251k-275k 1 2 0.3 3
276k-300k 11 1 0 66
301k-325k 4 3 2 0.1 8
326k-350k 7 3 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 3 0
451k-475k 1 0
476k-500k 11 3 1 0 22
501k-550k 3 2 0.1 9
551k-600k 9 0
601k-650k 1 0
651k-700k 4 2 1 0.1 12
701k-750k 5 1 0 30
751k-800k 5 0
801k-850k 2 0
851k-900k 1 2 1 0.3 3
901k-950k 1 1 0.2 6
951k-1m 5 1 1 0 30
1m-1.1m 1 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 1 0
2m-2.25m 2 0
2.25m-2.5m 3 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 4 0
6.01m-7m 2 1 1 0.1 12
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