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 6 2 0.5 2
101k-125k 3 20 3 1.1 0.9
126k-150k 19 54 13 0.5 2.1
151k-175k 45 98 13 0.4 2.8
176k-200k 88 152 22 0.3 3.5
201k-225k 134 228 37 0.3 3.5
226k-250k 229 354 44 0.3 3.9
251k-275k 223 379 48 0.3 3.5
276k-300k 354 484 65 0.2 4.4
301k-325k 304 389 53 0.2 4.7
326k-350k 256 249 44 0.2 6.2
351k-375k 142 162 29 0.2 5.3
376k-400k 119 114 16 0.2 6.3
401k-425k 66 86 17 0.2 4.6
426k-450k 49 68 12 0.2 4.3
451k-475k 22 43 9 0.3 3.1
476k-500k 34 35 5 0.2 5.8
501k-550k 40 37 6 0.2 6.5
551k-600k 26 33 8 0.2 4.7
601k-650k 32 23 2 0.1 8.3
651k-700k 19 14 2 0.1 8.1
701k-750k 10 9 0.2 6.7
751k-800k 9 6 2 0.1 9
801k-850k 10 9 3 0.2 6.7
851k-900k 7 5 0.1 8.4
901k-950k 7 4 0.1 10.5
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 4 0.1 9
1.3m-1.4m 3 4 1 0.2 4.5
1.4m-1.5m 4 1 0 24
1.5m-1.6m 7 1 0 42
1.6m-1.7m 3 0
1.7m-1.8m 4 1 0 24
1.8m-1.9m 3 0
1.9m-2m 5 1 0 30
2m-2.25m 3 3 1 0.2 6
2.25m-2.5m 10 2 1 0 30
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 3 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 1 0.2 4.8
201k-225k 5 7 2 0.2 4.3
226k-250k 22 42 6 0.3 3.1
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 5 0.8 1.2
126k-150k 19 23 3 0.2 5
151k-175k 13 7 0.1 11.1
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 88 193 21 0.4 2.7
26k-50k 265 402 54 0.3 4
51k-75k 117 90 18 0.1 7.8
76k-100k 53 23 2 0.1 13.8
101k-125k 17 6 0.1 17
126k-150k 11 8 2 0.1 8.3
151k-175k 9 2 1 0 27
176k-200k 10 2 0 30
201k-225k 4 6 2 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 3 1 0.1 18
401k-425k 2 2 0.2 6
426k-450k 2 0
476k-500k 12 2 0 36
501k-550k 5 2 0.1 15
551k-600k 9 0
601k-650k 2 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 0
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 1 0.3 4
1.3m-1.4m 3 1 0.1 18
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