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 3 7 2 0.4 2.6
101k-125k 3 18 2 1 1
126k-150k 19 52 15 0.5 2.2
151k-175k 39 90 13 0.4 2.6
176k-200k 93 149 24 0.3 3.7
201k-225k 133 216 31 0.3 3.7
226k-250k 225 345 56 0.3 3.9
251k-275k 236 351 47 0.2 4
276k-300k 347 463 58 0.2 4.5
301k-325k 319 373 52 0.2 5.1
326k-350k 253 237 31 0.2 6.4
351k-375k 127 153 27 0.2 5
376k-400k 135 106 16 0.1 7.6
401k-425k 73 79 16 0.2 5.5
426k-450k 48 67 8 0.2 4.3
451k-475k 25 40 3 0.3 3.8
476k-500k 33 29 3 0.1 6.8
501k-550k 45 33 3 0.1 8.2
551k-600k 26 35 7 0.2 4.5
601k-650k 33 22 4 0.1 9
651k-700k 16 15 3 0.2 6.4
701k-750k 16 9 0.1 10.7
751k-800k 9 6 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 4 0
1.8m-1.9m 3 0
1.9m-2m 7 1 1 0 42
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 11 5 0.5 2.2
226k-250k 22 43 9 0.3 3.1
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 19 20 1 0.2 5.7
151k-175k 14 6 1 0.1 14
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 88 167 17 0.3 3.2
26k-50k 263 385 58 0.2 4.1
51k-75k 119 90 16 0.1 7.9
76k-100k 54 24 2 0.1 13.5
101k-125k 19 8 2 0.1 14.3
126k-150k 11 8 1 0.1 8.3
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 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 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 4 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