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 2 19 2 1.6 0.6
126k-150k 19 52 11 0.5 2.2
151k-175k 46 97 12 0.4 2.8
176k-200k 88 152 22 0.3 3.5
201k-225k 133 225 34 0.3 3.5
226k-250k 227 351 41 0.3 3.9
251k-275k 224 377 46 0.3 3.6
276k-300k 357 477 58 0.2 4.5
301k-325k 307 382 46 0.2 4.8
326k-350k 254 247 42 0.2 6.2
351k-375k 144 161 28 0.2 5.4
376k-400k 120 114 16 0.2 6.3
401k-425k 66 85 16 0.2 4.7
426k-450k 49 68 12 0.2 4.3
451k-475k 21 43 9 0.3 2.9
476k-500k 34 35 5 0.2 5.8
501k-550k 39 37 6 0.2 6.3
551k-600k 26 32 7 0.2 4.9
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 8 2 0.1 7.5
851k-900k 7 5 0.1 8.4
901k-950k 6 4 0.1 9
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 21 39 3 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 5 0.8 1.2
126k-150k 19 23 3 0.2 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 86 192 20 0.4 2.7
26k-50k 266 398 50 0.2 4
51k-75k 115 87 15 0.1 7.9
76k-100k 53 23 2 0.1 13.8
101k-125k 17 6 0.1 17
126k-150k 12 8 2 0.1 9
151k-175k 9 2 1 0 27
176k-200k 10 2 0 30
201k-225k 4 5 1 0.2 4.8
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 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 2 0
2.75m-3m 3 0
3m-3.5m 3 0
3.5m-4m 1 1 0.2 6
4m-4.5m 2 0.3 0
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 1 0
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