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 3 7 2 0.4 2.6
101k-125k 3 18 2 1 1
126k-150k 24 53 14 0.4 2.7
151k-175k 42 91 12 0.4 2.8
176k-200k 85 148 24 0.3 3.4
201k-225k 136 219 29 0.3 3.7
226k-250k 224 353 51 0.3 3.8
251k-275k 224 355 43 0.3 3.8
276k-300k 345 471 64 0.2 4.4
301k-325k 302 385 55 0.2 4.7
326k-350k 246 246 38 0.2 6
351k-375k 136 157 26 0.2 5.2
376k-400k 124 115 20 0.2 6.5
401k-425k 64 85 16 0.2 4.5
426k-450k 49 65 8 0.2 4.5
451k-475k 25 42 4 0.3 3.6
476k-500k 35 29 4 0.1 7.2
501k-550k 43 33 4 0.1 7.8
551k-600k 26 35 8 0.2 4.5
601k-650k 33 23 3 0.1 8.6
651k-700k 18 15 3 0.1 7.2
701k-750k 11 9 0.1 7.3
751k-800k 10 6 1 0.1 10
801k-850k 9 9 2 0.2 6
851k-900k 9 6 1 0.1 9
901k-950k 5 2 0.1 15
951k-1m 13 9 2 0.1 8.7
1m-1.1m 10 3 0.1 20
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 3 0
1.7m-1.8m 5 1 0 30
1.8m-1.9m 2 0
1.9m-2m 6 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 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 2 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 6 2 0.1 18
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 83 189 14 0.4 2.6
26k-50k 259 392 50 0.3 4
51k-75k 119 91 17 0.1 7.8
76k-100k 50 23 2 0.1 13
101k-125k 17 8 2 0.1 12.8
126k-150k 11 7 0.1 9.4
151k-175k 9 2 1 0 27
176k-200k 10 2 0 30
201k-225k 4 7 2 0.3 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 3 2 0.1 10
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 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