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 2 1 0.3 0
51k-75k 2 0.3 0
76k-100k 4 6 2 0.3 4
101k-125k 5 17 3 0.6 1.8
126k-150k 16 61 13 0.6 1.6
151k-175k 35 90 16 0.4 2.3
176k-200k 103 141 19 0.2 4.4
201k-225k 118 206 35 0.3 3.4
226k-250k 222 321 50 0.2 4.1
251k-275k 227 351 64 0.3 3.9
276k-300k 347 444 64 0.2 4.7
301k-325k 328 358 50 0.2 5.5
326k-350k 245 247 47 0.2 6
351k-375k 133 149 17 0.2 5.4
376k-400k 131 99 8 0.1 7.9
401k-425k 66 71 5 0.2 5.6
426k-450k 45 63 7 0.2 4.3
451k-475k 32 42 5 0.2 4.6
476k-500k 32 27 3 0.1 7.1
501k-550k 42 34 6 0.1 7.4
551k-600k 27 31 3 0.2 5.2
601k-650k 24 19 4 0.1 7.6
651k-700k 15 14 1 0.2 6.4
701k-750k 14 7 0.1 12
751k-800k 9 6 0.1 9
801k-850k 12 10 1 0.1 7.2
851k-900k 7 6 1 0.1 7
901k-950k 7 2 0 21
951k-1m 14 8 1 0.1 10.5
1m-1.1m 10 3 0.1 20
1.1m-1.2m 10 1 0 60
1.2m-1.3m 9 3 1 0.1 18
1.3m-1.4m 3 4 2 0.2 4.5
1.4m-1.5m 7 1 0 42
1.5m-1.6m 4 1 0 24
1.6m-1.7m 4 0
1.7m-1.8m 5 0
1.8m-1.9m 3 0
1.9m-2m 7 1 1 0 42
2m-2.25m 2 1 0.1 12
2.25m-2.5m 11 2 0 33
2.5m-2.75m 2 0
2.75m-3m 9 1 0 54
3m-3.5m 4 0
3.5m-4m 9 1 0 54
4m-4.5m 3 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 2 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
126k-150k 2 0.3 0
151k-175k 2 1 0.1 12
176k-200k 2 3 1 0.3 4
201k-225k 5 11 1 0.4 2.7
226k-250k 19 44 10 0.4 2.6
251k-275k 9 11 2 0.2 4.9
276k-300k 1 5 2 0.8 1.2
301k-325k 1 0.2 0
326k-350k 1 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 1 2 0.3 3
101k-125k 5 17 3 0.6 1.8
126k-150k 22 15 1 0.1 8.8
151k-175k 14 6 1 0.1 14
176k-200k 7 2 0 21
201k-225k 2 1 0.1 12
226k-250k 4 2 1 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 87 153 15 0.3 3.4
26k-50k 242 376 65 0.3 3.9
51k-75k 120 98 22 0.1 7.3
76k-100k 48 25 3 0.1 11.5
101k-125k 22 8 2 0.1 16.5
126k-150k 9 9 2 0.2 6
151k-175k 5 3 1 0.1 10
176k-200k 7 3 1 0.1 14
201k-225k 6 5 0.1 7.2
226k-250k 10 6 0.1 10
251k-275k 1 1 0.2 6
276k-300k 10 2 1 0 30
301k-325k 5 4 1 0.1 7.5
326k-350k 7 3 0.1 14
351k-375k 3 2 0.1 9
376k-400k 2 0
401k-425k 1 2 0.3 3
426k-450k 3 0
451k-475k 1 1 1 0.2 6
476k-500k 10 3 0.1 20
501k-550k 3 2 1 0.1 9
551k-600k 9 0
601k-650k 1 0
651k-700k 3 2 0.1 9
701k-750k 5 1 0 30
751k-800k 6 0
801k-850k 3 0
851k-900k 1 2 0.3 3
901k-950k 1 1 0.2 6
951k-1m 6 3 3 0.1 12
1m-1.1m 2 0
1.1m-1.2m 6 2 1 0.1 18
1.2m-1.3m 2 3 0.3 4
1.3m-1.4m 3 2 1 0.1 9
1.4m-1.5m 6 1 0 36
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.8m-1.9m 2 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 5 0
2.5m-2.75m 1 1 0.2 0
2.75m-3m 2 0
3m-3.5m 2 0
3.5m-4m 1 0.2 0
4m-4.5m 1 2 0.3 3
4.5m-5m 1 0
5.01m-6m 2 0
6.01m-7m 2 1 0.1 12
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0