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 3 7 1 0.4 2.6
101k-125k 2 19 2 1.6 0.6
126k-150k 16 56 15 0.6 1.7
151k-175k 36 87 15 0.4 2.5
176k-200k 99 145 25 0.2 4.1
201k-225k 126 221 32 0.3 3.4
226k-250k 219 349 66 0.3 3.8
251k-275k 240 348 44 0.2 4.1
276k-300k 349 465 72 0.2 4.5
301k-325k 336 367 51 0.2 5.5
326k-350k 245 247 40 0.2 6
351k-375k 132 153 23 0.2 5.2
376k-400k 132 105 13 0.1 7.5
401k-425k 72 76 11 0.2 5.7
426k-450k 46 67 7 0.2 4.1
451k-475k 30 39 3 0.2 4.6
476k-500k 35 29 3 0.1 7.2
501k-550k 49 37 5 0.1 7.9
551k-600k 29 36 7 0.2 4.8
601k-650k 28 22 3 0.1 7.6
651k-700k 15 15 3 0.2 6
701k-750k 15 8 0.1 11.3
751k-800k 8 6 0.1 8
801k-850k 10 10 2 0.2 6
851k-900k 8 7 2 0.1 6.9
901k-950k 6 2 0.1 18
951k-1m 11 9 1 0.1 7.3
1m-1.1m 13 3 0 26
1.1m-1.2m 10 2 0 30
1.2m-1.3m 7 3 1 0.1 14
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 3 0
1.7m-1.8m 5 0
1.8m-1.9m 2 0
1.9m-2m 7 1 1 0 42
2m-2.25m 3 1 0.1 18
2.25m-2.5m 11 2 0 33
2.5m-2.75m 3 0
2.75m-3m 9 1 1 0 54
3m-3.5m 3 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 1 0
126k-150k 3 0.5 0
151k-175k 2 1 0.1 12
176k-200k 3 4 0.2 4.5
201k-225k 5 12 4 0.4 2.5
226k-250k 21 43 8 0.3 2.9
251k-275k 9 10 1 0.2 5.4
276k-300k 1 3 0.5 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 2 3 0.3 4
101k-125k 5 19 4 0.6 1.6
126k-150k 21 18 1 0.1 7
151k-175k 15 6 1 0.1 15
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 84 165 17 0.3 3.1
26k-50k 268 395 69 0.2 4.1
51k-75k 121 91 17 0.1 8
76k-100k 51 25 2 0.1 12.2
101k-125k 20 10 4 0.1 12
126k-150k 10 9 2 0.2 6.7
151k-175k 7 2 0 21
176k-200k 9 3 1 0.1 18
201k-225k 5 5 2 0.2 6
226k-250k 9 6 1 0.1 9
251k-275k 1 2 0.3 3
276k-300k 11 1 0 66
301k-325k 5 4 2 0.1 7.5
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 2 2 0.1 15
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 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 2 0
1.9m-2m 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 3 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