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 4 17 3 0.7 1.4
126k-150k 16 61 13 0.6 1.6
151k-175k 34 87 14 0.4 2.3
176k-200k 104 142 21 0.2 4.4
201k-225k 116 210 36 0.3 3.3
226k-250k 224 322 49 0.2 4.2
251k-275k 230 345 56 0.3 4
276k-300k 336 442 57 0.2 4.6
301k-325k 322 354 42 0.2 5.5
326k-350k 245 244 43 0.2 6
351k-375k 131 147 15 0.2 5.3
376k-400k 126 100 7 0.1 7.6
401k-425k 69 72 6 0.2 5.8
426k-450k 45 65 8 0.2 4.2
451k-475k 30 43 6 0.2 4.2
476k-500k 34 27 3 0.1 7.6
501k-550k 42 33 5 0.1 7.6
551k-600k 26 31 3 0.2 5
601k-650k 25 18 3 0.1 8.3
651k-700k 16 14 2 0.1 6.9
701k-750k 14 7 0.1 12
751k-800k 9 6 0.1 9
801k-850k 11 10 1 0.2 6.6
851k-900k 8 6 1 0.1 8
901k-950k 7 2 0 21
951k-1m 13 8 1 0.1 9.8
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 5 2 0.3 3.6
1.4m-1.5m 6 1 0 36
1.5m-1.6m 4 1 0 24
1.6m-1.7m 4 0
1.7m-1.8m 5 0
1.8m-1.9m 2 0
1.9m-2m 6 1 1 0 36
2m-2.25m 2 1 0.1 12
2.25m-2.5m 11 2 0 33
2.5m-2.75m 3 0
2.75m-3m 9 1 0 54
3m-3.5m 3 0
3.5m-4m 9 1 0 54
4m-4.5m 3 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
126k-150k 2 0.3 0
151k-175k 2 1 0.1 12
176k-200k 2 3 1 0.3 4
201k-225k 4 12 1 0.5 2
226k-250k 20 42 8 0.4 2.9
251k-275k 9 11 2 0.2 4.9
276k-300k 1 4 1 0.7 1.5
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 3 0.5 2
101k-125k 5 19 3 0.6 1.6
126k-150k 18 15 1 0.1 7.2
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 1 0 24
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 83 155 15 0.3 3.2
26k-50k 244 382 67 0.3 3.8
51k-75k 121 95 19 0.1 7.6
76k-100k 47 25 3 0.1 11.3
101k-125k 21 8 2 0.1 15.8
126k-150k 9 9 2 0.2 6
151k-175k 5 3 1 0.1 10
176k-200k 8 3 1 0.1 16
201k-225k 4 5 1 0.2 4.8
226k-250k 11 6 1 0.1 11
251k-275k 1 1 0.2 6
276k-300k 10 2 1 0 30
301k-325k 4 4 2 0.2 6
326k-350k 8 3 0.1 16
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 10 3 0.1 20
501k-550k 3 2 1 0.1 9
551k-600k 8 0
601k-650k 1 0
651k-700k 3 2 0.1 9
701k-750k 5 1 0 30
751k-800k 5 0
801k-850k 3 0
851k-900k 1 2 1 0.3 3
901k-950k 1 1 0.2 6
951k-1m 5 3 3 0.1 10
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