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 7 2 0.6 1.7
101k-125k 2 20 2 1.7 0.6
126k-150k 20 51 11 0.4 2.4
151k-175k 48 96 12 0.3 3
176k-200k 85 158 25 0.3 3.2
201k-225k 122 227 39 0.3 3.2
226k-250k 230 354 47 0.3 3.9
251k-275k 226 388 53 0.3 3.5
276k-300k 355 495 62 0.2 4.3
301k-325k 313 383 54 0.2 4.9
326k-350k 252 250 45 0.2 6
351k-375k 148 161 28 0.2 5.5
376k-400k 119 117 18 0.2 6.1
401k-425k 66 85 16 0.2 4.7
426k-450k 49 70 14 0.2 4.2
451k-475k 22 46 9 0.3 2.9
476k-500k 34 35 6 0.2 5.8
501k-550k 37 38 8 0.2 5.8
551k-600k 27 33 7 0.2 4.9
601k-650k 32 28 2 0.1 6.9
651k-700k 18 15 2 0.1 7.2
701k-750k 12 9 0.1 8
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 1 0.1 9
951k-1m 11 9 2 0.1 7.3
1m-1.1m 11 3 1 0 22
1.1m-1.2m 10 4 1 0.1 15
1.2m-1.3m 6 4 0.1 9
1.3m-1.4m 2 4 1 0.3 3
1.4m-1.5m 4 1 0 24
1.5m-1.6m 6 1 0 36
1.6m-1.7m 4 0
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 3 0
1.9m-2m 4 1 0 24
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 5 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 6 7 2 0.2 5.1
226k-250k 21 39 3 0.3 3.2
251k-275k 4 9 0.4 2.7
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 4 0.8 1.2
126k-150k 19 24 3 0.2 4.8
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 85 202 22 0.4 2.5
26k-50k 269 408 54 0.3 4
51k-75k 112 87 18 0.1 7.7
76k-100k 60 23 2 0.1 15.7
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 11 7 0.1 9.4
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 1 0.1 12
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