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 18 54 15 0.5 2
151k-175k 40 87 13 0.4 2.8
176k-200k 100 148 25 0.2 4.1
201k-225k 125 221 32 0.3 3.4
226k-250k 219 350 64 0.3 3.8
251k-275k 238 350 44 0.2 4.1
276k-300k 352 464 67 0.2 4.6
301k-325k 331 369 55 0.2 5.4
326k-350k 251 244 40 0.2 6.2
351k-375k 127 152 22 0.2 5
376k-400k 129 102 11 0.1 7.6
401k-425k 72 76 12 0.2 5.7
426k-450k 47 66 7 0.2 4.3
451k-475k 29 39 4 0.2 4.5
476k-500k 32 29 4 0.2 6.6
501k-550k 46 37 6 0.1 7.5
551k-600k 28 36 8 0.2 4.7
601k-650k 27 22 3 0.1 7.4
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 3 0.2 6
851k-900k 7 7 2 0.2 6
901k-950k 6 2 0.1 18
951k-1m 12 9 1 0.1 8
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 2 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 6 0.4 2.5
226k-250k 22 44 9 0.3 3
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 19 19 2 0.2 6
151k-175k 14 6 1 0.1 14
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 83 165 18 0.3 3
26k-50k 269 392 65 0.2 4.1
51k-75k 120 90 15 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 6 2 0.2 5
226k-250k 10 6 1 0.1 10
251k-275k 1 2 0.3 3
276k-300k 11 1 0 66
301k-325k 5 4 3 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