Absorption Report

Ocoee

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 Since 12/31 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 0.3 0
51k-75k 1 2 0.3 3
76k-100k 1 9 2 1.5 0.7
101k-125k 3 20 1 1.1 0.9
126k-150k 19 49 10 0.4 2.3
151k-175k 53 93 12 0.3 3.4
176k-200k 87 160 28 0.3 3.3
201k-225k 119 230 35 0.3 3.1
226k-250k 222 354 43 0.3 3.8
251k-275k 225 385 44 0.3 3.5
276k-300k 347 502 72 0.2 4.1
301k-325k 304 389 62 0.2 4.7
326k-350k 255 248 38 0.2 6.2
351k-375k 144 168 24 0.2 5.1
376k-400k 120 114 17 0.2 6.3
401k-425k 65 78 9 0.2 5
426k-450k 48 69 12 0.2 4.2
451k-475k 23 48 8 0.3 2.9
476k-500k 30 37 7 0.2 4.9
501k-550k 37 39 11 0.2 5.7
551k-600k 31 32 4 0.2 5.8
601k-650k 30 27 0.2 6.7
651k-700k 20 15 3 0.1 8
701k-750k 11 9 0.1 7.3
751k-800k 12 6 2 0.1 12
801k-850k 9 8 1 0.1 6.8
851k-900k 7 6 0.1 7
901k-950k 5 4 1 0.1 7.5
951k-1m 11 9 2 0.1 7.3
1m-1.1m 12 3 1 0 24
1.1m-1.2m 10 4 0.1 15
1.2m-1.3m 7 5 1 0.1 8.4
1.3m-1.4m 3 3 0.2 6
1.4m-1.5m 5 1 0 30
1.5m-1.6m 4 1 0 24
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 9 2 1 0 27
2.5m-2.75m 4 0
2.75m-3m 7 0
3m-3.5m 4 0
3.5m-4m 7 1 1 0 42
4m-4.5m 3 0
4.5m-5m 1 0
5.01m-6m 1 0
7.01m-8m 1 0
8.01m-9m 1 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 Since 12/31 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 3 5 1 0.3 3.6
201k-225k 8 7 2 0.1 6.9
226k-250k 15 38 3 0.4 2.4
251k-275k 11 10 0.2 6.6
276k-300k 1 1 0.2 6
301k-325k 1 0.2 0
326k-350k 1 0
476k-500k 1 0
651k-700k 1 0.2 0
751k-800k 1 2 1 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 Since 12/31 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 3 3 1 0.2 6
101k-125k 6 20 4 0.6 1.8
126k-150k 18 23 3 0.2 4.7
151k-175k 15 7 2 0.1 12.9
176k-200k 5 2 0.1 15
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 Since 12/31 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 67 207 26 0.5 1.9
26k-50k 253 419 53 0.3 3.6
51k-75k 107 84 17 0.1 7.6
76k-100k 58 25 2 0.1 13.9
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 1 0 30
201k-225k 4 6 1 0.3 4
226k-250k 10 7 0.1 8.6
251k-275k 1 2 1 0.3 3
276k-300k 9 1 0 54
301k-325k 5 1 0 30
326k-350k 6 3 1 0.1 12
351k-375k 2 2 2 0.2 6
376k-400k 3 1 0.1 18
401k-425k 2 2 0.2 6
426k-450k 3 0
476k-500k 10 2 0 30
501k-550k 4 2 0.1 12
551k-600k 9 0
601k-650k 1 1 0.2 6
651k-700k 4 1 0 24
701k-750k 5 1 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 5 1 0 30
1.2m-1.3m 2 3 1 0.3 4
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 7 2 0 21
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