Absorption Report

Oldsmar, Townhouse

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 19% 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
201k-225k 2 0.3 0
226k-250k 1 0.2 0
251k-275k 1 0.2 0
276k-300k 1 6 1 1 1
301k-325k 22 31 5 0.2 4.3
326k-350k 35 50 8 0.2 4.2
351k-375k 37 48 14 0.2 4.6
376k-400k 67 68 20 0.2 5.9
401k-425k 44 52 10 0.2 5.1
426k-450k 69 52 12 0.1 8
451k-475k 49 24 6 0.1 12.3
476k-500k 40 38 10 0.2 6.3
501k-550k 64 44 10 0.1 8.7
551k-600k 52 43 10 0.1 7.3
601k-650k 46 25 5 0.1 11
651k-700k 25 13 5 0.1 11.5
701k-750k 21 8 1 0.1 15.8
751k-800k 25 9 1 0.1 16.7
801k-850k 10 13 0.2 4.6
851k-900k 12 8 1 0.1 9
901k-950k 4 5 0.2 4.8
951k-1m 7 6 3 0.1 7
1m-1.1m 12 5 2 0.1 14.4
1.1m-1.2m 10 4 1 0.1 15
1.2m-1.3m 7 5 3 0.1 8.4
1.3m-1.4m 16 5 1 0.1 19.2
1.4m-1.5m 6 0
1.5m-1.6m 7 1 0 42
1.6m-1.7m 3 2 0.1 9
1.8m-1.9m 2 0
1.9m-2m 5 1 1 0 30
2m-2.25m 4 1 1 0 24
2.25m-2.5m 4 1 1 0 24
2.5m-2.75m 3 0
3m-3.5m 2 0
3.5m-4m 3 0
4.5m-5m 1 0
5.01m-6m 2 0
6.01m-7m 1 0
11.01m-12m 1 0

Townhouses 15% 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
276k-300k 2 2 1 0.2 6
301k-325k 4 5 0.2 4.8
326k-350k 1 1 0.2 6
351k-375k 1 0.2 0
376k-400k 1 0
551k-600k 1 0
701k-750k 1 1 0.2 6
751k-800k 1 0.2 0
951k-1m 1 0
1m-1.1m 4 0.7 0

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
176k-200k 1 1 0.2 0
201k-225k 1 0.2 0
251k-275k 9 1 1 0 54
276k-300k 7 2 0 21
301k-325k 1 0
351k-375k 1 0.2 0
376k-400k 1 0
501k-550k 1 0
701k-750k 1 0
1.1m-1.2m 1 0
1.7m-1.8m 1 1 0.2 0