Absorption Report

Orlando, FL, House

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
51k-75k 2 0.3 0
76k-100k 2 1 0.3 0
101k-125k 1 0.2 0
126k-150k 1 7 1 1.2 0.9
151k-175k 3 15 4 0.8 1.2
176k-200k 7 35 11 0.8 1.2
201k-225k 15 39 7 0.4 2.3
226k-250k 27 62 8 0.4 2.6
251k-275k 44 108 15 0.4 2.4
276k-300k 92 152 18 0.3 3.6
301k-325k 89 171 27 0.3 3.1
326k-350k 102 249 38 0.4 2.5
351k-375k 99 235 38 0.4 2.5
376k-400k 121 264 46 0.4 2.8
401k-425k 95 228 31 0.4 2.5
426k-450k 111 199 25 0.3 3.3
451k-475k 77 168 24 0.4 2.8
476k-500k 117 168 23 0.2 4.2
501k-550k 120 239 35 0.3 3
551k-600k 133 159 25 0.2 5
601k-650k 79 155 14 0.3 3.1
651k-700k 77 111 11 0.2 4.2
701k-750k 58 98 12 0.3 3.6
751k-800k 43 82 10 0.3 3.1
801k-850k 46 73 9 0.3 3.8
851k-900k 42 60 10 0.2 4.2
901k-950k 30 41 3 0.2 4.4
951k-1m 41 43 4 0.2 5.7
1m-1.1m 27 44 6 0.3 3.7
1.1m-1.2m 30 26 3 0.1 6.9
1.2m-1.3m 24 30 4 0.2 4.8
1.3m-1.4m 32 32 3 0.2 6
1.4m-1.5m 22 14 3 0.1 9.4
1.5m-1.6m 14 20 4 0.2 4.2
1.6m-1.7m 10 9 2 0.2 6.7
1.7m-1.8m 11 9 0.1 7.3
1.8m-1.9m 11 11 2 0.2 6
1.9m-2m 14 6 1 0.1 14
2m-2.25m 13 10 1 0.1 7.8
2.25m-2.5m 1 7 1 1.2 0.9
2.5m-2.75m 2 2 0.2 6
2.75m-3m 6 4 1 0.1 9
3m-3.5m 6 7 0.2 5.1
3.5m-4m 7 4 0.1 10.5
4m-4.5m 2 0
4.5m-5m 2 1 0.1 12
5.01m-6m 1 1 0.2 6
6.01m-7m 1 0
7.01m-8m 1 0
9.01m-10m 1 0
14.01m-15m 1 0
15.01m-16m 1 0
19.01m-20m 1 0