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 2 7 1 0.6 1.7
151k-175k 3 18 7 1 1
176k-200k 8 36 11 0.8 1.3
201k-225k 13 39 7 0.5 2
226k-250k 28 64 8 0.4 2.6
251k-275k 44 107 13 0.4 2.5
276k-300k 95 151 18 0.3 3.8
301k-325k 87 171 29 0.3 3.1
326k-350k 100 246 32 0.4 2.4
351k-375k 98 226 36 0.4 2.6
376k-400k 123 264 44 0.4 2.8
401k-425k 96 225 26 0.4 2.6
426k-450k 109 198 20 0.3 3.3
451k-475k 82 174 28 0.4 2.8
476k-500k 107 167 21 0.3 3.8
501k-550k 116 236 32 0.3 2.9
551k-600k 131 157 22 0.2 5
601k-650k 76 150 14 0.3 3
651k-700k 75 110 9 0.2 4.1
701k-750k 57 96 10 0.3 3.6
751k-800k 43 81 10 0.3 3.2
801k-850k 42 68 9 0.3 3.7
851k-900k 42 61 10 0.2 4.1
901k-950k 32 40 3 0.2 4.8
951k-1m 40 44 4 0.2 5.5
1m-1.1m 26 43 6 0.3 3.6
1.1m-1.2m 29 26 3 0.1 6.7
1.2m-1.3m 27 27 4 0.2 6
1.3m-1.4m 33 32 2 0.2 6.2
1.4m-1.5m 23 14 3 0.1 9.9
1.5m-1.6m 14 20 2 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 1 0.2 6
1.9m-2m 15 6 1 0.1 15
2m-2.25m 11 11 1 0.2 6
2.25m-2.5m 2 7 0.6 1.7
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 2 0
19.01m-20m 1 0