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 17 6 0.9 1.1
176k-200k 8 36 12 0.8 1.3
201k-225k 13 39 7 0.5 2
226k-250k 26 63 9 0.4 2.5
251k-275k 45 108 15 0.4 2.5
276k-300k 94 152 18 0.3 3.7
301k-325k 90 173 29 0.3 3.1
326k-350k 100 252 41 0.4 2.4
351k-375k 99 235 38 0.4 2.5
376k-400k 120 266 48 0.4 2.7
401k-425k 98 229 32 0.4 2.6
426k-450k 105 199 25 0.3 3.2
451k-475k 79 172 27 0.4 2.8
476k-500k 113 170 25 0.3 4
501k-550k 118 242 38 0.3 2.9
551k-600k 132 160 26 0.2 5
601k-650k 78 155 14 0.3 3
651k-700k 75 111 11 0.2 4.1
701k-750k 57 98 12 0.3 3.5
751k-800k 43 83 11 0.3 3.1
801k-850k 45 73 9 0.3 3.7
851k-900k 42 60 10 0.2 4.2
901k-950k 32 41 3 0.2 4.7
951k-1m 39 44 5 0.2 5.3
1m-1.1m 27 44 6 0.3 3.7
1.1m-1.2m 29 26 3 0.1 6.7
1.2m-1.3m 25 31 5 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 11 2 0.1 7.1
2.25m-2.5m 2 7 1 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 1 0
15.01m-16m 1 0
19.01m-20m 1 0