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 0.3 0
101k-125k 2 0.3 0
126k-150k 2 7 0.6 1.7
151k-175k 4 18 7 0.8 1.3
176k-200k 9 34 9 0.6 1.6
201k-225k 12 39 7 0.5 1.8
226k-250k 27 61 8 0.4 2.7
251k-275k 44 107 12 0.4 2.5
276k-300k 94 148 17 0.3 3.8
301k-325k 84 166 22 0.3 3
326k-350k 99 241 27 0.4 2.5
351k-375k 97 224 28 0.4 2.6
376k-400k 121 261 40 0.4 2.8
401k-425k 94 220 24 0.4 2.6
426k-450k 110 188 17 0.3 3.5
451k-475k 78 175 32 0.4 2.7
476k-500k 107 160 17 0.2 4
501k-550k 123 231 34 0.3 3.2
551k-600k 127 153 18 0.2 5
601k-650k 79 147 14 0.3 3.2
651k-700k 74 108 9 0.2 4.1
701k-750k 55 94 10 0.3 3.5
751k-800k 41 79 10 0.3 3.1
801k-850k 42 68 9 0.3 3.7
851k-900k 43 61 9 0.2 4.2
901k-950k 26 37 3 0.2 4.2
951k-1m 40 43 6 0.2 5.6
1m-1.1m 25 43 5 0.3 3.5
1.1m-1.2m 30 23 3 0.1 7.8
1.2m-1.3m 26 27 3 0.2 5.8
1.3m-1.4m 33 31 2 0.2 6.4
1.4m-1.5m 24 14 2 0.1 10.3
1.5m-1.6m 12 19 3 0.3 3.8
1.6m-1.7m 10 9 1 0.2 6.7
1.7m-1.8m 11 10 1 0.2 6.6
1.8m-1.9m 10 11 1 0.2 5.5
1.9m-2m 15 6 1 0.1 15
2m-2.25m 11 11 1 0.2 6
2.25m-2.5m 1 7 1.2 0.9
2.5m-2.75m 2 2 0.2 6
2.75m-3m 7 4 0.1 10.5
3m-3.5m 6 7 0.2 5.1
3.5m-4m 8 4 0.1 12
4m-4.5m 2 0
4.5m-5m 2 1 0.1 12
5.01m-6m 2 1 0.1 12
6.01m-7m 1 0
7.01m-8m 1 0
9.01m-10m 1 0
14.01m-15m 2 0