Absorption Report

Orlando, House, Wyndham Lakes Elementary

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 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
101k-125k 1 0.2 0
126k-150k 2 2 0.2 6
151k-175k 4 0.7 0
176k-200k 1 6 1 1 1
201k-225k 7 9 2 0.2 4.7
226k-250k 10 17 6 0.3 3.5
251k-275k 12 31 10 0.4 2.3
276k-300k 27 67 15 0.4 2.4
301k-325k 62 95 20 0.3 3.9
326k-350k 132 92 12 0.1 8.6
351k-375k 101 67 12 0.1 9
376k-400k 93 47 16 0.1 11.9
401k-425k 79 33 9 0.1 14.4
426k-450k 45 26 4 0.1 10.4
451k-475k 25 18 3 0.1 8.3
476k-500k 16 14 4 0.1 6.9
501k-550k 25 17 5 0.1 8.8
551k-600k 28 15 5 0.1 11.2
601k-650k 18 5 0 21.6
651k-700k 14 7 0.1 12
701k-750k 13 6 2 0.1 13
751k-800k 9 5 3 0.1 10.8
801k-850k 5 4 0.1 7.5
851k-900k 9 1 0 54
901k-950k 5 2 0.1 15
951k-1m 5 2 0.1 15
1m-1.1m 5 1 0 30
1.1m-1.2m 6 2 0.1 18
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 2 0
2.5m-2.75m 1 0

Townhouses 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
151k-175k 1 1 0.2 0
276k-300k 1 0.2 0
451k-475k 2 0
476k-500k 2 0
551k-600k 3 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
76k-100k 1 0
101k-125k 3 2 0.5 0
126k-150k 3 5 0.3 3.6
151k-175k 9 5 0.1 10.8
176k-200k 3 2 1 0.1 9
201k-225k 7 2 0 21
226k-250k 2 3 3 0.3 4
251k-275k 8 2 1 0 24
276k-300k 3 2 1 0.1 9
301k-325k 1 1 0.2 0
351k-375k 6 0
376k-400k 4 0
401k-425k 3 0
426k-450k 1 0.2 0
451k-475k 1 0