Absorption Report

Orlando, Multi-unit, Waterford Lakes

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 23% 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 1 0.2 6
126k-150k 1 0.2 0
151k-175k 1 0.2 0
176k-200k 6 1 1 0
201k-225k 1 13 5 2.2 0.5
226k-250k 8 24 6 0.5 2
251k-275k 9 37 9 0.7 1.5
276k-300k 49 148 30 0.5 2
301k-325k 113 280 49 0.4 2.4
326k-350k 213 355 75 0.3 3.6
351k-375k 160 271 49 0.3 3.5
376k-400k 265 285 66 0.2 5.6
401k-425k 175 178 38 0.2 5.9
426k-450k 235 190 35 0.1 7.4
451k-475k 143 105 26 0.1 8.2
476k-500k 167 117 26 0.1 8.6
501k-550k 224 152 33 0.1 8.8
551k-600k 183 143 28 0.1 7.7
601k-650k 149 96 18 0.1 9.3
651k-700k 104 67 18 0.1 9.3
701k-750k 93 61 17 0.1 9.1
751k-800k 86 42 10 0.1 12.3
801k-850k 52 37 5 0.1 8.4
851k-900k 62 32 7 0.1 11.6
901k-950k 31 21 3 0.1 8.9
951k-1m 57 35 11 0.1 9.8
1m-1.1m 46 31 7 0.1 8.9
1.1m-1.2m 48 28 2 0.1 10.3
1.2m-1.3m 39 28 7 0.1 8.4
1.3m-1.4m 37 19 3 0.1 11.7
1.4m-1.5m 27 14 3 0.1 11.6
1.5m-1.6m 22 7 0.1 18.9
1.6m-1.7m 14 8 0.1 10.5
1.7m-1.8m 15 4 0 22.5
1.8m-1.9m 9 6 0.1 9
1.9m-2m 16 4 3 0 24
2m-2.25m 15 4 1 0 22.5
2.25m-2.5m 19 5 3 0 22.8
2.5m-2.75m 12 4 2 0.1 18
2.75m-3m 7 2 1 0 21
3m-3.5m 4 5 1 0.2 4.8
3.5m-4m 6 1 0 36
4m-4.5m 2 0
4.5m-5m 3 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 1 0
11.01m-12m 1 0