Absorption Report

Orlando, FL, New Construction

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
151k-175k 2 1 0.1 12
176k-200k 2 0.3 0
201k-225k 1 2 0.3 3
226k-250k 2 6 0.5 2
251k-275k 7 12 0.3 3.5
276k-300k 10 15 0.3 4
301k-325k 12 24 4 0.3 3
326k-350k 17 50 3 0.5 2
351k-375k 22 41 3 0.3 3.2
376k-400k 20 41 6 0.3 2.9
401k-425k 18 43 5 0.4 2.5
426k-450k 22 31 2 0.2 4.3
451k-475k 19 40 14 0.4 2.9
476k-500k 21 41 6 0.3 3.1
501k-550k 21 59 11 0.5 2.1
551k-600k 35 39 3 0.2 5.4
601k-650k 33 40 4 0.2 5
651k-700k 26 35 0.2 4.5
701k-750k 18 26 2 0.2 4.2
751k-800k 16 27 2 0.3 3.6
801k-850k 14 33 3 0.4 2.5
851k-900k 21 31 4 0.2 4.1
901k-950k 15 20 1 0.2 4.5
951k-1m 24 17 2 0.1 8.5
1m-1.1m 11 18 1 0.3 3.7
1.1m-1.2m 13 8 1 0.1 9.8
1.2m-1.3m 8 7 0.1 6.9
1.3m-1.4m 18 13 1 0.1 8.3
1.4m-1.5m 6 6 1 0.2 6
1.5m-1.6m 4 10 1 0.4 2.4
1.6m-1.7m 4 4 0.2 6
1.7m-1.8m 8 7 2 0.1 6.9
1.8m-1.9m 4 6 0.3 4
1.9m-2m 6 5 1 0.1 7.2
2m-2.25m 2 5 0.4 2.4
2.25m-2.5m 5 0.8 0
2.5m-2.75m 1 2 0.3 3
2.75m-3m 1 1 0.2 6
3m-3.5m 4 0
3.5m-4m 6 2 0.1 18
4m-4.5m 1 0
4.5m-5m 2 0
7.01m-8m 1 0
14.01m-15m 1 0

Townhouses 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
176k-200k 1 1 0.2 6
201k-225k 2 0.3 0
226k-250k 2 0.3 0
251k-275k 2 0.3 0
276k-300k 3 4 0.2 4.5
301k-325k 2 6 1 0.5 2
326k-350k 2 4 2 0.3 3
351k-375k 3 7 2 0.4 2.6
376k-400k 5 19 1 0.6 1.6
401k-425k 7 24 7 0.6 1.8
426k-450k 5 17 1 0.6 1.8
451k-475k 5 9 2 0.3 3.3
476k-500k 7 9 0.2 4.7
501k-550k 5 10 2 0.3 3
551k-600k 14 10 3 0.1 8.4
601k-650k 6 10 0.3 3.6
651k-700k 3 10 0.6 1.8
701k-750k 3 3 0.2 6
751k-800k 1 1 0.2 6
801k-850k 1 0
851k-900k 1 1 0.2 6
901k-950k 1 0.2 0
1.6m-1.7m 1 0

Condos 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
101k-125k 5 6 0.2 5
126k-150k 6 12 3 0.3 3
151k-175k 17 21 3 0.2 4.9
176k-200k 22 24 2 0.2 5.5
201k-225k 22 14 3 0.1 9.4
226k-250k 16 17 2 0.2 5.6
251k-275k 17 10 0.1 10.2
276k-300k 8 7 0.1 6.9
301k-325k 9 1 1 0 54
326k-350k 3 6 2 0.3 3
351k-375k 6 4 0.1 9
376k-400k 3 0
401k-425k 1 2 1 0.3 3
426k-450k 2 4 0.3 3
451k-475k 1 1 0.2 6
476k-500k 2 5 0.4 2.4
501k-550k 4 7 1 0.3 3.4
551k-600k 2 1 0.1 12
601k-650k 2 1 0.1 12
651k-700k 1 0.2 0
701k-750k 2 0.3 0
801k-850k 2 0
1m-1.1m 1 0
1.4m-1.5m 1 0.2 0
1.6m-1.7m 1 0
1.8m-1.9m 1 0