Absorption Report

Orlando, FL

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 1 1 0.2 6
76k-100k 2 2 0.2 6
101k-125k 2 1 0.1 12
126k-150k 1 6 1 1
151k-175k 3 21 6 1.2 0.9
176k-200k 12 34 7 0.5 2.1
201k-225k 16 40 7 0.4 2.4
226k-250k 34 61 13 0.3 3.3
251k-275k 44 101 15 0.4 2.6
276k-300k 87 144 25 0.3 3.6
301k-325k 83 171 38 0.3 2.9
326k-350k 90 227 31 0.4 2.4
351k-375k 101 222 37 0.4 2.7
376k-400k 110 256 37 0.4 2.6
401k-425k 86 211 34 0.4 2.4
426k-450k 101 177 26 0.3 3.4
451k-475k 79 167 25 0.4 2.8
476k-500k 84 154 18 0.3 3.3
501k-550k 125 223 43 0.3 3.4
551k-600k 111 146 23 0.2 4.6
601k-650k 77 139 17 0.3 3.3
651k-700k 61 97 16 0.3 3.8
701k-750k 58 82 11 0.2 4.2
751k-800k 34 72 5 0.4 2.8
801k-850k 46 61 13 0.2 4.5
851k-900k 45 60 5 0.2 4.5
901k-950k 18 40 8 0.4 2.7
951k-1m 36 41 10 0.2 5.3
1m-1.1m 28 44 7 0.3 3.8
1.1m-1.2m 32 24 4 0.1 8
1.2m-1.3m 24 26 5 0.2 5.5
1.3m-1.4m 30 28 2 0.2 6.4
1.4m-1.5m 21 13 4 0.1 9.7
1.5m-1.6m 11 18 1 0.3 3.7
1.6m-1.7m 9 6 1 0.1 9
1.7m-1.8m 11 10 1 0.2 6.6
1.8m-1.9m 11 8 1 0.1 8.3
1.9m-2m 14 6 1 0.1 14
2m-2.25m 12 10 2 0.1 7.2
2.25m-2.5m 3 7 2 0.4 2.6
2.5m-2.75m 2 3 0.3 4
2.75m-3m 5 3 1 0.1 10
3m-3.5m 6 6 2 0.2 6
3.5m-4m 8 3 1 0.1 16
4m-4.5m 1 0
4.5m-5m 2 1 0.1 12
5.01m-6m 2 1 1 0.1 12
6.01m-7m 1 0
7.01m-8m 1 0
9.01m-10m 2 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
76k-100k 1 0.2 0
151k-175k 1 2 0.3 3
176k-200k 1 3 1 0.5 2
201k-225k 3 6 1 0.3 3
226k-250k 9 19 4 0.4 2.8
251k-275k 8 19 5 0.4 2.5
276k-300k 21 24 2 0.2 5.3
301k-325k 13 23 3 0.3 3.4
326k-350k 24 35 9 0.2 4.1
351k-375k 27 49 6 0.3 3.3
376k-400k 26 52 13 0.3 3
401k-425k 25 51 6 0.3 2.9
426k-450k 22 30 5 0.2 4.4
451k-475k 8 12 2 0.3 4
476k-500k 11 10 2 0.2 6.6
501k-550k 14 22 5 0.3 3.8
551k-600k 19 28 10 0.2 4.1
601k-650k 10 14 1 0.2 4.3
651k-700k 8 11 0.2 4.4
701k-750k 3 5 0.3 3.6
751k-800k 2 1 0.1 12
801k-850k 1 1 0.2 6
851k-900k 5 3 0.1 10
901k-950k 1 0.2 0
1m-1.1m 1 1 0.2 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.3m-1.4m 1 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
51k-75k 4 6 0.3 4
76k-100k 9 10 4 0.2 5.4
101k-125k 32 34 6 0.2 5.6
126k-150k 85 66 9 0.1 7.7
151k-175k 115 111 15 0.2 6.2
176k-200k 168 122 18 0.1 8.3
201k-225k 146 73 7 0.1 12
226k-250k 127 90 11 0.1 8.5
251k-275k 73 44 7 0.1 10
276k-300k 47 29 7 0.1 9.7
301k-325k 33 11 1 0.1 18
326k-350k 25 21 6 0.1 7.1
351k-375k 16 12 3 0.1 8
376k-400k 10 4 0.1 15
401k-425k 9 6 1 0.1 9
426k-450k 7 5 0.1 8.4
451k-475k 6 5 2 0.1 7.2
476k-500k 8 10 3 0.2 4.8
501k-550k 14 22 3 0.3 3.8
551k-600k 12 4 0.1 18
601k-650k 9 4 1 0.1 13.5
651k-700k 6 3 1 0.1 12
701k-750k 1 4 0.7 1.5
751k-800k 1 0
801k-850k 4 0
851k-900k 2 2 1 0.2 6
901k-950k 1 1 1 0.2 6
951k-1m 2 1 0.1 12
1m-1.1m 1 0
1.1m-1.2m 1 1 0.2 6
1.4m-1.5m 1 2 0.3 3
1.6m-1.7m 1 0
1.8m-1.9m 1 0

Land 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
-24,000-0 1 0
1k-25k 17 13 1 0.1 7.8
26k-50k 137 7 2 0 117.4
51k-75k 10 21 1 0.4 2.9
76k-100k 43 21 4 0.1 12.3
101k-125k 22 16 0.1 8.3
126k-150k 25 14 4 0.1 10.7
151k-175k 18 7 3 0.1 15.4
176k-200k 14 4 1 0 21
201k-225k 7 3 0.1 14
226k-250k 12 1 1 0 72
251k-275k 6 0
276k-300k 8 3 0.1 16
301k-325k 11 1 0 66
326k-350k 3 1 1 0.1 18
351k-375k 1 1 1 0.2 6
376k-400k 6 2 0.1 18
401k-425k 4 3 0.1 8
426k-450k 8 1 0 48
451k-475k 3 0
476k-500k 7 0
501k-550k 6 1 0 36
551k-600k 4 1 0 24
601k-650k 15 4 0 22.5
651k-700k 8 2 0 24
701k-750k 7 1 0 42
751k-800k 3 2 0.1 9
801k-850k 2 3 0.3 4
851k-900k 2 0
901k-950k 2 0
951k-1m 5 0
1m-1.1m 2 0
1.1m-1.2m 4 1 0 24
1.2m-1.3m 2 0
1.4m-1.5m 2 1 0.1 12
1.8m-1.9m 2 0
1.9m-2m 4 0
2m-2.25m 2 1 1 0.1 12
2.25m-2.5m 4 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 0
3m-3.5m 4 0
3.5m-4m 1 0.2 0
4m-4.5m 1 0
4.5m-5m 2 0
6.01m-7m 1 0
8.01m-9m 1 0
11.01m-12m 1 0
19.01m-20m 1 0
23.01m-24m 1 0