Absorption Report

Orlando, Devie

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
151k-175k 2 0.3 0
176k-200k 1 1 0.2 0
201k-225k 1 0
226k-250k 4 2 1 0.1 12
251k-275k 3 6 0.3 3
276k-300k 13 6 2 0.1 13
301k-325k 11 13 2 0.2 5.1
326k-350k 13 22 3 0.3 3.5
351k-375k 20 14 1 0.1 8.6
376k-400k 21 21 3 0.2 6
401k-425k 22 17 2 0.1 7.8
426k-450k 19 9 1 0.1 12.7
451k-475k 13 15 1 0.2 5.2
476k-500k 24 14 2 0.1 10.3
501k-550k 25 18 6 0.1 8.3
551k-600k 26 15 6 0.1 10.4
601k-650k 13 11 2 0.1 7.1
651k-700k 11 1 0 66
701k-750k 13 6 0.1 13
751k-800k 2 1 0.3 0
801k-850k 2 1 0.1 12
851k-900k 1 2 1 0.3 3
901k-950k 1 0.2 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
226k-250k 2 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 2 1 0.3 0
101k-125k 1 0
126k-150k 2 0
151k-175k 3 0
176k-200k 3 3 1 0.2 6
201k-225k 2 2 0.2 6
226k-250k 14 2 0 42
251k-275k 2 4 0.3 3
276k-300k 1 1 0.2 6
351k-375k 1 0
376k-400k 1 0
426k-450k 1 0

Land 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
1k-25k 14 44 11 0.5 1.9
26k-50k 207 50 10 0 24.8
51k-75k 115 29 8 0 23.8
76k-100k 47 2 1 0 141
101k-125k 11 0
126k-150k 6 0
151k-175k 2 2 0.2 6
176k-200k 4 0
276k-300k 1 0
326k-350k 3 0
376k-400k 1 0.2 0
401k-425k 1 0
451k-475k 2 0
476k-500k 1 0
601k-650k 1 0
751k-800k 1 0
1.1m-1.2m 1 1 0.2 0
1.4m-1.5m 1 0
2.75m-3m 1 0