Absorption Report: Orlando, FL | Homes by Marco

Absorption Report


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 2 6 0.5 2
151k-175k 3 20 6 1.1 0.9
176k-200k 9 34 7 0.6 1.6
201k-225k 15 37 7 0.4 2.4
226k-250k 35 60 12 0.3 3.5
251k-275k 45 100 12 0.4 2.7
276k-300k 83 145 23 0.3 3.4
301k-325k 83 166 32 0.3 3
326k-350k 89 226 24 0.4 2.4
351k-375k 98 220 32 0.4 2.7
376k-400k 113 251 32 0.4 2.7
401k-425k 87 211 31 0.4 2.5
426k-450k 99 174 24 0.3 3.4
451k-475k 74 166 23 0.4 2.7
476k-500k 84 152 16 0.3 3.3
501k-550k 128 221 39 0.3 3.5
551k-600k 110 147 22 0.2 4.5
601k-650k 80 136 10 0.3 3.5
651k-700k 63 96 14 0.3 3.9
701k-750k 58 81 10 0.2 4.3
751k-800k 36 67 3 0.3 3.2
801k-850k 44 59 9 0.2 4.5
851k-900k 46 60 4 0.2 4.6
901k-950k 16 40 6 0.4 2.4
951k-1m 37 40 9 0.2 5.6
1m-1.1m 27 43 7 0.3 3.8
1.1m-1.2m 33 24 4 0.1 8.3
1.2m-1.3m 26 24 5 0.2 6.5
1.3m-1.4m 29 28 2 0.2 6.2
1.4m-1.5m 20 12 3 0.1 10
1.5m-1.6m 11 18 1 0.3 3.7
1.6m-1.7m 9 7 2 0.1 7.7
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 16 6 1 0.1 16
2m-2.25m 13 10 2 0.1 7.8
2.25m-2.5m 3 7 1 0.4 2.6
2.5m-2.75m 2 3 0.3 4
2.75m-3m 5 4 2 0.1 7.5
3m-3.5m 6 6 2 0.2 6
3.5m-4m 7 3 1 0.1 14
4m-4.5m 1 0
4.5m-5m 2 1 0.1 12
5.01m-6m 3 1 1 0.1 18
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 2 3 1 0.3 4
201k-225k 3 7 1 0.4 2.6
226k-250k 9 18 2 0.3 3
251k-275k 9 18 4 0.3 3
276k-300k 21 24 1 0.2 5.3
301k-325k 13 23 1 0.3 3.4
326k-350k 23 34 7 0.2 4.1
351k-375k 29 48 5 0.3 3.6
376k-400k 26 52 11 0.3 3
401k-425k 25 50 6 0.3 3
426k-450k 21 29 5 0.2 4.3
451k-475k 7 12 3 0.3 3.5
476k-500k 11 11 3 0.2 6
501k-550k 14 22 5 0.3 3.8
551k-600k 18 28 9 0.3 3.9
601k-650k 9 14 1 0.3 3.9
651k-700k 7 12 0.3 3.5
701k-750k 4 6 0.3 4
751k-800k 2 1 0.1 12
801k-850k 1 1 0.2 6
851k-900k 4 3 0.1 8
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 2 0.2 5.4
101k-125k 32 33 5 0.2 5.8
126k-150k 86 65 9 0.1 7.9
151k-175k 119 109 15 0.2 6.6
176k-200k 171 119 16 0.1 8.6
201k-225k 149 73 4 0.1 12.2
226k-250k 127 90 9 0.1 8.5
251k-275k 75 44 6 0.1 10.2
276k-300k 49 29 5 0.1 10.1
301k-325k 32 11 1 0.1 17.5
326k-350k 27 21 6 0.1 7.7
351k-375k 14 12 3 0.1 7
376k-400k 11 3 0 22
401k-425k 9 6 1 0.1 9
426k-450k 7 5 0.1 8.4
451k-475k 6 5 1 0.1 7.2
476k-500k 10 10 3 0.2 6
501k-550k 12 22 3 0.3 3.3
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 0.2 6
901k-950k 1 1 1 0.2 6
951k-1m 2 0
1m-1.1m 1 0
1.1m-1.2m 1 0.2 0
1.2m-1.3m 1 0
1.4m-1.5m 1 2 0.3 3
1.6m-1.7m 1 0
1.8m-1.9m 1 0
2m-2.25m 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 16 12 1 0.1 8
26k-50k 137 7 2 0 117.4
51k-75k 10 17 1 0.3 3.5
76k-100k 43 21 2 0.1 12.3
101k-125k 22 15 0.1 8.8
126k-150k 25 13 3 0.1 11.5
151k-175k 20 7 2 0.1 17.1
176k-200k 14 4 1 0 21
201k-225k 7 3 0.1 14
226k-250k 11 1 1 0 66
251k-275k 7 0
276k-300k 7 3 0.1 14
301k-325k 11 1 0 66
326k-350k 4 1 1 0 24
351k-375k 1 1 1 0.2 6
376k-400k 7 2 0 21
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 3 0 30
651k-700k 8 2 0 24
701k-750k 6 1 0 36
751k-800k 3 2 0.1 9
801k-850k 2 3 0.3 4
851k-900k 2 0
901k-950k 1 0
951k-1m 5 0
1m-1.1m 2 0
1.1m-1.2m 4 0
1.2m-1.3m 2 0
1.4m-1.5m 2 1 0.1 12
1.8m-1.9m 2 0
1.9m-2m 3 0
2m-2.25m 2 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 3 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