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 1 6 1 1
151k-175k 3 20 6 1.1 0.9
176k-200k 11 33 6 0.5 2
201k-225k 16 37 7 0.4 2.6
226k-250k 33 59 11 0.3 3.4
251k-275k 46 100 12 0.4 2.8
276k-300k 86 144 22 0.3 3.6
301k-325k 84 165 31 0.3 3.1
326k-350k 91 226 24 0.4 2.4
351k-375k 100 220 32 0.4 2.7
376k-400k 110 251 32 0.4 2.6
401k-425k 87 209 29 0.4 2.5
426k-450k 99 174 24 0.3 3.4
451k-475k 78 166 23 0.4 2.8
476k-500k 86 151 16 0.3 3.4
501k-550k 126 221 39 0.3 3.4
551k-600k 112 144 19 0.2 4.7
601k-650k 80 136 10 0.3 3.5
651k-700k 64 96 14 0.3 4
701k-750k 58 81 10 0.2 4.3
751k-800k 36 67 3 0.3 3.2
801k-850k 45 59 10 0.2 4.6
851k-900k 44 60 4 0.2 4.4
901k-950k 18 40 6 0.4 2.7
951k-1m 38 40 9 0.2 5.7
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 24 24 5 0.2 6
1.3m-1.4m 30 28 2 0.2 6.4
1.4m-1.5m 21 12 3 0.1 10.5
1.5m-1.6m 10 18 1 0.3 3.3
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 16 6 1 0.1 16
2m-2.25m 12 10 2 0.1 7.2
2.25m-2.5m 3 7 1 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 7 3 1 0.1 14
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 7 1 0.4 2.6
226k-250k 9 18 3 0.3 3
251k-275k 9 18 4 0.3 3
276k-300k 20 24 1 0.2 5
301k-325k 13 23 1 0.3 3.4
326k-350k 24 34 7 0.2 4.2
351k-375k 27 48 5 0.3 3.4
376k-400k 24 52 11 0.4 2.8
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 10 2 0.2 6.6
501k-550k 14 22 5 0.3 3.8
551k-600k 18 28 9 0.3 3.9
601k-650k 10 14 1 0.2 4.3
651k-700k 7 11 0.3 3.8
701k-750k 4 5 0.2 4.8
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 2 0.2 5.4
101k-125k 31 33 5 0.2 5.6
126k-150k 85 64 8 0.1 8
151k-175k 117 109 15 0.2 6.4
176k-200k 170 118 15 0.1 8.6
201k-225k 147 73 4 0.1 12.1
226k-250k 126 90 9 0.1 8.4
251k-275k 73 44 6 0.1 10
276k-300k 49 29 5 0.1 10.1
301k-325k 32 11 1 0.1 17.5
326k-350k 26 21 6 0.1 7.4
351k-375k 15 12 3 0.1 7.5
376k-400k 10 3 0.1 20
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 9 10 3 0.2 5.4
501k-550k 13 22 3 0.3 3.5
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 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 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 23 15 0.1 9.2
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 12 1 1 0 72
251k-275k 7 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 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 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 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 4 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 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