Absorption Report

Orlando

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
51k-75k 2 0.3 0
76k-100k 3 1 0.5 0
101k-125k 1 0.2 0
126k-150k 1 8 2 1.3 0.8
151k-175k 5 13 3 0.4 2.3
176k-200k 10 35 9 0.6 1.7
201k-225k 14 40 8 0.5 2.1
226k-250k 22 65 10 0.5 2
251k-275k 41 108 11 0.4 2.3
276k-300k 99 151 19 0.3 3.9
301k-325k 89 169 25 0.3 3.2
326k-350k 102 253 40 0.4 2.4
351k-375k 98 238 38 0.4 2.5
376k-400k 119 257 41 0.4 2.8
401k-425k 104 225 29 0.4 2.8
426k-450k 107 201 29 0.3 3.2
451k-475k 71 174 25 0.4 2.4
476k-500k 110 172 31 0.3 3.8
501k-550k 118 244 41 0.3 2.9
551k-600k 129 165 24 0.2 4.7
601k-650k 82 161 18 0.3 3.1
651k-700k 78 114 12 0.2 4.1
701k-750k 57 102 13 0.3 3.4
751k-800k 42 84 11 0.3 3
801k-850k 50 72 7 0.2 4.2
851k-900k 41 61 10 0.2 4
901k-950k 30 45 3 0.3 4
951k-1m 42 42 3 0.2 6
1m-1.1m 25 44 4 0.3 3.4
1.1m-1.2m 30 26 1 0.1 6.9
1.2m-1.3m 26 33 6 0.2 4.7
1.3m-1.4m 29 33 2 0.2 5.3
1.4m-1.5m 20 14 2 0.1 8.6
1.5m-1.6m 13 21 4 0.3 3.7
1.6m-1.7m 11 8 1 0.1 8.3
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 10 10 2 0.2 6
1.9m-2m 18 5 0 21.6
2m-2.25m 12 9 1 0.1 8
2.25m-2.5m 2 7 1 0.6 1.7
2.5m-2.75m 2 2 0.2 6
2.75m-3m 6 4 1 0.1 9
3m-3.5m 5 7 1 0.2 4.3
3.5m-4m 7 4 0.1 10.5
4m-4.5m 2 0
4.5m-5m 2 1 0.1 12
5.01m-6m 2 1 0.1 12
6.01m-7m 2 0
7.01m-8m 1 0
8.01m-9m 1 0
14.01m-15m 1 0
15.01m-16m 1 0
19.01m-20m 1 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
76k-100k 1 0.2 0
151k-175k 2 0.3 0
176k-200k 1 3 1 0.5 2
201k-225k 2 5 2 0.4 2.4
226k-250k 6 17 2 0.5 2.1
251k-275k 10 15 4 0.3 4
276k-300k 14 28 4 0.3 3
301k-325k 18 24 3 0.2 4.5
326k-350k 30 31 4 0.2 5.8
351k-375k 28 48 6 0.3 3.5
376k-400k 31 53 4 0.3 3.5
401k-425k 26 54 8 0.3 2.9
426k-450k 21 44 4 0.3 2.9
451k-475k 14 16 3 0.2 5.3
476k-500k 11 17 2 0.3 3.9
501k-550k 19 26 2 0.2 4.4
551k-600k 22 20 4 0.2 6.6
601k-650k 14 16 2 0.2 5.3
651k-700k 9 15 0.3 3.6
701k-750k 8 5 0.1 9.6
751k-800k 1 2 0.3 3
801k-850k 1 2 0.3 3
851k-900k 4 3 2 0.1 8
901k-950k 1 1 0.2 6
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.7m-1.8m 1 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
51k-75k 5 6 0.2 5
76k-100k 9 9 1 0.2 6
101k-125k 24 39 1 0.3 3.7
126k-150k 78 68 11 0.1 6.9
151k-175k 135 121 19 0.1 6.7
176k-200k 163 131 15 0.1 7.5
201k-225k 141 94 7 0.1 9
226k-250k 129 103 13 0.1 7.5
251k-275k 84 53 9 0.1 9.5
276k-300k 59 33 4 0.1 10.7
301k-325k 30 15 0.1 12
326k-350k 25 17 2 0.1 8.8
351k-375k 18 13 1 0.1 8.3
376k-400k 13 6 1 0.1 13
401k-425k 3 7 1 0.4 2.6
426k-450k 8 8 0.2 6
451k-475k 5 5 1 0.2 6
476k-500k 6 7 1 0.2 5.1
501k-550k 16 20 1 0.2 4.8
551k-600k 8 6 0.1 8
601k-650k 10 5 2 0.1 12
651k-700k 4 3 0.1 8
701k-750k 3 4 1 0.2 4.5
751k-800k 2 0
801k-850k 4 1 0 24
851k-900k 2 0
901k-950k 1 0
951k-1m 3 1 0.1 18
1m-1.1m 1 0
1.1m-1.2m 1 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
4.5m-5m 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
-24,000-0 1 0
1k-25k 10 18 1 0.3 3.3
26k-50k 146 4 0 219
51k-75k 11 23 2 0.3 2.9
76k-100k 49 21 1 0.1 14
101k-125k 25 16 2 0.1 9.4
126k-150k 28 13 2 0.1 12.9
151k-175k 20 4 1 0 30
176k-200k 15 3 2 0 30
201k-225k 7 3 0.1 14
226k-250k 13 1 0 78
251k-275k 9 0
276k-300k 14 3 1 0 28
301k-325k 14 1 1 0 84
326k-350k 5 0
351k-375k 3 0
376k-400k 6 4 0.1 9
401k-425k 4 4 2 0.2 6
426k-450k 6 2 0.1 18
451k-475k 1 1 0.2 6
476k-500k 9 0
501k-550k 7 1 0 42
551k-600k 3 2 0.1 9
601k-650k 15 5 1 0.1 18
651k-700k 6 2 0.1 18
701k-750k 8 1 0 48
751k-800k 4 2 1 0.1 12
801k-850k 2 3 0.3 4
851k-900k 1 0
901k-950k 1 0
951k-1m 5 1 0 30
1m-1.1m 4 0
1.1m-1.2m 5 1 0 30
1.2m-1.3m 2 0
1.4m-1.5m 3 1 1 0.1 18
1.6m-1.7m 1 0
1.7m-1.8m 1 0.2 0
1.8m-1.9m 1 0
1.9m-2m 5 0
2m-2.25m 2 1 0.1 12
2.25m-2.5m 3 1 0.1 18
2.5m-2.75m 2 1 0.1 12
2.75m-3m 2 0
3m-3.5m 5 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
19.01m-20m 1 0
23.01m-24m 1 0