Absorption Report

Port Charlotte, Beaumont Avenue

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
26k-50k 1 1 0.2 6
76k-100k 1 0.2 0
101k-125k 2 2 0.3 0
126k-150k 1 0
151k-175k 1 4 2 0.7 1.5
176k-200k 2 4 0.3 3
201k-225k 2 11 1 0.9 1.1
226k-250k 3 9 0.5 2
251k-275k 8 21 5 0.4 2.3
276k-300k 5 19 4 0.6 1.6
301k-325k 8 28 4 0.6 1.7
326k-350k 10 41 6 0.7 1.5
351k-375k 9 55 10 1 1
376k-400k 25 67 7 0.4 2.2
401k-425k 27 63 14 0.4 2.6
426k-450k 39 66 9 0.3 3.5
451k-475k 38 60 15 0.3 3.8
476k-500k 44 53 12 0.2 5
501k-550k 53 74 12 0.2 4.3
551k-600k 38 35 5 0.2 6.5
601k-650k 23 39 5 0.3 3.5
651k-700k 17 13 1 0.1 7.8
701k-750k 10 12 2 0.2 5
751k-800k 7 6 1 0.1 7
801k-850k 5 3 1 0.1 10
851k-900k 6 4 0.1 9
901k-950k 1 2 0.3 3
951k-1m 2 1 0.1 12
1m-1.1m 1 3 0.5 2
1.1m-1.2m 4 0
1.2m-1.3m 1 0.2 0
1.4m-1.5m 1 1 0.2 6
1.6m-1.7m 2 0
2.5m-2.75m 1 0
2.75m-3m 1 0
3m-3.5m 1 0
5.01m-6m 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
151k-175k 1 0.2 0
176k-200k 1 1 0.2 0
201k-225k 1 1 0.2 6
226k-250k 2 2 0.2 6
251k-275k 1 3 0.5 2
276k-300k 3 9 2 0.5 2
301k-325k 5 9 2 0.3 3.3
326k-350k 34 34 7 0.2 6
351k-375k 44 21 3 0.1 12.6
376k-400k 16 13 2 0.1 7.4
401k-425k 2 7 1 0.6 1.7
501k-550k 2 0.3 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
26k-50k 1 1 0.2 0
151k-175k 2 1 0.3 0
176k-200k 1 2 0.3 3
201k-225k 7 2 0 21
226k-250k 4 4 0.2 6
251k-275k 6 4 2 0.1 9
276k-300k 1 3 0.5 2
326k-350k 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
26k-50k 3 6 0.3 3
51k-75k 5 0
76k-100k 2 0
101k-125k 2 0.3 0
126k-150k 2 4 2 0.3 3
151k-175k 2 2 0.2 6
176k-200k 7 2 1 0 21
201k-225k 4 1 0 24
226k-250k 7 2 0 21
251k-275k 2 2 0.2 6
276k-300k 2 1 0.1 12
301k-325k 1 1 0.2 6
326k-350k 5 0
351k-375k 1 0
376k-400k 2 0
426k-450k 1 0
451k-475k 1 0
476k-500k 2 0
501k-550k 2 0
551k-600k 1 0
601k-650k 5 1 1 0 30
651k-700k 1 0
701k-750k 2 0
751k-800k 1 1 0.2 0
901k-950k 1 0
951k-1m 2 0
1.1m-1.2m 2 0
1.2m-1.3m 4 0
1.3m-1.4m 1 0.2 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.9m-2m 4 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0.2 0
2.75m-3m 2 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 1 0
5.01m-6m 1 0.2 0
9.01m-10m 1 0