Absorption Report

Punta Gorda

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
101k-125k 1 1 0.2 6
126k-150k 1 2 0.3 3
151k-175k 1 4 0.7 1.5
176k-200k 8 7 1 0.1 6.9
201k-225k 3 9 3 0.5 2
226k-250k 18 23 0.2 4.7
251k-275k 18 30 5 0.3 3.6
276k-300k 21 40 9 0.3 3.2
301k-325k 23 44 7 0.3 3.1
326k-350k 52 66 11 0.2 4.7
351k-375k 60 78 15 0.2 4.6
376k-400k 70 82 14 0.2 5.1
401k-425k 48 96 18 0.3 3
426k-450k 68 77 12 0.2 5.3
451k-475k 41 79 10 0.3 3.1
476k-500k 59 90 15 0.3 3.9
501k-550k 87 125 19 0.2 4.2
551k-600k 95 89 12 0.2 6.4
601k-650k 65 81 16 0.2 4.8
651k-700k 54 71 10 0.2 4.6
701k-750k 37 67 8 0.3 3.3
751k-800k 52 59 7 0.2 5.3
801k-850k 37 43 5 0.2 5.2
851k-900k 27 45 7 0.3 3.6
901k-950k 19 21 2 0.2 5.4
951k-1m 23 35 4 0.3 3.9
1m-1.1m 30 33 5 0.2 5.5
1.1m-1.2m 28 31 4 0.2 5.4
1.2m-1.3m 31 36 7 0.2 5.2
1.3m-1.4m 18 33 7 0.3 3.3
1.4m-1.5m 18 21 3 0.2 5.1
1.5m-1.6m 12 24 5 0.3 3
1.6m-1.7m 13 20 3 0.3 3.9
1.7m-1.8m 19 13 1 0.1 8.8
1.8m-1.9m 14 13 2 0.2 6.5
1.9m-2m 11 11 3 0.2 6
2m-2.25m 21 12 1 0.1 10.5
2.25m-2.5m 31 17 1 0.1 10.9
2.5m-2.75m 12 15 7 0.2 4.8
2.75m-3m 19 8 1 0.1 14.3
3m-3.5m 12 7 1 0.1 10.3
3.5m-4m 20 7 2 0.1 17.1
4m-4.5m 13 4 1 0.1 19.5
4.5m-5m 13 2 1 0 39
5.01m-6m 17 2 0 51
6.01m-7m 4 2 0.1 12
7.01m-8m 4 4 1 0.2 6
8.01m-9m 4 1 0 24
9.01m-10m 1 2 0.3 3
10.01m-11m 1 0
11.01m-12m 1 0
12.01m-13m 1 1 0.2 6
14.01m-15m 2 0
15.01m-16m 1 0
16.01m-17m 1 0.2 0
17.01m-18m 1 0
19.01m-20m 1 0
20.01m-21m 1 0
24.01m-25m 1 0
28.01m-29m 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
101k-125k 1 0.2 0
126k-150k 1 0.2 0
151k-175k 1 1 0.2 6
176k-200k 6 3 1 0.1 12
201k-225k 2 2 0.2 6
226k-250k 2 1 1 0.1 12
251k-275k 4 1 0 24
276k-300k 4 18 2 0.8 1.3
301k-325k 3 14 0.8 1.3
326k-350k 8 5 1 0.1 9.6
351k-375k 13 10 4 0.1 7.8
376k-400k 15 20 1 0.2 4.5
401k-425k 14 19 6 0.2 4.4
426k-450k 8 5 2 0.1 9.6
451k-475k 5 6 2 0.2 5
476k-500k 5 4 0.1 7.5
501k-550k 10 7 0.1 8.6
551k-600k 1 0.2 0
601k-650k 2 0.3 0
651k-700k 1 1 0.2 0
701k-750k 3 0
751k-800k 1 2 0.3 3
801k-850k 1 1 0.2 6
851k-900k 4 0.7 0
901k-950k 2 1 0.1 12
951k-1m 2 0.3 0
1m-1.1m 2 1 0.3 0
1.2m-1.3m 1 1 0.2 6
1.3m-1.4m 2 0.3 0
1.4m-1.5m 1 0
1.9m-2m 1 0
2.25m-2.5m 1 0
2.75m-3m 2 0
3m-3.5m 1 0
3.5m-4m 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
1k-25k 1 0
26k-50k 1 0
51k-75k 1 1 0.2 6
76k-100k 6 2 0.1 18
101k-125k 4 8 0.3 3
126k-150k 12 13 4 0.2 5.5
151k-175k 24 26 3 0.2 5.5
176k-200k 34 35 4 0.2 5.8
201k-225k 40 34 6 0.1 7.1
226k-250k 47 51 8 0.2 5.5
251k-275k 41 29 1 0.1 8.5
276k-300k 51 40 8 0.1 7.7
301k-325k 34 31 6 0.2 6.6
326k-350k 35 21 2 0.1 10
351k-375k 21 16 1 0.1 7.9
376k-400k 27 11 2 0.1 14.7
401k-425k 13 9 3 0.1 8.7
426k-450k 21 7 1 0.1 18
451k-475k 12 10 1 0.1 7.2
476k-500k 21 15 1 0.1 8.4
501k-550k 18 21 6 0.2 5.1
551k-600k 14 19 3 0.2 4.4
601k-650k 20 14 2 0.1 8.6
651k-700k 20 20 0.2 6
701k-750k 15 13 0.1 6.9
751k-800k 11 18 4 0.3 3.7
801k-850k 16 10 0.1 9.6
851k-900k 8 10 1 0.2 4.8
901k-950k 9 5 2 0.1 10.8
951k-1m 13 8 0.1 9.8
1m-1.1m 21 11 1 0.1 11.5
1.1m-1.2m 16 9 3 0.1 10.7
1.2m-1.3m 8 9 3 0.2 5.3
1.3m-1.4m 7 8 1 0.2 5.3
1.4m-1.5m 8 9 3 0.2 5.3
1.5m-1.6m 4 8 2 0.3 3
1.6m-1.7m 8 6 1 0.1 8
1.7m-1.8m 7 2 1 0 21
1.8m-1.9m 3 5 0.3 3.6
1.9m-2m 6 1 1 0 36
2m-2.25m 4 3 2 0.1 8
2.25m-2.5m 9 5 0.1 10.8
2.5m-2.75m 4 5 0.2 4.8
2.75m-3m 6 1 0 36
3m-3.5m 10 4 2 0.1 15
3.5m-4m 7 1 0 42
4m-4.5m 7 2 1 0 21
4.5m-5m 4 2 0.1 12
5.01m-6m 10 1 0 60
6.01m-7m 8 1 0 48
7.01m-8m 3 1 0.1 18
8.01m-9m 3 0
9.01m-10m 2 0
10.01m-11m 1 0
11.01m-12m 1 0.2 0
14.01m-15m 1 0

Land 1% 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
51k-75k 3 0
76k-100k 6 2 0.1 18
101k-125k 1 2 0.3 3
126k-150k 3 1 0.1 18
151k-175k 3 2 0.1 9
176k-200k 4 2 0.1 12
201k-225k 2 0
226k-250k 5 1 0 30
251k-275k 2 1 0.1 12
276k-300k 8 1 0 48
301k-325k 2 1 0.1 12
326k-350k 1 0
351k-375k 1 0
376k-400k 7 0
401k-425k 1 1 0.2 6
426k-450k 5 1 0 30
451k-475k 2 1 1 0.1 12
476k-500k 3 3 0.2 6
501k-550k 3 2 0.1 9
551k-600k 4 0
601k-650k 6 0
651k-700k 5 0
701k-750k 5 1 0 30
751k-800k 1 1 1 0.2 6
801k-850k 2 0
851k-900k 1 1 0.2 6
901k-950k 1 0
951k-1m 2 1 0.1 12
1m-1.1m 4 0
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 2 0
1.5m-1.6m 3 0
1.7m-1.8m 1 0
1.9m-2m 2 0
2m-2.25m 1 0
2.25m-2.5m 3 1 0.1 18
2.5m-2.75m 1 1 0.2 0
2.75m-3m 3 0
3m-3.5m 1 0
3.5m-4m 2 2 0.2 6
4m-4.5m 1 2 0.3 3
4.5m-5m 2 0
5.01m-6m 1 0
6.01m-7m 2 0
9.01m-10m 3 0
11.01m-12m 1 0
15.01m-16m 1 0