Absorption Report

Rotonda West, FL

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
151k-175k 4 3 0.7 0
176k-200k 1 0.2 0
201k-225k 2 0.3 0
226k-250k 9 2 1.5 0
251k-275k 3 5 0.3 3.6
276k-300k 7 15 1 0.4 2.8
301k-325k 17 13 2 0.1 7.8
326k-350k 22 18 4 0.1 7.3
351k-375k 26 15 3 0.1 10.4
376k-400k 39 10 1 0 23.4
401k-425k 14 9 1 0.1 9.3
426k-450k 25 8 0.1 18.8
451k-475k 15 13 2 0.1 6.9
476k-500k 36 10 0 21.6
501k-550k 19 19 3 0.2 6
551k-600k 37 12 3 0.1 18.5
601k-650k 22 6 0 22
651k-700k 9 3 0.1 18
701k-750k 7 1 0 42
751k-800k 6 1 0 36
801k-850k 2 0
851k-900k 3 0
901k-950k 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
176k-200k 1 0.2 0
226k-250k 1 0
326k-350k 2 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
101k-125k 1 1 0.2 6
126k-150k 10 0
151k-175k 4 3 1 0.1 8
176k-200k 6 3 1 0.1 12
201k-225k 4 4 0.2 6
226k-250k 4 1 0 24
251k-275k 2 1 0.1 12
276k-300k 1 0
301k-325k 1 0
326k-350k 1 0
351k-375k 2 0
376k-400k 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
1k-25k 26 38 3 0.2 4.1
26k-50k 220 49 1 0 26.9
51k-75k 134 20 3 0 40.2
76k-100k 30 2 1 0 90
101k-125k 15 0
126k-150k 3 1 1 0.1 18
151k-175k 2 0
176k-200k 5 0
276k-300k 1 0
301k-325k 1 0
326k-350k 2 1 0.1 12
351k-375k 1 0
401k-425k 1 0
426k-450k 1 0.2 0
751k-800k 1 0
851k-900k 2 0
1.1m-1.2m 1 1 0.2 6
1.4m-1.5m 2 0
1.9m-2m 1 0
2m-2.25m 1 0.2 0