Absorption Report

Riverview High School, Longboat Key, Osprey, Sarasota, 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
76k-100k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 1 0
226k-250k 1 2 1 0.3 3
251k-275k 5 6 1 0.2 5
276k-300k 4 5 1 0.2 4.8
301k-325k 4 9 0.4 2.7
326k-350k 15 10 2 0.1 9
351k-375k 7 11 2 0.3 3.8
376k-400k 11 14 2 0.2 4.7
401k-425k 8 12 1 0.3 4
426k-450k 15 11 2 0.1 8.2
451k-475k 4 17 5 0.7 1.4
476k-500k 11 19 1 0.3 3.5
501k-550k 29 23 2 0.1 7.6
551k-600k 20 22 5 0.2 5.5
601k-650k 21 24 3 0.2 5.3
651k-700k 13 15 4 0.2 5.2
701k-750k 8 19 5 0.4 2.5
751k-800k 12 15 3 0.2 4.8
801k-850k 12 10 1 0.1 7.2
851k-900k 15 12 2 0.1 7.5
901k-950k 9 8 4 0.1 6.8
951k-1m 11 13 1 0.2 5.1
1m-1.1m 8 12 1 0.3 4
1.1m-1.2m 8 5 0.1 9.6
1.2m-1.3m 7 9 1 0.2 4.7
1.3m-1.4m 3 6 0.3 3
1.4m-1.5m 5 0.8 0
1.5m-1.6m 3 2 1 0.1 9
1.6m-1.7m 3 1 0.5 0
1.7m-1.8m 2 3 1 0.3 4
1.8m-1.9m 2 3 0.3 4
1.9m-2m 2 0
2m-2.25m 7 1 1 0 42
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 3 1 0.1 18
2.75m-3m 3 1 0.1 18
3m-3.5m 3 3 0.2 6
3.5m-4m 1 3 0.5 2
4m-4.5m 2 1 0.1 12
4.5m-5m 1 0
5.01m-6m 3 1 0.1 18
6.01m-7m 2 0
28.01m-29m 1 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
251k-275k 1 1 0.2 0
276k-300k 1 5 0.8 1.2
301k-325k 1 0.2 0
326k-350k 2 3 2 0.3 4
351k-375k 5 4 1 0.1 7.5
376k-400k 6 2 1 0
401k-425k 5 1 1 0 30
426k-450k 1 2 0.3 3
451k-475k 2 1 0.3 0
651k-700k 1 0
701k-750k 2 0
751k-800k 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
101k-125k 1 0
126k-150k 1 3 2 0.5 2
151k-175k 3 2 1 0.1 9
176k-200k 3 7 3 0.4 2.6
201k-225k 6 6 1 0.2 6
226k-250k 9 10 1 0.2 5.4
251k-275k 9 5 1 0.1 10.8
276k-300k 19 4 0 28.5
301k-325k 9 3 1 0.1 18
326k-350k 6 4 0.1 9
351k-375k 6 2 0.1 18
376k-400k 8 2 1 0 24
401k-425k 4 2 1 0.1 12
426k-450k 6 3 0.1 12
451k-475k 3 1 0.1 18
476k-500k 6 2 0.1 18
501k-550k 5 4 1 0.1 7.5
551k-600k 4 2 0.1 12
601k-650k 4 1 0 24
651k-700k 2 1 0.1 12
701k-750k 7 1 0 42
751k-800k 2 1 0.1 12
801k-850k 2 2 0.2 6
901k-950k 2 1 1 0.1 12
951k-1m 3 0
1m-1.1m 6 0
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 3 0
1.8m-1.9m 1 0.2 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
76k-100k 1 0
101k-125k 1 0
126k-150k 1 1 0.2 6
251k-275k 1 0.2 0
376k-400k 1 0
426k-450k 1 0
476k-500k 1 0.2 0
501k-550k 1 1 0.2 6
601k-650k 2 0
651k-700k 2 0
1.5m-1.6m 1 0
1.7m-1.8m 1 0
2.25m-2.5m 1 0
10.01m-11m 1 0