Absorption Report

Tampa, 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
101k-125k 1 3 0.5 2
126k-150k 1 11 2 1.8 0.5
151k-175k 9 17 3 0.3 3.2
176k-200k 21 29 6 0.2 4.3
201k-225k 17 36 9 0.4 2.8
226k-250k 27 76 18 0.5 2.1
251k-275k 33 101 19 0.5 2
276k-300k 72 116 16 0.3 3.7
301k-325k 57 115 16 0.3 3
326k-350k 101 158 23 0.3 3.8
351k-375k 75 163 24 0.4 2.8
376k-400k 107 204 37 0.3 3.1
401k-425k 74 156 21 0.4 2.8
426k-450k 105 156 14 0.2 4
451k-475k 54 109 12 0.3 3
476k-500k 78 124 18 0.3 3.8
501k-550k 130 183 23 0.2 4.3
551k-600k 97 140 20 0.2 4.2
601k-650k 75 138 14 0.3 3.3
651k-700k 63 102 10 0.3 3.7
701k-750k 45 76 9 0.3 3.6
751k-800k 40 75 10 0.3 3.2
801k-850k 23 56 4 0.4 2.5
851k-900k 45 46 6 0.2 5.9
901k-950k 28 44 3 0.3 3.8
951k-1m 22 40 7 0.3 3.3
1m-1.1m 32 42 4 0.2 4.6
1.1m-1.2m 23 42 5 0.3 3.3
1.2m-1.3m 25 42 3 0.3 3.6
1.3m-1.4m 18 33 3 0.3 3.3
1.4m-1.5m 11 29 3 0.4 2.3
1.5m-1.6m 14 21 1 0.3 4
1.6m-1.7m 11 26 0.4 2.5
1.7m-1.8m 14 17 4 0.2 4.9
1.8m-1.9m 6 12 0.3 3
1.9m-2m 5 11 3 0.4 2.7
2m-2.25m 15 23 3 0.3 3.9
2.25m-2.5m 26 16 3 0.1 9.8
2.5m-2.75m 19 14 4 0.1 8.1
2.75m-3m 16 9 2 0.1 10.7
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 12 4 0.1 10
4m-4.5m 7 8 1 0.2 5.3
4.5m-5m 6 6 0.2 6
5.01m-6m 8 3 2 0.1 16
6.01m-7m 2 3 1 0.3 4
7.01m-8m 10 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
11.01m-12m 2 1 0.1 12
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 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 1 0
26k-50k 1 0.2 0
126k-150k 1 0
151k-175k 2 0
176k-200k 5 6 2 0.2 5
201k-225k 9 20 0.4 2.7
226k-250k 26 32 2 0.2 4.9
251k-275k 21 55 9 0.4 2.3
276k-300k 37 36 3 0.2 6.2
301k-325k 36 41 13 0.2 5.3
326k-350k 32 27 5 0.1 7.1
351k-375k 13 29 3 0.4 2.7
376k-400k 22 31 3 0.2 4.3
401k-425k 17 25 4 0.2 4.1
426k-450k 12 15 1 0.2 4.8
451k-475k 10 13 1 0.2 4.6
476k-500k 13 13 4 0.2 6
501k-550k 17 23 1 0.2 4.4
551k-600k 14 15 0.2 5.6
601k-650k 14 19 1 0.2 4.4
651k-700k 15 14 0.2 6.4
701k-750k 12 15 3 0.2 4.8
751k-800k 16 15 4 0.2 6.4
801k-850k 14 8 2 0.1 10.5
851k-900k 8 9 3 0.2 5.3
901k-950k 7 9 3 0.2 4.7
951k-1m 8 7 0.1 6.9
1m-1.1m 7 2 0 21
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 6 2 1 0.1 18
1.3m-1.4m 3 3 0.2 6
1.4m-1.5m 1 0.2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 3 0.5 0
2m-2.25m 2 0.3 0
2.25m-2.5m 2 2 0.2 6
2.5m-2.75m 1 0
4m-4.5m 1 1 1 0.2 6

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
51k-75k 2 0.3 0
76k-100k 4 9 4 0.4 2.7
101k-125k 23 28 2 0.2 4.9
126k-150k 35 35 5 0.2 6
151k-175k 47 53 3 0.2 5.3
176k-200k 64 50 2 0.1 7.7
201k-225k 69 45 6 0.1 9.2
226k-250k 66 39 4 0.1 10.2
251k-275k 28 26 1 0.2 6.5
276k-300k 31 21 1 0.1 8.9
301k-325k 29 23 1 0.1 7.6
326k-350k 21 21 4 0.2 6
351k-375k 4 11 2 0.5 2.2
376k-400k 16 13 1 0.1 7.4
401k-425k 9 13 1 0.2 4.2
426k-450k 15 12 0.1 7.5
451k-475k 10 10 2 0.2 6
476k-500k 5 11 1 0.4 2.7
501k-550k 8 16 2 0.3 3
551k-600k 14 7 0.1 12
601k-650k 10 14 5 0.2 4.3
651k-700k 6 10 3 0.3 3.6
701k-750k 7 4 1 0.1 10.5
751k-800k 5 7 0.2 4.3
801k-850k 4 4 1 0.2 6
851k-900k 4 1 0 24
901k-950k 2 2 1 0.2 6
951k-1m 6 6 0.2 6
1m-1.1m 6 3 1 0.1 12
1.1m-1.2m 7 3 1 0.1 14
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 1 5 0.8 1.2
1.4m-1.5m 5 5 1 0.2 6
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 1 9 2 1.5 0.7
1.7m-1.8m 3 5 0.3 3.6
1.8m-1.9m 7 10 0.2 4.2
1.9m-2m 3 8 1 0.4 2.3
2m-2.25m 11 22 3 0.3 3
2.25m-2.5m 16 10 1 0.1 9.6
2.5m-2.75m 9 6 0.1 9
2.75m-3m 7 5 0.1 8.4
3m-3.5m 5 5 0.2 6
3.5m-4m 7 4 0.1 10.5
4m-4.5m 4 0
4.5m-5m 5 0
5.01m-6m 2 4 0.3 3
6.01m-7m 3 0
7.01m-8m 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
26k-50k 2 6 0.5 2
51k-75k 2 11 1 0.9 1.1
76k-100k 15 13 4 0.1 6.9
101k-125k 15 7 2 0.1 12.9
126k-150k 16 6 1 0.1 16
151k-175k 9 9 1 0.2 6
176k-200k 21 5 0 25.2
201k-225k 7 5 2 0.1 8.4
226k-250k 7 2 1 0 21
251k-275k 5 4 0.1 7.5
276k-300k 8 1 0 48
301k-325k 4 0
326k-350k 13 1 0 78
351k-375k 3 1 1 0.1 18
376k-400k 3 3 0.2 6
401k-425k 4 3 1 0.1 8
426k-450k 7 1 0 42
451k-475k 1 2 1 0.3 3
476k-500k 4 0
501k-550k 4 3 0.1 8
551k-600k 6 0
601k-650k 6 5 1 0.1 7.2
651k-700k 4 1 1 0 24
701k-750k 5 0
751k-800k 5 1 0 30
801k-850k 1 0
851k-900k 6 3 1 0.1 12
901k-950k 4 0
951k-1m 3 1 0.1 18
1m-1.1m 2 1 0.3 0
1.1m-1.2m 6 2 1 0.1 18
1.2m-1.3m 4 2 0.1 12
1.3m-1.4m 6 1 0 36
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 3 0
2.25m-2.5m 2 0
2.5m-2.75m 7 0
2.75m-3m 9 0
3.5m-4m 1 0.2 0
4m-4.5m 2 0
4.5m-5m 2 0
5.01m-6m 1 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 3 0
10.01m-11m 1 0
16.01m-17m 1 0