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 1 0.2 0
101k-125k 2 6 2 0.5 2
126k-150k 2 10 2 0.8 1.2
151k-175k 9 19 6 0.4 2.8
176k-200k 17 25 3 0.2 4.1
201k-225k 13 35 7 0.4 2.2
226k-250k 26 69 6 0.4 2.3
251k-275k 31 97 15 0.5 1.9
276k-300k 71 121 26 0.3 3.5
301k-325k 55 113 21 0.3 2.9
326k-350k 88 164 25 0.3 3.2
351k-375k 75 162 27 0.4 2.8
376k-400k 98 204 34 0.3 2.9
401k-425k 73 145 24 0.3 3
426k-450k 104 147 25 0.2 4.2
451k-475k 50 97 14 0.3 3.1
476k-500k 77 124 23 0.3 3.7
501k-550k 120 183 28 0.3 3.9
551k-600k 103 128 17 0.2 4.8
601k-650k 73 120 11 0.3 3.7
651k-700k 54 104 23 0.3 3.1
701k-750k 50 65 11 0.2 4.6
751k-800k 35 79 13 0.4 2.7
801k-850k 33 51 8 0.3 3.9
851k-900k 40 47 9 0.2 5.1
901k-950k 19 43 3 0.4 2.7
951k-1m 31 43 8 0.2 4.3
1m-1.1m 26 35 5 0.2 4.5
1.1m-1.2m 24 34 6 0.2 4.2
1.2m-1.3m 27 35 7 0.2 4.6
1.3m-1.4m 15 26 3 0.3 3.5
1.4m-1.5m 13 24 3 0.3 3.3
1.5m-1.6m 15 20 4 0.2 4.5
1.6m-1.7m 8 22 2 0.5 2.2
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 4 13 4 0.5 1.8
1.9m-2m 8 8 0.2 6
2m-2.25m 17 19 3 0.2 5.4
2.25m-2.5m 26 14 2 0.1 11.1
2.5m-2.75m 16 13 3 0.1 7.4
2.75m-3m 13 10 2 0.1 7.8
3m-3.5m 18 12 1 0.1 9
3.5m-4m 17 11 2 0.1 9.3
4m-4.5m 4 9 2 0.4 2.7
4.5m-5m 4 5 0.2 4.8
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 2 0.2 6
7.01m-8m 8 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
11.01m-12m 3 0
14.01m-15m 1 0
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 1 0
176k-200k 4 8 2 0.3 3
201k-225k 9 18 1 0.3 3
226k-250k 26 33 5 0.2 4.7
251k-275k 24 45 4 0.3 3.2
276k-300k 27 38 10 0.2 4.3
301k-325k 31 41 5 0.2 4.5
326k-350k 25 26 3 0.2 5.8
351k-375k 10 29 6 0.5 2.1
376k-400k 20 31 4 0.3 3.9
401k-425k 14 19 3 0.2 4.4
426k-450k 9 11 2 0.2 4.9
451k-475k 13 12 2 0.2 6.5
476k-500k 14 16 6 0.2 5.3
501k-550k 16 21 4 0.2 4.6
551k-600k 10 17 5 0.3 3.5
601k-650k 16 16 1 0.2 6
651k-700k 16 16 5 0.2 6
701k-750k 12 16 5 0.2 4.5
751k-800k 11 18 5 0.3 3.7
801k-850k 14 7 1 0.1 12
851k-900k 10 11 2 0.2 5.5
901k-950k 4 9 3 0.4 2.7
951k-1m 6 8 2 0.2 4.5
1m-1.1m 7 4 2 0.1 10.5
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 6 4 2 0.1 9
1.3m-1.4m 2 4 2 0.3 3
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 1 1 0.2 6
2.25m-2.5m 1 0
2.5m-2.75m 2 0
2.75m-3m 2 0
4m-4.5m 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 1 2 0.3 3
76k-100k 5 10 2 0.3 3
101k-125k 23 26 4 0.2 5.3
126k-150k 35 36 7 0.2 5.8
151k-175k 50 46 5 0.2 6.5
176k-200k 67 49 10 0.1 8.2
201k-225k 57 41 5 0.1 8.3
226k-250k 68 29 2 0.1 14.1
251k-275k 28 22 6 0.1 7.6
276k-300k 31 19 3 0.1 9.8
301k-325k 26 16 1 0.1 9.8
326k-350k 24 15 2 0.1 9.6
351k-375k 6 13 1 0.4 2.8
376k-400k 14 14 3 0.2 6
401k-425k 11 9 0.1 7.3
426k-450k 15 10 0.1 9
451k-475k 10 9 1 0.2 6.7
476k-500k 8 8 0.2 6
501k-550k 12 18 3 0.3 4
551k-600k 10 7 1 0.1 8.6
601k-650k 10 12 0.2 5
651k-700k 8 10 1 0.2 4.8
701k-750k 9 5 1 0.1 10.8
751k-800k 3 8 2 0.4 2.3
801k-850k 6 6 2 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 3 1 0.3 4
951k-1m 6 6 0.2 6
1m-1.1m 4 6 3 0.3 4
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 1 4 2 0.7 1.5
1.4m-1.5m 4 7 3 0.3 3.4
1.5m-1.6m 2 0
1.6m-1.7m 1 5 1 0.8 1.2
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 7 3 0.1 14
1.9m-2m 5 2 1 0.1 15
2m-2.25m 10 11 2 0.2 5.5
2.25m-2.5m 17 7 2 0.1 14.6
2.5m-2.75m 8 3 0.1 16
2.75m-3m 6 0
3m-3.5m 6 4 0.1 9
3.5m-4m 7 5 1 0.1 8.4
4m-4.5m 4 0
4.5m-5m 5 0
5.01m-6m 2 4 0.3 3
6.01m-7m 2 1 1 0.1 12
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
-24,000-0 1 0
26k-50k 1 6 2 1 1
51k-75k 4 9 0.4 2.7
76k-100k 14 13 2 0.2 6.5
101k-125k 16 4 0 24
126k-150k 16 5 0.1 19.2
151k-175k 6 6 0.2 6
176k-200k 17 4 0 25.5
201k-225k 8 3 0.1 16
226k-250k 8 5 3 0.1 9.6
251k-275k 6 4 1 0.1 9
276k-300k 7 2 1 0 21
301k-325k 6 0
326k-350k 15 1 0 90
351k-375k 3 1 0.1 18
376k-400k 2 2 0.2 6
401k-425k 5 2 0.1 15
426k-450k 7 1 1 0 42
451k-475k 2 0.3 0
476k-500k 5 0
501k-550k 1 4 1 0.7 1.5
551k-600k 6 0
601k-650k 5 7 3 0.2 4.3
651k-700k 5 2 1 0.1 15
701k-750k 4 0
751k-800k 5 1 0 30
801k-850k 4 1 1 0 24
851k-900k 7 3 0.1 14
901k-950k 4 0
951k-1m 4 0
1m-1.1m 2 0.3 0
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 4 0
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 3 0
2.25m-2.5m 3 0
2.5m-2.75m 7 0
2.75m-3m 10 0
3m-3.5m 1 0
3.5m-4m 1 0.2 0
4m-4.5m 1 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