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 18 36 9 0.3 3
226k-250k 26 78 23 0.5 2
251k-275k 33 102 22 0.5 1.9
276k-300k 71 121 21 0.3 3.5
301k-325k 54 116 17 0.4 2.8
326k-350k 104 165 31 0.3 3.8
351k-375k 78 166 31 0.4 2.8
376k-400k 107 209 40 0.3 3.1
401k-425k 75 159 24 0.4 2.8
426k-450k 107 163 16 0.3 3.9
451k-475k 54 111 17 0.3 2.9
476k-500k 77 127 21 0.3 3.6
501k-550k 127 187 28 0.2 4.1
551k-600k 98 142 27 0.2 4.1
601k-650k 72 142 18 0.3 3
651k-700k 68 102 15 0.3 4
701k-750k 45 76 13 0.3 3.6
751k-800k 40 78 15 0.3 3.1
801k-850k 24 59 6 0.4 2.4
851k-900k 44 46 8 0.2 5.7
901k-950k 28 46 3 0.3 3.7
951k-1m 21 40 8 0.3 3.2
1m-1.1m 34 42 4 0.2 4.9
1.1m-1.2m 24 44 6 0.3 3.3
1.2m-1.3m 25 43 6 0.3 3.5
1.3m-1.4m 19 34 3 0.3 3.4
1.4m-1.5m 9 29 4 0.5 1.9
1.5m-1.6m 14 22 1 0.3 3.8
1.6m-1.7m 12 26 0.4 2.8
1.7m-1.8m 14 17 4 0.2 4.9
1.8m-1.9m 6 15 0.4 2.4
1.9m-2m 5 11 4 0.4 2.7
2m-2.25m 15 25 4 0.3 3.6
2.25m-2.5m 26 17 4 0.1 9.2
2.5m-2.75m 19 14 4 0.1 8.1
2.75m-3m 16 9 2 0.1 10.7
3m-3.5m 18 14 1 0.1 7.7
3.5m-4m 20 12 6 0.1 10
4m-4.5m 7 9 1 0.2 4.7
4.5m-5m 6 6 0.2 6
5.01m-6m 7 3 2 0.1 14
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 1 1 0.2 6
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 3 0.2 5
201k-225k 8 21 3 0.4 2.3
226k-250k 28 34 2 0.2 4.9
251k-275k 21 56 9 0.4 2.3
276k-300k 39 37 5 0.2 6.3
301k-325k 36 44 15 0.2 4.9
326k-350k 33 27 6 0.1 7.3
351k-375k 14 29 4 0.3 2.9
376k-400k 22 37 3 0.3 3.6
401k-425k 17 25 5 0.2 4.1
426k-450k 14 16 1 0.2 5.3
451k-475k 10 14 2 0.2 4.3
476k-500k 13 12 3 0.2 6.5
501k-550k 18 24 1 0.2 4.5
551k-600k 14 15 0.2 5.6
601k-650k 14 19 2 0.2 4.4
651k-700k 15 15 1 0.2 6
701k-750k 12 15 4 0.2 4.8
751k-800k 16 16 5 0.2 6
801k-850k 14 9 2 0.1 9.3
851k-900k 8 9 3 0.2 5.3
901k-950k 6 9 3 0.3 4
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 2 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 4 0.2 4.9
126k-150k 36 37 6 0.2 5.8
151k-175k 48 54 5 0.2 5.3
176k-200k 65 52 4 0.1 7.5
201k-225k 70 46 6 0.1 9.1
226k-250k 65 43 3 0.1 9.1
251k-275k 26 26 2 0.2 6
276k-300k 30 21 2 0.1 8.6
301k-325k 30 23 1 0.1 7.8
326k-350k 22 21 3 0.2 6.3
351k-375k 4 11 2 0.5 2.2
376k-400k 15 14 2 0.2 6.4
401k-425k 10 13 1 0.2 4.6
426k-450k 15 13 0.1 6.9
451k-475k 10 10 2 0.2 6
476k-500k 5 11 2 0.4 2.7
501k-550k 8 17 2 0.4 2.8
551k-600k 15 7 0.1 12.9
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 5 3 1 0.1 10
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 7 0.1 7.7
2.75m-3m 7 6 0.1 7
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 14 14 4 0.2 6
101k-125k 15 7 3 0.1 12.9
126k-150k 16 6 1 0.1 16
151k-175k 9 9 1 0.2 6
176k-200k 20 5 0 24
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 7 1 0 42
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 3 3 0.2 6
551k-600k 6 0
601k-650k 4 5 1 0.2 4.8
651k-700k 5 1 1 0 30
701k-750k 6 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 7 2 1 0 21
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 8 0
3.5m-4m 1 0.2 0
4m-4.5m 2 0
4.5m-5m 2 0
5.01m-6m 2 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