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
101k-125k 1 4 1 0.7 1.5
126k-150k 1 11 2 1.8 0.5
151k-175k 9 18 5 0.3 3
176k-200k 21 29 7 0.2 4.3
201k-225k 14 36 8 0.4 2.3
226k-250k 22 77 19 0.6 1.7
251k-275k 33 103 21 0.5 1.9
276k-300k 74 122 21 0.3 3.6
301k-325k 58 117 17 0.3 3
326k-350k 99 160 20 0.3 3.7
351k-375k 76 170 29 0.4 2.7
376k-400k 103 209 37 0.3 3
401k-425k 73 157 21 0.4 2.8
426k-450k 102 157 13 0.3 3.9
451k-475k 53 111 13 0.3 2.9
476k-500k 79 125 17 0.3 3.8
501k-550k 132 186 25 0.2 4.3
551k-600k 94 141 21 0.3 4
601k-650k 71 139 12 0.3 3.1
651k-700k 60 106 14 0.3 3.4
701k-750k 45 78 11 0.3 3.5
751k-800k 40 75 9 0.3 3.2
801k-850k 27 55 4 0.3 2.9
851k-900k 45 48 7 0.2 5.6
901k-950k 29 44 3 0.3 4
951k-1m 21 41 8 0.3 3.1
1m-1.1m 30 42 3 0.2 4.3
1.1m-1.2m 24 42 6 0.3 3.4
1.2m-1.3m 25 44 5 0.3 3.4
1.3m-1.4m 18 34 4 0.3 3.2
1.4m-1.5m 12 30 4 0.4 2.4
1.5m-1.6m 14 22 2 0.3 3.8
1.6m-1.7m 12 27 1 0.4 2.7
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 18 14 4 0.1 7.7
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 6 8 1 0.2 4.5
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 9 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 10 20 0.3 3
226k-250k 27 33 3 0.2 4.9
251k-275k 21 55 9 0.4 2.3
276k-300k 36 37 4 0.2 5.8
301k-325k 32 42 12 0.2 4.6
326k-350k 32 27 5 0.1 7.1
351k-375k 12 30 4 0.4 2.4
376k-400k 22 31 3 0.2 4.3
401k-425k 15 24 4 0.3 3.8
426k-450k 12 15 1 0.2 4.8
451k-475k 11 13 1 0.2 5.1
476k-500k 13 13 4 0.2 6
501k-550k 17 25 3 0.2 4.1
551k-600k 14 15 0.2 5.6
601k-650k 14 19 1 0.2 4.4
651k-700k 14 15 1 0.2 5.6
701k-750k 12 17 5 0.2 4.2
751k-800k 15 15 4 0.2 6
801k-850k 14 8 2 0.1 10.5
851k-900k 9 9 3 0.2 6
901k-950k 6 10 4 0.3 3.6
951k-1m 7 7 0.2 6
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 4 1 0.2 4.5
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
2.75m-3m 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 24 28 2 0.2 5.1
126k-150k 36 36 4 0.2 6
151k-175k 50 55 5 0.2 5.5
176k-200k 63 53 5 0.1 7.1
201k-225k 69 45 6 0.1 9.2
226k-250k 64 39 4 0.1 9.8
251k-275k 28 28 3 0.2 6
276k-300k 31 21 1 0.1 8.9
301k-325k 31 23 1 0.1 8.1
326k-350k 21 21 4 0.2 6
351k-375k 5 11 2 0.4 2.7
376k-400k 16 14 2 0.1 6.9
401k-425k 8 13 1 0.3 3.7
426k-450k 17 12 0.1 8.5
451k-475k 9 10 2 0.2 5.4
476k-500k 5 11 1 0.4 2.7
501k-550k 9 16 2 0.3 3.4
551k-600k 12 7 0.1 10.3
601k-650k 10 14 5 0.2 4.3
651k-700k 6 10 3 0.3 3.6
701k-750k 8 4 1 0.1 12
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 5 6 0.2 5
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 6 1 1 1
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 9 0.2 4.7
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 6 5 0.1 7.2
3m-3.5m 6 5 0.1 7.2
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 14 7 2 0.1 12
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 4 2 0.1 10.5
226k-250k 6 3 2 0.1 12
251k-275k 5 5 1 0.2 6
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 0.3 3
476k-500k 4 0
501k-550k 3 4 1 0.2 4.5
551k-600k 6 0
601k-650k 6 6 2 0.2 6
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 3 1 0.1 8
1.3m-1.4m 5 1 0 30
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 8 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