Absorption Report

Tampa, Hunters Green


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 Since 12/31 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 0.2 0
226k-250k 2 3 0.3 4
251k-275k 4 1 0.7 0
276k-300k 3 9 1 0.5 2
301k-325k 2 16 5 1.3 0.8
326k-350k 14 45 13 0.5 1.9
351k-375k 18 53 8 0.5 2
376k-400k 21 54 11 0.4 2.3
401k-425k 22 55 14 0.4 2.4
426k-450k 26 50 9 0.3 3.1
451k-475k 25 50 11 0.3 3
476k-500k 28 48 6 0.3 3.5
501k-550k 27 60 7 0.4 2.7
551k-600k 14 56 10 0.7 1.5
601k-650k 22 39 7 0.3 3.4
651k-700k 21 37 8 0.3 3.4
701k-750k 13 13 4 0.2 6
751k-800k 13 15 7 0.2 5.2
801k-850k 3 13 2 0.7 1.4
851k-900k 9 4 0.1 13.5
901k-950k 1 1 0.2 6
951k-1m 4 2 1 0.1 12
1m-1.1m 3 1 0.5 0
1.1m-1.2m 3 4 1 0.2 4.5
1.2m-1.3m 3 1 1 0.1 18
1.3m-1.4m 2 0.3 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
2m-2.25m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
176k-200k 1 1 0.2 6
251k-275k 4 14 1 0.6 1.7
276k-300k 13 68 14 0.9 1.1
301k-325k 13 58 11 0.7 1.3
326k-350k 9 50 11 0.9 1.1
351k-375k 1 12 1 2 0.5
376k-400k 2 0
401k-425k 1 0.2 0
426k-450k 1 1 0.2 6
451k-475k 1 4 2 0.7 1.5
476k-500k 1 0.2 0
501k-550k 2 3 0.3 4

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
151k-175k 1 0.2 0
176k-200k 1 1 0.2 6
226k-250k 2 1 1 0.1 12
251k-275k 3 1 1 0.1 18
276k-300k 1 0
326k-350k 1 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0.2 0
76k-100k 1 0.2 0
101k-125k 1 2 0.3 3
126k-150k 1 2 1 0.3 3
151k-175k 2 0.3 0
176k-200k 6 0
226k-250k 1 0
251k-275k 6 0
276k-300k 2 1 1 0.1 12
326k-350k 2 0
426k-450k 1 0
451k-475k 1 0
601k-650k 1 0
701k-750k 1 1 1 0.2 6
851k-900k 1 0
1.3m-1.4m 1 0
4m-4.5m 1 0
5.01m-6m 1 1 1 0.2 6