Absorption Report

Tampa

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
51k-75k 1 0
76k-100k 1 2 2 0.3 3
101k-125k 3 1 0.5 0
126k-150k 4 8 2 0.3 3
151k-175k 13 3 1 0 26
176k-200k 12 12 2 0.2 6
201k-225k 8 17 4 0.4 2.8
226k-250k 6 21 2 0.6 1.7
251k-275k 5 35 9 1.2 0.9
276k-300k 27 46 5 0.3 3.5
301k-325k 17 61 10 0.6 1.7
326k-350k 48 78 9 0.3 3.7
351k-375k 34 102 12 0.5 2
376k-400k 75 126 19 0.3 3.6
401k-425k 61 84 12 0.2 4.4
426k-450k 55 105 15 0.3 3.1
451k-475k 43 76 5 0.3 3.4
476k-500k 69 111 18 0.3 3.7
501k-550k 119 157 23 0.2 4.5
551k-600k 81 125 22 0.3 3.9
601k-650k 56 89 17 0.3 3.8
651k-700k 69 80 10 0.2 5.2
701k-750k 49 69 11 0.2 4.3
751k-800k 47 52 3 0.2 5.4
801k-850k 23 43 4 0.3 3.2
851k-900k 31 39 7 0.2 4.8
901k-950k 24 26 4 0.2 5.5
951k-1m 31 21 1 0.1 8.9
1m-1.1m 22 42 7 0.3 3.1
1.1m-1.2m 21 28 5 0.2 4.5
1.2m-1.3m 12 30 7 0.4 2.4
1.3m-1.4m 17 22 5 0.2 4.6
1.4m-1.5m 14 10 1 0.1 8.4
1.5m-1.6m 7 6 1 0.1 7
1.6m-1.7m 8 4 2 0.1 12
1.7m-1.8m 6 3 0.1 12
1.8m-1.9m 3 3 1 0.2 6
1.9m-2m 1 0
2m-2.25m 11 4 0.1 16.5
2.25m-2.5m 4 6 0.3 4
2.5m-2.75m 2 3 0.3 4
2.75m-3m 1 0
3m-3.5m 5 4 1 0.1 7.5
3.5m-4m 1 3 1 0.5 2
4m-4.5m 3 2 0.1 9
4.5m-5m 5 1 0 30
5.01m-6m 1 0
6.01m-7m 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 0.2 0
226k-250k 2 2 1 0.2 6
251k-275k 7 3 1 0.1 14
276k-300k 5 14 2 0.5 2.1
301k-325k 24 26 5 0.2 5.5
326k-350k 26 56 9 0.4 2.8
351k-375k 12 27 1 0.4 2.7
376k-400k 16 6 0.1 16
401k-425k 5 4 1 0.1 7.5
426k-450k 2 3 0.3 4
476k-500k 1 0
501k-550k 2 0.3 0
701k-750k 2 1 0.1 12
751k-800k 1 0
851k-900k 1 0
901k-950k 1 0.2 0
1.1m-1.2m 1 1 0.2 6
1.4m-1.5m 1 0

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
26k-50k 1 0.2 0
51k-75k 4 0.7 0
76k-100k 8 9 1 0.2 5.3
101k-125k 23 18 2 0.1 7.7
126k-150k 49 23 6 0.1 12.8
151k-175k 37 33 5 0.1 6.7
176k-200k 57 28 3 0.1 12.2
201k-225k 59 42 5 0.1 8.4
226k-250k 49 32 3 0.1 9.2
251k-275k 38 25 6 0.1 9.1
276k-300k 51 46 9 0.2 6.7
301k-325k 32 31 3 0.2 6.2
326k-350k 32 18 1 0.1 10.7
351k-375k 15 8 2 0.1 11.3
376k-400k 19 8 3 0.1 14.3
401k-425k 20 13 1 0.1 9.2
426k-450k 11 13 1 0.2 5.1
451k-475k 8 6 1 0.1 8
476k-500k 18 10 0.1 10.8
501k-550k 17 8 2 0.1 12.8
551k-600k 18 3 0 36
601k-650k 12 6 0.1 12
651k-700k 6 2 1 0.1 18
701k-750k 3 3 0.2 6
751k-800k 9 2 0 27
801k-850k 1 1 0.2 6
851k-900k 1 0.2 0
901k-950k 2 0
1m-1.1m 2 2 0.2 6
1.1m-1.2m 2 0.3 0
1.2m-1.3m 1 0.2 0
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 2 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
26k-50k 2 0.3 0
51k-75k 6 2 0.1 18
76k-100k 3 2 1 0.1 9
101k-125k 1 1 1 0.2 6
126k-150k 4 0
151k-175k 1 1 0.2 6
176k-200k 2 1 0.1 12
201k-225k 5 2 1 0.1 15
226k-250k 4 0
251k-275k 1 0
276k-300k 6 1 0 36
301k-325k 3 2 1 0.1 9
326k-350k 3 0
351k-375k 2 0
376k-400k 3 0
426k-450k 7 0
451k-475k 2 1 0.1 12
476k-500k 3 0
501k-550k 1 0.2 0
551k-600k 2 0
601k-650k 2 1 0.1 12
651k-700k 2 0
701k-750k 1 0
751k-800k 3 0
801k-850k 1 0
851k-900k 2 0
901k-950k 1 1 0.2 6
951k-1m 4 0
1m-1.1m 2 0
1.2m-1.3m 2 0
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.6m-1.7m 2 1 0.1 12
2m-2.25m 5 0
2.25m-2.5m 3 0
10.01m-11m 1 0