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 4 1 0.7 1.5
126k-150k 3 11 1 0.6 1.6
151k-175k 9 17 4 0.3 3.2
176k-200k 22 26 6 0.2 5.1
201k-225k 15 34 5 0.4 2.6
226k-250k 21 76 17 0.6 1.7
251k-275k 33 100 16 0.5 2
276k-300k 69 117 19 0.3 3.5
301k-325k 54 111 10 0.3 2.9
326k-350k 99 158 14 0.3 3.8
351k-375k 76 167 19 0.4 2.7
376k-400k 104 203 32 0.3 3.1
401k-425k 75 147 20 0.3 3.1
426k-450k 100 150 13 0.3 4
451k-475k 50 104 7 0.3 2.9
476k-500k 76 121 15 0.3 3.8
501k-550k 128 179 20 0.2 4.3
551k-600k 97 134 16 0.2 4.3
601k-650k 76 133 10 0.3 3.4
651k-700k 56 99 13 0.3 3.4
701k-750k 44 75 10 0.3 3.5
751k-800k 40 73 6 0.3 3.3
801k-850k 25 52 2 0.3 2.9
851k-900k 47 43 5 0.2 6.6
901k-950k 26 44 3 0.3 3.5
951k-1m 23 41 6 0.3 3.4
1m-1.1m 29 37 0.2 4.7
1.1m-1.2m 24 38 4 0.3 3.8
1.2m-1.3m 25 39 4 0.3 3.8
1.3m-1.4m 18 29 2 0.3 3.7
1.4m-1.5m 11 29 4 0.4 2.3
1.5m-1.6m 14 20 1 0.2 4.2
1.6m-1.7m 12 25 1 0.3 2.9
1.7m-1.8m 14 15 4 0.2 5.6
1.8m-1.9m 5 13 1 0.4 2.3
1.9m-2m 6 11 1 0.3 3.3
2m-2.25m 16 19 1 0.2 5.1
2.25m-2.5m 26 16 1 0.1 9.8
2.5m-2.75m 18 12 3 0.1 9
2.75m-3m 15 9 2 0.1 10
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 12 2 0.1 10
4m-4.5m 6 8 1 0.2 4.5
4.5m-5m 6 6 0.2 6
5.01m-6m 9 3 1 0.1 18
6.01m-7m 1 3 0.5 2
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 6 6 1 0.2 6
201k-225k 7 20 0.5 2.1
226k-250k 24 32 3 0.2 4.5
251k-275k 20 52 6 0.4 2.3
276k-300k 36 38 7 0.2 5.7
301k-325k 32 41 10 0.2 4.7
326k-350k 29 27 5 0.2 6.4
351k-375k 9 31 4 0.6 1.7
376k-400k 22 30 3 0.2 4.4
401k-425k 14 24 5 0.3 3.5
426k-450k 10 13 1 0.2 4.6
451k-475k 12 11 1 0.2 6.5
476k-500k 14 12 2 0.1 7
501k-550k 16 24 3 0.3 4
551k-600k 14 16 1 0.2 5.3
601k-650k 13 19 1 0.2 4.1
651k-700k 14 13 1 0.2 6.5
701k-750k 12 16 5 0.2 4.5
751k-800k 15 16 3 0.2 5.6
801k-850k 14 8 1 0.1 10.5
851k-900k 9 10 2 0.2 5.4
901k-950k 6 9 3 0.3 4
951k-1m 6 6 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 2 3 1 0.3 4
1.4m-1.5m 1 0.2 0
1.6m-1.7m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 3 0.5 0
2m-2.25m 1 0.2 0
2.25m-2.5m 2 1 0.1 12
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 3 0.4 2.7
101k-125k 23 26 0.2 5.3
126k-150k 37 33 4 0.1 6.7
151k-175k 50 52 5 0.2 5.8
176k-200k 62 54 8 0.1 6.9
201k-225k 64 43 4 0.1 8.9
226k-250k 65 37 4 0.1 10.5
251k-275k 29 22 3 0.1 7.9
276k-300k 34 18 1 0.1 11.3
301k-325k 29 20 1 0.1 8.7
326k-350k 21 17 3 0.1 7.4
351k-375k 5 11 1 0.4 2.7
376k-400k 15 14 2 0.2 6.4
401k-425k 8 12 1 0.3 4
426k-450k 17 12 0.1 8.5
451k-475k 10 8 2 0.1 7.5
476k-500k 5 10 0.3 3
501k-550k 10 15 1 0.3 4
551k-600k 11 7 0.1 9.4
601k-650k 10 14 3 0.2 4.3
651k-700k 6 9 2 0.3 4
701k-750k 9 4 1 0.1 13.5
751k-800k 4 8 1 0.3 3
801k-850k 4 4 1 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 2 0.2 6
951k-1m 5 6 0.2 5
1m-1.1m 7 3 1 0.1 14
1.1m-1.2m 6 3 1 0.1 12
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 1 5 1 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 9 2 1.5 0
1.7m-1.8m 3 4 0.2 4.5
1.8m-1.9m 7 7 0.2 6
1.9m-2m 4 6 1 0.3 4
2m-2.25m 10 18 4 0.3 3.3
2.25m-2.5m 17 9 1 0.1 11.3
2.5m-2.75m 9 6 0.1 9
2.75m-3m 6 1 0 36
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 5 0.4 2.4
51k-75k 3 11 1 0.6 1.6
76k-100k 14 12 4 0.1 7
101k-125k 13 5 2 0.1 15.6
126k-150k 15 6 1 0.1 15
151k-175k 9 8 1 0.1 6.8
176k-200k 20 5 0 24
201k-225k 6 3 0.1 12
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 14 1 0 84
351k-375k 2 1 1 0.1 12
376k-400k 2 3 0.3 4
401k-425k 4 3 1 0.1 8
426k-450k 7 1 0 42
451k-475k 2 0.3 0
476k-500k 5 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 2 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 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