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
51k-75k 1 0
76k-100k 1 0
101k-125k 1 4 1 0.7 1.5
126k-150k 3 11 1 0.6 1.6
151k-175k 8 17 4 0.4 2.8
176k-200k 21 26 7 0.2 4.8
201k-225k 14 34 5 0.4 2.5
226k-250k 24 77 18 0.5 1.9
251k-275k 30 102 18 0.6 1.8
276k-300k 71 117 20 0.3 3.6
301k-325k 57 112 11 0.3 3.1
326k-350k 95 156 14 0.3 3.7
351k-375k 77 166 20 0.4 2.8
376k-400k 100 201 33 0.3 3
401k-425k 75 143 21 0.3 3.1
426k-450k 98 151 14 0.3 3.9
451k-475k 48 100 7 0.3 2.9
476k-500k 78 122 18 0.3 3.8
501k-550k 126 180 21 0.2 4.2
551k-600k 99 131 17 0.2 4.5
601k-650k 76 133 11 0.3 3.4
651k-700k 56 102 14 0.3 3.3
701k-750k 44 73 10 0.3 3.6
751k-800k 38 72 6 0.3 3.2
801k-850k 27 53 3 0.3 3.1
851k-900k 46 43 5 0.2 6.4
901k-950k 26 43 3 0.3 3.6
951k-1m 25 40 6 0.3 3.8
1m-1.1m 28 37 0.2 4.5
1.1m-1.2m 22 38 4 0.3 3.5
1.2m-1.3m 24 39 5 0.3 3.7
1.3m-1.4m 18 28 2 0.3 3.9
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 13 15 4 0.2 5.2
1.8m-1.9m 4 13 1 0.5 1.8
1.9m-2m 5 11 1 0.4 2.7
2m-2.25m 17 18 1 0.2 5.7
2.25m-2.5m 26 16 1 0.1 9.8
2.5m-2.75m 18 13 4 0.1 8.3
2.75m-3m 14 9 2 0.1 9.3
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 11 2 0.1 10.9
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 7 2 0.2 5.1
201k-225k 7 20 0.5 2.1
226k-250k 24 32 3 0.2 4.5
251k-275k 19 53 7 0.5 2.2
276k-300k 36 38 7 0.2 5.7
301k-325k 32 41 10 0.2 4.7
326k-350k 28 25 5 0.1 6.7
351k-375k 9 31 4 0.6 1.7
376k-400k 22 29 3 0.2 4.6
401k-425k 14 24 5 0.3 3.5
426k-450k 12 13 1 0.2 5.5
451k-475k 12 11 1 0.2 6.5
476k-500k 14 13 3 0.2 6.5
501k-550k 16 23 3 0.2 4.2
551k-600k 14 16 1 0.2 5.3
601k-650k 13 18 1 0.2 4.3
651k-700k 14 14 2 0.2 6
701k-750k 13 18 7 0.2 4.3
751k-800k 16 15 3 0.2 6.4
801k-850k 14 7 1 0.1 12
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 2 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 10 4 0.4 2.4
101k-125k 23 25 0.2 5.5
126k-150k 35 34 5 0.2 6.2
151k-175k 52 51 5 0.2 6.1
176k-200k 62 53 8 0.1 7
201k-225k 63 42 4 0.1 9
226k-250k 68 37 4 0.1 11
251k-275k 28 22 4 0.1 7.6
276k-300k 34 18 1 0.1 11.3
301k-325k 29 18 1 0.1 9.7
326k-350k 21 17 3 0.1 7.4
351k-375k 5 11 1 0.4 2.7
376k-400k 16 14 2 0.1 6.9
401k-425k 8 11 1 0.2 4.4
426k-450k 16 12 0.1 8
451k-475k 10 8 2 0.1 7.5
476k-500k 5 10 0.3 3
501k-550k 11 15 1 0.2 4.4
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 7 1 0.3 3.4
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 5 0.1 10.8
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 4 11 1 0.5 2.2
76k-100k 13 12 4 0.2 6.5
101k-125k 13 5 2 0.1 15.6
126k-150k 15 6 1 0.1 15
151k-175k 8 8 1 0.2 6
176k-200k 20 5 0 24
201k-225k 6 3 0.1 12
226k-250k 7 3 2 0.1 14
251k-275k 5 5 1 0.2 6
276k-300k 7 1 0 42
301k-325k 5 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 1 0 42
451k-475k 2 0.3 0
476k-500k 6 0
501k-550k 3 4 1 0.2 4.5
551k-600k 5 0
601k-650k 6 6 2 0.2 6
651k-700k 5 1 1 0 30
701k-750k 5 0
751k-800k 3 1 0.1 18
801k-850k 1 0
851k-900k 7 3 1 0.1 14
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