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 1 11 2 1.8 0.5
151k-175k 9 18 5 0.3 3
176k-200k 21 29 6 0.2 4.3
201k-225k 15 36 8 0.4 2.5
226k-250k 25 77 19 0.5 1.9
251k-275k 34 100 20 0.5 2
276k-300k 73 121 18 0.3 3.6
301k-325k 58 117 14 0.3 3
326k-350k 100 161 20 0.3 3.7
351k-375k 76 169 25 0.4 2.7
376k-400k 103 210 35 0.3 2.9
401k-425k 75 155 22 0.3 2.9
426k-450k 102 156 14 0.3 3.9
451k-475k 53 110 13 0.3 2.9
476k-500k 80 124 14 0.3 3.9
501k-550k 129 186 22 0.2 4.2
551k-600k 93 139 21 0.2 4
601k-650k 72 138 12 0.3 3.1
651k-700k 61 105 14 0.3 3.5
701k-750k 45 78 11 0.3 3.5
751k-800k 39 75 8 0.3 3.1
801k-850k 28 54 4 0.3 3.1
851k-900k 45 47 7 0.2 5.7
901k-950k 29 44 3 0.3 4
951k-1m 21 41 9 0.3 3.1
1m-1.1m 30 42 3 0.2 4.3
1.1m-1.2m 24 42 5 0.3 3.4
1.2m-1.3m 25 42 4 0.3 3.6
1.3m-1.4m 18 34 4 0.3 3.2
1.4m-1.5m 12 29 3 0.4 2.5
1.5m-1.6m 14 21 2 0.3 4
1.6m-1.7m 12 26 1 0.4 2.8
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 2 0.4 2.7
2m-2.25m 15 22 2 0.2 4.1
2.25m-2.5m 26 16 2 0.1 9.8
2.5m-2.75m 18 14 4 0.1 7.7
2.75m-3m 15 9 2 0.1 10
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 12 3 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 2 0.1 18
6.01m-7m 1 3 1 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 9 20 0.4 2.7
226k-250k 27 33 3 0.2 4.9
251k-275k 21 53 9 0.4 2.4
276k-300k 37 37 5 0.2 6
301k-325k 31 41 12 0.2 4.5
326k-350k 32 27 5 0.1 7.1
351k-375k 12 30 3 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 12 1 0.2 5.5
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 14 1 0.2 6
701k-750k 13 16 5 0.2 4.9
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 1 0.2 5.1
126k-150k 39 34 4 0.1 6.9
151k-175k 49 55 5 0.2 5.3
176k-200k 64 55 7 0.1 7
201k-225k 70 44 5 0.1 9.5
226k-250k 62 38 4 0.1 9.8
251k-275k 29 25 3 0.1 7
276k-300k 32 21 1 0.1 9.1
301k-325k 30 23 1 0.1 7.8
326k-350k 21 21 3 0.2 6
351k-375k 5 11 2 0.4 2.7
376k-400k 16 15 3 0.2 6.4
401k-425k 8 13 1 0.3 3.7
426k-450k 17 12 0.1 8.5
451k-475k 10 10 2 0.2 6
476k-500k 5 11 1 0.4 2.7
501k-550k 9 15 2 0.3 3.6
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 7 3 1 0.1 14
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 8 0.2 5.3
1.9m-2m 3 8 1 0.4 2.3
2m-2.25m 11 19 3 0.3 3.5
2.25m-2.5m 17 10 1 0.1 10.2
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 6 2 0.1 14
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