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 0.2 0
101k-125k 1 6 1 1 1
126k-150k 12 2 2 0
151k-175k 6 23 6 0.6 1.6
176k-200k 21 32 7 0.3 3.9
201k-225k 14 45 12 0.5 1.9
226k-250k 22 72 8 0.5 1.8
251k-275k 37 90 9 0.4 2.5
276k-300k 69 126 24 0.3 3.3
301k-325k 52 114 15 0.4 2.7
326k-350k 84 160 22 0.3 3.2
351k-375k 71 164 25 0.4 2.6
376k-400k 100 194 18 0.3 3.1
401k-425k 67 137 24 0.3 2.9
426k-450k 100 147 23 0.2 4.1
451k-475k 56 99 11 0.3 3.4
476k-500k 83 120 16 0.2 4.2
501k-550k 121 172 25 0.2 4.2
551k-600k 99 121 12 0.2 4.9
601k-650k 69 103 11 0.2 4
651k-700k 60 98 20 0.3 3.7
701k-750k 41 65 10 0.3 3.8
751k-800k 40 72 11 0.3 3.3
801k-850k 33 49 12 0.2 4
851k-900k 39 51 7 0.2 4.6
901k-950k 20 40 5 0.3 3
951k-1m 27 41 5 0.3 4
1m-1.1m 22 37 7 0.3 3.6
1.1m-1.2m 25 27 6 0.2 5.6
1.2m-1.3m 22 35 2 0.3 3.8
1.3m-1.4m 18 25 5 0.2 4.3
1.4m-1.5m 12 24 1 0.3 3
1.5m-1.6m 14 20 4 0.2 4.2
1.6m-1.7m 8 18 1 0.4 2.7
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 7 7 3 0.2 6
1.9m-2m 10 7 0.1 8.6
2m-2.25m 15 15 2 0.2 6
2.25m-2.5m 23 13 2 0.1 10.6
2.5m-2.75m 18 13 1 0.1 8.3
2.75m-3m 12 8 1 0.1 9
3m-3.5m 17 11 0.1 9.3
3.5m-4m 18 14 5 0.1 7.7
4m-4.5m 4 8 2 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 1 0.1 12
7.01m-8m 7 0
8.01m-9m 1 0
9.01m-10m 1 1 0.2 6
11.01m-12m 3 0
14.01m-15m 1 0
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 1 0
176k-200k 5 6 0.2 5
201k-225k 6 19 2 0.5 1.9
226k-250k 25 35 5 0.2 4.3
251k-275k 25 45 4 0.3 3.3
276k-300k 27 40 9 0.2 4.1
301k-325k 37 46 12 0.2 4.8
326k-350k 26 35 12 0.2 4.5
351k-375k 15 29 5 0.3 3.1
376k-400k 19 30 4 0.3 3.8
401k-425k 14 19 3 0.2 4.4
426k-450k 10 13 3 0.2 4.6
451k-475k 9 11 2 0.2 4.9
476k-500k 13 14 2 0.2 5.6
501k-550k 15 19 1 0.2 4.7
551k-600k 9 15 2 0.3 3.6
601k-650k 17 15 0.1 6.8
651k-700k 14 14 2 0.2 6
701k-750k 10 14 2 0.2 4.3
751k-800k 12 21 6 0.3 3.4
801k-850k 11 7 1 0.1 9.4
851k-900k 13 8 2 0.1 9.8
901k-950k 4 8 1 0.3 3
951k-1m 4 9 4 0.4 2.7
1m-1.1m 7 6 3 0.1 7
1.1m-1.2m 1 0
1.2m-1.3m 6 4 1 0.1 9
1.3m-1.4m 1 4 0.7 1.5
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 1 1 0.2 6
2.25m-2.5m 1 0
2.5m-2.75m 2 0
2.75m-3m 2 0
4m-4.5m 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 3 9 2 0.5 2
101k-125k 24 29 7 0.2 5
126k-150k 30 36 6 0.2 5
151k-175k 47 42 6 0.1 6.7
176k-200k 72 50 9 0.1 8.6
201k-225k 60 44 9 0.1 8.2
226k-250k 50 26 2 0.1 11.5
251k-275k 25 21 3 0.1 7.1
276k-300k 34 19 1 0.1 10.7
301k-325k 25 15 2 0.1 10
326k-350k 23 12 0.1 11.5
351k-375k 6 14 2 0.4 2.6
376k-400k 16 12 0.1 8
401k-425k 8 8 1 0.2 6
426k-450k 18 8 1 0.1 13.5
451k-475k 7 8 1 0.2 5.3
476k-500k 7 7 0.2 6
501k-550k 10 16 2 0.3 3.8
551k-600k 11 8 2 0.1 8.3
601k-650k 9 10 0.2 5.4
651k-700k 7 11 2 0.3 3.8
701k-750k 7 5 1 0.1 8.4
751k-800k 3 7 0.4 2.6
801k-850k 3 5 1 0.3 3.6
851k-900k 3 1 0.1 18
901k-950k 3 3 1 0.2 6
951k-1m 5 7 1 0.2 4.3
1m-1.1m 5 6 1 0.2 5
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 5 7 1 0.2 4.3
1.5m-1.6m 1 0
1.6m-1.7m 1 3 0.5 2
1.7m-1.8m 2 0
1.8m-1.9m 7 3 1 0.1 14
1.9m-2m 3 3 0.2 6
2m-2.25m 11 9 0.1 7.3
2.25m-2.5m 15 6 1 0.1 15
2.5m-2.75m 8 0
2.75m-3m 6 0
3m-3.5m 5 2 0.1 15
3.5m-4m 7 4 1 0.1 10.5
4m-4.5m 3 0
4.5m-5m 5 0
5.01m-6m 2 3 0.3 4
6.01m-7m 2 1 1 0.1 12
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
-24,000-0 1 0
1k-25k 1 1 0.2 0
26k-50k 1 6 2 1 1
51k-75k 4 8 0.3 3
76k-100k 18 12 2 0.1 9
101k-125k 16 4 1 0 24
126k-150k 18 4 0 27
151k-175k 5 6 0.2 5
176k-200k 17 4 1 0 25.5
201k-225k 6 4 1 0.1 9
226k-250k 5 5 1 0.2 6
251k-275k 5 3 0.1 10
276k-300k 10 1 1 0 60
301k-325k 8 0
326k-350k 11 1 0 66
351k-375k 3 1 0.1 18
376k-400k 4 2 0.1 12
401k-425k 5 1 0 30
426k-450k 7 1 0 42
451k-475k 2 0.3 0
476k-500k 4 0
501k-550k 1 3 0.5 2
551k-600k 5 0
601k-650k 9 6 2 0.1 9
651k-700k 3 2 0.1 9
701k-750k 5 0
751k-800k 8 1 0 48
801k-850k 2 1 0.1 12
851k-900k 7 2 0 21
901k-950k 4 0
951k-1m 5 0
1m-1.1m 2 3 1 0.3 4
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 5 3 0.1 10
1.3m-1.4m 2 0
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.9m-2m 2 0
2m-2.25m 2 0
2.25m-2.5m 3 0
2.5m-2.75m 7 0
2.75m-3m 10 0
3m-3.5m 1 0
3.5m-4m 1 0.2 0
4m-4.5m 1 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