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 2 6 3 0.5 2
126k-150k 2 12 3 1 1
151k-175k 8 20 6 0.4 2.4
176k-200k 17 32 7 0.3 3.2
201k-225k 13 39 11 0.5 2
226k-250k 23 71 7 0.5 1.9
251k-275k 32 91 8 0.5 2.1
276k-300k 66 123 26 0.3 3.2
301k-325k 53 112 18 0.4 2.8
326k-350k 81 162 27 0.3 3
351k-375k 65 160 23 0.4 2.4
376k-400k 97 198 21 0.3 2.9
401k-425k 72 140 27 0.3 3.1
426k-450k 93 142 25 0.3 3.9
451k-475k 51 97 13 0.3 3.2
476k-500k 80 121 20 0.3 4
501k-550k 118 177 31 0.3 4
551k-600k 98 121 18 0.2 4.9
601k-650k 70 106 13 0.3 4
651k-700k 52 105 23 0.3 3
701k-750k 46 66 13 0.2 4.2
751k-800k 35 74 13 0.4 2.8
801k-850k 30 51 10 0.3 3.5
851k-900k 38 49 10 0.2 4.7
901k-950k 23 41 4 0.3 3.4
951k-1m 22 40 5 0.3 3.3
1m-1.1m 23 36 7 0.3 3.8
1.1m-1.2m 22 27 6 0.2 4.9
1.2m-1.3m 22 35 4 0.3 3.8
1.3m-1.4m 16 25 5 0.3 3.8
1.4m-1.5m 15 23 0.3 3.9
1.5m-1.6m 13 20 4 0.3 3.9
1.6m-1.7m 7 20 1 0.5 2.1
1.7m-1.8m 10 10 0.2 6
1.8m-1.9m 6 9 3 0.3 4
1.9m-2m 9 7 0.1 7.7
2m-2.25m 14 18 3 0.2 4.7
2.25m-2.5m 24 14 2 0.1 10.3
2.5m-2.75m 17 13 2 0.1 7.8
2.75m-3m 11 9 2 0.1 7.3
3m-3.5m 18 11 0.1 9.8
3.5m-4m 17 14 5 0.1 7.3
4m-4.5m 4 8 2 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 9 4 1 0.1 13.5
6.01m-7m 1 1 0.2 6
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
176k-200k 4 6 0.3 4
201k-225k 6 19 2 0.5 1.9
226k-250k 28 35 5 0.2 4.8
251k-275k 26 45 3 0.3 3.5
276k-300k 27 38 8 0.2 4.3
301k-325k 34 45 11 0.2 4.5
326k-350k 22 32 9 0.2 4.1
351k-375k 11 29 6 0.4 2.3
376k-400k 18 31 4 0.3 3.5
401k-425k 11 18 2 0.3 3.7
426k-450k 9 14 5 0.3 3.9
451k-475k 13 12 3 0.2 6.5
476k-500k 14 14 3 0.2 6
501k-550k 14 19 2 0.2 4.4
551k-600k 8 16 4 0.3 3
601k-650k 15 16 1 0.2 5.6
651k-700k 17 14 2 0.1 7.3
701k-750k 11 15 2 0.2 4.4
751k-800k 11 20 6 0.3 3.3
801k-850k 10 7 1 0.1 8.6
851k-900k 12 9 1 0.1 8
901k-950k 4 8 2 0.3 3
951k-1m 5 9 4 0.3 3.3
1m-1.1m 7 5 3 0.1 8.4
1.1m-1.2m 1 0
1.2m-1.3m 6 4 2 0.1 9
1.3m-1.4m 2 4 1 0.3 3
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 5 11 2 0.4 2.7
101k-125k 25 29 7 0.2 5.2
126k-150k 27 34 6 0.2 4.8
151k-175k 47 41 4 0.1 6.9
176k-200k 67 49 5 0.1 8.2
201k-225k 53 43 11 0.1 7.4
226k-250k 57 25 0.1 13.7
251k-275k 22 21 3 0.2 6.3
276k-300k 32 19 3 0.1 10.1
301k-325k 26 16 2 0.1 9.8
326k-350k 21 14 0.1 9
351k-375k 6 13 1 0.4 2.8
376k-400k 13 12 1 0.2 6.5
401k-425k 8 8 1 0.2 6
426k-450k 20 7 0.1 17.1
451k-475k 6 8 1 0.2 4.5
476k-500k 6 7 0.2 5.1
501k-550k 11 17 3 0.3 3.9
551k-600k 8 8 3 0.2 6
601k-650k 7 10 0.2 4.2
651k-700k 7 10 1 0.2 4.2
701k-750k 9 5 2 0.1 10.8
751k-800k 3 7 1 0.4 2.6
801k-850k 5 5 2 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 3 1 0.3 4
951k-1m 6 7 1 0.2 5.1
1m-1.1m 4 6 3 0.3 4
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 5 7 3 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 4 3 0.1 8
2m-2.25m 11 10 1 0.2 6.6
2.25m-2.5m 15 6 1 0.1 15
2.5m-2.75m 8 0
2.75m-3m 6 0
3m-3.5m 6 3 0.1 12
3.5m-4m 7 5 1 0.1 8.4
4m-4.5m 3 0
4.5m-5m 5 0
5.01m-6m 2 4 0.3 3
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 3 8 0.4 2.3
76k-100k 17 13 3 0.1 7.8
101k-125k 16 3 0 32
126k-150k 18 4 0 27
151k-175k 5 6 0.2 5
176k-200k 15 3 0 30
201k-225k 7 3 0.1 14
226k-250k 6 5 1 0.1 7.2
251k-275k 1 3 0.5 2
276k-300k 7 2 1 0 21
301k-325k 8 0
326k-350k 15 1 0 90
351k-375k 2 1 0.1 12
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 6 0
601k-650k 6 7 2 0.2 5.1
651k-700k 4 2 1 0.1 12
701k-750k 5 0
751k-800k 5 1 0 30
801k-850k 3 1 1 0.1 18
851k-900k 7 2 0 21
901k-950k 4 0
951k-1m 4 0
1m-1.1m 1 2 0.3 3
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 3 3 0.2 6
1.3m-1.4m 3 0
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 2 0
1.9m-2m 1 0
2m-2.25m 3 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