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 1 0.2 0
101k-125k 2 6 3 0.5 2
126k-150k 3 10 2 0.6 1.8
151k-175k 9 18 5 0.3 3
176k-200k 16 26 3 0.3 3.7
201k-225k 13 36 7 0.5 2.2
226k-250k 26 70 6 0.4 2.2
251k-275k 32 99 16 0.5 1.9
276k-300k 69 122 26 0.3 3.4
301k-325k 55 115 20 0.3 2.9
326k-350k 90 166 26 0.3 3.3
351k-375k 76 164 27 0.4 2.8
376k-400k 96 205 36 0.4 2.8
401k-425k 74 146 25 0.3 3
426k-450k 102 148 25 0.2 4.1
451k-475k 49 98 14 0.3 3
476k-500k 75 126 25 0.3 3.6
501k-550k 122 189 30 0.3 3.9
551k-600k 102 128 18 0.2 4.8
601k-650k 73 122 11 0.3 3.6
651k-700k 54 105 23 0.3 3.1
701k-750k 49 67 12 0.2 4.4
751k-800k 39 81 15 0.3 2.9
801k-850k 33 50 7 0.3 4
851k-900k 41 50 9 0.2 4.9
901k-950k 19 43 4 0.4 2.7
951k-1m 30 43 8 0.2 4.2
1m-1.1m 27 38 5 0.2 4.3
1.1m-1.2m 24 37 7 0.3 3.9
1.2m-1.3m 27 36 7 0.2 4.5
1.3m-1.4m 14 27 4 0.3 3.1
1.4m-1.5m 13 25 4 0.3 3.1
1.5m-1.6m 15 20 4 0.2 4.5
1.6m-1.7m 8 22 2 0.5 2.2
1.7m-1.8m 12 10 1 0.1 7.2
1.8m-1.9m 4 13 4 0.5 1.8
1.9m-2m 9 8 0.1 6.8
2m-2.25m 18 19 3 0.2 5.7
2.25m-2.5m 26 15 2 0.1 10.4
2.5m-2.75m 17 13 4 0.1 7.8
2.75m-3m 13 10 2 0.1 7.8
3m-3.5m 18 12 1 0.1 9
3.5m-4m 18 10 1 0.1 10.8
4m-4.5m 4 8 1 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 3 0.3 4
7.01m-8m 8 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
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 5 8 2 0.3 3.8
201k-225k 9 18 1 0.3 3
226k-250k 26 33 5 0.2 4.7
251k-275k 26 45 5 0.3 3.5
276k-300k 28 37 9 0.2 4.5
301k-325k 32 41 5 0.2 4.7
326k-350k 26 26 3 0.2 6
351k-375k 10 29 7 0.5 2.1
376k-400k 19 31 4 0.3 3.7
401k-425k 14 20 3 0.2 4.2
426k-450k 9 11 2 0.2 4.9
451k-475k 13 12 2 0.2 6.5
476k-500k 14 16 6 0.2 5.3
501k-550k 16 21 4 0.2 4.6
551k-600k 10 17 5 0.3 3.5
601k-650k 16 16 1 0.2 6
651k-700k 16 16 5 0.2 6
701k-750k 13 17 5 0.2 4.6
751k-800k 11 19 5 0.3 3.5
801k-850k 14 7 1 0.1 12
851k-900k 10 11 2 0.2 5.5
901k-950k 4 10 3 0.4 2.4
951k-1m 6 8 2 0.2 4.5
1m-1.1m 7 4 2 0.1 10.5
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 6 4 2 0.1 9
1.3m-1.4m 2 4 2 0.3 3
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 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 1 2 0.3 3
76k-100k 5 10 3 0.3 3
101k-125k 22 26 4 0.2 5.1
126k-150k 37 37 7 0.2 6
151k-175k 49 46 5 0.2 6.4
176k-200k 66 50 11 0.1 7.9
201k-225k 58 42 5 0.1 8.3
226k-250k 68 30 2 0.1 13.6
251k-275k 28 22 6 0.1 7.6
276k-300k 31 20 3 0.1 9.3
301k-325k 27 16 1 0.1 10.1
326k-350k 24 15 2 0.1 9.6
351k-375k 6 13 1 0.4 2.8
376k-400k 14 15 3 0.2 5.6
401k-425k 11 9 0.1 7.3
426k-450k 14 11 0.1 7.6
451k-475k 10 9 1 0.2 6.7
476k-500k 8 8 0.2 6
501k-550k 12 18 3 0.3 4
551k-600k 10 7 1 0.1 8.6
601k-650k 10 12 0.2 5
651k-700k 8 10 1 0.2 4.8
701k-750k 9 5 1 0.1 10.8
751k-800k 3 8 2 0.4 2.3
801k-850k 6 6 2 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 3 1 0.3 4
951k-1m 6 6 0.2 6
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 2 0.7 1.5
1.4m-1.5m 4 6 2 0.3 4
1.5m-1.6m 2 0
1.6m-1.7m 1 5 1 0.8 1.2
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 7 3 0.1 14
1.9m-2m 4 2 1 0.1 12
2m-2.25m 10 12 3 0.2 5
2.25m-2.5m 17 7 2 0.1 14.6
2.5m-2.75m 8 3 0.1 16
2.75m-3m 6 0
3m-3.5m 6 5 0.1 7.2
3.5m-4m 7 5 1 0.1 8.4
4m-4.5m 4 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
26k-50k 1 7 2 1.2 0.9
51k-75k 4 9 0.4 2.7
76k-100k 14 13 2 0.2 6.5
101k-125k 16 4 0 24
126k-150k 16 5 1 0.1 19.2
151k-175k 6 6 0.2 6
176k-200k 17 5 0 20.4
201k-225k 8 3 0.1 16
226k-250k 7 5 3 0.1 8.4
251k-275k 6 4 1 0.1 9
276k-300k 7 2 1 0 21
301k-325k 6 0
326k-350k 15 1 0 90
351k-375k 3 1 0.1 18
376k-400k 1 3 0.5 2
401k-425k 5 2 0.1 15
426k-450k 7 1 1 0 42
451k-475k 2 0.3 0
476k-500k 6 0
501k-550k 2 4 1 0.3 3
551k-600k 6 0
601k-650k 4 7 3 0.3 3.4
651k-700k 5 2 1 0.1 15
701k-750k 4 0
751k-800k 5 1 0 30
801k-850k 4 1 1 0 24
851k-900k 7 3 0.1 14
901k-950k 4 0
951k-1m 4 0
1m-1.1m 2 0.3 0
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 4 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
1.8m-1.9m 1 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