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 12 2 0.7 1.5
151k-175k 8 17 4 0.4 2.8
176k-200k 20 26 7 0.2 4.6
201k-225k 14 34 5 0.4 2.5
226k-250k 23 77 18 0.6 1.8
251k-275k 30 103 20 0.6 1.7
276k-300k 71 118 21 0.3 3.6
301k-325k 57 113 12 0.3 3
326k-350k 93 157 15 0.3 3.6
351k-375k 78 166 20 0.4 2.8
376k-400k 102 201 33 0.3 3
401k-425k 74 146 24 0.3 3
426k-450k 100 151 14 0.3 4
451k-475k 46 102 9 0.4 2.7
476k-500k 78 124 20 0.3 3.8
501k-550k 128 180 21 0.2 4.3
551k-600k 97 131 17 0.2 4.4
601k-650k 77 133 11 0.3 3.5
651k-700k 56 104 16 0.3 3.2
701k-750k 44 73 10 0.3 3.6
751k-800k 37 73 7 0.3 3
801k-850k 27 53 3 0.3 3.1
851k-900k 49 43 5 0.1 6.8
901k-950k 25 43 3 0.3 3.5
951k-1m 23 40 6 0.3 3.5
1m-1.1m 27 37 0.2 4.4
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 19 28 2 0.2 4.1
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 19 2 0.2 5.4
2.25m-2.5m 26 17 2 0.1 9.2
2.5m-2.75m 18 13 4 0.1 8.3
2.75m-3m 13 9 2 0.1 8.7
3m-3.5m 18 14 2 0.1 7.7
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 8 20 0.4 2.4
226k-250k 23 33 4 0.2 4.2
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 26 6 0.2 6.5
351k-375k 9 31 4 0.6 1.7
376k-400k 22 29 3 0.2 4.6
401k-425k 13 24 5 0.3 3.3
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 17 2 0.2 4.9
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 15 7 1 0.1 12.9
851k-900k 8 10 2 0.2 4.8
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 3 3 1 0.2 6
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 3 10 4 0.6 1.8
101k-125k 24 25 0.2 5.8
126k-150k 35 34 5 0.2 6.2
151k-175k 52 51 5 0.2 6.1
176k-200k 63 53 8 0.1 7.1
201k-225k 63 43 5 0.1 8.8
226k-250k 68 37 4 0.1 11
251k-275k 28 23 5 0.1 7.3
276k-300k 33 18 1 0.1 11
301k-325k 29 18 1 0.1 9.7
326k-350k 20 17 3 0.1 7.1
351k-375k 6 11 1 0.3 3.3
376k-400k 15 14 2 0.2 6.4
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 6 10 0.3 3.6
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 5 3 1 0.1 10
1.2m-1.3m 3 5 1 0.3 3.6
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 14 12 4 0.1 7
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 6 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 7 2 1 0 21
1.2m-1.3m 4 3 1 0.1 8
1.3m-1.4m 4 1 0 24
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