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 2 0.5 2
126k-150k 10 2 1.7 0
151k-175k 9 19 4 0.4 2.8
176k-200k 20 28 4 0.2 4.3
201k-225k 12 36 9 0.5 2
226k-250k 26 69 4 0.4 2.3
251k-275k 32 94 11 0.5 2
276k-300k 71 122 22 0.3 3.5
301k-325k 59 114 20 0.3 3.1
326k-350k 82 166 25 0.3 3
351k-375k 70 160 23 0.4 2.6
376k-400k 100 201 28 0.3 3
401k-425k 74 144 27 0.3 3.1
426k-450k 98 146 24 0.2 4
451k-475k 50 96 13 0.3 3.1
476k-500k 77 120 21 0.3 3.9
501k-550k 118 185 29 0.3 3.8
551k-600k 108 124 17 0.2 5.2
601k-650k 73 112 11 0.3 3.9
651k-700k 54 107 22 0.3 3
701k-750k 48 64 10 0.2 4.5
751k-800k 33 77 14 0.4 2.6
801k-850k 32 50 9 0.3 3.8
851k-900k 38 47 8 0.2 4.9
901k-950k 21 42 4 0.3 3
951k-1m 27 41 7 0.3 4
1m-1.1m 23 37 7 0.3 3.7
1.1m-1.2m 23 34 6 0.2 4.1
1.2m-1.3m 26 36 5 0.2 4.3
1.3m-1.4m 15 26 4 0.3 3.5
1.4m-1.5m 14 24 1 0.3 3.5
1.5m-1.6m 15 20 3 0.2 4.5
1.6m-1.7m 8 21 1 0.4 2.3
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 6 12 3 0.3 3
1.9m-2m 9 8 0.1 6.8
2m-2.25m 15 19 3 0.2 4.7
2.25m-2.5m 26 14 3 0.1 11.1
2.5m-2.75m 16 13 3 0.1 7.4
2.75m-3m 12 10 2 0.1 7.2
3m-3.5m 18 12 0.1 9
3.5m-4m 17 12 3 0.1 8.5
4m-4.5m 4 9 2 0.4 2.7
4.5m-5m 4 5 0.2 4.8
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 2 0.2 6
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
151k-175k 1 0
176k-200k 5 7 2 0.2 4.3
201k-225k 8 19 2 0.4 2.5
226k-250k 26 33 4 0.2 4.7
251k-275k 27 45 4 0.3 3.6
276k-300k 27 39 8 0.2 4.2
301k-325k 34 43 9 0.2 4.7
326k-350k 24 28 5 0.2 5.1
351k-375k 10 28 6 0.5 2.1
376k-400k 21 32 4 0.3 3.9
401k-425k 13 20 3 0.3 3.9
426k-450k 8 13 4 0.3 3.7
451k-475k 13 12 3 0.2 6.5
476k-500k 14 15 4 0.2 5.6
501k-550k 16 21 2 0.2 4.6
551k-600k 10 16 5 0.3 3.8
601k-650k 16 16 1 0.2 6
651k-700k 17 16 3 0.2 6.4
701k-750k 12 16 4 0.2 4.5
751k-800k 11 20 6 0.3 3.3
801k-850k 14 7 0.1 12
851k-900k 11 11 2 0.2 6
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 1 0.2 6
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 2 0.3 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 2 0.3 3
101k-125k 26 27 5 0.2 5.8
126k-150k 32 35 7 0.2 5.5
151k-175k 50 45 3 0.2 6.7
176k-200k 66 50 5 0.1 7.9
201k-225k 57 43 9 0.1 8
226k-250k 61 26 1 0.1 14.1
251k-275k 26 21 4 0.1 7.4
276k-300k 33 19 3 0.1 10.4
301k-325k 27 16 1 0.1 10.1
326k-350k 25 15 0.1 10
351k-375k 6 13 1 0.4 2.8
376k-400k 14 12 1 0.1 7
401k-425k 11 8 0.1 8.3
426k-450k 18 8 0.1 13.5
451k-475k 9 8 1 0.1 6.8
476k-500k 9 8 0.1 6.8
501k-550k 11 18 3 0.3 3.7
551k-600k 10 8 2 0.1 7.5
601k-650k 10 11 0.2 5.5
651k-700k 9 10 1 0.2 5.4
701k-750k 9 5 1 0.1 10.8
751k-800k 3 8 1 0.4 2.3
801k-850k 6 6 2 0.2 6
851k-900k 3 1 0.1 18
901k-950k 1 3 1 0.5 2
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 1 0.7 1.5
1.4m-1.5m 4 7 3 0.3 3.4
1.5m-1.6m 2 0
1.6m-1.7m 1 5 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 5 2 0.1 15
2m-2.25m 10 11 2 0.2 5.5
2.25m-2.5m 17 6 1 0.1 17
2.5m-2.75m 8 2 0 24
2.75m-3m 6 0
3m-3.5m 6 4 0.1 9
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
-24,000-0 1 0
26k-50k 1 6 2 1 1
51k-75k 4 9 0.4 2.7
76k-100k 16 13 2 0.1 7.4
101k-125k 16 4 0 24
126k-150k 17 4 0 25.5
151k-175k 6 6 0.2 6
176k-200k 17 4 0 25.5
201k-225k 8 3 0.1 16
226k-250k 6 5 2 0.1 7.2
251k-275k 6 4 0.1 9
276k-300k 7 2 1 0 21
301k-325k 8 0
326k-350k 14 1 0 84
351k-375k 3 1 0.1 18
376k-400k 4 2 0.1 12
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 1 4 0.7 1.5
551k-600k 6 0
601k-650k 6 7 2 0.2 5.1
651k-700k 5 2 1 0.1 15
701k-750k 5 0
751k-800k 5 1 0 30
801k-850k 3 1 1 0.1 18
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 4 3 0.1 8
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