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
101k-125k 1 4 1 0.7 1.5
126k-150k 1 11 2 1.8 0.5
151k-175k 9 16 3 0.3 3.4
176k-200k 21 29 7 0.2 4.3
201k-225k 15 36 9 0.4 2.5
226k-250k 24 77 19 0.5 1.9
251k-275k 35 101 19 0.5 2.1
276k-300k 71 121 21 0.3 3.5
301k-325k 60 116 17 0.3 3.1
326k-350k 98 160 24 0.3 3.7
351k-375k 78 167 28 0.4 2.8
376k-400k 103 208 39 0.3 3
401k-425k 73 156 21 0.4 2.8
426k-450k 106 156 14 0.2 4.1
451k-475k 54 111 14 0.3 2.9
476k-500k 79 126 20 0.3 3.8
501k-550k 131 186 27 0.2 4.2
551k-600k 93 141 21 0.3 4
601k-650k 73 138 14 0.3 3.2
651k-700k 60 104 12 0.3 3.5
701k-750k 44 77 10 0.3 3.4
751k-800k 39 75 10 0.3 3.1
801k-850k 25 55 4 0.4 2.7
851k-900k 44 47 7 0.2 5.6
901k-950k 29 44 3 0.3 4
951k-1m 23 41 8 0.3 3.4
1m-1.1m 30 42 4 0.2 4.3
1.1m-1.2m 25 42 6 0.3 3.6
1.2m-1.3m 24 44 5 0.3 3.3
1.3m-1.4m 18 34 4 0.3 3.2
1.4m-1.5m 12 30 4 0.4 2.4
1.5m-1.6m 14 21 1 0.3 4
1.6m-1.7m 11 27 1 0.4 2.4
1.7m-1.8m 14 17 4 0.2 4.9
1.8m-1.9m 6 12 0.3 3
1.9m-2m 5 11 3 0.4 2.7
2m-2.25m 15 23 3 0.3 3.9
2.25m-2.5m 26 16 3 0.1 9.8
2.5m-2.75m 18 14 4 0.1 7.7
2.75m-3m 16 9 2 0.1 10.7
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 12 4 0.1 10
4m-4.5m 6 8 1 0.2 4.5
4.5m-5m 6 6 0.2 6
5.01m-6m 8 3 2 0.1 16
6.01m-7m 2 3 1 0.3 4
7.01m-8m 10 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 5 6 2 0.2 5
201k-225k 9 20 0.4 2.7
226k-250k 28 32 2 0.2 5.3
251k-275k 21 55 9 0.4 2.3
276k-300k 36 37 4 0.2 5.8
301k-325k 34 41 12 0.2 5
326k-350k 32 27 5 0.1 7.1
351k-375k 13 30 4 0.4 2.6
376k-400k 22 31 3 0.2 4.3
401k-425k 15 25 4 0.3 3.6
426k-450k 12 15 1 0.2 4.8
451k-475k 11 13 1 0.2 5.1
476k-500k 13 13 4 0.2 6
501k-550k 17 25 3 0.2 4.1
551k-600k 14 15 0.2 5.6
601k-650k 14 19 1 0.2 4.4
651k-700k 14 15 1 0.2 5.6
701k-750k 12 17 5 0.2 4.2
751k-800k 15 15 4 0.2 6
801k-850k 14 8 2 0.1 10.5
851k-900k 9 9 3 0.2 6
901k-950k 6 9 3 0.3 4
951k-1m 7 7 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 4 1 0.2 4.5
1.4m-1.5m 1 0.2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 3 0.5 0
2m-2.25m 2 0.3 0
2.25m-2.5m 2 2 0.2 6
2.5m-2.75m 1 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 4 9 4 0.4 2.7
101k-125k 24 28 2 0.2 5.1
126k-150k 35 35 5 0.2 6
151k-175k 49 54 4 0.2 5.4
176k-200k 63 52 4 0.1 7.3
201k-225k 69 45 6 0.1 9.2
226k-250k 64 39 4 0.1 9.8
251k-275k 27 26 1 0.2 6.2
276k-300k 32 21 1 0.1 9.1
301k-325k 31 23 1 0.1 8.1
326k-350k 21 21 4 0.2 6
351k-375k 4 11 2 0.5 2.2
376k-400k 16 14 2 0.1 6.9
401k-425k 8 13 1 0.3 3.7
426k-450k 17 12 0.1 8.5
451k-475k 9 10 2 0.2 5.4
476k-500k 5 11 1 0.4 2.7
501k-550k 8 16 2 0.3 3
551k-600k 13 7 0.1 11.1
601k-650k 10 14 5 0.2 4.3
651k-700k 6 10 3 0.3 3.6
701k-750k 8 4 1 0.1 12
751k-800k 5 7 0.2 4.3
801k-850k 4 4 1 0.2 6
851k-900k 4 1 0 24
901k-950k 2 2 1 0.2 6
951k-1m 6 6 0.2 6
1m-1.1m 6 3 1 0.1 12
1.1m-1.2m 7 3 1 0.1 14
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 1 6 1 1 1
1.4m-1.5m 5 5 1 0.2 6
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 1 9 2 1.5 0.7
1.7m-1.8m 3 5 0.3 3.6
1.8m-1.9m 7 10 0.2 4.2
1.9m-2m 3 8 1 0.4 2.3
2m-2.25m 11 22 3 0.3 3
2.25m-2.5m 16 10 1 0.1 9.6
2.5m-2.75m 9 6 0.1 9
2.75m-3m 6 5 0.1 7.2
3m-3.5m 5 5 0.2 6
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 6 0.5 2
51k-75k 2 11 1 0.9 1.1
76k-100k 15 13 4 0.1 6.9
101k-125k 14 7 2 0.1 12
126k-150k 16 6 1 0.1 16
151k-175k 9 9 1 0.2 6
176k-200k 21 5 0 25.2
201k-225k 7 5 2 0.1 8.4
226k-250k 6 3 2 0.1 12
251k-275k 5 4 0.1 7.5
276k-300k 8 1 0 48
301k-325k 4 0
326k-350k 13 1 0 78
351k-375k 3 1 1 0.1 18
376k-400k 3 3 0.2 6
401k-425k 4 3 1 0.1 8
426k-450k 7 1 0 42
451k-475k 1 2 1 0.3 3
476k-500k 4 0
501k-550k 4 4 1 0.2 6
551k-600k 6 0
601k-650k 6 6 2 0.2 6
651k-700k 4 1 1 0 24
701k-750k 5 0
751k-800k 5 1 0 30
801k-850k 1 0
851k-900k 6 3 1 0.1 12
901k-950k 4 0
951k-1m 3 1 0.1 18
1m-1.1m 2 1 0.3 0
1.1m-1.2m 6 2 1 0.1 18
1.2m-1.3m 4 2 0.1 12
1.3m-1.4m 6 1 0 36
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 3 0
2.25m-2.5m 2 0
2.5m-2.75m 7 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