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
101k-125k 1 3 0.5 2
126k-150k 1 11 2 1.8 0.5
151k-175k 9 17 3 0.3 3.2
176k-200k 21 29 6 0.2 4.3
201k-225k 17 36 9 0.4 2.8
226k-250k 26 77 19 0.5 2
251k-275k 33 101 19 0.5 2
276k-300k 71 118 20 0.3 3.6
301k-325k 56 115 18 0.3 2.9
326k-350k 103 162 27 0.3 3.8
351k-375k 75 164 26 0.4 2.7
376k-400k 107 206 40 0.3 3.1
401k-425k 73 159 24 0.4 2.8
426k-450k 107 159 15 0.2 4
451k-475k 54 111 16 0.3 2.9
476k-500k 79 125 20 0.3 3.8
501k-550k 129 186 27 0.2 4.2
551k-600k 98 141 23 0.2 4.2
601k-650k 75 139 16 0.3 3.2
651k-700k 65 101 15 0.3 3.9
701k-750k 45 76 12 0.3 3.6
751k-800k 39 77 13 0.3 3
801k-850k 23 57 5 0.4 2.4
851k-900k 45 46 7 0.2 5.9
901k-950k 28 46 3 0.3 3.7
951k-1m 21 40 7 0.3 3.2
1m-1.1m 32 42 4 0.2 4.6
1.1m-1.2m 23 43 6 0.3 3.2
1.2m-1.3m 25 42 5 0.3 3.6
1.3m-1.4m 18 33 3 0.3 3.3
1.4m-1.5m 11 29 4 0.4 2.3
1.5m-1.6m 14 22 1 0.3 3.8
1.6m-1.7m 11 26 0.4 2.5
1.7m-1.8m 14 17 4 0.2 4.9
1.8m-1.9m 6 14 0.4 2.6
1.9m-2m 5 11 3 0.4 2.7
2m-2.25m 15 25 4 0.3 3.6
2.25m-2.5m 26 16 3 0.1 9.8
2.5m-2.75m 19 14 4 0.1 8.1
2.75m-3m 16 9 2 0.1 10.7
3m-3.5m 17 14 1 0.1 7.3
3.5m-4m 20 12 6 0.1 10
4m-4.5m 7 8 1 0.2 5.3
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 3 0.2 5
201k-225k 9 21 2 0.4 2.6
226k-250k 26 34 2 0.2 4.6
251k-275k 21 57 9 0.5 2.2
276k-300k 37 37 3 0.2 6
301k-325k 36 42 14 0.2 5.1
326k-350k 32 27 5 0.1 7.1
351k-375k 12 29 3 0.4 2.5
376k-400k 22 32 3 0.2 4.1
401k-425k 16 25 4 0.3 3.8
426k-450k 13 16 1 0.2 4.9
451k-475k 10 14 1 0.2 4.3
476k-500k 13 13 4 0.2 6
501k-550k 17 24 1 0.2 4.3
551k-600k 14 15 0.2 5.6
601k-650k 14 19 2 0.2 4.4
651k-700k 15 15 1 0.2 6
701k-750k 12 15 3 0.2 4.8
751k-800k 16 15 5 0.2 6.4
801k-850k 14 8 2 0.1 10.5
851k-900k 8 9 3 0.2 5.3
901k-950k 7 9 3 0.2 4.7
951k-1m 8 7 0.1 6.9
1m-1.1m 7 2 0 21
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 6 2 2 0.1 18
1.3m-1.4m 3 3 0.2 6
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
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 23 28 3 0.2 4.9
126k-150k 35 37 6 0.2 5.7
151k-175k 48 54 3 0.2 5.3
176k-200k 65 51 2 0.1 7.6
201k-225k 68 46 6 0.1 8.9
226k-250k 66 42 4 0.1 9.4
251k-275k 28 26 1 0.2 6.5
276k-300k 31 21 2 0.1 8.9
301k-325k 29 23 1 0.1 7.6
326k-350k 21 20 3 0.2 6.3
351k-375k 4 11 2 0.5 2.2
376k-400k 16 14 2 0.1 6.9
401k-425k 9 13 1 0.2 4.2
426k-450k 15 12 0.1 7.5
451k-475k 10 10 2 0.2 6
476k-500k 5 11 2 0.4 2.7
501k-550k 8 16 2 0.3 3
551k-600k 15 7 0.1 12.9
601k-650k 10 14 5 0.2 4.3
651k-700k 6 10 3 0.3 3.6
701k-750k 7 4 1 0.1 10.5
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 5 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 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 7 5 0.1 8.4
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 14 14 4 0.2 6
101k-125k 15 7 3 0.1 12.9
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 7 2 1 0 21
251k-275k 5 4 0.1 7.5
276k-300k 7 1 0 42
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 3 0.1 8
551k-600k 6 0
601k-650k 6 5 1 0.1 7.2
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 7 2 1 0 21
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