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 0.2 0
101k-125k 1 6 1 1 1
126k-150k 12 2 2 0
151k-175k 7 22 6 0.5 1.9
176k-200k 20 33 7 0.3 3.6
201k-225k 13 45 14 0.6 1.7
226k-250k 23 72 7 0.5 1.9
251k-275k 38 93 8 0.4 2.5
276k-300k 67 126 27 0.3 3.2
301k-325k 56 112 14 0.3 3
326k-350k 86 161 25 0.3 3.2
351k-375k 69 163 27 0.4 2.5
376k-400k 97 199 18 0.3 2.9
401k-425k 69 138 25 0.3 3
426k-450k 97 144 25 0.2 4
451k-475k 50 99 12 0.3 3
476k-500k 75 121 18 0.3 3.7
501k-550k 116 176 27 0.3 4
551k-600k 102 122 15 0.2 5
601k-650k 65 106 12 0.3 3.7
651k-700k 58 102 22 0.3 3.4
701k-750k 41 67 14 0.3 3.7
751k-800k 35 74 11 0.4 2.8
801k-850k 31 51 11 0.3 3.6
851k-900k 41 49 9 0.2 5
901k-950k 19 40 4 0.4 2.9
951k-1m 22 41 5 0.3 3.2
1m-1.1m 22 36 6 0.3 3.7
1.1m-1.2m 25 27 7 0.2 5.6
1.2m-1.3m 21 35 2 0.3 3.6
1.3m-1.4m 16 25 5 0.3 3.8
1.4m-1.5m 10 24 1 0.4 2.5
1.5m-1.6m 13 19 4 0.2 4.1
1.6m-1.7m 9 20 1 0.4 2.7
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 8 7 3 0.1 6.9
1.9m-2m 9 7 0.1 7.7
2m-2.25m 14 15 2 0.2 5.6
2.25m-2.5m 23 13 2 0.1 10.6
2.5m-2.75m 18 13 1 0.1 8.3
2.75m-3m 13 9 1 0.1 8.7
3m-3.5m 17 11 0.1 9.3
3.5m-4m 17 14 5 0.1 7.3
4m-4.5m 4 8 2 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 10 4 1 0.1 15
6.01m-7m 1 1 0.2 6
7.01m-8m 7 0
8.01m-9m 1 0
9.01m-10m 1 1 0.2 6
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 4 6 0.3 4
201k-225k 6 19 2 0.5 1.9
226k-250k 26 36 5 0.2 4.3
251k-275k 24 46 4 0.3 3.1
276k-300k 26 38 8 0.2 4.1
301k-325k 39 45 11 0.2 5.2
326k-350k 25 33 10 0.2 4.5
351k-375k 13 29 5 0.4 2.7
376k-400k 18 31 4 0.3 3.5
401k-425k 11 18 2 0.3 3.7
426k-450k 10 14 4 0.2 4.3
451k-475k 12 12 2 0.2 6
476k-500k 14 14 2 0.2 6
501k-550k 13 19 1 0.2 4.1
551k-600k 8 16 3 0.3 3
601k-650k 16 15 0.2 6.4
651k-700k 15 14 2 0.2 6.4
701k-750k 11 14 2 0.2 4.7
751k-800k 12 20 6 0.3 3.6
801k-850k 10 7 1 0.1 8.6
851k-900k 12 7 1 0.1 10.3
901k-950k 4 8 1 0.3 3
951k-1m 4 9 4 0.4 2.7
1m-1.1m 7 6 3 0.1 7
1.1m-1.2m 2 0
1.2m-1.3m 6 4 1 0.1 9
1.3m-1.4m 1 4 0.7 1.5
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 1 0.2 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 2 0.3 0
76k-100k 4 10 2 0.4 2.4
101k-125k 23 29 7 0.2 4.8
126k-150k 29 35 5 0.2 5
151k-175k 49 41 5 0.1 7.2
176k-200k 67 52 8 0.1 7.7
201k-225k 54 44 10 0.1 7.4
226k-250k 50 25 1 0.1 12
251k-275k 23 22 4 0.2 6.3
276k-300k 32 19 2 0.1 10.1
301k-325k 27 16 2 0.1 10.1
326k-350k 23 13 0.1 10.6
351k-375k 6 13 1 0.4 2.8
376k-400k 14 12 0.1 7
401k-425k 7 8 1 0.2 5.3
426k-450k 20 8 1 0.1 15
451k-475k 5 8 1 0.3 3.8
476k-500k 7 7 0.2 6
501k-550k 11 17 2 0.3 3.9
551k-600k 9 8 3 0.1 6.8
601k-650k 7 10 0.2 4.2
651k-700k 8 11 2 0.2 4.4
701k-750k 8 5 1 0.1 9.6
751k-800k 2 7 0.6 1.7
801k-850k 4 5 1 0.2 4.8
851k-900k 3 1 0.1 18
901k-950k 3 3 1 0.2 6
951k-1m 5 7 1 0.2 4.3
1m-1.1m 5 6 1 0.2 5
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 5 7 2 0.2 4.3
1.5m-1.6m 1 0
1.6m-1.7m 1 3 0.5 2
1.7m-1.8m 2 0
1.8m-1.9m 7 3 1 0.1 14
1.9m-2m 3 3 0.2 6
2m-2.25m 11 9 1 0.1 7.3
2.25m-2.5m 15 6 1 0.1 15
2.5m-2.75m 8 0
2.75m-3m 6 0
3m-3.5m 5 3 0.1 10
3.5m-4m 7 4 1 0.1 10.5
4m-4.5m 3 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
1k-25k 1 1 0.2 0
26k-50k 1 6 2 1 1
51k-75k 4 8 0.3 3
76k-100k 16 12 2 0.1 8
101k-125k 16 3 0 32
126k-150k 19 4 0 28.5
151k-175k 5 6 0.2 5
176k-200k 16 4 1 0 24
201k-225k 7 4 1 0.1 10.5
226k-250k 5 5 1 0.2 6
251k-275k 5 3 0.1 10
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 1 0 30
426k-450k 7 1 0 42
451k-475k 2 0.3 0
476k-500k 4 0
501k-550k 1 3 0.5 2
551k-600k 5 0
601k-650k 7 6 2 0.1 7
651k-700k 4 2 1 0.1 12
701k-750k 6 0
751k-800k 8 1 0 48
801k-850k 2 1 0.1 12
851k-900k 7 2 0 21
901k-950k 5 0
951k-1m 4 0
1m-1.1m 2 3 1 0.3 4
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 4 3 0.1 8
1.3m-1.4m 3 0
1.4m-1.5m 5 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.9m-2m 2 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