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 1 6 3 1 1
126k-150k 3 10 2 0.6 1.8
151k-175k 9 18 5 0.3 3
176k-200k 16 27 5 0.3 3.6
201k-225k 14 37 8 0.4 2.3
226k-250k 25 72 9 0.5 2.1
251k-275k 33 95 15 0.5 2.1
276k-300k 72 120 26 0.3 3.6
301k-325k 55 114 17 0.3 2.9
326k-350k 87 161 23 0.3 3.2
351k-375k 75 164 27 0.4 2.7
376k-400k 95 206 35 0.4 2.8
401k-425k 70 142 21 0.3 3
426k-450k 106 151 25 0.2 4.2
451k-475k 55 100 14 0.3 3.3
476k-500k 76 125 23 0.3 3.6
501k-550k 121 189 30 0.3 3.8
551k-600k 98 128 18 0.2 4.6
601k-650k 73 125 11 0.3 3.5
651k-700k 52 101 20 0.3 3.1
701k-750k 47 66 10 0.2 4.3
751k-800k 39 80 14 0.3 2.9
801k-850k 33 54 6 0.3 3.7
851k-900k 44 49 9 0.2 5.4
901k-950k 19 43 3 0.4 2.7
951k-1m 28 44 9 0.3 3.8
1m-1.1m 26 38 4 0.2 4.1
1.1m-1.2m 25 35 4 0.2 4.3
1.2m-1.3m 27 38 7 0.2 4.3
1.3m-1.4m 15 26 3 0.3 3.5
1.4m-1.5m 13 25 4 0.3 3.1
1.5m-1.6m 14 20 2 0.2 4.2
1.6m-1.7m 11 23 2 0.3 2.9
1.7m-1.8m 11 11 1 0.2 6
1.8m-1.9m 5 15 4 0.5 2
1.9m-2m 9 9 0.2 6
2m-2.25m 17 18 2 0.2 5.7
2.25m-2.5m 27 15 1 0.1 10.8
2.5m-2.75m 17 14 5 0.1 7.3
2.75m-3m 13 9 1 0.1 8.7
3m-3.5m 18 12 1 0.1 9
3.5m-4m 18 10 1 0.1 10.8
4m-4.5m 4 8 1 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 3 0.3 4
7.01m-8m 9 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
176k-200k 5 8 2 0.3 3.8
201k-225k 9 18 1 0.3 3
226k-250k 25 33 6 0.2 4.5
251k-275k 26 46 7 0.3 3.4
276k-300k 29 37 7 0.2 4.7
301k-325k 31 40 5 0.2 4.7
326k-350k 27 26 5 0.2 6.2
351k-375k 10 28 5 0.5 2.1
376k-400k 21 31 3 0.2 4.1
401k-425k 14 21 4 0.3 4
426k-450k 10 11 2 0.2 5.5
451k-475k 13 11 1 0.1 7.1
476k-500k 12 15 5 0.2 4.8
501k-550k 16 22 4 0.2 4.4
551k-600k 10 17 5 0.3 3.5
601k-650k 16 16 2 0.2 6
651k-700k 14 16 5 0.2 5.3
701k-750k 14 17 5 0.2 4.9
751k-800k 12 17 3 0.2 4.2
801k-850k 15 7 1 0.1 12.9
851k-900k 10 10 1 0.2 6
901k-950k 6 9 3 0.3 4
951k-1m 6 7 1 0.2 5.1
1m-1.1m 7 3 1 0.1 14
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 2 0.3 3
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 1 0.2 6
2.25m-2.5m 1 0
2.5m-2.75m 2 0
2.75m-3m 1 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 6 10 3 0.3 3.6
101k-125k 20 26 2 0.2 4.6
126k-150k 37 37 7 0.2 6
151k-175k 48 46 3 0.2 6.3
176k-200k 67 48 10 0.1 8.4
201k-225k 60 44 7 0.1 8.2
226k-250k 67 32 2 0.1 12.6
251k-275k 27 22 6 0.1 7.4
276k-300k 34 20 3 0.1 10.2
301k-325k 28 17 1 0.1 9.9
326k-350k 24 15 2 0.1 9.6
351k-375k 7 13 2 0.3 3.2
376k-400k 14 15 3 0.2 5.6
401k-425k 8 9 0.2 5.3
426k-450k 16 11 0.1 8.7
451k-475k 11 9 2 0.1 7.3
476k-500k 7 8 0.2 5.3
501k-550k 10 18 4 0.3 3.3
551k-600k 10 7 1 0.1 8.6
601k-650k 10 12 0.2 5
651k-700k 8 9 0.2 5.3
701k-750k 10 5 1 0.1 12
751k-800k 3 8 2 0.4 2.3
801k-850k 6 5 1 0.1 7.2
851k-900k 3 1 0.1 18
901k-950k 2 2 0.2 6
951k-1m 6 6 0.2 6
1m-1.1m 6 5 2 0.1 7.2
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 1 5 2 0.8 1.2
1.4m-1.5m 4 6 2 0.3 4
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 1 5 2 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 4 2 1 0.1 12
2m-2.25m 10 14 3 0.2 4.3
2.25m-2.5m 18 9 2 0.1 12
2.5m-2.75m 8 3 0.1 16
2.75m-3m 6 0
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 1 6 1 1 1
51k-75k 4 9 0.4 2.7
76k-100k 14 12 2 0.1 7
101k-125k 16 4 0 24
126k-150k 16 5 1 0.1 19.2
151k-175k 6 7 0.2 5.1
176k-200k 17 5 0 20.4
201k-225k 8 3 0.1 16
226k-250k 7 4 2 0.1 10.5
251k-275k 6 4 1 0.1 9
276k-300k 7 2 1 0 21
301k-325k 5 0
326k-350k 15 1 0 90
351k-375k 3 1 0.1 18
376k-400k 1 3 0.5 2
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 2 4 1 0.3 3
551k-600k 6 0
601k-650k 4 7 3 0.3 3.4
651k-700k 5 2 2 0.1 15
701k-750k 4 0
751k-800k 5 1 0 30
801k-850k 3 1 1 0.1 18
851k-900k 7 3 0.1 14
901k-950k 5 0
951k-1m 4 0
1m-1.1m 2 0.3 0
1.1m-1.2m 6 2 0.1 18
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 4 1 0 24
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 2 0
2.25m-2.5m 3 0
2.5m-2.75m 7 0
2.75m-3m 10 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