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
51k-75k 1 0
76k-100k 2 1 1 0.1 12
101k-125k 1 6 3 1 1
126k-150k 3 11 3 0.6 1.6
151k-175k 9 18 5 0.3 3
176k-200k 23 27 7 0.2 5.1
201k-225k 11 40 11 0.6 1.7
226k-250k 25 75 12 0.5 2
251k-275k 34 98 17 0.5 2.1
276k-300k 73 118 23 0.3 3.7
301k-325k 61 116 17 0.3 3.2
326k-350k 87 160 18 0.3 3.3
351k-375k 77 163 22 0.4 2.8
376k-400k 98 206 33 0.4 2.9
401k-425k 74 144 24 0.3 3.1
426k-450k 106 155 24 0.2 4.1
451k-475k 54 103 13 0.3 3.1
476k-500k 77 120 23 0.3 3.9
501k-550k 122 185 26 0.3 4
551k-600k 95 129 19 0.2 4.4
601k-650k 73 127 10 0.3 3.4
651k-700k 58 104 19 0.3 3.3
701k-750k 45 73 13 0.3 3.7
751k-800k 37 78 10 0.4 2.8
801k-850k 29 52 3 0.3 3.3
851k-900k 44 47 7 0.2 5.6
901k-950k 20 44 4 0.4 2.7
951k-1m 23 42 7 0.3 3.3
1m-1.1m 29 37 2 0.2 4.7
1.1m-1.2m 23 37 4 0.3 3.7
1.2m-1.3m 27 38 8 0.2 4.3
1.3m-1.4m 17 25 2 0.2 4.1
1.4m-1.5m 13 26 4 0.3 3
1.5m-1.6m 15 20 2 0.2 4.5
1.6m-1.7m 11 24 1 0.4 2.8
1.7m-1.8m 11 13 4 0.2 5.1
1.8m-1.9m 5 12 1 0.4 2.5
1.9m-2m 7 9 0.2 4.7
2m-2.25m 17 17 1 0.2 6
2.25m-2.5m 30 16 1 0.1 11.3
2.5m-2.75m 17 15 5 0.1 6.8
2.75m-3m 14 9 3 0.1 9.3
3m-3.5m 17 13 2 0.1 7.8
3.5m-4m 19 10 2 0.1 11.4
4m-4.5m 6 8 0.2 4.5
4.5m-5m 5 5 0.2 6
5.01m-6m 10 3 1 0.1 20
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 1 0.1 18
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 6 7 1 0.2 5.1
201k-225k 9 18 0.3 3
226k-250k 24 31 5 0.2 4.6
251k-275k 24 50 7 0.3 2.9
276k-300k 31 37 7 0.2 5
301k-325k 34 40 9 0.2 5.1
326k-350k 30 24 6 0.1 7.5
351k-375k 10 31 5 0.5 1.9
376k-400k 21 29 1 0.2 4.3
401k-425k 11 22 5 0.3 3
426k-450k 11 14 2 0.2 4.7
451k-475k 13 12 1 0.2 6.5
476k-500k 14 14 4 0.2 6
501k-550k 15 24 3 0.3 3.8
551k-600k 13 16 3 0.2 4.9
601k-650k 14 17 2 0.2 4.9
651k-700k 14 15 3 0.2 5.6
701k-750k 13 16 6 0.2 4.9
751k-800k 15 17 3 0.2 5.3
801k-850k 15 7 1 0.1 12.9
851k-900k 11 10 1 0.2 6.6
901k-950k 4 10 4 0.4 2.4
951k-1m 6 6 0.2 6
1m-1.1m 7 3 1 0.1 14
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 6 3 2 0.1 12
1.3m-1.4m 2 4 2 0.3 3
1.4m-1.5m 1 0.2 0
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 1 0.2 6
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 4 10 3 0.4 2.4
101k-125k 21 26 1 0.2 4.8
126k-150k 37 36 7 0.2 6.2
151k-175k 49 47 3 0.2 6.3
176k-200k 69 49 8 0.1 8.4
201k-225k 64 44 5 0.1 8.7
226k-250k 65 34 3 0.1 11.5
251k-275k 23 23 5 0.2 6
276k-300k 35 21 2 0.1 10
301k-325k 29 18 0.1 9.7
326k-350k 24 15 3 0.1 9.6
351k-375k 7 11 1 0.3 3.8
376k-400k 13 15 3 0.2 5.2
401k-425k 8 10 1 0.2 4.8
426k-450k 15 12 0.1 7.5
451k-475k 11 8 2 0.1 8.3
476k-500k 7 10 0.2 4.2
501k-550k 11 16 2 0.2 4.1
551k-600k 10 8 1 0.1 7.5
601k-650k 10 13 2 0.2 4.6
651k-700k 7 9 2 0.2 4.7
701k-750k 9 5 1 0.1 10.8
751k-800k 4 8 2 0.3 3
801k-850k 4 5 2 0.2 4.8
851k-900k 3 1 0.1 18
901k-950k 2 2 0.2 6
951k-1m 5 6 0.2 5
1m-1.1m 6 5 3 0.1 7.2
1.1m-1.2m 5 3 0.1 10
1.2m-1.3m 4 3 1 0.1 8
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 5 7 3 0.2 4.3
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 8 2 1.3 0
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 7 5 0.1 8.4
1.9m-2m 4 3 1 0.1 8
2m-2.25m 10 18 3 0.3 3.3
2.25m-2.5m 18 9 2 0.1 12
2.5m-2.75m 7 3 0.1 14
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 5 0.8 1.2
51k-75k 4 10 1 0.4 2.4
76k-100k 13 12 3 0.2 6.5
101k-125k 16 5 2 0.1 19.2
126k-150k 16 6 1 0.1 16
151k-175k 6 8 1 0.2 4.5
176k-200k 19 5 0 22.8
201k-225k 6 3 0.1 12
226k-250k 7 4 2 0.1 10.5
251k-275k 7 5 1 0.1 8.4
276k-300k 8 1 0 48
301k-325k 5 0
326k-350k 15 1 0 90
351k-375k 2 1 1 0.1 12
376k-400k 1 3 0.5 2
401k-425k 4 2 1 0.1 12
426k-450k 7 1 1 0 42
451k-475k 2 0.3 0
476k-500k 7 0
501k-550k 2 4 1 0.3 3
551k-600k 7 0
601k-650k 7 6 2 0.1 7
651k-700k 5 2 2 0.1 15
701k-750k 5 0
751k-800k 3 1 0.1 18
801k-850k 2 1 1 0.1 12
851k-900k 7 3 0.1 14
901k-950k 5 0
951k-1m 4 1 0 24
1m-1.1m 2 1 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