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 1 1 0.2 0
101k-125k 1 6 3 1 1
126k-150k 3 11 2 0.6 1.6
151k-175k 9 19 6 0.4 2.8
176k-200k 20 27 7 0.2 4.4
201k-225k 13 40 10 0.5 2
226k-250k 25 76 12 0.5 2
251k-275k 33 96 16 0.5 2.1
276k-300k 74 117 22 0.3 3.8
301k-325k 62 117 18 0.3 3.2
326k-350k 89 157 19 0.3 3.4
351k-375k 73 165 25 0.4 2.7
376k-400k 95 204 34 0.4 2.8
401k-425k 78 146 25 0.3 3.2
426k-450k 105 154 23 0.2 4.1
451k-475k 56 105 15 0.3 3.2
476k-500k 78 124 27 0.3 3.8
501k-550k 123 187 28 0.3 3.9
551k-600k 98 128 20 0.2 4.6
601k-650k 73 127 11 0.3 3.4
651k-700k 57 104 19 0.3 3.3
701k-750k 45 72 13 0.3 3.8
751k-800k 42 78 10 0.3 3.2
801k-850k 29 52 4 0.3 3.3
851k-900k 42 47 7 0.2 5.4
901k-950k 20 44 4 0.4 2.7
951k-1m 23 44 9 0.3 3.1
1m-1.1m 28 38 3 0.2 4.4
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 12 2 0.2 5.5
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 18 13 2 0.1 8.3
3.5m-4m 19 9 2 0.1 12.7
4m-4.5m 6 7 0.2 5.1
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 17 0.3 3.2
226k-250k 23 32 6 0.2 4.3
251k-275k 25 49 7 0.3 3.1
276k-300k 29 37 8 0.2 4.7
301k-325k 31 40 8 0.2 4.7
326k-350k 30 24 6 0.1 7.5
351k-375k 11 32 6 0.5 2.1
376k-400k 21 29 1 0.2 4.3
401k-425k 12 22 3 0.3 3.3
426k-450k 11 14 2 0.2 4.7
451k-475k 12 12 1 0.2 6
476k-500k 14 14 4 0.2 6
501k-550k 16 23 3 0.2 4.2
551k-600k 13 17 4 0.2 4.6
601k-650k 15 17 2 0.2 5.3
651k-700k 16 16 4 0.2 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
1.6m-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 9 3 0.4 2.7
101k-125k 20 26 1 0.2 4.6
126k-150k 37 36 7 0.2 6.2
151k-175k 50 47 2 0.2 6.4
176k-200k 70 49 8 0.1 8.6
201k-225k 63 45 6 0.1 8.4
226k-250k 67 34 3 0.1 11.8
251k-275k 24 23 5 0.2 6.3
276k-300k 34 21 2 0.1 9.7
301k-325k 29 18 1 0.1 9.7
326k-350k 25 15 3 0.1 10
351k-375k 7 12 1 0.3 3.5
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 1 0.1 8.3
476k-500k 7 10 0.2 4.2
501k-550k 11 17 3 0.3 3.9
551k-600k 10 8 1 0.1 7.5
601k-650k 10 13 1 0.2 4.6
651k-700k 7 9 0.2 4.7
701k-750k 9 5 1 0.1 10.8
751k-800k 3 8 2 0.4 2.3
801k-850k 5 5 2 0.2 6
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 2 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 12 12 3 0.2 6
101k-125k 16 4 2 0 24
126k-150k 16 6 1 0.1 16
151k-175k 6 8 0.2 4.5
176k-200k 18 5 0 21.6
201k-225k 7 3 0.1 14
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 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 6 0
601k-650k 7 6 1 0.1 7
651k-700k 5 2 2 0.1 15
701k-750k 4 0
751k-800k 5 1 0 30
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