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 2 6 3 0.5 2
126k-150k 1 10 2 1.7 0.6
151k-175k 9 20 5 0.4 2.7
176k-200k 17 31 7 0.3 3.3
201k-225k 11 38 11 0.6 1.7
226k-250k 26 69 5 0.4 2.3
251k-275k 33 93 11 0.5 2.1
276k-300k 69 122 26 0.3 3.4
301k-325k 51 113 20 0.4 2.7
326k-350k 79 165 27 0.3 2.9
351k-375k 70 159 24 0.4 2.6
376k-400k 103 199 28 0.3 3.1
401k-425k 69 139 28 0.3 3
426k-450k 100 143 25 0.2 4.2
451k-475k 49 98 14 0.3 3
476k-500k 80 121 24 0.3 4
501k-550k 118 185 32 0.3 3.8
551k-600k 101 122 18 0.2 5
601k-650k 68 111 13 0.3 3.7
651k-700k 55 106 23 0.3 3.1
701k-750k 45 65 13 0.2 4.2
751k-800k 32 77 15 0.4 2.5
801k-850k 32 51 11 0.3 3.8
851k-900k 35 49 10 0.2 4.3
901k-950k 23 41 5 0.3 3.4
951k-1m 24 41 6 0.3 3.5
1m-1.1m 24 37 8 0.3 3.9
1.1m-1.2m 21 31 6 0.2 4.1
1.2m-1.3m 26 36 4 0.2 4.3
1.3m-1.4m 14 27 5 0.3 3.1
1.4m-1.5m 15 24 0.3 3.8
1.5m-1.6m 14 20 4 0.2 4.2
1.6m-1.7m 8 20 1 0.4 2.4
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 6 10 3 0.3 3.6
1.9m-2m 9 7 0.1 7.7
2m-2.25m 15 18 3 0.2 5
2.25m-2.5m 24 14 3 0.1 10.3
2.5m-2.75m 16 13 3 0.1 7.4
2.75m-3m 12 10 2 0.1 7.2
3m-3.5m 18 11 0.1 9.8
3.5m-4m 17 13 4 0.1 7.8
4m-4.5m 4 9 2 0.4 2.7
4.5m-5m 4 5 0.2 4.8
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 2 0.2 6
7.01m-8m 8 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 5 7 1 0.2 4.3
201k-225k 8 19 2 0.4 2.5
226k-250k 26 33 4 0.2 4.7
251k-275k 28 45 4 0.3 3.7
276k-300k 25 40 9 0.3 3.8
301k-325k 32 44 10 0.2 4.4
326k-350k 23 32 9 0.2 4.3
351k-375k 11 29 6 0.4 2.3
376k-400k 20 31 4 0.3 3.9
401k-425k 12 19 2 0.3 3.8
426k-450k 7 13 4 0.3 3.2
451k-475k 13 12 3 0.2 6.5
476k-500k 14 15 3 0.2 5.6
501k-550k 15 19 2 0.2 4.7
551k-600k 10 17 6 0.3 3.5
601k-650k 16 16 1 0.2 6
651k-700k 18 15 3 0.1 7.2
701k-750k 12 15 4 0.2 4.8
751k-800k 11 20 6 0.3 3.3
801k-850k 14 7 1 0.1 12
851k-900k 11 10 2 0.2 6.6
901k-950k 4 8 2 0.3 3
951k-1m 5 9 4 0.3 3.3
1m-1.1m 7 5 3 0.1 8.4
1.1m-1.2m 1 0
1.2m-1.3m 6 4 2 0.1 9
1.3m-1.4m 2 4 1 0.3 3
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 5 11 3 0.4 2.7
101k-125k 27 28 6 0.2 5.8
126k-150k 29 34 7 0.2 5.1
151k-175k 51 43 3 0.1 7.1
176k-200k 66 49 5 0.1 8.1
201k-225k 57 43 11 0.1 8
226k-250k 57 26 1 0.1 13.2
251k-275k 26 22 5 0.1 7.1
276k-300k 32 19 3 0.1 10.1
301k-325k 27 16 2 0.1 10.1
326k-350k 22 14 0.1 9.4
351k-375k 6 13 1 0.4 2.8
376k-400k 14 12 1 0.1 7
401k-425k 9 9 1 0.2 6
426k-450k 20 7 0.1 17.1
451k-475k 6 8 1 0.2 4.5
476k-500k 7 8 0.2 5.3
501k-550k 12 18 3 0.3 4
551k-600k 10 8 3 0.1 7.5
601k-650k 10 11 0.2 5.5
651k-700k 8 10 1 0.2 4.8
701k-750k 9 5 2 0.1 10.8
751k-800k 3 7 1 0.4 2.6
801k-850k 6 5 2 0.1 7.2
851k-900k 3 1 0.1 18
901k-950k 1 3 1 0.5 2
951k-1m 6 7 1 0.2 5.1
1m-1.1m 4 6 3 0.3 4
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 4 7 3 0.3 3.4
1.5m-1.6m 2 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 5 2 0.1 15
2m-2.25m 10 10 1 0.2 6
2.25m-2.5m 17 6 1 0.1 17
2.5m-2.75m 8 1 0 48
2.75m-3m 6 0
3m-3.5m 6 4 0.1 9
3.5m-4m 7 5 1 0.1 8.4
4m-4.5m 4 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 3 8 0.4 2.3
76k-100k 18 12 2 0.1 9
101k-125k 16 4 0 24
126k-150k 18 4 0 27
151k-175k 6 6 0.2 6
176k-200k 15 4 0 22.5
201k-225k 8 3 0.1 16
226k-250k 6 5 2 0.1 7.2
251k-275k 6 3 0.1 12
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 1 0 42
451k-475k 2 0.3 0
476k-500k 5 0
501k-550k 1 4 0.7 1.5
551k-600k 6 0
601k-650k 6 7 2 0.2 5.1
651k-700k 4 2 1 0.1 12
701k-750k 5 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 1 2 0.3 3
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 4 3 0.1 8
1.3m-1.4m 4 0
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 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