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
101k-125k 1 4 1 0.7 1.5
126k-150k 3 11 1 0.6 1.6
151k-175k 10 17 4 0.3 3.5
176k-200k 20 26 6 0.2 4.6
201k-225k 15 34 5 0.4 2.6
226k-250k 22 76 17 0.6 1.7
251k-275k 34 100 16 0.5 2
276k-300k 69 116 18 0.3 3.6
301k-325k 55 111 10 0.3 3
326k-350k 99 158 14 0.3 3.8
351k-375k 76 166 18 0.4 2.7
376k-400k 104 201 30 0.3 3.1
401k-425k 75 146 19 0.3 3.1
426k-450k 99 150 13 0.3 4
451k-475k 50 104 7 0.3 2.9
476k-500k 79 120 14 0.3 4
501k-550k 129 179 20 0.2 4.3
551k-600k 93 134 16 0.2 4.2
601k-650k 76 133 10 0.3 3.4
651k-700k 58 99 13 0.3 3.5
701k-750k 44 74 9 0.3 3.6
751k-800k 41 73 6 0.3 3.4
801k-850k 24 52 2 0.4 2.8
851k-900k 46 43 5 0.2 6.4
901k-950k 27 43 2 0.3 3.8
951k-1m 22 41 6 0.3 3.2
1m-1.1m 28 37 0.2 4.5
1.1m-1.2m 24 38 4 0.3 3.8
1.2m-1.3m 25 38 3 0.3 3.9
1.3m-1.4m 18 29 2 0.3 3.7
1.4m-1.5m 11 29 4 0.4 2.3
1.5m-1.6m 14 20 1 0.2 4.2
1.6m-1.7m 12 25 1 0.3 2.9
1.7m-1.8m 14 15 4 0.2 5.6
1.8m-1.9m 5 13 1 0.4 2.3
1.9m-2m 6 11 1 0.3 3.3
2m-2.25m 16 19 1 0.2 5.1
2.25m-2.5m 26 16 1 0.1 9.8
2.5m-2.75m 18 12 3 0.1 9
2.75m-3m 15 9 2 0.1 10
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 12 2 0.1 10
4m-4.5m 6 8 1 0.2 4.5
4.5m-5m 6 6 0.2 6
5.01m-6m 9 3 1 0.1 18
6.01m-7m 1 3 0.5 2
7.01m-8m 9 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
11.01m-12m 2 1 0.1 12
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
151k-175k 2 0
176k-200k 6 6 1 0.2 6
201k-225k 7 20 0.5 2.1
226k-250k 24 32 3 0.2 4.5
251k-275k 20 52 6 0.4 2.3
276k-300k 36 36 5 0.2 6
301k-325k 32 41 10 0.2 4.7
326k-350k 30 27 5 0.2 6.7
351k-375k 9 30 3 0.6 1.8
376k-400k 22 30 3 0.2 4.4
401k-425k 14 24 5 0.3 3.5
426k-450k 10 13 1 0.2 4.6
451k-475k 12 11 1 0.2 6.5
476k-500k 13 12 2 0.2 6.5
501k-550k 16 24 3 0.3 4
551k-600k 14 16 1 0.2 5.3
601k-650k 13 19 1 0.2 4.1
651k-700k 14 13 1 0.2 6.5
701k-750k 12 16 5 0.2 4.5
751k-800k 15 15 2 0.2 6
801k-850k 14 8 1 0.1 10.5
851k-900k 9 10 2 0.2 5.4
901k-950k 6 9 3 0.3 4
951k-1m 6 6 0.2 6
1m-1.1m 7 2 0 21
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 6 2 1 0.1 18
1.3m-1.4m 2 3 1 0.3 4
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 0.2 0
2.25m-2.5m 2 1 0.1 12
2.5m-2.75m 1 0
2.75m-3m 1 0
4m-4.5m 1 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 23 26 0.2 5.3
126k-150k 38 33 4 0.1 6.9
151k-175k 51 52 5 0.2 5.9
176k-200k 61 54 8 0.1 6.8
201k-225k 65 43 4 0.1 9.1
226k-250k 65 37 4 0.1 10.5
251k-275k 29 22 3 0.1 7.9
276k-300k 33 18 1 0.1 11
301k-325k 30 20 1 0.1 9
326k-350k 20 17 3 0.1 7.1
351k-375k 5 11 1 0.4 2.7
376k-400k 15 14 2 0.2 6.4
401k-425k 8 12 1 0.3 4
426k-450k 17 12 0.1 8.5
451k-475k 10 8 2 0.1 7.5
476k-500k 5 10 0.3 3
501k-550k 10 15 1 0.3 4
551k-600k 11 7 0.1 9.4
601k-650k 10 14 3 0.2 4.3
651k-700k 6 9 2 0.3 4
701k-750k 8 4 1 0.1 12
751k-800k 5 8 1 0.3 3.8
801k-850k 4 4 1 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 7 3 1 0.1 14
1.1m-1.2m 6 3 1 0.1 12
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 1 5 1 0.8 1.2
1.4m-1.5m 5 5 1 0.2 6
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 9 2 1.5 0
1.7m-1.8m 3 4 0.2 4.5
1.8m-1.9m 7 7 0.2 6
1.9m-2m 3 6 1 0.3 3
2m-2.25m 11 18 4 0.3 3.7
2.25m-2.5m 17 9 1 0.1 11.3
2.5m-2.75m 9 6 0.1 9
2.75m-3m 6 1 0 36
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 2 5 0.4 2.4
51k-75k 2 11 1 0.9 1.1
76k-100k 15 12 4 0.1 7.5
101k-125k 13 5 2 0.1 15.6
126k-150k 15 6 1 0.1 15
151k-175k 9 8 1 0.1 6.8
176k-200k 20 5 0 24
201k-225k 6 3 0.1 12
226k-250k 6 3 2 0.1 12
251k-275k 5 5 1 0.2 6
276k-300k 8 1 0 48
301k-325k 4 0
326k-350k 13 1 0 78
351k-375k 3 1 1 0.1 18
376k-400k 2 3 0.3 4
401k-425k 4 3 1 0.1 8
426k-450k 7 1 0 42
451k-475k 2 0.3 0
476k-500k 5 0
501k-550k 3 4 1 0.2 4.5
551k-600k 6 0
601k-650k 6 6 2 0.2 6
651k-700k 4 1 1 0 24
701k-750k 5 0
751k-800k 5 1 0 30
801k-850k 1 0
851k-900k 6 3 1 0.1 12
901k-950k 4 0
951k-1m 3 1 0.1 18
1m-1.1m 2 1 0.3 0
1.1m-1.2m 6 2 1 0.1 18
1.2m-1.3m 4 3 1 0.1 8
1.3m-1.4m 5 1 0 30
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 2 0
2.5m-2.75m 8 0
2.75m-3m 9 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