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 0.2 0
101k-125k 1 6 1 1 1
126k-150k 12 2 2 0
151k-175k 6 22 5 0.6 1.6
176k-200k 21 32 7 0.3 3.9
201k-225k 13 45 12 0.6 1.7
226k-250k 24 73 8 0.5 2
251k-275k 38 90 8 0.4 2.5
276k-300k 70 126 25 0.3 3.3
301k-325k 52 112 14 0.4 2.8
326k-350k 85 161 24 0.3 3.2
351k-375k 69 164 27 0.4 2.5
376k-400k 100 195 19 0.3 3.1
401k-425k 68 138 25 0.3 3
426k-450k 99 147 25 0.2 4
451k-475k 53 99 11 0.3 3.2
476k-500k 78 120 17 0.3 3.9
501k-550k 119 172 24 0.2 4.2
551k-600k 96 122 14 0.2 4.7
601k-650k 65 104 11 0.3 3.8
651k-700k 57 100 21 0.3 3.4
701k-750k 41 67 11 0.3 3.7
751k-800k 39 74 11 0.3 3.2
801k-850k 31 49 11 0.3 3.8
851k-900k 39 51 9 0.2 4.6
901k-950k 19 39 4 0.3 2.9
951k-1m 25 41 5 0.3 3.7
1m-1.1m 24 37 7 0.3 3.9
1.1m-1.2m 24 27 6 0.2 5.3
1.2m-1.3m 22 36 3 0.3 3.7
1.3m-1.4m 16 25 5 0.3 3.8
1.4m-1.5m 11 24 1 0.4 2.8
1.5m-1.6m 13 20 5 0.3 3.9
1.6m-1.7m 8 19 1 0.4 2.5
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 8 7 3 0.1 6.9
1.9m-2m 9 7 0.1 7.7
2m-2.25m 14 15 2 0.2 5.6
2.25m-2.5m 23 13 2 0.1 10.6
2.5m-2.75m 18 13 1 0.1 8.3
2.75m-3m 13 8 1 0.1 9.8
3m-3.5m 17 11 0.1 9.3
3.5m-4m 18 14 5 0.1 7.7
4m-4.5m 4 8 2 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 1 0.1 12
7.01m-8m 6 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 6 0.2 5
201k-225k 6 19 2 0.5 1.9
226k-250k 25 35 5 0.2 4.3
251k-275k 24 46 4 0.3 3.1
276k-300k 26 39 8 0.3 4
301k-325k 39 46 12 0.2 5.1
326k-350k 25 34 11 0.2 4.4
351k-375k 13 29 5 0.4 2.7
376k-400k 19 31 4 0.3 3.7
401k-425k 11 19 3 0.3 3.5
426k-450k 10 13 3 0.2 4.6
451k-475k 10 12 2 0.2 5
476k-500k 14 14 2 0.2 6
501k-550k 14 19 1 0.2 4.4
551k-600k 9 15 2 0.3 3.6
601k-650k 15 15 0.2 6
651k-700k 14 14 2 0.2 6
701k-750k 11 14 2 0.2 4.7
751k-800k 12 20 5 0.3 3.6
801k-850k 10 7 1 0.1 8.6
851k-900k 13 8 2 0.1 9.8
901k-950k 4 8 1 0.3 3
951k-1m 4 9 4 0.4 2.7
1m-1.1m 7 6 3 0.1 7
1.1m-1.2m 2 0
1.2m-1.3m 6 4 1 0.1 9
1.3m-1.4m 1 4 0.7 1.5
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 3 10 2 0.6 1.8
101k-125k 24 29 7 0.2 5
126k-150k 29 36 6 0.2 4.8
151k-175k 49 42 6 0.1 7
176k-200k 69 51 9 0.1 8.1
201k-225k 58 44 9 0.1 7.9
226k-250k 50 26 2 0.1 11.5
251k-275k 25 21 3 0.1 7.1
276k-300k 34 19 2 0.1 10.7
301k-325k 25 15 2 0.1 10
326k-350k 23 12 0.1 11.5
351k-375k 6 14 2 0.4 2.6
376k-400k 14 12 0.1 7
401k-425k 8 8 1 0.2 6
426k-450k 18 8 1 0.1 13.5
451k-475k 4 8 1 0.3 3
476k-500k 7 7 0.2 6
501k-550k 10 16 2 0.3 3.8
551k-600k 9 8 3 0.1 6.8
601k-650k 7 10 0.2 4.2
651k-700k 8 11 2 0.2 4.4
701k-750k 8 5 1 0.1 9.6
751k-800k 2 7 0.6 1.7
801k-850k 4 5 1 0.2 4.8
851k-900k 3 1 0.1 18
901k-950k 3 3 1 0.2 6
951k-1m 5 7 1 0.2 4.3
1m-1.1m 5 6 1 0.2 5
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 5 7 1 0.2 4.3
1.5m-1.6m 1 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 3 3 0.2 6
2m-2.25m 11 9 1 0.1 7.3
2.25m-2.5m 15 6 1 0.1 15
2.5m-2.75m 8 0
2.75m-3m 6 0
3m-3.5m 5 2 0.1 15
3.5m-4m 7 4 1 0.1 10.5
4m-4.5m 3 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 4 8 0.3 3
76k-100k 16 12 2 0.1 8
101k-125k 16 3 0 32
126k-150k 18 4 0 27
151k-175k 5 6 0.2 5
176k-200k 17 4 1 0 25.5
201k-225k 6 4 1 0.1 9
226k-250k 5 5 1 0.2 6
251k-275k 5 3 0.1 10
276k-300k 10 1 1 0 60
301k-325k 8 0
326k-350k 12 1 0 72
351k-375k 3 1 0.1 18
376k-400k 4 2 0.1 12
401k-425k 5 1 0 30
426k-450k 7 1 0 42
451k-475k 2 0.3 0
476k-500k 4 0
501k-550k 1 3 0.5 2
551k-600k 5 0
601k-650k 8 6 2 0.1 8
651k-700k 4 2 0.1 12
701k-750k 5 0
751k-800k 8 1 0 48
801k-850k 2 1 0.1 12
851k-900k 7 2 0 21
901k-950k 4 0
951k-1m 5 0
1m-1.1m 2 3 1 0.3 4
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 4 3 0.1 8
1.3m-1.4m 2 0
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.9m-2m 2 0
2m-2.25m 2 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