Absorption Report

Tampa

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 Since 12/31 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
101k-125k 1 3 0.5 2
126k-150k 1 11 2 1.8 0.5
151k-175k 9 17 3 0.3 3.2
176k-200k 20 28 4 0.2 4.3
201k-225k 16 35 10 0.4 2.7
226k-250k 32 73 17 0.4 2.6
251k-275k 30 98 19 0.5 1.8
276k-300k 70 124 20 0.3 3.4
301k-325k 59 115 15 0.3 3.1
326k-350k 98 162 26 0.3 3.6
351k-375k 88 165 31 0.3 3.2
376k-400k 96 207 38 0.4 2.8
401k-425k 72 161 23 0.4 2.7
426k-450k 107 163 14 0.3 3.9
451k-475k 55 111 17 0.3 3
476k-500k 75 125 19 0.3 3.6
501k-550k 128 187 27 0.2 4.1
551k-600k 96 144 26 0.3 4
601k-650k 70 144 16 0.3 2.9
651k-700k 65 101 14 0.3 3.9
701k-750k 44 77 12 0.3 3.4
751k-800k 34 75 13 0.4 2.7
801k-850k 27 60 8 0.4 2.7
851k-900k 40 47 8 0.2 5.1
901k-950k 29 45 3 0.3 3.9
951k-1m 22 39 7 0.3 3.4
1m-1.1m 34 42 5 0.2 4.9
1.1m-1.2m 22 43 5 0.3 3.1
1.2m-1.3m 22 43 6 0.3 3.1
1.3m-1.4m 21 34 4 0.3 3.7
1.4m-1.5m 9 27 3 0.5 2
1.5m-1.6m 13 22 1 0.3 3.5
1.6m-1.7m 14 26 1 0.3 3.2
1.7m-1.8m 11 15 2 0.2 4.4
1.8m-1.9m 7 16 0.4 2.6
1.9m-2m 6 11 4 0.3 3.3
2m-2.25m 15 25 4 0.3 3.6
2.25m-2.5m 26 17 4 0.1 9.2
2.5m-2.75m 20 13 3 0.1 9.2
2.75m-3m 16 10 2 0.1 9.6
3m-3.5m 18 14 1 0.1 7.7
3.5m-4m 20 12 6 0.1 10
4m-4.5m 7 9 1 0.2 4.7
4.5m-5m 6 6 0.2 6
5.01m-6m 5 3 2 0.1 10
6.01m-7m 2 3 1 0.3 4
7.01m-8m 10 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
11.01m-12m 1 1 0.2 6
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 Since 12/31 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 8 6 3 0.1 8
201k-225k 6 21 3 0.6 1.7
226k-250k 29 32 2 0.2 5.4
251k-275k 22 54 6 0.4 2.4
276k-300k 39 36 4 0.2 6.5
301k-325k 35 43 15 0.2 4.9
326k-350k 33 27 7 0.1 7.3
351k-375k 16 31 5 0.3 3.1
376k-400k 21 37 2 0.3 3.4
401k-425k 18 24 4 0.2 4.5
426k-450k 16 16 1 0.2 6
451k-475k 8 14 2 0.3 3.4
476k-500k 15 11 3 0.1 8.2
501k-550k 18 24 2 0.2 4.5
551k-600k 11 15 0.2 4.4
601k-650k 12 19 3 0.3 3.8
651k-700k 14 17 1 0.2 4.9
701k-750k 12 16 4 0.2 4.5
751k-800k 15 16 5 0.2 5.6
801k-850k 14 8 1 0.1 10.5
851k-900k 9 9 3 0.2 6
901k-950k 4 8 2 0.3 3
951k-1m 6 8 0.2 4.5
1m-1.1m 7 2 0 21
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 6 2 2 0.1 18
1.3m-1.4m 2 3 0.3 4
1.4m-1.5m 1 0.2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 3 0.5 0
2m-2.25m 2 0.3 0
2.25m-2.5m 2 2 0.2 6
2.5m-2.75m 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 Since 12/31 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 8 3 0.4 2.3
101k-125k 24 29 5 0.2 5
126k-150k 33 36 6 0.2 5.5
151k-175k 44 55 5 0.2 4.8
176k-200k 63 50 2 0.1 7.6
201k-225k 68 44 7 0.1 9.3
226k-250k 64 43 3 0.1 8.9
251k-275k 27 26 2 0.2 6.2
276k-300k 26 21 2 0.1 7.4
301k-325k 29 23 2 0.1 7.6
326k-350k 23 20 2 0.1 6.9
351k-375k 5 10 1 0.3 3
376k-400k 15 14 2 0.2 6.4
401k-425k 11 15 1 0.2 4.4
426k-450k 13 14 0.2 5.6
451k-475k 11 10 2 0.2 6.6
476k-500k 3 12 2 0.7 1.5
501k-550k 7 16 2 0.4 2.6
551k-600k 12 7 0.1 10.3
601k-650k 11 15 5 0.2 4.4
651k-700k 5 10 3 0.3 3
701k-750k 7 5 1 0.1 8.4
751k-800k 5 7 0.2 4.3
801k-850k 6 4 1 0.1 9
851k-900k 4 1 0 24
901k-950k 2 2 1 0.2 6
951k-1m 5 7 0.2 4.3
1m-1.1m 4 3 1 0.1 8
1.1m-1.2m 7 3 1 0.1 14
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 2 5 1 0.4 2.4
1.4m-1.5m 5 5 1 0.2 6
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 8 1 1.3 0.8
1.7m-1.8m 4 6 0.3 4
1.8m-1.9m 7 10 0.2 4.2
1.9m-2m 3 7 0.4 2.6
2m-2.25m 11 21 2 0.3 3.1
2.25m-2.5m 16 9 0.1 10.7
2.5m-2.75m 9 7 0.1 7.7
2.75m-3m 7 8 0.2 5.3
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 Since 12/31 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 6 0.5 2
51k-75k 3 11 1 0.6 1.6
76k-100k 15 13 3 0.1 6.9
101k-125k 16 7 3 0.1 13.7
126k-150k 16 6 0.1 16
151k-175k 9 9 1 0.2 6
176k-200k 18 7 0.1 15.4
201k-225k 7 5 2 0.1 8.4
226k-250k 6 2 1 0.1 18
251k-275k 5 4 0.1 7.5
276k-300k 8 1 0 48
301k-325k 5 1 0 30
326k-350k 13 1 0 78
351k-375k 3 1 1 0.1 18
376k-400k 3 3 0.2 6
401k-425k 4 3 1 0.1 8
426k-450k 7 1 0 42
451k-475k 1 2 1 0.3 3
476k-500k 4 0
501k-550k 3 3 1 0.2 6
551k-600k 6 0
601k-650k 4 5 1 0.2 4.8
651k-700k 3 0
701k-750k 6 0
751k-800k 4 2 0.1 12
801k-850k 1 0
851k-900k 7 3 1 0.1 14
901k-950k 4 0
951k-1m 4 1 0 24
1m-1.1m 2 1 0.3 0
1.1m-1.2m 8 2 1 0 24
1.2m-1.3m 4 2 0.1 12
1.3m-1.4m 5 1 0 30
1.4m-1.5m 4 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 3 0
2.25m-2.5m 2 0
2.5m-2.75m 7 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 2 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