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 2 11 1 0.9 1.1
151k-175k 9 18 4 0.3 3
176k-200k 22 28 6 0.2 4.7
201k-225k 13 36 7 0.5 2.2
226k-250k 25 77 19 0.5 1.9
251k-275k 34 100 19 0.5 2
276k-300k 73 120 18 0.3 3.7
301k-325k 58 114 14 0.3 3.1
326k-350k 102 160 18 0.3 3.8
351k-375k 75 168 25 0.4 2.7
376k-400k 104 206 35 0.3 3
401k-425k 77 154 22 0.3 3
426k-450k 99 155 13 0.3 3.8
451k-475k 51 109 12 0.4 2.8
476k-500k 79 121 14 0.3 3.9
501k-550k 131 185 22 0.2 4.2
551k-600k 93 138 21 0.2 4
601k-650k 76 138 10 0.3 3.3
651k-700k 59 104 13 0.3 3.4
701k-750k 45 78 11 0.3 3.5
751k-800k 40 75 7 0.3 3.2
801k-850k 27 54 4 0.3 3
851k-900k 46 46 6 0.2 6
901k-950k 28 44 2 0.3 3.8
951k-1m 21 41 9 0.3 3.1
1m-1.1m 29 42 2 0.2 4.1
1.1m-1.2m 23 42 5 0.3 3.3
1.2m-1.3m 24 39 3 0.3 3.7
1.3m-1.4m 18 34 4 0.3 3.2
1.4m-1.5m 12 29 3 0.4 2.5
1.5m-1.6m 14 21 2 0.3 4
1.6m-1.7m 12 26 1 0.4 2.8
1.7m-1.8m 14 16 4 0.2 5.3
1.8m-1.9m 5 12 0.4 2.5
1.9m-2m 6 11 2 0.3 3.3
2m-2.25m 16 22 1 0.2 4.4
2.25m-2.5m 26 16 2 0.1 9.8
2.5m-2.75m 18 14 4 0.1 7.7
2.75m-3m 15 9 2 0.1 10
3m-3.5m 17 14 2 0.1 7.3
3.5m-4m 20 12 3 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 2 0.1 18
6.01m-7m 1 3 1 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 9 20 0.4 2.7
226k-250k 27 32 3 0.2 5.1
251k-275k 21 53 9 0.4 2.4
276k-300k 36 37 6 0.2 5.8
301k-325k 31 41 12 0.2 4.5
326k-350k 32 27 5 0.1 7.1
351k-375k 12 30 3 0.4 2.4
376k-400k 22 31 3 0.2 4.3
401k-425k 14 24 4 0.3 3.5
426k-450k 12 15 1 0.2 4.8
451k-475k 11 11 1 0.2 6
476k-500k 13 13 4 0.2 6
501k-550k 17 25 3 0.2 4.1
551k-600k 14 15 0.2 5.6
601k-650k 14 19 1 0.2 4.4
651k-700k 14 14 1 0.2 6
701k-750k 13 16 5 0.2 4.9
751k-800k 15 15 4 0.2 6
801k-850k 14 8 1 0.1 10.5
851k-900k 9 9 3 0.2 6
901k-950k 6 10 4 0.3 3.6
951k-1m 7 7 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 4 1 0.3 3
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 2 0.3 0
2.25m-2.5m 2 2 0.2 6
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 4 0.4 2.7
101k-125k 24 28 1 0.2 5.1
126k-150k 39 34 4 0.1 6.9
151k-175k 50 55 5 0.2 5.5
176k-200k 63 55 7 0.1 6.9
201k-225k 67 44 5 0.1 9.1
226k-250k 63 38 4 0.1 9.9
251k-275k 28 24 3 0.1 7
276k-300k 33 20 1 0.1 9.9
301k-325k 30 21 1 0.1 8.6
326k-350k 21 21 3 0.2 6
351k-375k 5 11 2 0.4 2.7
376k-400k 15 15 2 0.2 6
401k-425k 8 13 1 0.3 3.7
426k-450k 17 12 0.1 8.5
451k-475k 10 10 2 0.2 6
476k-500k 5 10 0.3 3
501k-550k 9 15 2 0.3 3.6
551k-600k 11 7 0.1 9.4
601k-650k 10 14 4 0.2 4.3
651k-700k 6 10 3 0.3 3.6
701k-750k 8 4 1 0.1 12
751k-800k 5 7 0.2 4.3
801k-850k 4 4 1 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 2 1 0.2 6
951k-1m 5 6 0.2 5
1m-1.1m 7 3 1 0.1 14
1.1m-1.2m 7 3 1 0.1 14
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 1 6 1 1 1
1.4m-1.5m 5 5 1 0.2 6
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 1 9 2 1.5 0.7
1.7m-1.8m 3 5 0.3 3.6
1.8m-1.9m 7 8 0.2 5.3
1.9m-2m 3 8 1 0.4 2.3
2m-2.25m 11 19 3 0.3 3.5
2.25m-2.5m 17 10 1 0.1 10.2
2.5m-2.75m 9 6 0.1 9
2.75m-3m 6 4 0.1 9
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 6 0.5 2
51k-75k 2 11 1 0.9 1.1
76k-100k 15 13 4 0.1 6.9
101k-125k 14 6 2 0.1 14
126k-150k 16 6 1 0.1 16
151k-175k 9 9 1 0.2 6
176k-200k 20 5 0 24
201k-225k 7 4 0.1 10.5
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 3 3 0.2 6
401k-425k 4 3 1 0.1 8
426k-450k 7 1 0 42
451k-475k 1 2 0.3 3
476k-500k 4 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 3 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