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 3 1 1
126k-150k 1 12 3 2 0.5
151k-175k 8 22 6 0.5 2.2
176k-200k 21 32 7 0.3 3.9
201k-225k 12 42 12 0.6 1.7
226k-250k 23 72 7 0.5 1.9
251k-275k 37 92 7 0.4 2.4
276k-300k 64 123 26 0.3 3.1
301k-325k 56 112 16 0.3 3
326k-350k 83 162 26 0.3 3.1
351k-375k 65 160 23 0.4 2.4
376k-400k 97 198 18 0.3 2.9
401k-425k 71 138 25 0.3 3.1
426k-450k 93 142 22 0.3 3.9
451k-475k 51 97 13 0.3 3.2
476k-500k 77 121 20 0.3 3.8
501k-550k 117 174 30 0.2 4
551k-600k 102 121 18 0.2 5.1
601k-650k 69 104 11 0.3 4
651k-700k 53 103 22 0.3 3.1
701k-750k 46 64 13 0.2 4.3
751k-800k 34 74 13 0.4 2.8
801k-850k 29 50 10 0.3 3.5
851k-900k 40 49 10 0.2 4.9
901k-950k 21 40 4 0.3 3.2
951k-1m 22 41 6 0.3 3.2
1m-1.1m 23 36 6 0.3 3.8
1.1m-1.2m 23 27 6 0.2 5.1
1.2m-1.3m 21 35 3 0.3 3.6
1.3m-1.4m 15 25 5 0.3 3.6
1.4m-1.5m 13 23 0.3 3.4
1.5m-1.6m 13 19 4 0.2 4.1
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 7 3 0.2 5.1
1.9m-2m 10 7 0.1 8.6
2m-2.25m 14 15 2 0.2 5.6
2.25m-2.5m 24 13 2 0.1 11.1
2.5m-2.75m 17 13 2 0.1 7.8
2.75m-3m 11 9 1 0.1 7.3
3m-3.5m 18 11 0.1 9.8
3.5m-4m 17 14 5 0.1 7.3
4m-4.5m 4 8 2 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 9 4 1 0.1 13.5
6.01m-7m 1 1 0.2 6
7.01m-8m 7 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 4 6 0.3 4
201k-225k 7 19 2 0.5 2.2
226k-250k 26 36 6 0.2 4.3
251k-275k 26 45 3 0.3 3.5
276k-300k 29 38 8 0.2 4.6
301k-325k 35 45 11 0.2 4.7
326k-350k 24 32 9 0.2 4.5
351k-375k 12 29 6 0.4 2.5
376k-400k 17 31 4 0.3 3.3
401k-425k 11 18 2 0.3 3.7
426k-450k 8 14 4 0.3 3.4
451k-475k 13 12 3 0.2 6.5
476k-500k 14 14 2 0.2 6
501k-550k 13 19 1 0.2 4.1
551k-600k 8 16 4 0.3 3
601k-650k 16 15 0.2 6.4
651k-700k 16 14 2 0.1 6.9
701k-750k 11 14 2 0.2 4.7
751k-800k 12 20 6 0.3 3.6
801k-850k 10 7 1 0.1 8.6
851k-900k 12 7 1 0.1 10.3
901k-950k 4 8 2 0.3 3
951k-1m 5 9 4 0.3 3.3
1m-1.1m 7 6 4 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 1 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 5 11 2 0.4 2.7
101k-125k 24 30 8 0.2 4.8
126k-150k 27 35 6 0.2 4.6
151k-175k 49 41 4 0.1 7.2
176k-200k 67 51 7 0.1 7.9
201k-225k 57 44 11 0.1 7.8
226k-250k 54 25 0.1 13
251k-275k 23 22 4 0.2 6.3
276k-300k 32 19 3 0.1 10.1
301k-325k 26 16 2 0.1 9.8
326k-350k 22 13 0.1 10.2
351k-375k 5 13 1 0.4 2.3
376k-400k 14 12 1 0.1 7
401k-425k 7 8 1 0.2 5.3
426k-450k 21 7 0.1 18
451k-475k 5 8 1 0.3 3.8
476k-500k 6 7 0.2 5.1
501k-550k 11 17 3 0.3 3.9
551k-600k 8 8 3 0.2 6
601k-650k 7 10 0.2 4.2
651k-700k 7 10 1 0.2 4.2
701k-750k 8 5 2 0.1 9.6
751k-800k 3 7 1 0.4 2.6
801k-850k 5 5 1 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 3 1 0.3 4
951k-1m 7 7 1 0.2 6
1m-1.1m 3 6 3 0.3 3
1.1m-1.2m 6 2 0.1 18
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 3 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 4 3 0.1 8
2m-2.25m 11 9 1 0.1 7.3
2.25m-2.5m 15 5 0.1 18
2.5m-2.75m 8 0
2.75m-3m 6 0
3m-3.5m 5 3 0.1 10
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 3 8 0.4 2.3
76k-100k 17 12 2 0.1 8.5
101k-125k 16 3 0 32
126k-150k 18 4 0 27
151k-175k 5 6 0.2 5
176k-200k 16 3 0 32
201k-225k 7 3 0.1 14
226k-250k 5 5 1 0.2 6
251k-275k 4 3 0.1 8
276k-300k 6 2 1 0.1 18
301k-325k 8 0
326k-350k 15 1 0 90
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 6 0
601k-650k 7 6 2 0.1 7
651k-700k 4 2 1 0.1 12
701k-750k 6 0
751k-800k 7 1 0 42
801k-850k 2 1 1 0.1 12
851k-900k 7 2 0 21
901k-950k 4 0
951k-1m 4 0
1m-1.1m 2 2 0.2 6
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 4 3 0.1 8
1.3m-1.4m 3 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
1.9m-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