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 2 12 4 1 1
151k-175k 8 20 6 0.4 2.4
176k-200k 16 31 7 0.3 3.1
201k-225k 12 39 12 0.5 1.8
226k-250k 25 71 7 0.5 2.1
251k-275k 33 92 8 0.5 2.2
276k-300k 66 123 27 0.3 3.2
301k-325k 52 113 18 0.4 2.8
326k-350k 79 163 27 0.3 2.9
351k-375k 64 158 23 0.4 2.4
376k-400k 100 198 22 0.3 3
401k-425k 69 139 25 0.3 3
426k-450k 91 142 25 0.3 3.8
451k-475k 51 98 13 0.3 3.1
476k-500k 78 121 22 0.3 3.9
501k-550k 118 181 32 0.3 3.9
551k-600k 99 122 18 0.2 4.9
601k-650k 68 108 14 0.3 3.8
651k-700k 54 107 24 0.3 3
701k-750k 46 66 13 0.2 4.2
751k-800k 35 75 14 0.4 2.8
801k-850k 30 51 11 0.3 3.5
851k-900k 38 49 10 0.2 4.7
901k-950k 23 41 4 0.3 3.4
951k-1m 22 41 6 0.3 3.2
1m-1.1m 24 37 7 0.3 3.9
1.1m-1.2m 22 29 6 0.2 4.6
1.2m-1.3m 23 36 4 0.3 3.8
1.3m-1.4m 16 26 5 0.3 3.7
1.4m-1.5m 15 23 0.3 3.9
1.5m-1.6m 13 20 4 0.3 3.9
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 9 3 0.3 4
1.9m-2m 9 7 0.1 7.7
2m-2.25m 14 18 3 0.2 4.7
2.25m-2.5m 24 14 2 0.1 10.3
2.5m-2.75m 17 13 2 0.1 7.8
2.75m-3m 11 9 2 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 9 2 0.4 2.7
4.5m-5m 5 5 0.2 6
5.01m-6m 10 4 1 0.1 15
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 6 19 2 0.5 1.9
226k-250k 28 35 6 0.2 4.8
251k-275k 27 45 4 0.3 3.6
276k-300k 27 39 8 0.2 4.2
301k-325k 32 45 11 0.2 4.3
326k-350k 23 32 9 0.2 4.3
351k-375k 11 29 6 0.4 2.3
376k-400k 18 31 4 0.3 3.5
401k-425k 11 19 2 0.3 3.5
426k-450k 9 14 5 0.3 3.9
451k-475k 13 12 3 0.2 6.5
476k-500k 14 15 3 0.2 5.6
501k-550k 14 19 2 0.2 4.4
551k-600k 8 16 5 0.3 3
601k-650k 15 16 1 0.2 5.6
651k-700k 17 14 3 0.1 7.3
701k-750k 11 15 3 0.2 4.4
751k-800k 11 20 6 0.3 3.3
801k-850k 10 7 1 0.1 8.6
851k-900k 12 9 1 0.1 8
901k-950k 4 8 2 0.3 3
951k-1m 5 9 4 0.3 3.3
1m-1.1m 7 5 3 0.1 8.4
1.1m-1.2m 1 0
1.2m-1.3m 6 4 2 0.1 9
1.3m-1.4m 2 4 1 0.3 3
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 25 29 7 0.2 5.2
126k-150k 27 34 7 0.2 4.8
151k-175k 47 43 4 0.2 6.6
176k-200k 67 49 5 0.1 8.2
201k-225k 53 44 11 0.1 7.2
226k-250k 57 25 0.1 13.7
251k-275k 21 21 5 0.2 6
276k-300k 31 19 3 0.1 9.8
301k-325k 26 16 2 0.1 9.8
326k-350k 20 14 0.1 8.6
351k-375k 6 13 1 0.4 2.8
376k-400k 13 12 1 0.2 6.5
401k-425k 8 9 1 0.2 5.3
426k-450k 20 7 0.1 17.1
451k-475k 6 8 1 0.2 4.5
476k-500k 6 8 0.2 4.5
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 9 5 2 0.1 10.8
751k-800k 3 7 1 0.4 2.6
801k-850k 5 5 2 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 3 1 0.3 4
951k-1m 6 7 1 0.2 5.1
1m-1.1m 4 6 3 0.3 4
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 1 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 10 1 0.2 6.6
2.25m-2.5m 15 6 1 0.1 15
2.5m-2.75m 8 1 0 48
2.75m-3m 6 0
3m-3.5m 6 4 0.1 9
3.5m-4m 7 5 1 0.1 8.4
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 13 3 0.1 7.8
101k-125k 16 4 0 24
126k-150k 18 4 0 27
151k-175k 5 6 0.2 5
176k-200k 14 4 0 21
201k-225k 7 3 0.1 14
226k-250k 6 5 1 0.1 7.2
251k-275k 1 3 0.5 2
276k-300k 7 2 1 0 21
301k-325k 8 0
326k-350k 15 1 0 90
351k-375k 2 1 0.1 12
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 4 0.7 1.5
551k-600k 6 0
601k-650k 6 7 2 0.2 5.1
651k-700k 4 2 1 0.1 12
701k-750k 5 0
751k-800k 5 1 0 30
801k-850k 3 1 1 0.1 18
851k-900k 7 2 0 21
901k-950k 4 0
951k-1m 4 0
1m-1.1m 1 2 0.3 3
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 2 3 0.3 4
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