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 1 0.2 0
101k-125k 1 6 3 1 1
126k-150k 3 10 2 0.6 1.8
151k-175k 9 18 5 0.3 3
176k-200k 16 27 5 0.3 3.6
201k-225k 12 36 8 0.5 2
226k-250k 25 72 9 0.5 2.1
251k-275k 33 96 15 0.5 2.1
276k-300k 72 122 26 0.3 3.5
301k-325k 55 114 17 0.3 2.9
326k-350k 87 161 23 0.3 3.2
351k-375k 77 162 26 0.4 2.9
376k-400k 97 205 36 0.4 2.8
401k-425k 70 142 22 0.3 3
426k-450k 103 147 25 0.2 4.2
451k-475k 53 99 14 0.3 3.2
476k-500k 78 127 25 0.3 3.7
501k-550k 122 189 30 0.3 3.9
551k-600k 99 127 18 0.2 4.7
601k-650k 74 125 11 0.3 3.6
651k-700k 53 101 20 0.3 3.1
701k-750k 47 65 10 0.2 4.3
751k-800k 39 79 14 0.3 3
801k-850k 33 53 6 0.3 3.7
851k-900k 44 50 9 0.2 5.3
901k-950k 19 42 3 0.4 2.7
951k-1m 29 44 9 0.3 4
1m-1.1m 25 37 4 0.2 4.1
1.1m-1.2m 25 34 4 0.2 4.4
1.2m-1.3m 27 38 7 0.2 4.3
1.3m-1.4m 15 26 3 0.3 3.5
1.4m-1.5m 13 25 4 0.3 3.1
1.5m-1.6m 14 19 2 0.2 4.4
1.6m-1.7m 11 22 2 0.3 3
1.7m-1.8m 11 10 1 0.2 6.6
1.8m-1.9m 5 15 4 0.5 2
1.9m-2m 9 8 0.1 6.8
2m-2.25m 17 18 2 0.2 5.7
2.25m-2.5m 27 16 2 0.1 10.1
2.5m-2.75m 17 14 4 0.1 7.3
2.75m-3m 13 9 1 0.1 8.7
3m-3.5m 18 12 1 0.1 9
3.5m-4m 18 10 1 0.1 10.8
4m-4.5m 4 8 1 0.3 3
4.5m-5m 5 5 0.2 6
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 3 0.3 4
7.01m-8m 9 0
8.01m-9m 1 0
9.01m-10m 1 2 0.3 3
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 8 2 0.3 3.8
201k-225k 9 18 1 0.3 3
226k-250k 25 33 6 0.2 4.5
251k-275k 26 46 7 0.3 3.4
276k-300k 29 35 7 0.2 5
301k-325k 32 41 5 0.2 4.7
326k-350k 26 26 4 0.2 6
351k-375k 10 27 5 0.5 2.2
376k-400k 21 31 3 0.2 4.1
401k-425k 14 21 4 0.3 4
426k-450k 9 11 2 0.2 4.9
451k-475k 13 11 1 0.1 7.1
476k-500k 13 15 5 0.2 5.2
501k-550k 16 22 4 0.2 4.4
551k-600k 10 17 5 0.3 3.5
601k-650k 15 16 1 0.2 5.6
651k-700k 14 16 5 0.2 5.3
701k-750k 14 17 5 0.2 4.9
751k-800k 12 17 3 0.2 4.2
801k-850k 15 7 1 0.1 12.9
851k-900k 10 10 1 0.2 6
901k-950k 5 10 3 0.3 3
951k-1m 6 7 1 0.2 5.1
1m-1.1m 7 3 1 0.1 14
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 6 4 2 0.1 9
1.3m-1.4m 2 4 2 0.3 3
1.6m-1.7m 1 0
1.8m-1.9m 1 0.2 0
1.9m-2m 3 0.5 0
2m-2.25m 1 1 0.2 6
2.25m-2.5m 1 0
2.5m-2.75m 2 0
2.75m-3m 1 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 6 10 3 0.3 3.6
101k-125k 20 26 2 0.2 4.6
126k-150k 36 36 7 0.2 6
151k-175k 48 47 4 0.2 6.1
176k-200k 67 49 11 0.1 8.2
201k-225k 59 43 7 0.1 8.2
226k-250k 66 31 2 0.1 12.8
251k-275k 28 22 6 0.1 7.6
276k-300k 32 20 3 0.1 9.6
301k-325k 28 17 1 0.1 9.9
326k-350k 24 15 2 0.1 9.6
351k-375k 6 13 2 0.4 2.8
376k-400k 14 15 3 0.2 5.6
401k-425k 9 9 0.2 6
426k-450k 16 11 0.1 8.7
451k-475k 11 9 1 0.1 7.3
476k-500k 7 8 0.2 5.3
501k-550k 10 18 4 0.3 3.3
551k-600k 10 7 1 0.1 8.6
601k-650k 10 12 0.2 5
651k-700k 7 9 0.2 4.7
701k-750k 10 5 1 0.1 12
751k-800k 3 8 2 0.4 2.3
801k-850k 6 6 2 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 2 0.2 6
951k-1m 6 6 0.2 6
1m-1.1m 5 5 2 0.2 6
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 1 5 2 0.8 1.2
1.4m-1.5m 4 6 2 0.3 4
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 1 5 1 0.8 1.2
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 7 3 0.1 14
1.9m-2m 4 2 1 0.1 12
2m-2.25m 10 14 3 0.2 4.3
2.25m-2.5m 17 9 2 0.1 11.3
2.5m-2.75m 8 3 0.1 16
2.75m-3m 6 0
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 1 6 1 1 1
51k-75k 4 9 0.4 2.7
76k-100k 14 12 2 0.1 7
101k-125k 16 4 0 24
126k-150k 16 5 1 0.1 19.2
151k-175k 6 6 0.2 6
176k-200k 17 5 0 20.4
201k-225k 8 3 0.1 16
226k-250k 8 4 2 0.1 12
251k-275k 6 4 1 0.1 9
276k-300k 7 2 1 0 21
301k-325k 5 0
326k-350k 15 1 0 90
351k-375k 3 1 0.1 18
376k-400k 1 3 0.5 2
401k-425k 5 2 0.1 15
426k-450k 7 1 1 0 42
451k-475k 2 0.3 0
476k-500k 6 0
501k-550k 2 4 1 0.3 3
551k-600k 6 0
601k-650k 4 7 3 0.3 3.4
651k-700k 5 2 2 0.1 15
701k-750k 4 0
751k-800k 5 1 0 30
801k-850k 3 1 1 0.1 18
851k-900k 7 3 0.1 14
901k-950k 5 0
951k-1m 4 0
1m-1.1m 2 0.3 0
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 4 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
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 3 0
2.5m-2.75m 7 0
2.75m-3m 10 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