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 3 11 1 0.6 1.6
151k-175k 10 18 4 0.3 3.3
176k-200k 21 26 6 0.2 4.8
201k-225k 14 34 6 0.4 2.5
226k-250k 22 76 17 0.6 1.7
251k-275k 34 100 17 0.5 2
276k-300k 70 116 18 0.3 3.6
301k-325k 55 111 11 0.3 3
326k-350k 103 158 15 0.3 3.9
351k-375k 77 166 23 0.4 2.8
376k-400k 104 201 32 0.3 3.1
401k-425k 74 146 19 0.3 3
426k-450k 98 151 14 0.3 3.9
451k-475k 50 104 9 0.3 2.9
476k-500k 79 121 14 0.3 3.9
501k-550k 129 179 20 0.2 4.3
551k-600k 93 134 18 0.2 4.2
601k-650k 76 133 10 0.3 3.4
651k-700k 59 99 13 0.3 3.6
701k-750k 44 74 11 0.3 3.6
751k-800k 41 73 6 0.3 3.4
801k-850k 25 52 2 0.3 2.9
851k-900k 45 43 5 0.2 6.3
901k-950k 28 43 2 0.3 3.9
951k-1m 22 41 8 0.3 3.2
1m-1.1m 29 37 0.2 4.7
1.1m-1.2m 23 38 5 0.3 3.6
1.2m-1.3m 24 38 3 0.3 3.8
1.3m-1.4m 18 29 3 0.3 3.7
1.4m-1.5m 12 28 3 0.4 2.6
1.5m-1.6m 14 20 1 0.2 4.2
1.6m-1.7m 12 25 1 0.3 2.9
1.7m-1.8m 14 15 4 0.2 5.6
1.8m-1.9m 5 13 1 0.4 2.3
1.9m-2m 6 11 2 0.3 3.3
2m-2.25m 16 19 1 0.2 5.1
2.25m-2.5m 26 16 2 0.1 9.8
2.5m-2.75m 17 12 3 0.1 8.5
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 1 0.1 18
6.01m-7m 1 3 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 8 20 0.4 2.4
226k-250k 25 32 3 0.2 4.7
251k-275k 20 52 8 0.4 2.3
276k-300k 36 36 5 0.2 6
301k-325k 32 41 11 0.2 4.7
326k-350k 31 27 5 0.1 6.9
351k-375k 10 30 3 0.5 2
376k-400k 22 31 3 0.2 4.3
401k-425k 14 23 4 0.3 3.7
426k-450k 10 13 1 0.2 4.6
451k-475k 11 11 1 0.2 6
476k-500k 13 12 2 0.2 6.5
501k-550k 16 24 3 0.3 4
551k-600k 14 15 0.2 5.6
601k-650k 13 19 1 0.2 4.1
651k-700k 14 13 1 0.2 6.5
701k-750k 13 16 5 0.2 4.9
751k-800k 15 15 2 0.2 6
801k-850k 14 8 1 0.1 10.5
851k-900k 9 9 3 0.2 6
901k-950k 6 9 4 0.3 4
951k-1m 6 7 0.2 5.1
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 3 1 0.3 4
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 1 0.2 0
2.25m-2.5m 2 1 0.1 12
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 3 0.4 2.7
101k-125k 23 26 1 0.2 5.3
126k-150k 38 33 4 0.1 6.9
151k-175k 50 52 5 0.2 5.8
176k-200k 62 54 8 0.1 6.9
201k-225k 67 43 4 0.1 9.3
226k-250k 64 36 3 0.1 10.7
251k-275k 29 22 3 0.1 7.9
276k-300k 33 18 1 0.1 11
301k-325k 29 20 1 0.1 8.7
326k-350k 21 17 3 0.1 7.4
351k-375k 5 11 2 0.4 2.7
376k-400k 15 14 2 0.2 6.4
401k-425k 8 12 1 0.3 4
426k-450k 17 12 0.1 8.5
451k-475k 10 8 2 0.1 7.5
476k-500k 5 10 0.3 3
501k-550k 9 15 1 0.3 3.6
551k-600k 11 7 0.1 9.4
601k-650k 10 14 4 0.2 4.3
651k-700k 6 9 2 0.3 4
701k-750k 8 4 1 0.1 12
751k-800k 5 8 1 0.3 3.8
801k-850k 4 4 1 0.2 6
851k-900k 3 1 0.1 18
901k-950k 2 2 0.2 6
951k-1m 5 6 0.2 5
1m-1.1m 7 3 1 0.1 14
1.1m-1.2m 6 3 1 0.1 12
1.2m-1.3m 3 4 0.2 4.5
1.3m-1.4m 1 5 1 0.8 1.2
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 4 0.2 4.5
1.8m-1.9m 7 7 0.2 6
1.9m-2m 3 6 1 0.3 3
2m-2.25m 11 17 3 0.3 3.9
2.25m-2.5m 17 9 1 0.1 11.3
2.5m-2.75m 9 6 0.1 9
2.75m-3m 6 2 0.1 18
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 5 0.4 2.4
51k-75k 2 11 1 0.9 1.1
76k-100k 15 12 4 0.1 7.5
101k-125k 13 5 2 0.1 15.6
126k-150k 16 6 1 0.1 16
151k-175k 9 8 1 0.1 6.8
176k-200k 20 5 0 24
201k-225k 6 3 0.1 12
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 2 3 0.3 4
401k-425k 4 3 1 0.1 8
426k-450k 7 1 0 42
451k-475k 2 0.3 0
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 2 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