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 1 1 1
126k-150k 12 2 2 0
151k-175k 8 22 6 0.5 2.2
176k-200k 20 32 6 0.3 3.8
201k-225k 13 44 13 0.6 1.8
226k-250k 22 72 7 0.5 1.8
251k-275k 37 92 7 0.4 2.4
276k-300k 66 125 26 0.3 3.2
301k-325k 59 112 14 0.3 3.2
326k-350k 81 161 25 0.3 3
351k-375k 67 162 26 0.4 2.5
376k-400k 96 199 18 0.3 2.9
401k-425k 70 138 25 0.3 3
426k-450k 96 142 23 0.2 4.1
451k-475k 50 99 12 0.3 3
476k-500k 74 121 18 0.3 3.7
501k-550k 115 175 26 0.3 3.9
551k-600k 100 122 15 0.2 4.9
601k-650k 69 106 12 0.3 3.9
651k-700k 56 102 22 0.3 3.3
701k-750k 43 66 13 0.3 3.9
751k-800k 34 74 11 0.4 2.8
801k-850k 30 51 11 0.3 3.5
851k-900k 41 49 9 0.2 5
901k-950k 20 39 3 0.3 3.1
951k-1m 23 41 5 0.3 3.4
1m-1.1m 22 36 6 0.3 3.7
1.1m-1.2m 25 26 6 0.2 5.8
1.2m-1.3m 19 35 2 0.3 3.3
1.3m-1.4m 16 25 5 0.3 3.8
1.4m-1.5m 11 24 1 0.4 2.8
1.5m-1.6m 13 19 4 0.2 4.1
1.6m-1.7m 9 20 1 0.4 2.7
1.7m-1.8m 11 10 0.2 6.6
1.8m-1.9m 8 7 3 0.1 6.9
1.9m-2m 9 7 0.1 7.7
2m-2.25m 13 15 2 0.2 5.2
2.25m-2.5m 24 13 2 0.1 11.1
2.5m-2.75m 17 13 1 0.1 7.8
2.75m-3m 13 9 1 0.1 8.7
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 5 0.2 4.3
251k-275k 25 45 3 0.3 3.3
276k-300k 28 38 8 0.2 4.4
301k-325k 37 45 11 0.2 4.9
326k-350k 25 32 9 0.2 4.7
351k-375k 12 29 5 0.4 2.5
376k-400k 17 31 4 0.3 3.3
401k-425k 11 18 2 0.3 3.7
426k-450k 9 14 4 0.3 3.9
451k-475k 13 12 2 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 3 0.3 3
601k-650k 16 15 0.2 6.4
651k-700k 15 14 2 0.2 6.4
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 1 0.3 3
951k-1m 4 9 4 0.4 2.7
1m-1.1m 7 6 3 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 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 29 7 0.2 5
126k-150k 29 35 5 0.2 5
151k-175k 50 40 4 0.1 7.5
176k-200k 69 51 7 0.1 8.1
201k-225k 53 44 10 0.1 7.2
226k-250k 52 24 0.1 13
251k-275k 23 22 4 0.2 6.3
276k-300k 32 19 2 0.1 10.1
301k-325k 26 16 2 0.1 9.8
326k-350k 23 13 0.1 10.6
351k-375k 6 13 1 0.4 2.8
376k-400k 14 12 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 7 7 0.2 6
501k-550k 11 17 2 0.3 3.9
551k-600k 9 8 3 0.1 6.8
601k-650k 7 10 0.2 4.2
651k-700k 8 11 2 0.2 4.4
701k-750k 8 5 1 0.1 9.6
751k-800k 3 7 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 6 7 1 0.2 5.1
1m-1.1m 4 6 1 0.3 4
1.1m-1.2m 5 2 0.1 15
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 2 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 3 3 0.2 6
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 19 4 0 28.5
151k-175k 5 6 0.2 5
176k-200k 16 3 0 32
201k-225k 7 4 1 0.1 10.5
226k-250k 5 5 1 0.2 6
251k-275k 5 3 0.1 10
276k-300k 7 2 1 0 21
301k-325k 8 0
326k-350k 14 1 0 84
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 8 1 0 48
801k-850k 2 1 0.1 12
851k-900k 7 2 0 21
901k-950k 5 0
951k-1m 4 0
1m-1.1m 2 2 0.2 6
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 4 3 0.1 8
1.3m-1.4m 3 0
1.4m-1.5m 5 0
1.5m-1.6m 1 0
1.6m-1.7m 1 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