Absorption Report

Tampa, Belt Court

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 Since 12/31 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
126k-150k 1 0.2 0
151k-175k 1 0.2 0
176k-200k 1 3 1 0.5 2
201k-225k 2 4 1 0.3 3
226k-250k 10 2 1.7 0
251k-275k 12 1 2 0
276k-300k 9 19 2 0.4 2.8
301k-325k 7 21 4 0.5 2
326k-350k 9 37 7 0.7 1.5
351k-375k 10 28 4 0.5 2.1
376k-400k 17 29 1 0.3 3.5
401k-425k 9 29 4 0.5 1.9
426k-450k 10 44 9 0.7 1.4
451k-475k 13 27 4 0.3 2.9
476k-500k 22 34 7 0.3 3.9
501k-550k 23 39 8 0.3 3.5
551k-600k 33 36 6 0.2 5.5
601k-650k 29 26 5 0.1 6.7
651k-700k 15 18 4 0.2 5
701k-750k 9 26 6 0.5 2.1
751k-800k 17 25 7 0.2 4.1
801k-850k 12 12 2 0.2 6
851k-900k 11 10 1 0.2 6.6
901k-950k 7 1 0 42
951k-1m 7 7 1 0.2 6
1m-1.1m 5 11 1 0.4 2.7
1.1m-1.2m 12 9 0.1 8
1.2m-1.3m 13 5 2 0.1 15.6
1.3m-1.4m 6 4 2 0.1 9
1.4m-1.5m 3 5 0.3 3.6
1.5m-1.6m 4 2 0.1 12
1.6m-1.7m 4 2 0.1 12
1.7m-1.8m 2 4 1 0.3 3
1.8m-1.9m 1 5 3 0.8 1.2
1.9m-2m 9 2 0 27
2m-2.25m 8 4 1 0.1 12
2.25m-2.5m 4 2 1 0.1 12
2.5m-2.75m 5 2 0.1 15
2.75m-3m 2 1 0.1 12
3m-3.5m 2 2 0.2 6
4m-4.5m 2 0
4.5m-5m 2 0
5.01m-6m 1 0
6.01m-7m 1 0
7.01m-8m 2 0
9.01m-10m 1 0
11.01m-12m 2 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
201k-225k 2 0
226k-250k 3 0
251k-275k 1 1 1 0.2 6
276k-300k 2 3 2 0.3 4
301k-325k 2 2 0.2 6
326k-350k 4 2 1 0.1 12
351k-375k 1 1 0.2 6
376k-400k 3 5 2 0.3 3.6
401k-425k 6 2 1 0
426k-450k 6 3 0.1 12
451k-475k 4 4 1 0.2 6
476k-500k 3 8 2 0.4 2.3
501k-550k 5 6 3 0.2 5
551k-600k 2 3 0.3 4
601k-650k 7 2 0 21
651k-700k 2 2 0.2 6
701k-750k 4 3 0.1 8
751k-800k 4 2 0.1 12
801k-850k 3 4 1 0.2 4.5
851k-900k 1 2 0.3 3
901k-950k 1 1 0.2 6
951k-1m 1 1 0.2 6
1.1m-1.2m 1 0.2 0
1.2m-1.3m 4 0
1.3m-1.4m 3 0
1.5m-1.6m 1 0.2 0
1.6m-1.7m 1 0.2 0
2m-2.25m 1 0
2.5m-2.75m 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 3 1 0.5 2
101k-125k 2 6 0.5 2
126k-150k 9 9 2 0.2 6
151k-175k 13 5 1 0.1 15.6
176k-200k 17 17 5 0.2 6
201k-225k 16 13 2 0.1 7.4
226k-250k 20 14 3 0.1 8.6
251k-275k 17 21 0.2 4.9
276k-300k 14 10 3 0.1 8.4
301k-325k 9 9 1 0.2 6
326k-350k 5 7 1 0.2 4.3
351k-375k 6 3 0.1 12
376k-400k 4 4 1 0.2 6
401k-425k 3 2 1 0.1 9
426k-450k 7 3 1 0.1 14
451k-475k 2 1 0.1 12
476k-500k 5 1 0 30
501k-550k 6 2 0.1 18
551k-600k 4 1 0 24
601k-650k 5 4 1 0.1 7.5
651k-700k 4 0
701k-750k 2 0
751k-800k 1 1 0.2 6
801k-850k 2 0.3 0
851k-900k 2 0
901k-950k 1 1 0.2 6
951k-1m 3 1 0.1 18
1m-1.1m 1 1 0.2 6
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 5 2 0.1 15
1.3m-1.4m 4 1 0 24
1.4m-1.5m 2 2 2 0.2 6
1.5m-1.6m 1 0
1.6m-1.7m 5 0
1.7m-1.8m 1 1 0.2 6
1.8m-1.9m 1 1 0.2 6
1.9m-2m 1 0
2m-2.25m 3 1 0.5 0
2.25m-2.5m 1 5 1 0.8 1.2
2.5m-2.75m 2 1 0.3 0
2.75m-3m 1 2 0.3 3
3m-3.5m 2 0
3.5m-4m 2 0.3 0
4m-4.5m 1 0.2 0
5.01m-6m 3 0
7.01m-8m 3 0.5 0