Absorption Report

The Villages, 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
101k-125k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 5 3 0.8 0
226k-250k 7 20 3 0.5 2.1
251k-275k 22 38 9 0.3 3.5
276k-300k 44 90 11 0.3 2.9
301k-325k 53 92 21 0.3 3.5
326k-350k 44 66 15 0.3 4
351k-375k 60 57 5 0.2 6.3
376k-400k 46 64 13 0.2 4.3
401k-425k 41 44 8 0.2 5.6
426k-450k 38 41 10 0.2 5.6
451k-475k 16 20 4 0.2 4.8
476k-500k 31 31 10 0.2 6
501k-550k 33 35 6 0.2 5.7
551k-600k 23 27 7 0.2 5.1
601k-650k 14 25 4 0.3 3.4
651k-700k 11 15 3 0.2 4.4
701k-750k 8 15 2 0.3 3.2
751k-800k 3 9 2 0.5 2
801k-850k 2 9 1 0.8 1.3
851k-900k 7 7 1 0.2 6
901k-950k 4 5 1 0.2 4.8
951k-1m 2 5 0.4 2.4
1m-1.1m 4 6 2 0.3 4
1.1m-1.2m 2 4 0.3 3
1.2m-1.3m 7 1 0 42
1.3m-1.4m 1 1 0.2 6
1.6m-1.7m 1 0
2m-2.25m 1 0.2 0
2.75m-3m 1 0

Condos NAN% 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
376k-400k 1 0.2 0

Land NAN% 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