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 45 92 12 0.3 2.9
301k-325k 52 94 22 0.3 3.3
326k-350k 45 66 17 0.2 4.1
351k-375k 60 59 6 0.2 6.1
376k-400k 45 67 14 0.2 4
401k-425k 40 46 8 0.2 5.2
426k-450k 38 41 10 0.2 5.6
451k-475k 15 21 4 0.2 4.3
476k-500k 29 32 11 0.2 5.4
501k-550k 31 35 6 0.2 5.3
551k-600k 24 29 7 0.2 5
601k-650k 14 25 4 0.3 3.4
651k-700k 11 14 2 0.2 4.7
701k-750k 9 15 2 0.3 3.6
751k-800k 4 9 2 0.4 2.7
801k-850k 2 10 2 0.8 1.2
851k-900k 7 7 2 0.2 6
901k-950k 4 6 1 0.3 4
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

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
376k-400k 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