Absorption Report

The Villages, FL, House

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 8 4 1.3 0
226k-250k 8 20 1 0.4 2.4
251k-275k 21 39 7 0.3 3.2
276k-300k 46 91 14 0.3 3
301k-325k 49 90 18 0.3 3.3
326k-350k 45 72 16 0.3 3.8
351k-375k 49 49 4 0.2 6
376k-400k 59 68 18 0.2 5.2
401k-425k 40 51 14 0.2 4.7
426k-450k 41 39 9 0.2 6.3
451k-475k 24 23 7 0.2 6.3
476k-500k 28 30 5 0.2 5.6
501k-550k 31 37 8 0.2 5
551k-600k 23 28 7 0.2 4.9
601k-650k 11 25 7 0.4 2.6
651k-700k 12 15 4 0.2 4.8
701k-750k 9 19 5 0.4 2.8
751k-800k 3 10 2 0.6 1.8
801k-850k 3 9 1 0.5 2
851k-900k 7 8 2 0.2 5.3
901k-950k 2 5 2 0.4 2.4
951k-1m 5 6 1 0.2 5
1m-1.1m 3 5 0.3 3.6
1.1m-1.2m 3 3 0.2 6
1.2m-1.3m 4 1 0 24
1.3m-1.4m 1 1 0.2 6
1.6m-1.7m 2 0
1.7m-1.8m 1 1 0.2 0
2m-2.25m 1 0.2 0