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 5 3 0.8 0
226k-250k 7 20 3 0.5 2.1
251k-275k 21 39 10 0.3 3.2
276k-300k 44 91 12 0.3 2.9
301k-325k 52 93 22 0.3 3.4
326k-350k 44 66 14 0.3 4
351k-375k 56 57 5 0.2 5.9
376k-400k 47 65 14 0.2 4.3
401k-425k 40 44 8 0.2 5.5
426k-450k 38 42 11 0.2 5.4
451k-475k 17 20 4 0.2 5.1
476k-500k 32 31 10 0.2 6.2
501k-550k 33 36 7 0.2 5.5
551k-600k 22 27 7 0.2 4.9
601k-650k 13 26 5 0.3 3
651k-700k 11 15 3 0.2 4.4
701k-750k 8 16 3 0.3 3
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