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 1 8 3 1.3 0.8
226k-250k 7 21 2 0.5 2
251k-275k 21 39 9 0.3 3.2
276k-300k 47 88 15 0.3 3.2
301k-325k 51 94 20 0.3 3.3
326k-350k 47 72 18 0.3 3.9
351k-375k 49 48 3 0.2 6.1
376k-400k 60 67 18 0.2 5.4
401k-425k 37 50 11 0.2 4.4
426k-450k 44 36 7 0.1 7.3
451k-475k 24 22 5 0.2 6.5
476k-500k 25 30 6 0.2 5
501k-550k 30 38 9 0.2 4.7
551k-600k 23 26 7 0.2 5.3
601k-650k 12 25 6 0.3 2.9
651k-700k 11 17 4 0.3 3.9
701k-750k 11 19 5 0.3 3.5
751k-800k 3 10 1 0.6 1.8
801k-850k 3 8 1 0.4 2.3
851k-900k 6 8 2 0.2 4.5
901k-950k 2 4 2 0.3 3
951k-1m 6 6 1 0.2 6
1m-1.1m 3 5 0.3 3.6
1.1m-1.2m 4 3 0.1 8
1.2m-1.3m 4 1 0 24
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 1 1 0.2 0
1.6m-1.7m 2 0
1.7m-1.8m 1 1 0.2 0
2m-2.25m 1 0.2 0