Absorption Report

Wesley Chapel, Williams Double Branch Estates


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 Since 12/31 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
51k-75k 3 0.5 0
76k-100k 1 3 1 0.5 2
101k-125k 2 0.3 0
126k-150k 2 3 1 0.3 4
151k-175k 6 19 3 0.5 1.9
176k-200k 8 37 5 0.8 1.3
201k-225k 19 76 17 0.7 1.5
226k-250k 40 112 31 0.5 2.1
251k-275k 47 89 18 0.3 3.2
276k-300k 56 75 14 0.2 4.5
301k-325k 33 116 15 0.6 1.7
326k-350k 93 197 29 0.4 2.8
351k-375k 73 229 32 0.5 1.9
376k-400k 82 231 34 0.5 2.1
401k-425k 56 178 30 0.5 1.9
426k-450k 90 140 28 0.3 3.9
451k-475k 65 146 28 0.4 2.7
476k-500k 63 122 18 0.3 3.1
501k-550k 81 141 27 0.3 3.4
551k-600k 58 111 19 0.3 3.1
601k-650k 56 88 21 0.3 3.8
651k-700k 54 68 12 0.2 4.8
701k-750k 40 30 8 0.1 8
751k-800k 31 26 5 0.1 7.2
801k-850k 13 19 5 0.2 4.1
851k-900k 24 10 0.1 14.4
901k-950k 9 6 0.1 9
951k-1m 15 8 5 0.1 11.3
1m-1.1m 6 3 1 0.1 12
1.1m-1.2m 17 11 3 0.1 9.3
1.2m-1.3m 9 8 3 0.1 6.8
1.3m-1.4m 5 5 0.2 6
1.4m-1.5m 7 1 0 42
1.5m-1.6m 6 4 1 0.1 9
1.6m-1.7m 2 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 3 0
2m-2.25m 1 0.2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 0.2 0
3.5m-4m 2 0
4.5m-5m 1 0