Absorption Report

Winter Garden, 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
151k-175k 1 1 0.2 0
176k-200k 2 1 1 0.1 12
201k-225k 1 1 0.2 6
251k-275k 4 1 0.7 0
276k-300k 1 3 0.5 2
301k-325k 1 9 1 1.5 0.7
326k-350k 1 0.2 0
351k-375k 1 1 0.2 6
376k-400k 5 2 0.8 0
401k-425k 5 12 1 0.4 2.5
426k-450k 3 17 2 0.9 1.1
451k-475k 7 14 0.3 3
476k-500k 10 35 4 0.6 1.7
501k-550k 37 86 25 0.4 2.6
551k-600k 52 104 23 0.3 3
601k-650k 43 69 12 0.3 3.7
651k-700k 29 54 8 0.3 3.2
701k-750k 30 74 18 0.4 2.4
751k-800k 17 47 6 0.5 2.2
801k-850k 17 39 10 0.4 2.6
851k-900k 11 23 3 0.3 2.9
901k-950k 14 20 3 0.2 4.2
951k-1m 5 18 4 0.6 1.7
1m-1.1m 12 14 0.2 5.1
1.1m-1.2m 14 20 6 0.2 4.2
1.2m-1.3m 5 16 4 0.5 1.9
1.3m-1.4m 6 1 1 0
1.4m-1.5m 5 6 0.2 5
1.5m-1.6m 4 0.7 0
1.6m-1.7m 2 3 1 0.3 4
1.7m-1.8m 1 3 1 0.5 2
1.8m-1.9m 1 1 1 0.2 6
1.9m-2m 1 1 0.2 6
2m-2.25m 7 6 0.1 7
2.25m-2.5m 5 3 1 0.1 10
2.5m-2.75m 2 3 0.3 4
2.75m-3m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 0
5.01m-6m 1 0
11.01m-12m 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
201k-225k 2 0.3 0
226k-250k 1 0
251k-275k 1 0.2 0
276k-300k 1 1 0.2 6
301k-325k 4 9 0.4 2.7
326k-350k 2 7 3 0.6 1.7
351k-375k 5 7 1 0.2 4.3
376k-400k 13 1 2.2 0
401k-425k 5 43 12 1.4 0.7
426k-450k 15 61 12 0.7 1.5
451k-475k 15 56 7 0.6 1.6
476k-500k 17 20 0.2 5.1
501k-550k 5 16 1 0.5 1.9
551k-600k 2 0
601k-650k 1 1 1 0.2 6
651k-700k 1 0
701k-750k 1 0.2 0
751k-800k 1 0.2 0
901k-950k 1 0.2 0
1.1m-1.2m 1 0
1.6m-1.7m 1 0.2 0
1.8m-1.9m 1 0.2 0

Condos 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
201k-225k 1 5 0.8 1.2
226k-250k 5 1 0.8 0
251k-275k 1 1 0.2 6
276k-300k 1 4 0.7 1.5
301k-325k 5 1 0 30
326k-350k 3 0
351k-375k 2 2 0.2 6
376k-400k 4 0
401k-425k 1 0
426k-450k 2 0
476k-500k 1 0
501k-550k 1 0

Land 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
51k-75k 4 0
76k-100k 2 0
176k-200k 1 0
201k-225k 1 0
376k-400k 1 0
401k-425k 1 0.2 0
476k-500k 1 1 0.2 6
501k-550k 1 1 0.2 6
651k-700k 1 1 0.2 0
751k-800k 1 0
801k-850k 1 0.2 0
851k-900k 1 0
951k-1m 1 0
1.1m-1.2m 1 0
1.6m-1.7m 1 0.2 0
1.7m-1.8m 1 0
1.9m-2m 2 0
2.25m-2.5m 2 0
3m-3.5m 1 0
7.01m-8m 2 0
15.01m-16m 1 0