Absorption Report

Winter Garden, Dillard Pointe, Bridgton

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 17% 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
1k-25k 2 2 0.2 6
76k-100k 1 0.2 0
101k-125k 7 1 1.2 0
126k-150k 1 9 1 1.5 0.7
151k-175k 7 14 6 0.3 3
176k-200k 6 23 5 0.6 1.6
201k-225k 9 20 2 0.4 2.7
226k-250k 22 29 4 0.2 4.6
251k-275k 21 33 5 0.3 3.8
276k-300k 32 53 10 0.3 3.6
301k-325k 44 62 6 0.2 4.3
326k-350k 59 90 10 0.3 3.9
351k-375k 80 72 12 0.2 6.7
376k-400k 113 108 21 0.2 6.3
401k-425k 68 80 10 0.2 5.1
426k-450k 96 89 17 0.2 6.5
451k-475k 62 57 6 0.2 6.5
476k-500k 98 65 16 0.1 9
501k-550k 127 110 10 0.1 6.9
551k-600k 129 94 12 0.1 8.2
601k-650k 93 79 15 0.1 7.1
651k-700k 77 47 9 0.1 9.8
701k-750k 41 37 7 0.2 6.6
751k-800k 44 30 7 0.1 8.8
801k-850k 29 28 11 0.2 6.2
851k-900k 27 9 1 0.1 18
901k-950k 21 17 3 0.1 7.4
951k-1m 32 10 4 0.1 19.2
1m-1.1m 14 13 5 0.2 6.5
1.1m-1.2m 29 18 7 0.1 9.7
1.2m-1.3m 15 10 6 0.1 9
1.3m-1.4m 9 9 1 0.2 6
1.4m-1.5m 16 6 3 0.1 16
1.5m-1.6m 11 7 5 0.1 9.4
1.6m-1.7m 10 8 3 0.1 7.5
1.7m-1.8m 2 8 2 0.7 1.5
1.8m-1.9m 9 3 0.1 18
1.9m-2m 8 0
2m-2.25m 7 6 1 0.1 7
2.25m-2.5m 8 5 0.1 9.6
2.5m-2.75m 9 0
2.75m-3m 11 2 1 0 33
3m-3.5m 5 5 4 0.2 6
3.5m-4m 7 0
4m-4.5m 2 2 0.2 6
4.5m-5m 2 1 0.1 12
5.01m-6m 6 1 0 36
6.01m-7m 1 0
7.01m-8m 1 0
9.01m-10m 2 0
17.01m-18m 1 0.2 0

Townhouses 7% 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
76k-100k 1 0
126k-150k 3 4 1 0.2 4.5
151k-175k 8 4 1 0.1 12
176k-200k 11 9 0.1 7.3
201k-225k 12 17 3 0.2 4.2
226k-250k 26 18 4 0.1 8.7
251k-275k 19 16 5 0.1 7.1
276k-300k 31 23 2 0.1 8.1
301k-325k 29 12 0.1 14.5
326k-350k 39 19 0.1 12.3
351k-375k 18 11 0.1 9.8
376k-400k 15 1 0 90
401k-425k 3 1 1 0.1 18
426k-450k 3 0
451k-475k 2 0
476k-500k 2 0
501k-550k 3 0
551k-600k 1 0.2 0
601k-650k 1 0
751k-800k 1 0.2 0
1.1m-1.2m 1 0

Condos 9% 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 2 0
76k-100k 10 11 2 0.2 5.5
101k-125k 20 24 4 0.2 5
126k-150k 52 35 7 0.1 8.9
151k-175k 63 50 5 0.1 7.6
176k-200k 105 59 10 0.1 10.7
201k-225k 106 64 10 0.1 9.9
226k-250k 131 50 12 0.1 15.7
251k-275k 94 49 9 0.1 11.5
276k-300k 145 50 5 0.1 17.4
301k-325k 110 42 6 0.1 15.7
326k-350k 116 30 2 0 23.2
351k-375k 69 20 3 0 20.7
376k-400k 83 25 6 0.1 19.9
401k-425k 35 10 4 0 21
426k-450k 48 18 4 0.1 16
451k-475k 31 19 4 0.1 9.8
476k-500k 26 11 4 0.1 14.2
501k-550k 35 18 3 0.1 11.7
551k-600k 16 7 1 0.1 13.7
601k-650k 10 2 1 0 30
651k-700k 11 2 0 33
701k-750k 10 3 1 0.1 20
751k-800k 6 0
801k-850k 4 3 0.1 8
851k-900k 12 1 0 72
901k-950k 3 0
951k-1m 4 1 1 0 24
1m-1.1m 1 0
1.1m-1.2m 7 3 0.1 14
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 6 0
1.4m-1.5m 3 0
1.5m-1.6m 1 0.2 0
1.6m-1.7m 2 2 1 0.2 6
1.7m-1.8m 1 0.2 0
2.5m-2.75m 1 0
3.5m-4m 1 0
5.01m-6m 1 0

Land 9% 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
1k-25k 16 31 5 0.3 3.1
26k-50k 56 57 15 0.2 5.9
51k-75k 74 36 13 0.1 12.3
76k-100k 54 8 1 0 40.5
101k-125k 12 6 1 0.1 12
126k-150k 30 5 0 36
151k-175k 22 9 1 0.1 14.7
176k-200k 25 5 1 0 30
201k-225k 20 2 1 0 60
226k-250k 17 3 0 34
251k-275k 16 4 1 0 24
276k-300k 6 3 0.1 12
301k-325k 5 2 0.1 15
326k-350k 6 0
351k-375k 3 0
376k-400k 2 0
426k-450k 5 0
451k-475k 2 0
476k-500k 7 3 0.1 14
501k-550k 5 1 0 30
551k-600k 9 2 0 27
601k-650k 5 3 0.1 10
651k-700k 1 0
701k-750k 5 0
751k-800k 4 0
801k-850k 1 1 0.2 6
851k-900k 2 1 0.1 12
901k-950k 1 0
951k-1m 4 0
1.1m-1.2m 4 1 0 24
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0
1.6m-1.7m 1 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 2 0
2m-2.25m 1 0
2.25m-2.5m 1 2 2 0.3 3
2.5m-2.75m 1 0
2.75m-3m 3 1 0.1 18
3m-3.5m 1 1 0.2 6
4m-4.5m 1 1 0.2 6
5.01m-6m 1 0
6.01m-7m 2 0
11.01m-12m 1 0