Absorption Report

Winter Haven, 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
51k-75k 1 0.2 0
76k-100k 2 3 0.3 4
101k-125k 4 6 0.3 4
126k-150k 1 6 1 1
151k-175k 12 4 2 0
176k-200k 20 27 2 0.2 4.4
201k-225k 20 33 7 0.3 3.6
226k-250k 56 74 17 0.2 4.5
251k-275k 55 100 21 0.3 3.3
276k-300k 107 134 19 0.2 4.8
301k-325k 90 113 21 0.2 4.8
326k-350k 86 95 16 0.2 5.4
351k-375k 79 69 7 0.1 6.9
376k-400k 50 31 3 0.1 9.7
401k-425k 23 24 4 0.2 5.8
426k-450k 24 18 2 0.1 8
451k-475k 15 13 2 0.1 6.9
476k-500k 9 8 1 0.1 6.8
501k-550k 13 19 6 0.2 4.1
551k-600k 7 5 1 0.1 8.4
601k-650k 4 1 0 24
651k-700k 7 2 0 21
701k-750k 3 4 2 0.2 4.5
751k-800k 4 2 1 0.1 12
801k-850k 1 0.2 0
851k-900k 2 2 1 0.2 6
901k-950k 1 0.2 0
951k-1m 1 0
1m-1.1m 1 1 0.2 6
1.1m-1.2m 3 3 1 0.2 6
1.2m-1.3m 2 0
1.3m-1.4m 2 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0.2 0
1.6m-1.7m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 1 0.2 6
3.5m-4m 1 0