Absorption Report

Winter Haven, 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
51k-75k 1 0.2 0
76k-100k 1 4 0.7 1.5
101k-125k 2 6 1 0.5 2
126k-150k 2 7 1 0.6 1.7
151k-175k 1 10 3 1.7 0.6
176k-200k 15 27 4 0.3 3.3
201k-225k 26 37 6 0.2 4.2
226k-250k 55 74 16 0.2 4.5
251k-275k 53 99 22 0.3 3.2
276k-300k 119 134 16 0.2 5.3
301k-325k 100 124 18 0.2 4.8
326k-350k 85 96 15 0.2 5.3
351k-375k 82 71 13 0.1 6.9
376k-400k 46 31 5 0.1 8.9
401k-425k 22 24 5 0.2 5.5
426k-450k 25 23 3 0.2 6.5
451k-475k 16 13 1 0.1 7.4
476k-500k 10 11 0.2 5.5
501k-550k 14 14 1 0.2 6
551k-600k 7 4 0.1 10.5
601k-650k 2 1 0.1 12
651k-700k 9 2 0 27
701k-750k 3 4 1 0.2 4.5
751k-800k 5 3 1 0.1 10
801k-850k 1 0.2 0
851k-900k 2 1 0.1 12
901k-950k 1 0.2 0
951k-1m 3 0
1m-1.1m 1 1 0.2 6
1.1m-1.2m 2 3 1 0.3 4
1.2m-1.3m 2 0
1.3m-1.4m 2 0
1.4m-1.5m 1 0
1.5m-1.6m 1 1 1 0.2 6
1.6m-1.7m 1 0
1.9m-2m 1 1 0.2 6
3.5m-4m 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
126k-150k 1 0.2 0
151k-175k 2 0
176k-200k 1 1 0.2 6
201k-225k 3 1 0.1 18
226k-250k 2 3 1 0.3 4
251k-275k 1 0
276k-300k 4 0
476k-500k 1 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
76k-100k 4 8 3 0.3 3
101k-125k 11 8 1 0.1 8.3
126k-150k 15 19 3 0.2 4.7
151k-175k 11 14 3 0.2 4.7
176k-200k 8 5 2 0.1 9.6
201k-225k 2 2 0.2 6
226k-250k 1 1 0.2 6
251k-275k 1 1 0.2 6
276k-300k 1 0
376k-400k 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
1k-25k 2 1 0.1 12
26k-50k 3 6 1 0.3 3
51k-75k 5 1 0 30
76k-100k 1 0.2 0
101k-125k 1 2 1 0.3 3
126k-150k 5 3 0.1 10
151k-175k 2 1 0.3 0
176k-200k 2 0
201k-225k 1 0
226k-250k 1 0
251k-275k 2 1 0.1 12
301k-325k 1 0.2 0
351k-375k 2 1 0.1 12
376k-400k 2 0
476k-500k 1 0
601k-650k 1 0
651k-700k 1 0
701k-750k 1 0
851k-900k 1 0
951k-1m 2 1 0.1 12
1.1m-1.2m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.9m-2m 1 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 1 0
5.01m-6m 1 0
7.01m-8m 1 0