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 4 0.7 0
101k-125k 3 6 1 0.3 3
126k-150k 7 1 1.2 0
151k-175k 2 8 5 0.7 1.5
176k-200k 18 31 5 0.3 3.5
201k-225k 23 39 6 0.3 3.5
226k-250k 54 70 6 0.2 4.6
251k-275k 55 97 24 0.3 3.4
276k-300k 120 140 21 0.2 5.1
301k-325k 98 120 11 0.2 4.9
326k-350k 90 98 20 0.2 5.5
351k-375k 80 73 18 0.2 6.6
376k-400k 46 37 8 0.1 7.5
401k-425k 23 24 5 0.2 5.8
426k-450k 23 21 5 0.2 6.6
451k-475k 14 14 3 0.2 6
476k-500k 12 12 1 0.2 6
501k-550k 10 15 3 0.3 4
551k-600k 7 4 0.1 10.5
601k-650k 5 1 0 30
651k-700k 8 2 1 0 24
701k-750k 3 3 1 0.2 6
751k-800k 5 2 0.1 15
801k-850k 1 0.2 0
851k-900k 2 2 0.2 6
901k-950k 3 1 0.5 0
951k-1m 3 0
1m-1.1m 1 1 0.2 6
1.1m-1.2m 1 2 0.3 3
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
2.25m-2.5m 1 0.2 0
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 2 1 0.1 12
201k-225k 3 2 0.1 9
226k-250k 3 2 0.1 9
276k-300k 1 0
476k-500k 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
76k-100k 5 6 2 0.2 5
101k-125k 11 8 1 0.1 8.3
126k-150k 18 18 2 0.2 6
151k-175k 11 12 0.2 5.5
176k-200k 8 4 1 0.1 12
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 3 2 0.1 9
26k-50k 3 6 2 0.3 3
51k-75k 5 1 0 30
76k-100k 1 1 0.2 6
101k-125k 1 0.2 0
126k-150k 5 3 0.1 10
151k-175k 2 1 0.3 0
176k-200k 4 0
201k-225k 1 0
226k-250k 1 1 0.2 6
251k-275k 1 1 0.2 6
276k-300k 1 0
301k-325k 1 0.2 0
351k-375k 2 1 0.1 12
376k-400k 2 0
551k-600k 1 0.2 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