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 2 2 0.2 6
101k-125k 4 6 0.3 4
126k-150k 1 6 1 1
151k-175k 13 5 2.2 0
176k-200k 20 26 2 0.2 4.6
201k-225k 19 32 6 0.3 3.6
226k-250k 58 75 17 0.2 4.6
251k-275k 50 99 22 0.3 3
276k-300k 104 134 20 0.2 4.7
301k-325k 88 113 19 0.2 4.7
326k-350k 84 93 14 0.2 5.4
351k-375k 81 70 7 0.1 6.9
376k-400k 50 29 3 0.1 10.3
401k-425k 23 23 3 0.2 6
426k-450k 24 18 2 0.1 8
451k-475k 15 13 2 0.1 6.9
476k-500k 11 8 1 0.1 8.3
501k-550k 11 18 6 0.3 3.7
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 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 1 0
1.8m-1.9m 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 1 0
176k-200k 1 0.2 0
201k-225k 3 0
226k-250k 1 3 0.5 2
251k-275k 1 0
276k-300k 4 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 9 3 0.4 2.7
101k-125k 12 8 1 0.1 9
126k-150k 16 18 2 0.2 5.3
151k-175k 8 15 6 0.3 3.2
176k-200k 8 6 2 0.1 8
201k-225k 3 1 0.1 18
226k-250k 2 1 0.1 12
251k-275k 2 1 0.1 12
351k-375k 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 1 0.1 18
26k-50k 3 7 1 0.4 2.6
51k-75k 2 2 1 0.2 6
76k-100k 1 0.2 0
101k-125k 3 1 0.5 0
126k-150k 4 3 0.1 8
151k-175k 2 0.3 0
176k-200k 2 0
201k-225k 1 0
226k-250k 2 0
251k-275k 2 1 0.1 12
351k-375k 2 0
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 1 0.2 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