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 1 0.2 6
76k-100k 2 4 0.3 3
101k-125k 2 5 0.4 2.4
126k-150k 3 6 0.3 3
151k-175k 11 4 1.8 0
176k-200k 17 27 4 0.3 3.8
201k-225k 19 36 8 0.3 3.2
226k-250k 54 75 17 0.2 4.3
251k-275k 58 100 22 0.3 3.5
276k-300k 116 135 15 0.2 5.2
301k-325k 104 116 16 0.2 5.4
326k-350k 83 96 17 0.2 5.2
351k-375k 87 71 12 0.1 7.4
376k-400k 48 28 4 0.1 10.3
401k-425k 22 24 5 0.2 5.5
426k-450k 23 20 3 0.1 6.9
451k-475k 15 15 2 0.2 6
476k-500k 10 9 0.2 6.7
501k-550k 14 17 4 0.2 4.9
551k-600k 7 5 1 0.1 8.4
601k-650k 4 1 0 24
651k-700k 8 2 0 24
701k-750k 2 3 1 0.3 4
751k-800k 5 3 1 0.1 10
801k-850k 1 0.2 0
851k-900k 2 2 1 0.2 6
901k-950k 1 0.2 0
951k-1m 2 0
1m-1.1m 1 1 0.2 6
1.1m-1.2m 3 3 1 0.2 6
1.2m-1.3m 1 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 1 0.1 18
226k-250k 2 3 1 0.3 4
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 9 4 0.4 2.7
101k-125k 11 8 1 0.1 8.3
126k-150k 16 18 4 0.2 5.3
151k-175k 10 16 5 0.3 3.8
176k-200k 8 5 2 0.1 9.6
201k-225k 2 1 0.1 12
226k-250k 2 1 0.1 12
251k-275k 1 1 0.2 6
276k-300k 1 0
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 2 1 0.1 12
26k-50k 3 6 0.3 3
51k-75k 4 1 0 24
76k-100k 1 0.2 0
101k-125k 1 2 1 0.3 3
126k-150k 4 3 0.1 8
151k-175k 2 0.3 0
176k-200k 2 0
201k-225k 1 0
226k-250k 1 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 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