Absorption Report

Winter Park

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 Since 12/31 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
26k-50k 1 0.2 0
51k-75k 2 0.3 0
76k-100k 1 5 0.8 1.2
101k-125k 4 9 2 0.4 2.7
126k-150k 3 18 2 1 1
151k-175k 8 32 3 0.7 1.5
176k-200k 30 50 7 0.3 3.6
201k-225k 45 67 9 0.2 4
226k-250k 61 88 8 0.2 4.2
251k-275k 77 84 14 0.2 5.5
276k-300k 127 125 17 0.2 6.1
301k-325k 143 170 34 0.2 5
326k-350k 218 141 23 0.1 9.3
351k-375k 117 86 14 0.1 8.2
376k-400k 164 95 10 0.1 10.4
401k-425k 72 48 9 0.1 9
426k-450k 64 29 6 0.1 13.2
451k-475k 45 29 6 0.1 9.3
476k-500k 57 27 4 0.1 12.7
501k-550k 69 22 1 0.1 18.8
551k-600k 56 33 2 0.1 10.2
601k-650k 38 11 1 0 20.7
651k-700k 28 12 2 0.1 14
701k-750k 20 10 1 0.1 12
751k-800k 27 17 2 0.1 9.5
801k-850k 15 4 1 0 22.5
851k-900k 22 7 1 0.1 18.9
901k-950k 11 1 0 66
951k-1m 18 5 1 0 21.6
1m-1.1m 7 0
1.1m-1.2m 7 6 1 0.1 7
1.2m-1.3m 10 8 1 0.1 7.5
1.3m-1.4m 2 0
1.4m-1.5m 2 2 0.2 6
1.5m-1.6m 5 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 3 0
1.9m-2m 2 0
2m-2.25m 1 0
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
151k-175k 1 1 0.2 6

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 3 4 1 0.2 4.5
76k-100k 5 11 4 0.4 2.7
101k-125k 10 9 0.2 6.7
126k-150k 33 23 5 0.1 8.6
151k-175k 19 13 1 0.1 8.8
176k-200k 17 9 1 0.1 11.3
201k-225k 9 3 0.1 18
226k-250k 6 13 0.4 2.8
251k-275k 7 7 1 0.2 6
276k-300k 9 2 0 27
301k-325k 3 1 0.1 18
326k-350k 3 0
351k-375k 3 0
376k-400k 2 0
426k-450k 1 0
451k-475k 1 0.2 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
-24,000-0 4 0
1k-25k 1279 685 97 0.1 11.2
26k-50k 1153 171 16 0 40.5
51k-75k 238 40 1 0 35.7
76k-100k 157 31 3 0 30.4
101k-125k 99 11 0 54
126k-150k 51 7 0 43.7
151k-175k 54 6 0 54
176k-200k 37 3 0 74
201k-225k 27 3 0 54
226k-250k 12 4 0.1 18
251k-275k 9 0
276k-300k 14 0
301k-325k 5 1 0 30
326k-350k 3 0
351k-375k 5 1 0 30
376k-400k 5 0
401k-425k 1 0.2 0
426k-450k 5 0
476k-500k 1 0
501k-550k 2 1 1 0.1 12
551k-600k 2 1 0.1 12
601k-650k 1 0
651k-700k 1 0
701k-750k 1 0
801k-850k 1 0
851k-900k 2 0
951k-1m 2 0
1m-1.1m 2 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.3m-1.4m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
3.5m-4m 1 0
4.5m-5m 1 0
12.01m-13m 1 0