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 3 5 1 0.3 3.6
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 44 67 9 0.3 3.9
226k-250k 61 87 8 0.2 4.2
251k-275k 77 82 12 0.2 5.6
276k-300k 122 126 17 0.2 5.8
301k-325k 142 172 34 0.2 5
326k-350k 217 140 22 0.1 9.3
351k-375k 118 85 14 0.1 8.3
376k-400k 162 95 10 0.1 10.2
401k-425k 74 48 9 0.1 9.3
426k-450k 61 29 6 0.1 12.6
451k-475k 45 28 5 0.1 9.6
476k-500k 59 28 4 0.1 12.6
501k-550k 71 23 1 0.1 18.5
551k-600k 58 34 2 0.1 10.2
601k-650k 38 11 1 0 20.7
651k-700k 28 13 2 0.1 12.9
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 19 5 1 0 22.8
1m-1.1m 6 0
1.1m-1.2m 8 6 1 0.1 8
1.2m-1.3m 10 8 1 0.1 7.5
1.3m-1.4m 1 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 6 0.1 8.6
151k-175k 19 13 1 0.1 8.8
176k-200k 17 10 1 0.1 10.2
201k-225k 9 3 0.1 18
226k-250k 6 13 0.4 2.8
251k-275k 6 7 1 0.2 5.1
276k-300k 10 2 0 30
301k-325k 3 1 0.1 18
326k-350k 3 0
351k-375k 2 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 1278 696 96 0.1 11
26k-50k 1152 170 15 0 40.7
51k-75k 238 40 1 0 35.7
76k-100k 154 31 3 0 29.8
101k-125k 98 11 0 53.5
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 2 0
501k-550k 2 0
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