Absorption Report

Wesley Chapel, Zephyrhills, Raymond B. Stewart Middle School

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
1k-25k 1 1 0.2 0
26k-50k 3 1 0.5 0
51k-75k 1 5 0.8 1.2
76k-100k 2 8 0.7 1.5
101k-125k 2 20 6 1.7 0.6
126k-150k 20 47 8 0.4 2.6
151k-175k 44 85 12 0.3 3.1
176k-200k 81 170 21 0.3 2.9
201k-225k 112 236 20 0.4 2.8
226k-250k 225 394 41 0.3 3.4
251k-275k 221 427 51 0.3 3.1
276k-300k 318 531 60 0.3 3.6
301k-325k 278 398 68 0.2 4.2
326k-350k 250 258 29 0.2 5.8
351k-375k 137 168 22 0.2 4.9
376k-400k 125 125 18 0.2 6
401k-425k 69 84 8 0.2 4.9
426k-450k 48 69 8 0.2 4.2
451k-475k 24 46 5 0.3 3.1
476k-500k 27 40 7 0.2 4.1
501k-550k 40 47 2 0.2 5.1
551k-600k 25 34 5 0.2 4.4
601k-650k 23 31 3 0.2 4.5
651k-700k 19 15 1 0.1 7.6
701k-750k 9 7 2 0.1 7.7
751k-800k 9 2 0 27
801k-850k 8 5 2 0.1 9.6
851k-900k 8 7 1 0.1 6.9
901k-950k 5 3 0.1 10
951k-1m 8 7 0.1 6.9
1m-1.1m 9 2 0 27
1.1m-1.2m 11 3 0 22
1.2m-1.3m 3 3 0.2 6
1.3m-1.4m 1 3 0.5 2
1.4m-1.5m 4 1 0 24
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 2 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0
1.9m-2m 2 1 0.1 12
2m-2.25m 1 0.2 0
2.25m-2.5m 5 1 0 30
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 0
3m-3.5m 3 0
4m-4.5m 1 0
5.01m-6m 1 0
9.01m-10m 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
101k-125k 1 0
126k-150k 1 2 0.3 3
151k-175k 2 1 0.3 0
176k-200k 4 8 0.3 3
201k-225k 7 10 1 0.2 4.2
226k-250k 25 35 6 0.2 4.3
251k-275k 13 10 3 0.1 7.8
276k-300k 1 0.2 0
301k-325k 1 0.2 0
326k-350k 1 0
476k-500k 1 0
651k-700k 1 0.2 0
751k-800k 1 1 0.2 6
801k-850k 2 0

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 2 0.3 0
76k-100k 1 4 0.7 1.5
101k-125k 7 17 0.4 2.5
126k-150k 20 26 1 0.2 4.6
151k-175k 9 5 1 0.1 10.8
176k-200k 5 3 0.1 10
201k-225k 2 2 0.2 6
226k-250k 3 2 0.1 9
451k-475k 1 0
476k-500k 3 0
501k-550k 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
1k-25k 91 246 31 0.5 2.2
26k-50k 267 461 57 0.3 3.5
51k-75k 109 81 15 0.1 8.1
76k-100k 51 31 4 0.1 9.9
101k-125k 14 9 2 0.1 9.3
126k-150k 15 6 0.1 15
151k-175k 9 5 0.1 10.8
176k-200k 7 4 0.1 10.5
201k-225k 4 4 0.2 6
226k-250k 10 6 1 0.1 10
251k-275k 2 2 0.2 6
276k-300k 10 1 0 60
301k-325k 5 2 0.1 15
326k-350k 6 2 0.1 18
376k-400k 3 1 0.1 18
401k-425k 1 3 0.5 2
426k-450k 3 1 0.1 18
451k-475k 1 0
476k-500k 11 1 0 66
501k-550k 4 2 0.1 12
551k-600k 10 0
601k-650k 2 1 0.1 12
651k-700k 4 2 0.1 12
701k-750k 6 0
751k-800k 5 0
801k-850k 2 2 0.2 6
851k-900k 1 0.2 0
901k-950k 2 1 0.1 12
951k-1m 7 0
1m-1.1m 4 0
1.1m-1.2m 5 0
1.2m-1.3m 2 2 0.2 6
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 4 2 1 0.1 12
1.6m-1.7m 2 0
1.7m-1.8m 5 0
1.9m-2m 1 2 0.3 3
2m-2.25m 2 1 0.1 12
2.25m-2.5m 3 0
2.75m-3m 3 0
3m-3.5m 2 0
3.5m-4m 2 1 0.1 12
4m-4.5m 1 1 0.2 0
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
31.01m-32m 1 0.2 0