Absorption Report

Zephyrhills, Abbott Square

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
101k-125k 1 1 1 0.2 6
126k-150k 2 0.3 0
151k-175k 1 7 3 1.2 0.9
176k-200k 3 14 1 0.8 1.3
201k-225k 3 15 0.8 1.2
226k-250k 12 23 3 0.3 3.1
251k-275k 14 35 10 0.4 2.4
276k-300k 33 67 11 0.3 3
301k-325k 37 53 13 0.2 4.2
326k-350k 75 93 24 0.2 4.8
351k-375k 88 90 14 0.2 5.9
376k-400k 120 102 22 0.1 7.1
401k-425k 68 74 17 0.2 5.5
426k-450k 112 90 14 0.1 7.5
451k-475k 59 49 10 0.1 7.2
476k-500k 84 68 16 0.1 7.4
501k-550k 94 132 20 0.2 4.3
551k-600k 94 88 18 0.2 6.4
601k-650k 63 79 18 0.2 4.8
651k-700k 60 78 14 0.2 4.6
701k-750k 54 46 8 0.1 7
751k-800k 56 39 12 0.1 8.6
801k-850k 24 42 8 0.3 3.4
851k-900k 35 50 10 0.2 4.2
901k-950k 20 24 4 0.2 5
951k-1m 31 13 3 0.1 14.3
1m-1.1m 22 25 4 0.2 5.3
1.1m-1.2m 28 23 4 0.1 7.3
1.2m-1.3m 24 25 5 0.2 5.8
1.3m-1.4m 23 15 0.1 9.2
1.4m-1.5m 13 17 5 0.2 4.6
1.5m-1.6m 10 15 4 0.3 4
1.6m-1.7m 17 12 3 0.1 8.5
1.7m-1.8m 18 8 3 0.1 13.5
1.8m-1.9m 9 15 5 0.3 3.6
1.9m-2m 11 10 2 0.2 6.6
2m-2.25m 27 24 2 0.1 6.8
2.25m-2.5m 28 12 4 0.1 14
2.5m-2.75m 13 7 5 0.1 11.1
2.75m-3m 23 7 2 0.1 19.7
3m-3.5m 11 13 2 0.2 5.1
3.5m-4m 20 10 3 0.1 12
4m-4.5m 17 6 0.1 17
4.5m-5m 11 3 0 22
5.01m-6m 11 6 0.1 11
6.01m-7m 12 7 1 0.1 10.3
7.01m-8m 3 2 0.1 9
8.01m-9m 6 1 1 0 36
9.01m-10m 3 3 2 0.2 6
10.01m-11m 3 0
11.01m-12m 5 1 0 30
12.01m-13m 3 0
13.01m-14m 1 0
14.01m-15m 1 2 1 0.3 3
15.01m-16m 1 0
19.01m-20m 1 1 0.2 6
20.01m-21m 2 0
25.01m-26m 1 0