Absorption Report

Alachua County

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
26k-50k 2 1 0.3 0
51k-75k 2 5 2 0.4 2.4
76k-100k 2 5 0.4 2.4
101k-125k 4 12 2 0.5 2
126k-150k 12 10 2 0.1 7.2
151k-175k 6 15 4 0.4 2.4
176k-200k 11 34 5 0.5 1.9
201k-225k 26 52 5 0.3 3
226k-250k 36 66 15 0.3 3.3
251k-275k 31 61 7 0.3 3
276k-300k 52 86 17 0.3 3.6
301k-325k 35 113 23 0.5 1.9
326k-350k 49 87 16 0.3 3.4
351k-375k 40 84 14 0.4 2.9
376k-400k 52 79 8 0.3 3.9
401k-425k 27 63 6 0.4 2.6
426k-450k 46 44 12 0.2 6.3
451k-475k 34 40 9 0.2 5.1
476k-500k 24 22 3 0.2 6.5
501k-550k 44 54 11 0.2 4.9
551k-600k 30 29 2 0.2 6.2
601k-650k 14 35 4 0.4 2.4
651k-700k 20 17 4 0.1 7.1
701k-750k 12 18 2 0.3 4
751k-800k 14 20 2 0.2 4.2
801k-850k 6 13 4 0.4 2.8
851k-900k 4 10 3 0.4 2.4
901k-950k 5 7 2 0.2 4.3
951k-1m 8 6 2 0.1 8
1m-1.1m 6 9 3 0.3 4
1.1m-1.2m 6 3 2 0.1 12
1.2m-1.3m 7 4 2 0.1 10.5
1.3m-1.4m 3 4 1 0.2 4.5
1.4m-1.5m 4 1 0 24
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 3 2 1 0.1 9
1.7m-1.8m 1 0
1.8m-1.9m 2 2 0.2 6
1.9m-2m 2 0.3 0
2m-2.25m 4 4 2 0.2 6
2.25m-2.5m 1 2 0.3 3
2.75m-3m 2 0
3m-3.5m 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
76k-100k 1 0
101k-125k 1 2 0.3 3
126k-150k 3 5 0.3 3.6
151k-175k 6 16 2 0.4 2.3
176k-200k 12 9 1 0.1 8
201k-225k 5 16 2 0.5 1.9
226k-250k 6 5 1 0.1 7.2
251k-275k 4 8 1 0.3 3
276k-300k 2 0
301k-325k 3 1 0.1 18
351k-375k 1 1 0.2 0
401k-425k 1 0.2 0
451k-475k 1 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
26k-50k 1 0.2 0
51k-75k 2 2 1 0.2 6
76k-100k 15 11 2 0.1 8.2
101k-125k 12 17 1 0.2 4.2
126k-150k 18 21 1 0.2 5.1
151k-175k 23 27 6 0.2 5.1
176k-200k 35 21 4 0.1 10
201k-225k 9 17 2 0.3 3.2
226k-250k 17 18 2 0.2 5.7
251k-275k 9 12 0.2 4.5
276k-300k 5 5 1 0.2 6
301k-325k 6 2 1 0.1 18
326k-350k 2 3 1 0.3 4
351k-375k 3 1 0.1 18
376k-400k 1 1 0.2 6
401k-425k 1 1 0.2 6
426k-450k 1 0
451k-475k 2 0
476k-500k 1 0.2 0
501k-550k 1 0
551k-600k 2 0
601k-650k 1 0
651k-700k 1 0
701k-750k 3 0
751k-800k 1 0
801k-850k 1 0
851k-900k 1 0
901k-950k 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 5 6 0.2 5
26k-50k 16 11 3 0.1 8.7
51k-75k 19 9 3 0.1 12.7
76k-100k 21 10 1 0.1 12.6
101k-125k 8 8 0.2 6
126k-150k 16 7 0.1 13.7
151k-175k 8 5 1 0.1 9.6
176k-200k 11 5 0.1 13.2
201k-225k 5 2 0.1 15
226k-250k 20 5 1 0 24
251k-275k 16 8 0.1 12
276k-300k 31 7 1 0 26.6
301k-325k 7 3 0.1 14
326k-350k 5 1 0 30
351k-375k 5 3 0.1 10
376k-400k 3 1 0.1 18
401k-425k 1 2 1 0.3 3
426k-450k 3 2 0.1 9
451k-475k 3 0
476k-500k 3 2 1 0.1 9
501k-550k 3 0
551k-600k 3 0
601k-650k 1 0.2 0
651k-700k 1 0
701k-750k 2 0
751k-800k 2 1 0.1 12
801k-850k 1 0
851k-900k 1 1 0.2 6
951k-1m 7 1 0 42
1.1m-1.2m 1 0.2 0
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 1 1 0.2 0
1.8m-1.9m 3 1 0.1 18
1.9m-2m 1 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 4 1 0 24
3m-3.5m 1 0
3.5m-4m 2 0
4m-4.5m 2 0
4.5m-5m 1 0.2 0
6.01m-7m 1 0
7.01m-8m 1 0
8.01m-9m 1 0
25.01m-26m 1 0