Absorption Report

Volusia County, House

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
-24,000-0 1 1 0.2 0
1k-25k 1 0
51k-75k 2 0.3 0
76k-100k 10 3 1.7 0
101k-125k 2 8 3 0.7 1.5
126k-150k 6 17 2 0.5 2.1
151k-175k 7 30 7 0.7 1.4
176k-200k 30 45 7 0.3 4
201k-225k 42 88 15 0.3 2.9
226k-250k 97 135 22 0.2 4.3
251k-275k 110 159 26 0.2 4.2
276k-300k 178 265 44 0.2 4
301k-325k 171 258 34 0.3 4
326k-350k 232 330 65 0.2 4.2
351k-375k 191 288 63 0.3 4
376k-400k 213 244 31 0.2 5.2
401k-425k 110 152 20 0.2 4.3
426k-450k 130 136 22 0.2 5.7
451k-475k 83 68 8 0.1 7.3
476k-500k 85 82 18 0.2 6.2
501k-550k 119 120 22 0.2 6
551k-600k 93 88 8 0.2 6.3
601k-650k 62 69 17 0.2 5.4
651k-700k 66 45 8 0.1 8.8
701k-750k 36 25 6 0.1 8.6
751k-800k 44 22 2 0.1 12
801k-850k 19 17 3 0.1 6.7
851k-900k 23 11 0.1 12.5
901k-950k 13 12 1 0.2 6.5
951k-1m 22 8 1 0.1 16.5
1m-1.1m 12 13 1 0.2 5.5
1.1m-1.2m 15 10 2 0.1 9
1.2m-1.3m 15 8 4 0.1 11.3
1.3m-1.4m 13 6 0.1 13
1.4m-1.5m 10 3 1 0.1 20
1.5m-1.6m 5 7 2 0.2 4.3
1.6m-1.7m 7 3 1 0.1 14
1.7m-1.8m 7 4 1 0.1 10.5
1.8m-1.9m 8 0
1.9m-2m 8 1 0 48
2m-2.25m 6 2 0.1 18
2.25m-2.5m 11 1 0 66
2.5m-2.75m 3 2 0.1 9
2.75m-3m 3 0
3m-3.5m 4 1 0 24
3.5m-4m 6 0
4m-4.5m 5 0
4.5m-5m 2 0
5.01m-6m 3 0
6.01m-7m 3 0
9.01m-10m 1 0
12.01m-13m 2 0