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 1 10 2 1.7 0.6
101k-125k 3 9 4 0.5 2
126k-150k 4 18 3 0.8 1.3
151k-175k 8 32 9 0.7 1.5
176k-200k 33 47 9 0.2 4.2
201k-225k 39 83 15 0.4 2.8
226k-250k 94 137 26 0.2 4.1
251k-275k 110 154 22 0.2 4.3
276k-300k 183 263 41 0.2 4.2
301k-325k 171 258 36 0.3 4
326k-350k 222 324 64 0.2 4.1
351k-375k 197 292 62 0.2 4
376k-400k 209 241 29 0.2 5.2
401k-425k 107 153 23 0.2 4.2
426k-450k 128 136 23 0.2 5.6
451k-475k 83 69 8 0.1 7.2
476k-500k 90 81 19 0.2 6.7
501k-550k 112 123 22 0.2 5.5
551k-600k 91 85 7 0.2 6.4
601k-650k 64 66 15 0.2 5.8
651k-700k 65 45 8 0.1 8.7
701k-750k 41 25 5 0.1 9.8
751k-800k 44 21 2 0.1 12.6
801k-850k 19 17 3 0.1 6.7
851k-900k 23 11 0.1 12.5
901k-950k 13 11 1 0.1 7.1
951k-1m 23 7 1 0.1 19.7
1m-1.1m 13 12 1 0.2 6.5
1.1m-1.2m 15 9 2 0.1 10
1.2m-1.3m 17 8 4 0.1 12.8
1.3m-1.4m 13 6 0.1 13
1.4m-1.5m 10 3 1 0.1 20
1.5m-1.6m 5 6 2 0.2 5
1.6m-1.7m 7 3 1 0.1 14
1.7m-1.8m 7 4 0.1 10.5
1.8m-1.9m 10 0
1.9m-2m 7 1 0 42
2m-2.25m 7 2 0 21
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 5 2 1 0.1 15
3.5m-4m 6 0
4m-4.5m 5 0
4.5m-5m 2 0
5.01m-6m 3 1 1 0.1 18
6.01m-7m 3 0
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0