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 3 1.7 0.6
101k-125k 2 9 4 0.8 1.3
126k-150k 7 18 3 0.4 2.3
151k-175k 8 31 8 0.6 1.5
176k-200k 33 46 8 0.2 4.3
201k-225k 41 88 15 0.4 2.8
226k-250k 96 140 27 0.2 4.1
251k-275k 107 160 28 0.2 4
276k-300k 183 266 45 0.2 4.1
301k-325k 169 261 37 0.3 3.9
326k-350k 227 331 66 0.2 4.1
351k-375k 194 290 65 0.2 4
376k-400k 204 245 32 0.2 5
401k-425k 105 154 22 0.2 4.1
426k-450k 131 137 23 0.2 5.7
451k-475k 83 68 8 0.1 7.3
476k-500k 89 82 19 0.2 6.5
501k-550k 114 123 25 0.2 5.6
551k-600k 90 89 9 0.2 6.1
601k-650k 62 69 17 0.2 5.4
651k-700k 65 46 9 0.1 8.5
701k-750k 40 25 6 0.1 9.6
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 13 13 1 0.2 6
1.1m-1.2m 15 10 2 0.1 9
1.2m-1.3m 17 8 4 0.1 12.8
1.3m-1.4m 12 6 0.1 12
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 9 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 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