Absorption Report

Collier School District, 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 15% 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
226k-250k 1 0
251k-275k 1 0.2 0
276k-300k 2 0
301k-325k 13 1 2.2 0
326k-350k 8 6 1 0.1 8
351k-375k 11 10 3 0.2 6.6
376k-400k 13 20 4 0.3 3.9
401k-425k 9 15 2 0.3 3.6
426k-450k 13 26 3 0.3 3
451k-475k 13 18 3 0.2 4.3
476k-500k 25 27 2 0.2 5.6
501k-550k 51 25 3 0.1 12.2
551k-600k 49 48 4 0.2 6.1
601k-650k 44 40 4 0.2 6.6
651k-700k 57 36 7 0.1 9.5
701k-750k 43 52 8 0.2 5
751k-800k 43 34 10 0.1 7.6
801k-850k 41 29 3 0.1 8.5
851k-900k 28 32 5 0.2 5.3
901k-950k 30 17 1 0.1 10.6
951k-1m 33 20 3 0.1 9.9
1m-1.1m 42 19 4 0.1 13.3
1.1m-1.2m 39 28 7 0.1 8.4
1.2m-1.3m 36 19 2 0.1 11.4
1.3m-1.4m 25 18 2 0.1 8.3
1.4m-1.5m 25 16 3 0.1 9.4
1.5m-1.6m 19 16 4 0.1 7.1
1.6m-1.7m 12 9 2 0.1 8
1.7m-1.8m 14 9 2 0.1 9.3
1.8m-1.9m 16 11 2 0.1 8.7
1.9m-2m 22 11 1 0.1 12
2m-2.25m 23 15 4 0.1 9.2
2.25m-2.5m 28 9 3 0.1 18.7
2.5m-2.75m 17 10 2 0.1 10.2
2.75m-3m 22 8 1 0.1 16.5
3m-3.5m 34 10 6 0 20.4
3.5m-4m 31 10 5 0.1 18.6
4m-4.5m 17 4 2 0 25.5
4.5m-5m 16 2 1 0 48
5.01m-6m 37 9 2 0 24.7
6.01m-7m 27 7 4 0 23.1
7.01m-8m 19 2 0 57
8.01m-9m 8 4 1 0.1 12
9.01m-10m 20 3 2 0 40
10.01m-11m 5 2 0.1 15
11.01m-12m 11 2 0 33
12.01m-13m 4 1 0 24
13.01m-14m 7 0
14.01m-15m 10 0
15.01m-16m 2 0
16.01m-17m 3 1 0.1 18
17.01m-18m 1 0
19.01m-20m 2 0
20.01m-21m 2 0
21.01m-22m 1 0
23.01m-24m 2 0
25.01m-26m 3 0
27.01m-28m 1 0
28.01m-29m 1 0
29.01m-30m 1 0
32.01m-33m 1 0
34.01m-35m 1 0
44.01m-45m 1 0.2 0
49.01m-50m 1 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0