Absorption Report

Seminole 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 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
126k-150k 1 1 1 0.2 6
151k-175k 2 0.3 0
176k-200k 2 4 1 0.3 3
201k-225k 1 2 0.3 3
226k-250k 1 6 1 1 1
251k-275k 3 13 2 0.7 1.4
276k-300k 13 26 4 0.3 3
301k-325k 8 27 1 0.6 1.8
326k-350k 10 40 3 0.7 1.5
351k-375k 14 54 5 0.6 1.6
376k-400k 18 69 11 0.6 1.6
401k-425k 16 63 9 0.7 1.5
426k-450k 35 57 11 0.3 3.7
451k-475k 21 67 9 0.5 1.9
476k-500k 22 53 7 0.4 2.5
501k-550k 26 92 10 0.6 1.7
551k-600k 24 63 10 0.4 2.3
601k-650k 24 47 6 0.3 3.1
651k-700k 19 37 5 0.3 3.1
701k-750k 15 34 0.4 2.6
751k-800k 9 31 5 0.6 1.7
801k-850k 9 26 6 0.5 2.1
851k-900k 12 16 0.2 4.5
901k-950k 3 15 2 0.8 1.2
951k-1m 9 9 3 0.2 6
1m-1.1m 9 15 2 0.3 3.6
1.1m-1.2m 11 9 0.1 7.3
1.2m-1.3m 3 5 0.3 3.6
1.3m-1.4m 3 3 0.2 6
1.4m-1.5m 2 3 0.3 4
1.5m-1.6m 2 0
1.6m-1.7m 1 2 0.3 3
1.7m-1.8m 1 0.2 0
1.9m-2m 1 0
2m-2.25m 2 0.3 0
2.25m-2.5m 1 0
3m-3.5m 2 0
4m-4.5m 1 0