Absorption Report

Townhouse, Lake Brantley

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 Since 12/31 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
151k-175k 1 0.2 0
201k-225k 24 2 1 0 72
226k-250k 4 2 0.7 0
251k-275k 7 6 2 0.1 7
276k-300k 7 10 4 0.2 4.2
301k-325k 19 21 5 0.2 5.4
326k-350k 25 68 15 0.5 2.2
351k-375k 31 52 10 0.3 3.6
376k-400k 27 108 17 0.7 1.5
401k-425k 24 82 13 0.6 1.8
426k-450k 37 54 13 0.2 4.1
451k-475k 38 70 8 0.3 3.3
476k-500k 31 55 6 0.3 3.4
501k-550k 43 58 12 0.2 4.4
551k-600k 28 24 6 0.1 7
601k-650k 21 19 4 0.2 6.6
651k-700k 17 14 2 0.1 7.3
701k-750k 22 14 5 0.1 9.4
751k-800k 11 3 0 22
801k-850k 13 0
851k-900k 4 2 1 0.1 12
901k-950k 8 0
951k-1m 9 6 2 0.1 9
1m-1.1m 2 3 1 0.3 4
1.1m-1.2m 5 0
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 1 2 0.3 3
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 1 0
1.7m-1.8m 3 0
1.8m-1.9m 3 0
1.9m-2m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 2 0
2.75m-3m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
201k-225k 1 0.2 0
226k-250k 8 1.3 0
251k-275k 5 21 4 0.7 1.4
276k-300k 9 29 7 0.5 1.9
301k-325k 16 26 4 0.3 3.7
326k-350k 25 70 19 0.5 2.1
351k-375k 27 87 11 0.5 1.9
376k-400k 29 51 9 0.3 3.4
401k-425k 9 17 2 0.3 3.2
426k-450k 5 5 0.2 6
451k-475k 7 3 0.1 14
476k-500k 10 2 0 30
501k-550k 22 3 1 0 44
551k-600k 14 9 2 0.1 9.3
601k-650k 1 4 0.7 1.5
651k-700k 3 1 0.1 18
751k-800k 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
101k-125k 1 1 0.2 0
151k-175k 3 3 1 0.2 6
176k-200k 3 3 1 0.2 6
201k-225k 2 5 1 0.4 2.4
226k-250k 8 4 0.1 12
251k-275k 9 3 0.1 18
276k-300k 6 2 0.1 18
301k-325k 6 4 2 0.1 9
326k-350k 3 0
351k-375k 6 1 1 0 36
376k-400k 4 0
401k-425k 1 2 0.3 3
426k-450k 1 0.2 0
451k-475k 1 0
476k-500k 2 0.3 0
501k-550k 2 0
601k-650k 1 0
751k-800k 2 0