Supply & Demand in Brooksville, FL

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
51k-75k 1 0.2 0
76k-100k 1 1 0.2 6
101k-125k 1 2 1 0.3 3
126k-150k 10 1.7 0
151k-175k 1 5 1 0.8 1.2
176k-200k 4 10 4 0.4 2.4
201k-225k 6 10 4 0.3 3.6
226k-250k 11 14 1 0.2 4.7
251k-275k 20 21 2 0.2 5.7
276k-300k 28 43 12 0.3 3.9
301k-325k 39 38 5 0.2 6.2
326k-350k 57 42 7 0.1 8.1
351k-375k 15 25 4 0.3 3.6
376k-400k 22 16 7 0.1 8.3
401k-425k 13 16 4 0.2 4.9
426k-450k 9 11 1 0.2 4.9
451k-475k 3 8 3 0.4 2.3
476k-500k 10 5 2 0.1 12
501k-550k 8 14 2 0.3 3.4
551k-600k 9 11 1 0.2 4.9
601k-650k 11 11 4 0.2 6
651k-700k 15 9 1 0.1 10
701k-750k 15 8 1 0.1 11.3
751k-800k 11 9 1 0.1 7.3
801k-850k 6 2 0.1 18
851k-900k 14 2 1 0 42
901k-950k 8 2 0 24
951k-1m 2 0
1m-1.1m 2 0
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 2 0
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 1 0.2 0
1.6m-1.7m 1 0
1.9m-2m 1 0.2 0
2m-2.25m 1 0
2.25m-2.5m 1 0.2 0
4m-4.5m 1 0

Townhouses 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
201k-225k 1 1 0.2 6
226k-250k 1 0.2 0

Condos 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
201k-225k 1 0
251k-275k 1 0.2 0

Land 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
1k-25k 4 17 6 0.7 1.4
26k-50k 48 44 17 0.2 6.5
51k-75k 18 7 0.1 15.4
76k-100k 11 11 4 0.2 6
101k-125k 5 5 0.2 6
126k-150k 12 5 1 0.1 14.4
151k-175k 7 4 1 0.1 10.5
176k-200k 13 5 0.1 15.6
201k-225k 3 2 0.1 9
226k-250k 9 5 1 0.1 10.8
251k-275k 3 4 0.2 4.5
276k-300k 5 4 1 0.1 7.5
301k-325k 1 2 1 0.3 3
326k-350k 4 0
351k-375k 2 1 0.1 12
376k-400k 4 0
401k-425k 2 0
426k-450k 2 0
451k-475k 1 0
476k-500k 2 2 1 0.2 6
551k-600k 2 0
601k-650k 1 0
651k-700k 4 0
701k-750k 3 0
801k-850k 1 0
851k-900k 1 0
901k-950k 1 0
951k-1m 1 0
1.1m-1.2m 2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
1.9m-2m 3 0
2m-2.25m 1 0
2.25m-2.5m 2 0
2.5m-2.75m 1 0
2.75m-3m 2 0
4.5m-5m 1 0
5.01m-6m 1 0
8.01m-9m 2 0