Supply & Demand in Dunnellon, 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
126k-150k 2 4 1 0.3 3
151k-175k 11 1 1.8 0
176k-200k 5 12 0.4 2.5
201k-225k 35 42 9 0.2 5
226k-250k 58 89 22 0.3 3.9
251k-275k 38 41 9 0.2 5.6
276k-300k 48 48 12 0.2 6
301k-325k 14 24 4 0.3 3.5
326k-350k 23 28 3 0.2 4.9
351k-375k 30 31 6 0.2 5.8
376k-400k 23 22 5 0.2 6.3
401k-425k 18 14 2 0.1 7.7
426k-450k 9 7 2 0.1 7.7
451k-475k 9 7 1 0.1 7.7
476k-500k 8 6 1 0.1 8
501k-550k 11 2 0 33
551k-600k 8 6 0.1 8
601k-650k 5 4 2 0.1 7.5
651k-700k 4 1 1 0 24
701k-750k 1 2 0.3 3
751k-800k 6 3 2 0.1 12
801k-850k 3 2 1 0.1 9
851k-900k 5 0
901k-950k 3 1 0.1 18
951k-1m 3 0
1m-1.1m 4 1 0 24
1.1m-1.2m 2 2 0.2 6
1.2m-1.3m 1 0
1.3m-1.4m 3 0
1.4m-1.5m 1 0
1.6m-1.7m 2 0
1.8m-1.9m 1 1 0.2 0
1.9m-2m 1 0
2m-2.25m 1 0
2.75m-3m 2 0

Townhouses NAN% 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
251k-275k 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
126k-150k 2 0
151k-175k 1 1 0.2 0
176k-200k 2 0
226k-250k 2 1 0.3 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 176 243 47 0.2 4.3
26k-50k 243 91 17 0.1 16
51k-75k 59 47 9 0.1 7.5
76k-100k 36 6 2 0 36
101k-125k 3 2 0.1 9
126k-150k 7 6 3 0.1 7
151k-175k 4 2 1 0.1 12
176k-200k 2 1 1 0.1 12
201k-225k 2 0
226k-250k 4 2 0.1 12
251k-275k 2 1 0.1 12
276k-300k 3 0
301k-325k 1 0
351k-375k 2 0
376k-400k 1 0
476k-500k 1 0
501k-550k 2 0
651k-700k 1 0
751k-800k 1 0
851k-900k 1 0
901k-950k 3 0
1.1m-1.2m 1 0
1.4m-1.5m 1 0
2m-2.25m 2 0
2.5m-2.75m 1 0
4.5m-5m 1 0
5.01m-6m 1 0
6.01m-7m 1 0
19.01m-20m 1 0