Supply & Demand in Englewood, 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
76k-100k 2 0.3 0
101k-125k 1 1 0.2 6
126k-150k 4 1 0.7 0
151k-175k 3 9 2 0.5 2
176k-200k 8 8 2 0.2 6
201k-225k 7 10 0.2 4.2
226k-250k 25 19 9 0.1 7.9
251k-275k 28 23 6 0.1 7.3
276k-300k 41 31 10 0.1 7.9
301k-325k 32 23 7 0.1 8.3
326k-350k 44 35 7 0.1 7.5
351k-375k 36 29 5 0.1 7.4
376k-400k 39 25 6 0.1 9.4
401k-425k 20 11 1 0.1 10.9
426k-450k 43 15 7 0.1 17.2
451k-475k 19 15 3 0.1 7.6
476k-500k 39 15 2 0.1 15.6
501k-550k 37 15 4 0.1 14.8
551k-600k 23 11 2 0.1 12.5
601k-650k 20 17 4 0.1 7.1
651k-700k 27 19 0.1 8.5
701k-750k 14 7 1 0.1 12
751k-800k 24 8 4 0.1 18
801k-850k 13 5 1 0.1 15.6
851k-900k 14 6 0.1 14
901k-950k 7 4 0.1 10.5
951k-1m 6 1 0 36
1m-1.1m 4 2 0.1 12
1.1m-1.2m 6 3 2 0.1 12
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 8 2 0 24
1.4m-1.5m 11 1 0 66
1.5m-1.6m 3 1 1 0.1 18
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 3 0
1.8m-1.9m 3 0
1.9m-2m 2 0
2m-2.25m 6 0
2.25m-2.5m 6 0
2.5m-2.75m 3 1 0.1 18
2.75m-3m 2 1 0.1 12
3m-3.5m 2 0
3.5m-4m 4 1 1 0 24
4m-4.5m 2 0
7.01m-8m 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
376k-400k 2 0
501k-550k 1 0
551k-600k 2 0
951k-1m 1 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
76k-100k 5 1 0 30
101k-125k 3 5 2 0.3 3.6
126k-150k 5 1 0 30
151k-175k 15 3 1 0 30
176k-200k 20 4 3 0 30
201k-225k 19 3 2 0 38
226k-250k 18 7 3 0.1 15.4
251k-275k 16 3 1 0 32
276k-300k 11 2 0 33
301k-325k 3 1 0.1 18
326k-350k 4 2 1 0.1 12
351k-375k 5 1 0 30
376k-400k 4 0
401k-425k 1 0
426k-450k 3 2 0.1 9
476k-500k 6 2 2 0.1 18
501k-550k 7 1 0 42
551k-600k 15 0
601k-650k 9 2 1 0 27
651k-700k 4 1 0 24
701k-750k 4 1 1 0 24
751k-800k 4 2 0.1 12
801k-850k 1 0.2 0
851k-900k 1 1 1 0.2 6
901k-950k 2 0
1.2m-1.3m 1 2 2 0.3 3
1.3m-1.4m 1 0
1.5m-1.6m 1 1 0.2 0
1.7m-1.8m 1 0

Land 1% 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
-24,000-0 1 0
1k-25k 45 34 11 0.1 7.9
26k-50k 122 25 5 0 29.3
51k-75k 46 11 3 0 25.1
76k-100k 23 5 1 0 27.6
101k-125k 11 3 0 22
126k-150k 8 1 0 48
151k-175k 3 1 1 0.1 18
176k-200k 5 1 1 0 30
201k-225k 2 0
226k-250k 7 0
251k-275k 2 3 0.3 4
276k-300k 5 0
301k-325k 2 0
326k-350k 2 0
351k-375k 1 0
376k-400k 5 1 0 30
401k-425k 3 2 0.1 9
426k-450k 2 0
476k-500k 1 0.2 0
501k-550k 1 0
551k-600k 5 1 0 30
601k-650k 2 2 1 0.2 6
751k-800k 4 0
801k-850k 4 0
851k-900k 3 0
901k-950k 1 0
951k-1m 3 0
1m-1.1m 6 0
1.1m-1.2m 3 0
1.2m-1.3m 2 0
1.3m-1.4m 1 1 0.2 0
1.4m-1.5m 1 0
1.5m-1.6m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 3 0
2.5m-2.75m 3 0
2.75m-3m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 2 0
6.01m-7m 1 0.2 0
7.01m-8m 1 0