Supply & Demand in Gainesville, 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 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
26k-50k 2 0.3 0
76k-100k 1 4 2 0.7 1.5
101k-125k 1 8 1 1.3 0.8
126k-150k 3 12 0.7 1.5
151k-175k 4 22 6 0.9 1.1
176k-200k 10 20 1 0.3 3
201k-225k 6 35 7 1 1
226k-250k 19 50 9 0.4 2.3
251k-275k 31 46 12 0.2 4
276k-300k 20 54 18 0.5 2.2
301k-325k 11 49 11 0.7 1.3
326k-350k 17 48 13 0.5 2.1
351k-375k 13 42 9 0.5 1.9
376k-400k 34 59 16 0.3 3.5
401k-425k 23 55 12 0.4 2.5
426k-450k 34 38 12 0.2 5.4
451k-475k 10 22 4 0.4 2.7
476k-500k 22 20 6 0.2 6.6
501k-550k 18 46 9 0.4 2.3
551k-600k 12 23 7 0.3 3.1
601k-650k 12 18 3 0.3 4
651k-700k 10 12 4 0.2 5
701k-750k 5 9 0.3 3.3
751k-800k 6 8 4 0.2 4.5
801k-850k 3 8 2 0.4 2.3
851k-900k 11 10 2 0.2 6.6
901k-950k 3 3 0.2 6
951k-1m 5 1 0 30
1m-1.1m 4 5 2 0.2 4.8
1.1m-1.2m 7 3 0.1 14
1.2m-1.3m 7 6 1 0.1 7
1.3m-1.4m 1 3 1 0.5 2
1.4m-1.5m 1 0.2 0
1.5m-1.6m 2 0
1.6m-1.7m 1 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 1 0.2 0
1.9m-2m 1 0
2m-2.25m 1 1 0.2 6
2.5m-2.75m 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
76k-100k 2 1 0.1 12
101k-125k 1 2 0.3 3
126k-150k 1 7 2 1.2 0.9
151k-175k 7 11 2 0.3 3.8
176k-200k 7 17 6 0.4 2.5
201k-225k 6 7 4 0.2 5.1
226k-250k 5 10 0.3 3
251k-275k 8 3 0.1 16
276k-300k 1 1 0.2 6
301k-325k 3 1 0.5 0
326k-350k 1 1 0.2 6
376k-400k 2 1 0.3 0
426k-450k 1 0
476k-500k 1 0
501k-550k 3 0.5 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
51k-75k 3 0.5 0
76k-100k 15 10 2 0.1 9
101k-125k 18 16 3 0.1 6.8
126k-150k 10 20 4 0.3 3
151k-175k 25 20 5 0.1 7.5
176k-200k 26 37 6 0.2 4.2
201k-225k 24 14 5 0.1 10.3
226k-250k 17 14 4 0.1 7.3
251k-275k 10 7 2 0.1 8.6
276k-300k 2 7 1 0.6 1.7
301k-325k 5 5 0.2 6
326k-350k 1 6 3 1 1
351k-375k 2 6 1 0.5 2
376k-400k 5 0
401k-425k 2 1 0.1 12
451k-475k 1 1 0.2 0
476k-500k 1 0
501k-550k 1 0
551k-600k 2 0
601k-650k 3 0
651k-700k 1 0
701k-750k 4 1 1 0 24

Land 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
1k-25k 3 3 1 0.2 6
26k-50k 5 7 2 0.2 4.3
51k-75k 6 3 1 0.1 12
76k-100k 7 7 3 0.2 6
101k-125k 6 2 0.1 18
126k-150k 4 1 1 0 24
151k-175k 4 5 2 0.2 4.8
176k-200k 7 0
201k-225k 1 3 0.5 2
226k-250k 8 3 0.1 16
251k-275k 4 2 0.1 12
276k-300k 3 1 0.1 18
301k-325k 2 0
351k-375k 2 0
376k-400k 3 0
451k-475k 1 0
476k-500k 1 0
501k-550k 3 0
551k-600k 1 2 0.3 3
601k-650k 1 1 0.2 6
701k-750k 1 0
751k-800k 2 0
801k-850k 1 0
851k-900k 2 0
951k-1m 2 0
1m-1.1m 2 0
1.2m-1.3m 1 2 2 0.3 3
1.4m-1.5m 3 0
1.6m-1.7m 1 0
1.9m-2m 2 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 1 0.2 6
2.75m-3m 2 0
3m-3.5m 3 1 0.1 18
3.5m-4m 1 0
4m-4.5m 1 0
6.01m-7m 2 0