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 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
26k-50k 1 2 0.3 3
51k-75k 7 1 1.2 0
76k-100k 2 0.3 0
101k-125k 3 9 0.5 2
126k-150k 3 11 3 0.6 1.6
151k-175k 5 13 2 0.4 2.3
176k-200k 12 23 3 0.3 3.1
201k-225k 12 30 6 0.4 2.4
226k-250k 27 39 10 0.2 4.2
251k-275k 27 51 15 0.3 3.2
276k-300k 29 63 20 0.4 2.8
301k-325k 19 49 14 0.4 2.3
326k-350k 37 58 10 0.3 3.8
351k-375k 31 56 12 0.3 3.3
376k-400k 47 56 11 0.2 5
401k-425k 33 41 12 0.2 4.8
426k-450k 37 43 7 0.2 5.2
451k-475k 24 29 9 0.2 5
476k-500k 19 19 4 0.2 6
501k-550k 32 49 8 0.3 3.9
551k-600k 20 14 5 0.1 8.6
601k-650k 15 23 6 0.3 3.9
651k-700k 27 18 4 0.1 9
701k-750k 9 12 2 0.2 4.5
751k-800k 12 11 2 0.2 6.5
801k-850k 11 9 1 0.1 7.3
851k-900k 11 5 2 0.1 13.2
901k-950k 7 6 2 0.1 7
951k-1m 5 6 0.2 5
1m-1.1m 3 4 0.2 4.5
1.1m-1.2m 9 9 2 0.2 6
1.2m-1.3m 6 3 0.1 12
1.3m-1.4m 2 3 1 0.3 4
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 1 0
1.6m-1.7m 1 0.2 0
1.7m-1.8m 1 0
2m-2.25m 1 3 0.5 2
2.25m-2.5m 1 0
2.5m-2.75m 1 0
3m-3.5m 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
76k-100k 1 0.2 0
101k-125k 1 0.2 0
126k-150k 3 4 2 0.2 4.5
151k-175k 7 9 2 0.2 4.7
176k-200k 10 11 1 0.2 5.5
201k-225k 8 13 4 0.3 3.7
226k-250k 5 4 0.1 7.5
251k-275k 1 4 0.7 1.5
276k-300k 2 2 0.2 6
326k-350k 1 1 0.2 0
376k-400k 1 0
401k-425k 1 0.2 0
451k-475k 1 0
476k-500k 3 0
701k-750k 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
51k-75k 2 7 2 0.6 1.7
76k-100k 16 6 0.1 16
101k-125k 17 7 2 0.1 14.6
126k-150k 37 16 3 0.1 13.9
151k-175k 45 24 3 0.1 11.3
176k-200k 52 19 4 0.1 16.4
201k-225k 13 13 7 0.2 6
226k-250k 24 12 0.1 12
251k-275k 10 8 3 0.1 7.5
276k-300k 11 6 4 0.1 11
301k-325k 7 10 0.2 4.2
326k-350k 2 6 2 0.5 2
351k-375k 5 2 2 0.1 15
376k-400k 2 0
401k-425k 4 2 0.1 12
426k-450k 3 0
476k-500k 1 2 0.3 3
501k-550k 1 0
551k-600k 2 0
601k-650k 2 0
651k-700k 1 0
701k-750k 3 0
801k-850k 1 0
851k-900k 2 0
901k-950k 1 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 1 4 2 0.7 1.5
26k-50k 7 2 0 21
51k-75k 7 2 0 21
76k-100k 12 1 0 72
101k-125k 4 1 0 24
126k-150k 4 3 1 0.1 8
151k-175k 10 1 0 60
176k-200k 3 1 0.1 18
201k-225k 3 0
226k-250k 6 1 0 36
251k-275k 7 1 0 42
276k-300k 7 1 0 42
301k-325k 1 0
326k-350k 2 1 0.1 12
351k-375k 1 0
376k-400k 5 0
401k-425k 3 0.5 0
426k-450k 1 0
451k-475k 2 1 0.1 12
476k-500k 3 1 0.1 18
651k-700k 1 0
701k-750k 1 0
751k-800k 1 0
901k-950k 1 0
951k-1m 1 0
1.2m-1.3m 3 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.8m-1.9m 2 0
1.9m-2m 1 1 0.2 6
2.5m-2.75m 1 0
2.75m-3m 2 0
3.5m-4m 1 0
4.5m-5m 1 0.2 0
6.01m-7m 1 0.2 0
7.01m-8m 1 0