Supply & Demand in Kissimmee, 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
101k-125k 1 1 0.2 0
126k-150k 1 2 1 0.3 3
151k-175k 4 4 0.2 6
176k-200k 14 15 1 0.2 5.6
201k-225k 18 28 8 0.3 3.9
226k-250k 31 37 5 0.2 5
251k-275k 48 74 13 0.3 3.9
276k-300k 119 92 21 0.1 7.8
301k-325k 106 129 29 0.2 4.9
326k-350k 160 172 31 0.2 5.6
351k-375k 117 159 21 0.2 4.4
376k-400k 146 215 26 0.2 4.1
401k-425k 105 126 24 0.2 5
426k-450k 128 118 14 0.2 6.5
451k-475k 118 85 10 0.1 8.3
476k-500k 109 97 9 0.1 6.7
501k-550k 155 108 27 0.1 8.6
551k-600k 114 58 9 0.1 11.8
601k-650k 86 43 10 0.1 12
651k-700k 100 48 10 0.1 12.5
701k-750k 89 18 4 0 29.7
751k-800k 39 13 3 0.1 18
801k-850k 35 8 2 0 26.3
851k-900k 27 6 1 0 27
901k-950k 21 8 2 0.1 15.8
951k-1m 24 3 0 48
1m-1.1m 17 3 0 34
1.1m-1.2m 14 2 0 42
1.2m-1.3m 8 2 0 24
1.3m-1.4m 4 4 2 0.2 6
1.4m-1.5m 6 2 0.1 18
1.5m-1.6m 2 3 0.3 4
1.6m-1.7m 2 2 0.2 6
1.7m-1.8m 4 1 1 0 24
1.8m-1.9m 2 0
1.9m-2m 3 1 0.1 18
2m-2.25m 3 0
2.25m-2.5m 3 2 1 0.1 9
2.5m-2.75m 1 0
2.75m-3m 2 0
3m-3.5m 2 1 0.1 12
3.5m-4m 1 0
4.5m-5m 1 0.2 0
5.01m-6m 2 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
101k-125k 1 0.2 0
126k-150k 1 3 0.5 2
176k-200k 2 4 0.3 3
201k-225k 9 7 3 0.1 7.7
226k-250k 24 28 12 0.2 5.1
251k-275k 47 35 4 0.1 8.1
276k-300k 61 69 7 0.2 5.3
301k-325k 75 61 13 0.1 7.4
326k-350k 90 82 8 0.2 6.6
351k-375k 79 82 11 0.2 5.8
376k-400k 55 52 11 0.2 6.3
401k-425k 32 13 0.1 14.8
426k-450k 24 11 2 0.1 13.1
451k-475k 40 12 4 0.1 20
476k-500k 64 12 4 0 32
501k-550k 62 22 4 0.1 16.9
551k-600k 37 5 1 0 44.4
601k-650k 18 1 0 108
651k-700k 3 0
701k-750k 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
51k-75k 1 0
76k-100k 2 0
101k-125k 1 7 1 1.2 0.9
126k-150k 11 17 5 0.3 3.9
151k-175k 26 25 1 0.2 6.2
176k-200k 24 21 4 0.1 6.9
201k-225k 53 19 6 0.1 16.7
226k-250k 84 30 9 0.1 16.8
251k-275k 53 22 3 0.1 14.5
276k-300k 27 11 1 0.1 14.7
301k-325k 16 16 5 0.2 6
326k-350k 33 8 0 24.8
351k-375k 17 1 0 102
376k-400k 19 0
401k-425k 4 0
426k-450k 3 0
451k-475k 4 1 0 24
476k-500k 3 1 0.1 18
501k-550k 4 2 0.1 12
551k-600k 1 0
601k-650k 3 0
651k-700k 1 0
701k-750k 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 8 7 2 0.1 6.9
26k-50k 90 15 4 0 36
51k-75k 71 22 5 0.1 19.4
76k-100k 13 4 0.1 19.5
101k-125k 4 4 0.2 6
126k-150k 12 5 2 0.1 14.4
151k-175k 5 1 0 30
176k-200k 9 0
201k-225k 1 0
226k-250k 3 4 1 0.2 4.5
251k-275k 2 1 0.1 12
276k-300k 5 2 0.1 15
326k-350k 3 0
351k-375k 2 0
376k-400k 3 0
401k-425k 1 0
426k-450k 1 0
451k-475k 1 1 0.2 6
476k-500k 4 0
501k-550k 3 2 1 0.1 9
551k-600k 3 0
601k-650k 1 0
751k-800k 3 0
851k-900k 2 0
901k-950k 1 0
951k-1m 2 0
1m-1.1m 2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.9m-2m 3 0
2.25m-2.5m 2 0
2.5m-2.75m 1 0
2.75m-3m 1 0
3.5m-4m 1 0
4m-4.5m 2 0
4.5m-5m 3 0
5.01m-6m 1 0
6.01m-7m 2 0
7.01m-8m 1 0
10.01m-11m 1 0
13.01m-14m 1 0