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 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
101k-125k 1 0.2 0
126k-150k 2 1 0.3 0
151k-175k 1 2 0.3 3
176k-200k 2 8 4 0.7 1.5
201k-225k 23 16 4 0.1 8.6
226k-250k 2 25 6 2.1 0.5
251k-275k 28 46 8 0.3 3.7
276k-300k 50 53 12 0.2 5.7
301k-325k 55 89 19 0.3 3.7
326k-350k 72 170 28 0.4 2.5
351k-375k 87 143 27 0.3 3.7
376k-400k 116 222 48 0.3 3.1
401k-425k 79 152 25 0.3 3.1
426k-450k 104 124 23 0.2 5
451k-475k 77 110 16 0.2 4.2
476k-500k 87 91 18 0.2 5.7
501k-550k 112 101 17 0.2 6.7
551k-600k 97 68 16 0.1 8.6
601k-650k 63 42 9 0.1 9
651k-700k 65 41 11 0.1 9.5
701k-750k 75 31 9 0.1 14.5
751k-800k 41 10 2 0 24.6
801k-850k 42 3 0 84
851k-900k 29 13 3 0.1 13.4
901k-950k 30 4 1 0 45
951k-1m 22 6 2 0 22
1m-1.1m 13 4 1 0.1 19.5
1.1m-1.2m 11 2 0 33
1.2m-1.3m 8 2 0 24
1.3m-1.4m 2 2 1 0.2 6
1.4m-1.5m 5 2 0.1 15
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.8m-1.9m 3 0
1.9m-2m 1 1 0.2 6
2m-2.25m 2 2 2 0.2 6
2.25m-2.5m 4 1 0 24
2.5m-2.75m 1 0
2.75m-3m 2 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
176k-200k 2 3 0.3 4
201k-225k 5 7 0.2 4.3
226k-250k 4 17 2 0.7 1.4
251k-275k 18 37 6 0.3 2.9
276k-300k 43 69 12 0.3 3.7
301k-325k 51 47 10 0.2 6.5
326k-350k 100 104 20 0.2 5.8
351k-375k 58 107 20 0.3 3.3
376k-400k 52 73 10 0.2 4.3
401k-425k 22 18 2 0.1 7.3
426k-450k 24 12 2 0.1 12
451k-475k 33 8 3 0 24.8
476k-500k 38 10 1 0 22.8
501k-550k 80 22 7 0 21.8
551k-600k 48 18 5 0.1 16
601k-650k 9 5 0.1 10.8
651k-700k 4 1 0 24
701k-750k 1 1 0.2 6
751k-800k 1 0
801k-850k 1 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
101k-125k 2 0.3 0
126k-150k 1 1 0.2 0
151k-175k 9 20 2 0.4 2.7
176k-200k 8 19 2 0.4 2.5
201k-225k 10 21 5 0.4 2.9
226k-250k 46 39 11 0.1 7.1
251k-275k 46 30 6 0.1 9.2
276k-300k 38 15 3 0.1 15.2
301k-325k 16 9 1 0.1 10.7
326k-350k 18 5 0 21.6
351k-375k 15 6 3 0.1 15
376k-400k 9 0
401k-425k 4 2 0.1 12
426k-450k 12 5 0.1 14.4
451k-475k 2 0
476k-500k 3 0.5 0
501k-550k 3 0
551k-600k 4 0
601k-650k 1 0
751k-800k 2 0
851k-900k 1 0

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 1 0.2 0
26k-50k 26 12 3 0.1 13
51k-75k 30 37 9 0.2 4.9
76k-100k 11 5 0.1 13.2
101k-125k 5 0
126k-150k 4 3 0.1 8
151k-175k 3 1 0.1 18
176k-200k 9 2 1 0 27
201k-225k 1 0.2 0
226k-250k 5 4 0.1 7.5
251k-275k 4 0
276k-300k 4 0
326k-350k 2 0
351k-375k 1 0.2 0
376k-400k 3 2 1 0.1 9
401k-425k 1 0
426k-450k 2 0
451k-475k 1 0
476k-500k 3 1 1 0.1 18
501k-550k 4 0
551k-600k 4 0
651k-700k 1 2 0.3 3
801k-850k 1 0
851k-900k 2 0
901k-950k 1 0
951k-1m 2 0
1m-1.1m 2 0.3 0
1.2m-1.3m 2 0
1.4m-1.5m 3 0
1.9m-2m 1 1 0.2 6
2m-2.25m 1 0
2.25m-2.5m 2 1 0.1 12
2.75m-3m 1 0.2 0
3m-3.5m 1 0
4.5m-5m 2 0
6.01m-7m 1 0
7.01m-8m 2 0
13.01m-14m 1 0