Supply & Demand in Ocala, 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 1 1 1 0.2 6
51k-75k 1 4 1 0.7 1.5
76k-100k 4 10 2 0.4 2.4
101k-125k 3 13 3 0.7 1.4
126k-150k 11 42 9 0.6 1.6
151k-175k 42 76 5 0.3 3.3
176k-200k 72 144 34 0.3 3
201k-225k 100 177 33 0.3 3.4
226k-250k 205 372 68 0.3 3.3
251k-275k 214 368 80 0.3 3.5
276k-300k 277 450 82 0.3 3.7
301k-325k 236 320 65 0.2 4.4
326k-350k 207 217 53 0.2 5.7
351k-375k 108 121 26 0.2 5.4
376k-400k 95 109 31 0.2 5.2
401k-425k 66 52 11 0.1 7.6
426k-450k 58 71 9 0.2 4.9
451k-475k 29 34 5 0.2 5.1
476k-500k 33 27 8 0.1 7.3
501k-550k 42 46 17 0.2 5.5
551k-600k 30 20 5 0.1 9
601k-650k 12 13 3 0.2 5.5
651k-700k 15 14 4 0.2 6.4
701k-750k 5 13 0.4 2.3
751k-800k 4 5 0.2 4.8
801k-850k 8 3 0.1 16
851k-900k 3 7 1 0.4 2.6
901k-950k 4 3 0.1 8
951k-1m 11 2 1 0 33
1m-1.1m 6 3 2 0.1 12
1.1m-1.2m 9 1 0 54
1.2m-1.3m 7 2 1 0 21
1.3m-1.4m 1 4 1 0.7 1.5
1.4m-1.5m 4 4 1 0.2 6
1.5m-1.6m 4 0
1.7m-1.8m 4 1 0 24
1.8m-1.9m 1 0
1.9m-2m 3 0
2.25m-2.5m 4 0
2.5m-2.75m 2 1 0.3 0
2.75m-3m 5 0
3m-3.5m 1 0.2 0
3.5m-4m 1 2 0.3 3
4m-4.5m 1 1 1 0.2 6
4.5m-5m 1 0.2 0
5.01m-6m 1 0
6.01m-7m 1 0.2 0
7.01m-8m 1 0
8.01m-9m 1 0
9.01m-10m 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
101k-125k 1 0.2 0
126k-150k 2 0
151k-175k 1 1 0.2 6
176k-200k 3 3 3 0.2 6
201k-225k 3 5 1 0.3 3.6
226k-250k 9 9 3 0.2 6
251k-275k 30 11 1 0.1 16.4
276k-300k 4 0
301k-325k 1 0
326k-350k 1 0
476k-500k 1 0
801k-850k 4 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
76k-100k 2 7 2 0.6 1.7
101k-125k 12 19 3 0.3 3.8
126k-150k 24 18 6 0.1 8
151k-175k 19 8 1 0.1 14.3
176k-200k 4 2 1 0.1 12
201k-225k 3 3 0.2 6
226k-250k 4 2 0.1 12
251k-275k 1 0
276k-300k 1 1 0.2 6
351k-375k 2 0.3 0
451k-475k 1 0
476k-500k 2 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 116 271 56 0.4 2.6
26k-50k 276 389 81 0.2 4.3
51k-75k 82 57 17 0.1 8.6
76k-100k 108 29 11 0 22.3
101k-125k 35 12 1 0.1 17.5
126k-150k 12 5 0.1 14.4
151k-175k 9 9 4 0.2 6
176k-200k 6 7 3 0.2 5.1
201k-225k 4 1 0 24
226k-250k 8 1 0 48
251k-275k 4 2 1 0.1 12
276k-300k 13 2 0 39
301k-325k 3 1 1 0.1 18
326k-350k 2 1 0.1 12
351k-375k 4 0
376k-400k 2 1 0.1 12
401k-425k 1 1 1 0.2 6
426k-450k 5 2 1 0.1 15
476k-500k 6 1 0 36
501k-550k 6 2 0.1 18
551k-600k 11 0
601k-650k 2 0
651k-700k 3 2 1 0.1 9
701k-750k 3 2 0.1 9
751k-800k 1 0
801k-850k 1 1 1 0.2 6
851k-900k 1 0
901k-950k 3 0
951k-1m 4 0
1m-1.1m 1 0
1.1m-1.2m 8 0
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 5 2 0.1 15
1.4m-1.5m 6 0
1.6m-1.7m 1 0.2 0
1.7m-1.8m 5 0
2m-2.25m 2 1 1 0.1 12
2.25m-2.5m 3 0
2.75m-3m 2 0
3m-3.5m 3 1 0.1 18
3.5m-4m 2 0
4m-4.5m 1 0
4.5m-5m 1 0
5.01m-6m 4 0
6.01m-7m 2 0
7.01m-8m 1 0
8.01m-9m 2 0
9.01m-10m 1 0
12.01m-13m 1 0