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 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 0.2 0
51k-75k 3 1 0.5 0
76k-100k 11 2 1.8 0
101k-125k 6 22 3 0.6 1.6
126k-150k 30 69 8 0.4 2.6
151k-175k 64 107 19 0.3 3.6
176k-200k 118 138 24 0.2 5.1
201k-225k 146 227 46 0.3 3.9
226k-250k 231 300 55 0.2 4.6
251k-275k 320 313 60 0.2 6.1
276k-300k 408 401 71 0.2 6.1
301k-325k 440 372 85 0.1 7.1
326k-350k 249 219 45 0.1 6.8
351k-375k 138 126 22 0.2 6.6
376k-400k 143 101 22 0.1 8.5
401k-425k 84 64 14 0.1 7.9
426k-450k 62 41 6 0.1 9.1
451k-475k 32 42 6 0.2 4.6
476k-500k 46 31 6 0.1 8.9
501k-550k 58 37 7 0.1 9.4
551k-600k 45 36 5 0.1 7.5
601k-650k 27 16 1 0.1 10.1
651k-700k 21 17 1 0.1 7.4
701k-750k 19 11 4 0.1 10.4
751k-800k 18 2 0 54
801k-850k 12 12 4 0.2 6
851k-900k 10 6 1 0.1 10
901k-950k 4 2 0.1 12
951k-1m 11 6 0.1 11
1m-1.1m 5 3 1 0.1 10
1.1m-1.2m 14 9 4 0.1 9.3
1.2m-1.3m 14 3 1 0 28
1.3m-1.4m 5 7 0.2 4.3
1.4m-1.5m 15 0
1.5m-1.6m 5 1 1 0 30
1.6m-1.7m 4 1 0 24
1.7m-1.8m 5 1 1 0 30
1.8m-1.9m 4 0
1.9m-2m 6 2 0.1 18
2m-2.25m 4 2 0.1 12
2.25m-2.5m 7 3 0.1 14
2.5m-2.75m 6 1 0 36
2.75m-3m 9 1 0 54
3m-3.5m 5 0
3.5m-4m 8 2 0 24
4m-4.5m 3 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 4 0
8.01m-9m 3 0
9.01m-10m 2 0
11.01m-12m 1 1 0.2 0
15.01m-16m 1 0
18.01m-19m 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
101k-125k 1 0.2 0
126k-150k 1 3 1 0.5 2
151k-175k 3 1 0.1 18
176k-200k 4 1 0 24
201k-225k 7 13 0.3 3.2
226k-250k 23 31 2 0.2 4.5
251k-275k 2 6 0.5 2
276k-300k 1 4 0.7 1.5
326k-350k 1 1 0.2 6
376k-400k 1 0
476k-500k 1 0
751k-800k 4 0
801k-850k 1 0.2 0
1.6m-1.7m 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
76k-100k 2 3 2 0.3 4
101k-125k 15 22 2 0.2 4.1
126k-150k 39 14 3 0.1 16.7
151k-175k 9 5 1 0.1 10.8
176k-200k 5 3 0.1 10
201k-225k 10 0
226k-250k 1 2 1 0.3 3
251k-275k 2 0
276k-300k 1 0
301k-325k 1 1 0.2 0
426k-450k 1 0
451k-475k 1 0
476k-500k 3 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 90 112 18 0.2 4.8
26k-50k 357 323 56 0.2 6.6
51k-75k 179 100 17 0.1 10.7
76k-100k 40 12 5 0.1 20
101k-125k 14 13 3 0.2 6.5
126k-150k 8 7 0.1 6.9
151k-175k 6 5 0.1 7.2
176k-200k 10 5 1 0.1 12
201k-225k 2 3 0.3 4
226k-250k 13 4 2 0.1 19.5
251k-275k 3 0
276k-300k 17 3 0 34
301k-325k 5 4 0.1 7.5
326k-350k 12 2 0 36
376k-400k 4 2 0.1 12
401k-425k 3 0
426k-450k 10 2 0 30
451k-475k 4 1 0 24
476k-500k 11 2 0 33
501k-550k 1 2 0.3 3
551k-600k 6 2 0.1 18
601k-650k 5 2 1 0.1 15
651k-700k 5 1 0 30
701k-750k 3 1 1 0.1 18
751k-800k 4 0
801k-850k 3 0
851k-900k 3 3 0.2 6
951k-1m 6 4 0.1 9
1m-1.1m 4 1 0 24
1.1m-1.2m 7 2 0 21
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 6 2 0.1 18
1.4m-1.5m 4 0
1.6m-1.7m 5 0
1.7m-1.8m 2 0
1.8m-1.9m 3 0
1.9m-2m 1 1 0.2 0
2m-2.25m 2 0
2.25m-2.5m 6 0
2.5m-2.75m 2 1 0.1 12
2.75m-3m 2 0
3m-3.5m 3 0
4m-4.5m 2 0
5.01m-6m 2 0
6.01m-7m 1 0.2 0
8.01m-9m 1 0
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
17.01m-18m 1 0