Supply & Demand in Parrish, 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
176k-200k 1 0.2 0
226k-250k 7 1 1.2 0
251k-275k 1 15 3 2.5 0.4
276k-300k 11 18 2 0.3 3.7
301k-325k 14 43 6 0.5 2
326k-350k 48 129 19 0.4 2.2
351k-375k 43 122 17 0.5 2.1
376k-400k 106 142 24 0.2 4.5
401k-425k 72 100 14 0.2 4.3
426k-450k 79 60 10 0.1 7.9
451k-475k 40 35 8 0.1 6.9
476k-500k 39 40 3 0.2 5.9
501k-550k 78 56 10 0.1 8.4
551k-600k 55 46 6 0.1 7.2
601k-650k 27 27 7 0.2 6
651k-700k 34 20 4 0.1 10.2
701k-750k 14 12 0.1 7
751k-800k 8 12 4 0.3 4
801k-850k 10 12 2 0.2 5
851k-900k 9 6 3 0.1 9
901k-950k 6 10 2 0.3 3.6
951k-1m 6 6 1 0.2 6
1m-1.1m 2 4 0.3 3
1.1m-1.2m 2 0.3 0
1.2m-1.3m 2 0
1.3m-1.4m 4 2 0.1 12
1.4m-1.5m 1 2 0.3 3
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 2 0
2.25m-2.5m 1 1 0.2 6

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
226k-250k 6 1 1 0
251k-275k 4 22 6 0.9 1.1
276k-300k 1 15 8 2.5 0.4
301k-325k 7 11 4 0.3 3.8
326k-350k 5 11 6 0.4 2.7
351k-375k 15 4 2 0 22.5
376k-400k 3 2 1 0.1 9
401k-425k 1 2 0.3 3
426k-450k 2 0.3 0
476k-500k 1 0.2 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
76k-100k 1 0
151k-175k 1 0
176k-200k 2 0
201k-225k 4 1 0.7 0
226k-250k 2 2 0.2 6
251k-275k 2 0
301k-325k 2 0
376k-400k 2 0
401k-425k 1 0.2 0
451k-475k 1 0
501k-550k 4 0
551k-600k 1 1 0.2 6
601k-650k 1 1 0.2 6
751k-800k 2 0
901k-950k 1 0
951k-1m 1 0
1.4m-1.5m 2 0
1.9m-2m 2 0
3.5m-4m 1 0
4.5m-5m 1 0