Supply & Demand in Tampa, 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
76k-100k 1 7 1.2 0.9
101k-125k 1 6 1 1 1
126k-150k 4 22 4 0.9 1.1
151k-175k 9 34 7 0.6 1.6
176k-200k 9 40 4 0.7 1.4
201k-225k 10 64 12 1.1 0.9
226k-250k 23 82 12 0.6 1.7
251k-275k 47 88 16 0.3 3.2
276k-300k 64 153 27 0.4 2.5
301k-325k 48 123 31 0.4 2.3
326k-350k 67 158 27 0.4 2.5
351k-375k 66 145 32 0.4 2.7
376k-400k 109 205 45 0.3 3.2
401k-425k 56 150 21 0.4 2.2
426k-450k 98 152 35 0.3 3.9
451k-475k 67 105 25 0.3 3.8
476k-500k 115 134 28 0.2 5.1
501k-550k 132 197 40 0.2 4
551k-600k 146 152 29 0.2 5.8
601k-650k 90 96 28 0.2 5.6
651k-700k 77 101 20 0.2 4.6
701k-750k 47 66 11 0.2 4.3
751k-800k 72 69 13 0.2 6.3
801k-850k 32 63 11 0.3 3
851k-900k 45 42 7 0.2 6.4
901k-950k 26 26 5 0.2 6
951k-1m 32 35 7 0.2 5.5
1m-1.1m 42 37 12 0.1 6.8
1.1m-1.2m 42 31 8 0.1 8.1
1.2m-1.3m 38 32 7 0.1 7.1
1.3m-1.4m 19 28 4 0.2 4.1
1.4m-1.5m 19 16 3 0.1 7.1
1.5m-1.6m 13 14 1 0.2 5.6
1.6m-1.7m 22 7 2 0.1 18.9
1.7m-1.8m 15 8 3 0.1 11.3
1.8m-1.9m 17 11 4 0.1 9.3
1.9m-2m 18 12 2 0.1 9
2m-2.25m 20 15 5 0.1 8
2.25m-2.5m 32 14 2 0.1 13.7
2.5m-2.75m 33 14 3 0.1 14.1
2.75m-3m 18 10 1 0.1 10.8
3m-3.5m 21 10 2 0.1 12.6
3.5m-4m 25 16 2 0.1 9.4
4m-4.5m 10 6 1 0.1 10
4.5m-5m 7 0
5.01m-6m 7 8 4 0.2 5.3
6.01m-7m 3 1 0.1 18
7.01m-8m 5 1 0 30
8.01m-9m 2 1 1 0.1 12
9.01m-10m 2 1 0.1 12
10.01m-11m 1 0
11.01m-12m 2 0
14.01m-15m 2 0
16.01m-17m 1 0
19.01m-20m 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
1k-25k 1 0
101k-125k 1 0.2 0
151k-175k 2 4 1 0.3 3
176k-200k 2 9 1 0.8 1.3
201k-225k 7 16 4 0.4 2.6
226k-250k 30 36 10 0.2 5
251k-275k 23 38 5 0.3 3.6
276k-300k 45 43 8 0.2 6.3
301k-325k 31 66 19 0.4 2.8
326k-350k 32 41 7 0.2 4.7
351k-375k 11 26 1 0.4 2.5
376k-400k 37 21 1 0.1 10.6
401k-425k 14 17 2 0.2 4.9
426k-450k 18 11 1 0.1 9.8
451k-475k 17 7 0.1 14.6
476k-500k 21 18 5 0.1 7
501k-550k 12 16 1 0.2 4.5
551k-600k 23 22 8 0.2 6.3
601k-650k 20 15 4 0.1 8
651k-700k 18 15 5 0.1 7.2
701k-750k 14 21 6 0.3 4
751k-800k 20 20 6 0.2 6
801k-850k 12 9 4 0.1 8
851k-900k 14 16 2 0.2 5.3
901k-950k 7 9 1 0.2 4.7
951k-1m 9 7 2 0.1 7.7
1m-1.1m 3 8 3 0.4 2.3
1.1m-1.2m 8 2 0 24
1.2m-1.3m 3 6 1 0.3 3
1.3m-1.4m 2 3 0.3 4
1.4m-1.5m 2 0
1.5m-1.6m 2 0.3 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 4 0
2.75m-3m 3 0
4m-4.5m 1 1 0.2 6

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 0.2 0
76k-100k 10 17 4 0.3 3.5
101k-125k 33 22 3 0.1 9
126k-150k 50 33 3 0.1 9.1
151k-175k 54 48 15 0.1 6.8
176k-200k 81 43 3 0.1 11.3
201k-225k 74 50 8 0.1 8.9
226k-250k 54 25 5 0.1 13
251k-275k 21 27 5 0.2 4.7
276k-300k 37 16 4 0.1 13.9
301k-325k 23 10 3 0.1 13.8
326k-350k 30 11 2 0.1 16.4
351k-375k 8 13 5 0.3 3.7
376k-400k 15 6 0.1 15
401k-425k 12 10 1 0.1 7.2
426k-450k 30 6 1 0 30
451k-475k 6 7 0.2 5.1
476k-500k 8 3 0.1 16
501k-550k 24 12 4 0.1 12
551k-600k 20 8 4 0.1 15
601k-650k 10 14 3 0.2 4.3
651k-700k 11 7 2 0.1 9.4
701k-750k 10 5 0.1 12
751k-800k 13 5 1 0.1 15.6
801k-850k 4 6 1 0.3 4
851k-900k 3 4 1 0.2 4.5
901k-950k 3 9 2 0.5 2
951k-1m 8 5 0.1 9.6
1m-1.1m 6 5 0.1 7.2
1.1m-1.2m 7 3 1 0.1 14
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 2 7 1 0.6 1.7
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 2 3 0.3 4
1.7m-1.8m 5 1 0 30
1.8m-1.9m 10 1 0 60
1.9m-2m 3 3 1 0.2 6
2m-2.25m 13 5 0.1 15.6
2.25m-2.5m 12 6 1 0.1 12
2.5m-2.75m 6 0
2.75m-3m 8 0
3m-3.5m 5 2 0.1 15
3.5m-4m 11 2 0 33
4m-4.5m 1 1 0.2 6
4.5m-5m 3 0
5.01m-6m 2 0
6.01m-7m 2 1 0.1 12
7.01m-8m 1 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 1 0.2 0
26k-50k 3 0.5 0
51k-75k 6 12 6 0.3 3
76k-100k 20 17 1 0.1 7.1
101k-125k 13 4 0.1 19.5
126k-150k 15 4 1 0 22.5
151k-175k 6 3 1 0.1 12
176k-200k 12 1 0 72
201k-225k 5 6 0.2 5
226k-250k 6 7 1 0.2 5.1
251k-275k 8 7 1 0.1 6.9
276k-300k 10 4 2 0.1 15
301k-325k 7 2 0 21
326k-350k 15 2 1 0 45
351k-375k 1 1 0.2 6
376k-400k 5 1 1 0 30
401k-425k 4 1 0 24
426k-450k 8 2 0 24
451k-475k 1 0
476k-500k 4 0
501k-550k 4 1 0.7 0
551k-600k 10 5 1 0.1 12
601k-650k 11 5 0.1 13.2
651k-700k 5 3 0.1 10
701k-750k 5 1 1 0 30
751k-800k 8 2 0 24
801k-850k 4 1 0 24
851k-900k 5 2 1 0.1 15
901k-950k 7 1 0 42
951k-1m 8 2 0 24
1m-1.1m 2 2 0.2 6
1.1m-1.2m 1 2 0.3 3
1.2m-1.3m 6 1 0 36
1.3m-1.4m 3 0
1.4m-1.5m 6 0
1.5m-1.6m 1 0
1.6m-1.7m 3 0
1.7m-1.8m 1 0.2 0
1.8m-1.9m 1 0
1.9m-2m 2 0
2m-2.25m 1 0.2 0
2.25m-2.5m 4 0
2.5m-2.75m 6 1 1 0 36
2.75m-3m 8 0
3m-3.5m 1 1 0.2 6
3.5m-4m 2 0
4.5m-5m 3 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 2 0
8.01m-9m 1 0
10.01m-11m 1 0
12.01m-13m 1 0
16.01m-17m 1 0