Supply & Demand in Winter Haven, 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 0.2 0
51k-75k 1 0.2 0
76k-100k 2 5 0.4 2.4
101k-125k 2 2 1 0.2 6
126k-150k 3 12 0.7 1.5
151k-175k 5 8 3 0.3 3.8
176k-200k 9 18 3 0.3 3
201k-225k 22 36 10 0.3 3.7
226k-250k 34 61 13 0.3 3.3
251k-275k 35 75 8 0.4 2.8
276k-300k 68 138 21 0.3 3
301k-325k 87 115 12 0.2 4.5
326k-350k 92 82 16 0.1 6.7
351k-375k 66 53 6 0.1 7.5
376k-400k 39 44 6 0.2 5.3
401k-425k 23 17 5 0.1 8.1
426k-450k 19 13 2 0.1 8.8
451k-475k 12 9 2 0.1 8
476k-500k 13 10 4 0.1 7.8
501k-550k 12 10 2 0.1 7.2
551k-600k 8 6 1 0.1 8
601k-650k 4 2 1 0.1 12
651k-700k 1 5 0.8 1.2
701k-750k 3 3 1 0.2 6
751k-800k 1 3 1 0.5 2
801k-850k 5 3 1 0.1 10
851k-900k 1 2 1 0.3 3
901k-950k 1 1 0.2 6
951k-1m 1 2 1 0.3 3
1.1m-1.2m 2 2 1 0.2 6
1.5m-1.6m 1 0.2 0
1.7m-1.8m 2 1 1 0.1 12
1.9m-2m 1 0.2 0
2.25m-2.5m 1 1 0.2 6
3.5m-4m 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 4 0.7 0
151k-175k 1 0
176k-200k 1 1 0.2 6
201k-225k 1 1 1 0.2 6
226k-250k 6 0
251k-275k 2 1 0.3 0
376k-400k 1 0
476k-500k 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
76k-100k 3 3 1 0.2 6
101k-125k 5 6 0.2 5
126k-150k 22 19 3 0.1 6.9
151k-175k 11 20 3 0.3 3.3
176k-200k 11 7 1 0.1 9.4
201k-225k 2 3 0.3 4
226k-250k 1 1 0.2 6
251k-275k 3 0
301k-325k 1 0
326k-350k 1 0.2 0
401k-425k 1 0.2 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 3 0
26k-50k 2 8 0.7 1.5
51k-75k 3 4 0.2 4.5
76k-100k 3 2 0.1 9
101k-125k 1 2 0.3 3
126k-150k 2 2 0.2 6
151k-175k 2 1 0.3 0
176k-200k 2 1 0.1 12
201k-225k 3 0
226k-250k 2 1 0.1 12
251k-275k 1 0
276k-300k 1 0
326k-350k 1 0
376k-400k 3 0
476k-500k 4 0
501k-550k 1 0
601k-650k 1 0
651k-700k 1 0
801k-850k 1 0
901k-950k 1 0
951k-1m 5 0
1.1m-1.2m 2 0
1.2m-1.3m 1 0
1.7m-1.8m 1 0
1.9m-2m 2 0
4m-4.5m 1 0