Supply & Demand in Brooksville, 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 % 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 1 2 1 0.3 3
76k-100k 4 0.7 0
101k-125k 1 0.2 0
126k-150k 2 4 0.3 3
151k-175k 2 4 1 0.3 3
176k-200k 4 5 0.2 4.8
201k-225k 3 12 0.7 1.5
226k-250k 12 17 5 0.2 4.2
251k-275k 15 43 9 0.5 2.1
276k-300k 45 57 10 0.2 4.7
301k-325k 30 44 9 0.2 4.1
326k-350k 44 44 12 0.2 6
351k-375k 23 21 4 0.2 6.6
376k-400k 24 26 5 0.2 5.5
401k-425k 19 12 1 0.1 9.5
426k-450k 17 12 3 0.1 8.5
451k-475k 10 9 2 0.2 6.7
476k-500k 10 9 3 0.2 6.7
501k-550k 11 9 1 0.1 7.3
551k-600k 14 13 1 0.2 6.5
601k-650k 12 13 3 0.2 5.5
651k-700k 17 12 1 0.1 8.5
701k-750k 15 7 1 0.1 12.9
751k-800k 11 10 1 0.2 6.6
801k-850k 3 2 0.1 9
851k-900k 6 3 2 0.1 12
901k-950k 4 3 1 0.1 8
951k-1m 6 2 0.1 18
1m-1.1m 5 4 0.1 7.5
1.1m-1.2m 4 4 1 0.2 6
1.2m-1.3m 1 1 1 0.2 6
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 2 0
1.6m-1.7m 1 0
1.8m-1.9m 2 0
2.75m-3m 1 0
4m-4.5m 2 0

Townhouses % 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
201k-225k 1 0.2 0

Condos % 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
126k-150k 1 0.2 0
176k-200k 1 2 0.3 3

Land % 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 10 17 3 0.3 3.5
26k-50k 55 42 5 0.1 7.9
51k-75k 20 9 1 0.1 13.3
76k-100k 12 2 1 0 36
101k-125k 7 5 2 0.1 8.4
126k-150k 7 6 2 0.1 7
151k-175k 9 4 2 0.1 13.5
176k-200k 17 2 0 51
201k-225k 10 2 0 30
226k-250k 3 2 0.1 9
251k-275k 4 2 0.1 12
276k-300k 7 2 0 21
301k-325k 3 0
326k-350k 10 3 1 0.1 20
351k-375k 9 0
376k-400k 2 3 1 0.3 4
401k-425k 2 1 0.3 0
426k-450k 1 0
451k-475k 1 1 0.2 0
476k-500k 1 1 0.2 6
501k-550k 3 1 0.1 18
551k-600k 4 0
601k-650k 2 0
651k-700k 3 0
701k-750k 1 0
801k-850k 1 0
851k-900k 1 0
951k-1m 6 0
1m-1.1m 1 1 0.2 6
1.2m-1.3m 1 0
1.3m-1.4m 2 0
1.4m-1.5m 2 0
1.8m-1.9m 1 0
2m-2.25m 5 0
2.25m-2.5m 4 0
2.75m-3m 1 0
4.5m-5m 1 0
5.01m-6m 1 0
6.01m-7m 1 0
7.01m-8m 1 0
26.01m-27m 1 0