Supply & Demand in Dunnellon, 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 3 0.5 0
101k-125k 1 3 0.5 2
151k-175k 2 6 2 0.5 2
176k-200k 12 25 4 0.3 2.9
201k-225k 32 63 10 0.3 3
226k-250k 86 88 18 0.2 5.9
251k-275k 52 76 16 0.2 4.1
276k-300k 60 64 13 0.2 5.6
301k-325k 25 32 5 0.2 4.7
326k-350k 43 16 3 0.1 16.1
351k-375k 33 27 5 0.1 7.3
376k-400k 24 20 2 0.1 7.2
401k-425k 14 8 2 0.1 10.5
426k-450k 11 14 1 0.2 4.7
451k-475k 6 10 0.3 3.6
476k-500k 13 11 1 0.1 7.1
501k-550k 9 10 1 0.2 5.4
551k-600k 12 2 1 0 36
601k-650k 2 3 0.3 4
651k-700k 3 3 0.2 6
701k-750k 5 2 2 0.1 15
751k-800k 4 2 0.1 12
801k-850k 3 6 3 0.3 3
851k-900k 1 1 0.2 6
901k-950k 1 0
951k-1m 7 0
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 1 0
1.6m-1.7m 4 2 0.1 12
1.8m-1.9m 1 0
2m-2.25m 2 0
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 1 0.2 6
3.5m-4m 1 0

Townhouses NAN% 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 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
126k-150k 1 0
176k-200k 2 0
251k-275k 1 0.2 0
276k-300k 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 230 175 29 0.1 7.9
26k-50k 222 88 10 0.1 15.1
51k-75k 75 40 5 0.1 11.3
76k-100k 28 4 0 42
101k-125k 3 5 1 0.3 3.6
126k-150k 6 3 1 0.1 12
151k-175k 4 0
176k-200k 3 3 0.2 6
201k-225k 3 1 1 0.1 18
226k-250k 2 1 1 0.1 12
251k-275k 3 0
276k-300k 2 0
301k-325k 1 0
351k-375k 1 0.2 0
376k-400k 1 0
426k-450k 1 0
451k-475k 1 0
476k-500k 2 0
551k-600k 1 0.2 0
601k-650k 1 0
801k-850k 1 1 0.2 0
851k-900k 1 0
901k-950k 1 0
1.1m-1.2m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0.2 0
1.8m-1.9m 1 1 0.2 0
1.9m-2m 1 0
2.75m-3m 1 1 1 0.2 6
3m-3.5m 1 0
5.01m-6m 1 0