Supply & Demand in Englewood, 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 0.2 0
101k-125k 1 0.2 0
126k-150k 1 3 3 0.5 2
151k-175k 4 13 3 0.5 1.8
176k-200k 7 10 4 0.2 4.2
201k-225k 5 22 4 0.7 1.4
226k-250k 12 31 10 0.4 2.3
251k-275k 17 36 4 0.4 2.8
276k-300k 27 52 14 0.3 3.1
301k-325k 18 39 10 0.4 2.8
326k-350k 22 39 4 0.3 3.4
351k-375k 20 46 8 0.4 2.6
376k-400k 22 35 5 0.3 3.8
401k-425k 30 25 5 0.1 7.2
426k-450k 17 29 7 0.3 3.5
451k-475k 11 14 2 0.2 4.7
476k-500k 11 7 0.1 9.4
501k-550k 16 21 3 0.2 4.6
551k-600k 23 19 2 0.1 7.3
601k-650k 6 21 3 0.6 1.7
651k-700k 8 5 3 0.1 9.6
701k-750k 9 12 1 0.2 4.5
751k-800k 16 10 3 0.1 9.6
801k-850k 5 8 2 0.3 3.8
851k-900k 12 9 1 0.1 8
901k-950k 9 6 1 0.1 9
951k-1m 8 4 0.1 12
1m-1.1m 8 6 2 0.1 8
1.1m-1.2m 3 3 0.2 6
1.2m-1.3m 6 4 1 0.1 9
1.3m-1.4m 7 5 2 0.1 8.4
1.4m-1.5m 3 3 0.2 6
1.5m-1.6m 4 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 4 3 1 0.1 8
1.9m-2m 1 0
2m-2.25m 1 2 0.3 3
2.25m-2.5m 10 1 0 60
2.5m-2.75m 1 0
2.75m-3m 5 2 1 0.1 15
3m-3.5m 1 1 0.2 6
3.5m-4m 5 1 1 0 30
4m-4.5m 2 0
4.5m-5m 2 2 0.2 6
7.01m-8m 1 0
9.01m-10m 1 0
11.01m-12m 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
401k-425k 1 0
501k-550k 1 0
551k-600k 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
26k-50k 1 0.2 0
51k-75k 1 0.2 0
76k-100k 7 7 0.2 6
101k-125k 5 11 4 0.4 2.7
126k-150k 11 11 2 0.2 6
151k-175k 7 2 0 21
176k-200k 14 10 2 0.1 8.4
201k-225k 9 7 2 0.1 7.7
226k-250k 6 4 0.1 9
251k-275k 5 5 1 0.2 6
276k-300k 7 3 1 0.1 14
301k-325k 2 2 0.2 6
326k-350k 5 2 0.1 15
351k-375k 2 2 0.2 6
376k-400k 2 3 0.3 4
401k-425k 2 1 0.1 12
426k-450k 7 2 2 0 21
451k-475k 3 1 0.1 18
476k-500k 1 4 2 0.7 1.5
501k-550k 7 4 2 0.1 10.5
551k-600k 4 1 0 24
601k-650k 5 3 0.1 10
651k-700k 3 1 0.1 18
701k-750k 5 1 1 0 30
751k-800k 3 1 0.1 18
801k-850k 1 1 0.2 6
851k-900k 1 0
901k-950k 1 0.2 0
1.2m-1.3m 1 1 0.2 6
2m-2.25m 1 0
4m-4.5m 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 66 52 10 0.1 7.6
26k-50k 131 21 6 0 37.4
51k-75k 51 3 1 0 102
76k-100k 22 8 1 0.1 16.5
101k-125k 3 0
126k-150k 12 0
151k-175k 9 0
176k-200k 8 1 0 48
201k-225k 5 1 0 30
226k-250k 5 0
251k-275k 1 1 0.2 6
276k-300k 2 1 0.1 12
301k-325k 1 0
326k-350k 2 1 1 0.1 12
351k-375k 4 0
376k-400k 5 1 0 30
401k-425k 2 0
426k-450k 2 0
476k-500k 6 0
501k-550k 1 1 0.2 6
551k-600k 2 1 0.1 12
601k-650k 2 0
651k-700k 3 2 0.1 9
701k-750k 3 0
751k-800k 3 1 0.1 18
801k-850k 1 1 0.2 6
851k-900k 1 0
901k-950k 1 0.2 0
951k-1m 6 0
1m-1.1m 4 0
1.1m-1.2m 3 0
1.2m-1.3m 2 0
1.3m-1.4m 1 0
1.4m-1.5m 4 0
1.5m-1.6m 4 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 5 0
2m-2.25m 3 1 0.1 18
2.25m-2.5m 1 1 0.2 0
2.5m-2.75m 2 0
2.75m-3m 6 0
3m-3.5m 1 0
4.5m-5m 1 0
5.01m-6m 1 0