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
101k-125k 3 1 0.5 0
126k-150k 6 1 0
151k-175k 4 8 2 0.3 3
176k-200k 11 15 0.2 4.4
201k-225k 8 24 3 0.5 2
226k-250k 19 34 3 0.3 3.4
251k-275k 13 31 5 0.4 2.5
276k-300k 35 36 4 0.2 5.8
301k-325k 25 31 4 0.2 4.8
326k-350k 30 40 12 0.2 4.5
351k-375k 16 27 6 0.3 3.6
376k-400k 31 18 5 0.1 10.3
401k-425k 18 17 4 0.2 6.4
426k-450k 30 22 2 0.1 8.2
451k-475k 13 10 3 0.1 7.8
476k-500k 20 18 3 0.2 6.7
501k-550k 22 15 4 0.1 8.8
551k-600k 19 20 5 0.2 5.7
601k-650k 14 12 1 0.1 7
651k-700k 12 14 1 0.2 5.1
701k-750k 10 8 2 0.1 7.5
751k-800k 15 6 4 0.1 15
801k-850k 7 14 1 0.3 3
851k-900k 5 8 1 0.3 3.8
901k-950k 5 4 0.1 7.5
951k-1m 8 1 0 48
1m-1.1m 2 4 1 0.3 3
1.1m-1.2m 5 6 0.2 5
1.2m-1.3m 9 2 0 27
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 6 1 0 36
1.6m-1.7m 1 0.2 0
1.7m-1.8m 2 0
1.8m-1.9m 5 1 0 30
1.9m-2m 7 1 0 42
2m-2.25m 2 1 0.1 12
2.25m-2.5m 6 1 1 0 36
2.75m-3m 2 1 1 0.1 12
3m-3.5m 2 1 0.1 12
3.5m-4m 1 0
4m-4.5m 1 0
5.01m-6m 1 0
7.01m-8m 1 0
8.01m-9m 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
376k-400k 1 0
426k-450k 2 0
651k-700k 1 0
801k-850k 1 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
76k-100k 1 5 2 0.8 1.2
101k-125k 4 7 0.3 3.4
126k-150k 19 8 2 0.1 14.3
151k-175k 4 7 0.3 3.4
176k-200k 18 8 2 0.1 13.5
201k-225k 10 3 0.1 20
226k-250k 8 3 1 0.1 16
251k-275k 5 2 0.1 15
276k-300k 5 4 0.1 7.5
301k-325k 2 4 1 0.3 3
326k-350k 3 1 0.1 18
351k-375k 5 1 1 0 30
376k-400k 3 1 0.1 18
401k-425k 2 0
426k-450k 1 1 0.2 6
451k-475k 5 0
476k-500k 5 1 0 30
501k-550k 5 3 2 0.1 10
551k-600k 5 1 0 30
601k-650k 6 0
651k-700k 4 2 1 0.1 12
701k-750k 5 0
751k-800k 3 0
801k-850k 4 0
901k-950k 1 0.2 0
1.3m-1.4m 1 0
1.7m-1.8m 1 0.2 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 58 46 3 0.1 7.6
26k-50k 133 27 1 0 29.6
51k-75k 46 9 0 30.7
76k-100k 33 2 1 0 99
101k-125k 4 1 0 24
126k-150k 10 0
151k-175k 3 1 0.1 18
176k-200k 7 0
201k-225k 2 1 0.1 12
226k-250k 5 0
251k-275k 3 0
276k-300k 3 0
301k-325k 1 1 0.2 6
326k-350k 2 0
351k-375k 3 0
376k-400k 6 0
401k-425k 2 0
426k-450k 2 0
476k-500k 4 0
501k-550k 2 0
551k-600k 1 0
601k-650k 1 0
651k-700k 2 0
701k-750k 1 0
751k-800k 2 0
801k-850k 2 0
851k-900k 1 1 0.2 6
901k-950k 1 0
951k-1m 3 0
1m-1.1m 6 0
1.1m-1.2m 3 0
1.2m-1.3m 2 0
1.3m-1.4m 2 0
1.4m-1.5m 2 0
1.5m-1.6m 3 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 3 1 0.1 18
2m-2.25m 3 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
2.75m-3m 4 0
3m-3.5m 3 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 3 0
6.01m-7m 1 0