Supply & Demand in Hudson, 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
51k-75k 1 0.2 0
76k-100k 2 0.3 0
101k-125k 2 5 0.4 2.4
126k-150k 7 1 1.2 0
151k-175k 8 3 0.1 16
176k-200k 9 17 5 0.3 3.2
201k-225k 14 35 5 0.4 2.4
226k-250k 42 42 11 0.2 6
251k-275k 32 31 10 0.2 6.2
276k-300k 37 49 11 0.2 4.5
301k-325k 31 47 9 0.3 4
326k-350k 49 37 6 0.1 7.9
351k-375k 31 34 7 0.2 5.5
376k-400k 42 18 4 0.1 14
401k-425k 19 9 2 0.1 12.7
426k-450k 34 10 5 0 20.4
451k-475k 17 7 2 0.1 14.6
476k-500k 14 6 1 0.1 14
501k-550k 10 7 0.1 8.6
551k-600k 11 7 3 0.1 9.4
601k-650k 6 3 1 0.1 12
651k-700k 5 2 0.1 15
701k-750k 7 1 1 0 42
751k-800k 2 1 1 0.1 12
801k-850k 3 6 1 0.3 3
851k-900k 4 1 0 24
901k-950k 1 3 1 0.5 2
951k-1m 3 1 0.1 18
1m-1.1m 2 0
1.1m-1.2m 2 0
1.2m-1.3m 2 0
1.6m-1.7m 1 0
6.01m-7m 1 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
151k-175k 1 0.2 0
201k-225k 1 0.2 0
226k-250k 1 1 0.2 6
251k-275k 1 1 0.2 6
276k-300k 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
76k-100k 2 1 0.1 12
101k-125k 7 9 3 0.2 4.7
126k-150k 20 5 0 24
151k-175k 8 4 1 0.1 12
176k-200k 2 2 0.2 6
201k-225k 4 1 0 24
226k-250k 3 2 1 0.1 9
251k-275k 1 0
276k-300k 2 0
301k-325k 2 0
351k-375k 2 3 2 0.3 4
376k-400k 1 0
426k-450k 1 0
476k-500k 2 0
501k-550k 1 0
551k-600k 1 0

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 5 5 1 0.2 6
26k-50k 25 8 3 0.1 18.8
51k-75k 24 7 4 0 20.6
76k-100k 19 6 2 0.1 19
101k-125k 5 3 3 0.1 10
126k-150k 13 3 1 0 26
151k-175k 4 2 1 0.1 12
176k-200k 8 1 0 48
201k-225k 5 2 0.1 15
226k-250k 4 1 1 0 24
251k-275k 2 2 1 0.2 6
276k-300k 5 3 0.1 10
301k-325k 3 0
326k-350k 3 1 1 0.1 18
351k-375k 4 1 0 24
376k-400k 1 0
401k-425k 1 1 0.2 0
476k-500k 5 0
501k-550k 1 1 1 0.2 6
551k-600k 2 0
601k-650k 1 1 1 0.2 6
651k-700k 7 0
701k-750k 1 0
751k-800k 2 0
851k-900k 1 0
1.2m-1.3m 1 0
1.4m-1.5m 2 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.5m-2.75m 1 0
2.75m-3m 1 0
3m-3.5m 1 0
4.5m-5m 1 0
6.01m-7m 1 0
8.01m-9m 2 0
13.01m-14m 2 0
20.01m-21m 1 0