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
26k-50k 1 0.2 0
51k-75k 1 0.2 0
76k-100k 5 3 0.8 0
101k-125k 3 5 0.3 3.6
126k-150k 2 8 1 0.7 1.5
151k-175k 2 9 2 0.8 1.3
176k-200k 10 17 1 0.3 3.5
201k-225k 17 35 4 0.3 2.9
226k-250k 40 46 4 0.2 5.2
251k-275k 37 32 4 0.1 6.9
276k-300k 45 43 6 0.2 6.3
301k-325k 39 45 3 0.2 5.2
326k-350k 62 45 4 0.1 8.3
351k-375k 32 33 4 0.2 5.8
376k-400k 39 22 2 0.1 10.6
401k-425k 13 11 1 0.1 7.1
426k-450k 33 10 0.1 19.8
451k-475k 17 4 0 25.5
476k-500k 15 7 3 0.1 12.9
501k-550k 6 10 1 0.3 3.6
551k-600k 10 5 1 0.1 12
601k-650k 5 3 0.1 10
651k-700k 4 2 1 0.1 12
701k-750k 6 0
751k-800k 3 0
801k-850k 2 5 1 0.4 2.4
851k-900k 7 0
901k-950k 2 2 1 0.2 6
951k-1m 2 2 0.2 6
1m-1.1m 2 0
1.1m-1.2m 3 0
1.2m-1.3m 1 0
1.7m-1.8m 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 1 0.2 0
226k-250k 1 0.2 0
251k-275k 2 2 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 2 1 0.2 6
101k-125k 3 8 0.4 2.3
126k-150k 15 9 0.1 10
151k-175k 8 6 1 0.1 8
176k-200k 1 1 0.2 6
201k-225k 4 2 0.1 12
226k-250k 4 0
251k-275k 2 1 0.1 12
276k-300k 2 0
301k-325k 2 0
351k-375k 3 2 1 0.1 9
426k-450k 2 0
476k-500k 3 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 4 6 1 0.3 4
26k-50k 26 10 3 0.1 15.6
51k-75k 22 5 0 26.4
76k-100k 22 7 0.1 18.9
101k-125k 6 3 0.1 12
126k-150k 10 5 0.1 12
151k-175k 8 1 0 48
176k-200k 7 2 0 21
201k-225k 6 3 0.1 12
226k-250k 3 1 0.1 18
251k-275k 4 3 0.1 8
276k-300k 5 1 0 30
301k-325k 2 0
326k-350k 3 0
351k-375k 3 1 0.1 18
376k-400k 3 1 0.1 18
401k-425k 1 0
426k-450k 1 0.2 0
476k-500k 4 0
551k-600k 4 0
601k-650k 1 0
651k-700k 3 0
701k-750k 2 0
751k-800k 4 0
851k-900k 2 0
1.2m-1.3m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 1 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