Supply & Demand in Kissimmee, 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 1 0.2 0
126k-150k 2 0.3 0
151k-175k 10 1 1.7 0
176k-200k 11 23 5 0.3 2.9
201k-225k 9 33 4 0.6 1.6
226k-250k 50 68 14 0.2 4.4
251k-275k 62 97 12 0.3 3.8
276k-300k 107 93 8 0.1 6.9
301k-325k 101 117 26 0.2 5.2
326k-350k 133 137 24 0.2 5.8
351k-375k 105 148 16 0.2 4.3
376k-400k 124 148 20 0.2 5
401k-425k 96 100 12 0.2 5.8
426k-450k 111 121 15 0.2 5.5
451k-475k 83 68 6 0.1 7.3
476k-500k 103 74 14 0.1 8.4
501k-550k 140 95 16 0.1 8.8
551k-600k 101 93 23 0.2 6.5
601k-650k 91 58 11 0.1 9.4
651k-700k 99 31 3 0.1 19.2
701k-750k 63 29 4 0.1 13
751k-800k 35 18 2 0.1 11.7
801k-850k 26 8 0.1 19.5
851k-900k 23 7 1 0.1 19.7
901k-950k 14 7 2 0.1 12
951k-1m 26 4 2 0 39
1m-1.1m 12 3 1 0 24
1.1m-1.2m 6 6 0.2 6
1.2m-1.3m 4 2 1 0.1 12
1.3m-1.4m 5 0
1.4m-1.5m 4 2 0.1 12
1.5m-1.6m 3 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 1 0
1.9m-2m 1 1 0.2 0
2m-2.25m 3 0
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 2 0.3 3
2.75m-3m 1 0
3m-3.5m 2 0
4m-4.5m 1 0.2 0
4.5m-5m 1 0
5.01m-6m 1 0
12.01m-13m 1 1 0.2 0

Townhouses 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 2 0.3 3
151k-175k 3 1 0.5 0
176k-200k 10 8 2 0.1 7.5
201k-225k 11 13 1 0.2 5.1
226k-250k 29 50 1 0.3 3.5
251k-275k 61 42 6 0.1 8.7
276k-300k 78 71 13 0.2 6.6
301k-325k 71 36 10 0.1 11.8
326k-350k 96 49 8 0.1 11.8
351k-375k 56 35 1 0.1 9.6
376k-400k 48 27 3 0.1 10.7
401k-425k 26 24 5 0.2 6.5
426k-450k 39 15 2 0.1 15.6
451k-475k 38 11 3 0 20.7
476k-500k 45 10 3 0 27
501k-550k 44 8 1 0 33
551k-600k 28 3 0 56
601k-650k 15 2 0 45
651k-700k 2 1 0.1 12

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
1k-25k 1 0
51k-75k 1 0
101k-125k 2 3 0.3 4
126k-150k 14 20 5 0.2 4.2
151k-175k 21 17 4 0.1 7.4
176k-200k 33 25 5 0.1 7.9
201k-225k 43 26 3 0.1 9.9
226k-250k 49 15 0.1 19.6
251k-275k 26 12 2 0.1 13
276k-300k 34 9 0 22.7
301k-325k 23 5 0 27.6
326k-350k 17 10 0.1 10.2
351k-375k 8 4 1 0.1 12
376k-400k 11 0
401k-425k 3 0
426k-450k 1 0.2 0
451k-475k 1 0.2 0
476k-500k 4 0
501k-550k 3 1 0.1 18
551k-600k 1 2 0.3 3

Land 1% 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 7 0.2 4.3
26k-50k 93 17 3 0 32.8
51k-75k 64 13 2 0 29.5
76k-100k 21 1 0 126
101k-125k 6 5 0.1 7.2
126k-150k 5 1 0 30
151k-175k 3 1 0.1 18
176k-200k 10 0
201k-225k 3 0
226k-250k 1 0
251k-275k 2 1 0.1 12
276k-300k 5 1 0 30
326k-350k 5 0
351k-375k 2 0
376k-400k 2 0
426k-450k 1 0
476k-500k 1 0
501k-550k 3 1 0.1 18
551k-600k 2 0
701k-750k 1 0
751k-800k 1 0
801k-850k 1 0.2 0
851k-900k 1 0
901k-950k 2 0
951k-1m 4 0
1m-1.1m 1 0
1.1m-1.2m 1 0.2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.5m-1.6m 2 0
1.7m-1.8m 1 0
1.8m-1.9m 2 0
1.9m-2m 1 0.2 0
2m-2.25m 1 0
2.25m-2.5m 2 0
2.75m-3m 3 0
3m-3.5m 2 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 4 0
5.01m-6m 2 0
6.01m-7m 2 0
7.01m-8m 1 0
8.01m-9m 1 0
13.01m-14m 1 0