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 2 0.3 3
126k-150k 2 1 0.1 12
151k-175k 2 11 1 0.9 1.1
176k-200k 13 20 0.3 3.9
201k-225k 21 26 3 0.2 4.8
226k-250k 54 65 9 0.2 5
251k-275k 55 106 24 0.3 3.1
276k-300k 104 106 29 0.2 5.9
301k-325k 90 116 22 0.2 4.7
326k-350k 139 147 27 0.2 5.7
351k-375k 106 129 23 0.2 4.9
376k-400k 147 164 30 0.2 5.4
401k-425k 86 118 27 0.2 4.4
426k-450k 117 126 20 0.2 5.6
451k-475k 71 70 14 0.2 6.1
476k-500k 99 85 16 0.1 7
501k-550k 150 88 14 0.1 10.2
551k-600k 94 94 12 0.2 6
601k-650k 85 63 15 0.1 8.1
651k-700k 106 33 2 0.1 19.3
701k-750k 46 32 5 0.1 8.6
751k-800k 33 10 1 0.1 19.8
801k-850k 27 11 1 0.1 14.7
851k-900k 23 7 1 0.1 19.7
901k-950k 22 5 0 26.4
951k-1m 23 4 1 0 34.5
1m-1.1m 12 3 0 24
1.1m-1.2m 6 4 0.1 9
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 7 0
1.4m-1.5m 4 2 0.1 12
1.5m-1.6m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 5 2 1 0.1 15
1.8m-1.9m 2 0
1.9m-2m 1 1 0.2 6
2m-2.25m 5 0
2.25m-2.5m 1 0.2 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 1 0
3m-3.5m 1 1 1 0.2 6
4.5m-5m 1 0
5.01m-6m 1 0
12.01m-13m 1 0.2 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
1k-25k 1 0.2 0
51k-75k 1 0
126k-150k 1 0
151k-175k 3 0.5 0
176k-200k 8 10 1 0.2 4.8
201k-225k 13 14 4 0.2 5.6
226k-250k 35 50 9 0.2 4.2
251k-275k 66 44 8 0.1 9
276k-300k 83 66 10 0.1 7.5
301k-325k 71 47 11 0.1 9.1
326k-350k 91 50 10 0.1 10.9
351k-375k 53 34 6 0.1 9.4
376k-400k 55 23 4 0.1 14.3
401k-425k 29 21 2 0.1 8.3
426k-450k 40 18 3 0.1 13.3
451k-475k 37 11 1 0 20.2
476k-500k 46 9 1 0 30.7
501k-550k 43 4 0 64.5
551k-600k 26 4 1 0 39
601k-650k 13 3 1 0 26
651k-700k 5 1 0 30

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 1 1 0.1 12
126k-150k 15 17 1 0.2 5.3
151k-175k 24 17 0.1 8.5
176k-200k 45 21 5 0.1 12.9
201k-225k 49 18 0.1 16.3
226k-250k 55 15 1 0 22
251k-275k 31 11 2 0.1 16.9
276k-300k 34 12 2 0.1 17
301k-325k 20 5 2 0 24
326k-350k 20 11 4 0.1 10.9
351k-375k 8 4 1 0.1 12
376k-400k 11 0
401k-425k 4 1 1 0 24
426k-450k 1 1 0.2 6
451k-475k 1 0.2 0
476k-500k 2 0
501k-550k 2 1 0.1 12
551k-600k 1 1 0.2 6

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 9 8 2 0.1 6.8
26k-50k 99 23 3 0 25.8
51k-75k 52 13 3 0 24
76k-100k 20 1 1 0 120
101k-125k 5 3 1 0.1 10
126k-150k 3 0
151k-175k 3 1 0.1 18
176k-200k 12 0
201k-225k 4 1 0 24
251k-275k 2 1 0.1 12
276k-300k 5 1 0 30
301k-325k 1 0
326k-350k 4 0
351k-375k 3 0
376k-400k 1 0
426k-450k 1 0
451k-475k 1 0
476k-500k 2 0
501k-550k 2 0
551k-600k 3 1 1 0.1 18
701k-750k 1 0
751k-800k 2 0
801k-850k 1 0.2 0
851k-900k 1 0
901k-950k 2 0
951k-1m 3 1 1 0.1 18
1m-1.1m 2 0
1.1m-1.2m 1 0.2 0
1.2m-1.3m 2 0
1.3m-1.4m 2 0
1.4m-1.5m 3 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 3 0
2.75m-3m 5 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 5 0
6.01m-7m 3 0
7.01m-8m 1 0
8.01m-9m 1 0
13.01m-14m 1 0