Supply & Demand in Naples, 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 19% 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 1 0.2 0
76k-100k 1 1 0.2 0
101k-125k 2 1 0.3 0
126k-150k 1 0
151k-175k 1 1 0.2 6
176k-200k 1 0.2 0
201k-225k 3 0
226k-250k 3 3 0.2 6
251k-275k 2 0.3 0
276k-300k 6 5 1 0.1 7.2
301k-325k 7 12 2 0.3 3.5
326k-350k 17 16 3 0.2 6.4
351k-375k 16 21 5 0.2 4.6
376k-400k 42 52 11 0.2 4.8
401k-425k 41 47 10 0.2 5.2
426k-450k 61 51 14 0.1 7.2
451k-475k 58 54 13 0.2 6.4
476k-500k 117 75 18 0.1 9.4
501k-550k 196 156 28 0.1 7.5
551k-600k 193 100 23 0.1 11.6
601k-650k 194 121 20 0.1 9.6
651k-700k 173 94 23 0.1 11
701k-750k 140 72 20 0.1 11.7
751k-800k 158 64 14 0.1 14.8
801k-850k 122 54 10 0.1 13.6
851k-900k 143 55 15 0.1 15.6
901k-950k 69 38 9 0.1 10.9
951k-1m 113 36 12 0.1 18.8
1m-1.1m 94 38 7 0.1 14.8
1.1m-1.2m 95 48 15 0.1 11.9
1.2m-1.3m 99 39 9 0.1 15.2
1.3m-1.4m 67 31 9 0.1 13
1.4m-1.5m 73 27 8 0.1 16.2
1.5m-1.6m 52 28 14 0.1 11.1
1.6m-1.7m 64 17 4 0 22.6
1.7m-1.8m 50 15 4 0.1 20
1.8m-1.9m 46 18 3 0.1 15.3
1.9m-2m 57 18 7 0.1 19
2m-2.25m 78 36 12 0.1 13
2.25m-2.5m 89 27 4 0.1 19.8
2.5m-2.75m 55 16 1 0 20.6
2.75m-3m 68 17 9 0 24
3m-3.5m 91 21 8 0 26
3.5m-4m 77 18 6 0 25.7
4m-4.5m 48 20 9 0.1 14.4
4.5m-5m 34 7 2 0 29.1
5.01m-6m 65 16 3 0 24.4
6.01m-7m 58 19 8 0.1 18.3
7.01m-8m 46 6 3 0 46
8.01m-9m 32 4 1 0 48
9.01m-10m 23 4 3 0 34.5
10.01m-11m 17 6 4 0.1 17
11.01m-12m 19 1 1 0 114
12.01m-13m 22 2 0 66
13.01m-14m 9 0
14.01m-15m 1 0.2 0
15.01m-16m 7 0
16.01m-17m 2 2 1 0.2 6
17.01m-18m 7 1 0 42
18.01m-19m 7 1 1 0 42
19.01m-20m 7 0
20.01m-21m 3 0
21.01m-22m 1 0
22.01m-23m 1 0
23.01m-24m 3 0
25.01m-26m 3 0
26.01m-27m 1 0
27.01m-28m 5 0
28.01m-29m 1 0
29.01m-30m 3 0
34.01m-35m 3 1 0.1 18
38.01m-39m 1 0
41.01m-42m 1 0
42.01m-43m 1 0
43.01m-44m 1 0
59.01m-60m 1 0
88.01m-89m 1 0
209.01m-210m 1 0

Townhouses 18% 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 0
176k-200k 1 1 1 0.2 6
201k-225k 1 1 0.2 6
226k-250k 1 2 1 0.3 3
251k-275k 3 0.5 0
276k-300k 4 6 3 0.3 4
301k-325k 5 3 2 0.1 10
326k-350k 9 5 1 0.1 10.8
351k-375k 11 6 0.1 11
376k-400k 21 20 3 0.2 6.3
401k-425k 13 11 0.1 7.1
426k-450k 20 7 0.1 17.1
451k-475k 12 4 0.1 18
476k-500k 13 2 0 39
501k-550k 17 5 1 0 20.4
551k-600k 8 1 1 0 48
601k-650k 3 1 1 0.1 18
651k-700k 1 0
701k-750k 3 0
751k-800k 2 0
851k-900k 1 0
951k-1m 1 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0.2 0

Condos 13% 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 2 0
76k-100k 2 3 1 0.3 4
101k-125k 4 4 2 0.2 6
126k-150k 18 15 3 0.1 7.2
151k-175k 29 26 3 0.1 6.7
176k-200k 66 31 8 0.1 12.8
201k-225k 56 51 12 0.2 6.6
226k-250k 128 74 20 0.1 10.4
251k-275k 158 52 14 0.1 18.2
276k-300k 212 80 26 0.1 15.9
301k-325k 150 44 6 0 20.5
326k-350k 209 65 25 0.1 19.3
351k-375k 126 31 7 0 24.4
376k-400k 161 43 16 0 22.5
401k-425k 98 36 14 0.1 16.3
426k-450k 118 32 12 0 22.1
451k-475k 89 22 9 0 24.3
476k-500k 128 33 8 0 23.3
501k-550k 150 54 9 0.1 16.7
551k-600k 157 40 14 0 23.6
601k-650k 88 26 7 0 20.3
651k-700k 92 27 7 0 20.4
701k-750k 84 21 5 0 24
751k-800k 73 20 5 0 21.9
801k-850k 70 11 4 0 38.2
851k-900k 62 17 6 0 21.9
901k-950k 24 15 3 0.1 9.6
951k-1m 57 7 2 0 48.9
1m-1.1m 53 15 6 0 21.2
1.1m-1.2m 67 10 0 40.2
1.2m-1.3m 56 18 8 0.1 18.7
1.3m-1.4m 47 13 4 0 21.7
1.4m-1.5m 38 13 3 0.1 17.5
1.5m-1.6m 46 9 2 0 30.7
1.6m-1.7m 35 9 3 0 23.3
1.7m-1.8m 28 6 2 0 28
1.8m-1.9m 28 5 1 0 33.6
1.9m-2m 32 8 2 0 24
2m-2.25m 47 5 2 0 56.4
2.25m-2.5m 77 12 5 0 38.5
2.5m-2.75m 37 9 3 0 24.7
2.75m-3m 47 9 3 0 31.3
3m-3.5m 35 11 4 0.1 19.1
3.5m-4m 28 12 3 0.1 14
4m-4.5m 12 4 1 0.1 18
4.5m-5m 14 1 0 84
5.01m-6m 20 4 2 0 30
6.01m-7m 16 1 1 0 96
7.01m-8m 9 0
8.01m-9m 11 0
9.01m-10m 4 2 1 0.1 12
10.01m-11m 4 2 1 0.1 12
11.01m-12m 4 0
12.01m-13m 5 0
13.01m-14m 1 0
14.01m-15m 1 0
15.01m-16m 1 0
16.01m-17m 2 0
19.01m-20m 1 0
24.01m-25m 1 0
27.01m-28m 1 0
29.01m-30m 3 0
34.01m-35m 1 0
36.01m-37m 1 0
44.01m-45m 1 0

Land 7% 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 6 3 1 0.1 12
26k-50k 12 9 0.1 8
51k-75k 67 22 4 0.1 18.3
76k-100k 79 12 3 0 39.5
101k-125k 66 21 3 0.1 18.9
126k-150k 73 30 8 0.1 14.6
151k-175k 46 19 2 0.1 14.5
176k-200k 86 15 6 0 34.4
201k-225k 36 7 3 0 30.9
226k-250k 57 8 2 0 42.8
251k-275k 25 3 1 0 50
276k-300k 61 8 4 0 45.8
301k-325k 13 2 0 39
326k-350k 27 4 2 0 40.5
351k-375k 13 5 2 0.1 15.6
376k-400k 29 7 2 0 24.9
401k-425k 12 1 0 72
426k-450k 15 2 0 45
451k-475k 11 0
476k-500k 27 0
501k-550k 18 3 0 36
551k-600k 20 3 3 0 40
601k-650k 8 2 0 24
651k-700k 12 5 2 0.1 14.4
701k-750k 8 4 1 0.1 12
751k-800k 14 0
801k-850k 5 0
851k-900k 6 1 0 36
901k-950k 12 0
951k-1m 9 0
1m-1.1m 2 1 0.1 12
1.1m-1.2m 7 1 0 42
1.2m-1.3m 4 0
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 11 0
1.5m-1.6m 8 0
1.6m-1.7m 5 0
1.7m-1.8m 2 1 1 0.1 12
1.8m-1.9m 3 0
1.9m-2m 6 0
2m-2.25m 3 1 0.1 18
2.25m-2.5m 8 1 1 0 48
2.5m-2.75m 5 1 1 0 30
2.75m-3m 9 1 0 54
3m-3.5m 6 1 0 36
3.5m-4m 8 0
4m-4.5m 7 0
4.5m-5m 8 0
5.01m-6m 7 0
6.01m-7m 6 2 1 0.1 18
7.01m-8m 8 0
8.01m-9m 1 0
9.01m-10m 3 0
10.01m-11m 1 0
11.01m-12m 2 0
12.01m-13m 1 0
13.01m-14m 1 0
15.01m-16m 1 0.2 0
18.01m-19m 1 0
20.01m-21m 1 0
24.01m-25m 2 0
38.01m-39m 1 0
49.01m-50m 1 0
89.01m-90m 1 0