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 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
51k-75k 1 0.2 0
76k-100k 1 0.2 0
151k-175k 2 1 0.3 0
176k-200k 1 1 0.2 6
201k-225k 1 1 0.2 6
226k-250k 3 3 0.2 6
251k-275k 1 3 0.5 2
276k-300k 5 12 2 0.4 2.5
301k-325k 8 20 5 0.4 2.4
326k-350k 21 23 8 0.2 5.5
351k-375k 15 25 5 0.3 3.6
376k-400k 41 65 16 0.3 3.8
401k-425k 34 64 8 0.3 3.2
426k-450k 57 99 17 0.3 3.5
451k-475k 59 84 15 0.2 4.2
476k-500k 115 110 28 0.2 6.3
501k-550k 183 205 38 0.2 5.4
551k-600k 184 189 45 0.2 5.8
601k-650k 172 164 29 0.2 6.3
651k-700k 169 150 27 0.1 6.8
701k-750k 152 106 28 0.1 8.6
751k-800k 163 108 20 0.1 9.1
801k-850k 107 91 18 0.1 7.1
851k-900k 135 88 16 0.1 9.2
901k-950k 59 70 15 0.2 5.1
951k-1m 122 72 16 0.1 10.2
1m-1.1m 87 73 11 0.1 7.2
1.1m-1.2m 70 72 10 0.2 5.8
1.2m-1.3m 100 69 20 0.1 8.7
1.3m-1.4m 79 54 9 0.1 8.8
1.4m-1.5m 69 53 17 0.1 7.8
1.5m-1.6m 59 52 14 0.1 6.8
1.6m-1.7m 39 41 10 0.2 5.7
1.7m-1.8m 55 46 4 0.1 7.2
1.8m-1.9m 36 33 10 0.2 6.5
1.9m-2m 65 37 9 0.1 10.5
2m-2.25m 54 69 10 0.2 4.7
2.25m-2.5m 70 55 12 0.1 7.6
2.5m-2.75m 40 41 9 0.2 5.9
2.75m-3m 68 46 5 0.1 8.9
3m-3.5m 89 59 14 0.1 9.1
3.5m-4m 87 41 10 0.1 12.7
4m-4.5m 52 27 4 0.1 11.6
4.5m-5m 34 22 4 0.1 9.3
5.01m-6m 78 34 5 0.1 13.8
6.01m-7m 62 32 3 0.1 11.6
7.01m-8m 36 19 3 0.1 11.4
8.01m-9m 24 15 3 0.1 9.6
9.01m-10m 24 9 1 0.1 16
10.01m-11m 16 11 2 0.1 8.7
11.01m-12m 17 6 1 0.1 17
12.01m-13m 19 3 0 38
13.01m-14m 7 1 0 42
14.01m-15m 7 2 0 21
15.01m-16m 1 5 0.8 1.2
16.01m-17m 3 2 0.1 9
17.01m-18m 10 2 0 30
18.01m-19m 7 2 0 21
19.01m-20m 2 1 0.1 12
20.01m-21m 1 0.2 0
21.01m-22m 2 0
23.01m-24m 1 0
24.01m-25m 1 0.2 0
25.01m-26m 3 0
26.01m-27m 1 0.2 0
27.01m-28m 5 0
28.01m-29m 1 0.2 0
29.01m-30m 3 0
31.01m-32m 1 0
32.01m-33m 1 0
33.01m-34m 2 0
34.01m-35m 2 1 1 0.1 12
35.01m-36m 1 0
36.01m-37m 1 0
38.01m-39m 2 0
39.01m-40m 1 1 0.2 6
41.01m-42m 2 0
43.01m-44m 2 0
54.01m-55m 1 0.2 0
59.01m-60m 1 0
88.01m-89m 1 0
270.01m-271m 1 0

Townhouses 10% 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
176k-200k 1 0.2 0
201k-225k 1 1 0.2 6
226k-250k 1 0
251k-275k 3 3 0.2 6
276k-300k 7 7 1 0.2 6
301k-325k 7 9 0.2 4.7
326k-350k 9 6 0.1 9
351k-375k 19 11 1 0.1 10.4
376k-400k 34 9 1 0 22.7
401k-425k 14 14 4 0.2 6
426k-450k 20 8 1 0.1 15
451k-475k 9 5 0.1 10.8
476k-500k 10 4 1 0.1 15
501k-550k 7 10 3 0.2 4.2
551k-600k 9 1 1 0 54
601k-650k 7 2 2 0 21
651k-700k 2 1 0.1 12
701k-750k 1 0
751k-800k 2 0
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 2 0
1.6m-1.7m 1 1 0.2 6
1.8m-1.9m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 1 1 0.2 6
3m-3.5m 1 0
4m-4.5m 1 0

Condos 14% 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 4 0
51k-75k 1 0
76k-100k 3 1 0.1 18
101k-125k 5 11 3 0.4 2.7
126k-150k 27 20 4 0.1 8.1
151k-175k 36 46 8 0.2 4.7
176k-200k 84 68 11 0.1 7.4
201k-225k 74 81 15 0.2 5.5
226k-250k 130 124 22 0.2 6.3
251k-275k 164 122 26 0.1 8.1
276k-300k 195 134 29 0.1 8.7
301k-325k 139 103 14 0.1 8.1
326k-350k 176 102 23 0.1 10.4
351k-375k 120 82 16 0.1 8.8
376k-400k 152 93 19 0.1 9.8
401k-425k 100 72 9 0.1 8.3
426k-450k 120 73 14 0.1 9.9
451k-475k 69 47 10 0.1 8.8
476k-500k 127 63 21 0.1 12.1
501k-550k 159 83 14 0.1 11.5
551k-600k 123 74 16 0.1 10
601k-650k 72 68 15 0.2 6.4
651k-700k 94 79 15 0.1 7.1
701k-750k 70 54 5 0.1 7.8
751k-800k 70 54 12 0.1 7.8
801k-850k 48 45 6 0.2 6.4
851k-900k 45 35 5 0.1 7.7
901k-950k 35 26 3 0.1 8.1
951k-1m 54 29 6 0.1 11.2
1m-1.1m 43 26 7 0.1 9.9
1.1m-1.2m 61 40 10 0.1 9.2
1.2m-1.3m 47 40 9 0.1 7.1
1.3m-1.4m 57 21 4 0.1 16.3
1.4m-1.5m 36 30 6 0.1 7.2
1.5m-1.6m 42 36 7 0.1 7
1.6m-1.7m 25 19 3 0.1 7.9
1.7m-1.8m 31 25 4 0.1 7.4
1.8m-1.9m 30 21 5 0.1 8.6
1.9m-2m 27 29 9 0.2 5.6
2m-2.25m 37 23 5 0.1 9.7
2.25m-2.5m 42 33 12 0.1 7.6
2.5m-2.75m 27 31 10 0.2 5.2
2.75m-3m 38 25 2 0.1 9.1
3m-3.5m 34 22 3 0.1 9.3
3.5m-4m 25 21 8 0.1 7.1
4m-4.5m 16 6 0.1 16
4.5m-5m 24 8 2 0.1 18
5.01m-6m 25 15 3 0.1 10
6.01m-7m 14 9 0.1 9.3
7.01m-8m 8 7 1 0.1 6.9
8.01m-9m 11 1 1 0 66
9.01m-10m 6 6 2 0.2 6
10.01m-11m 5 3 0.1 10
11.01m-12m 3 1 0.1 18
12.01m-13m 2 1 0.1 12
13.01m-14m 3 1 1 0.1 18
14.01m-15m 2 0.3 0
15.01m-16m 1 0
17.01m-18m 1 0
18.01m-19m 1 0
24.01m-25m 1 0
25.01m-26m 1 0.2 0
29.01m-30m 3 0
34.01m-35m 1 0
36.01m-37m 1 0
37.01m-38m 1 0
49.01m-50m 1 0

Land 6% 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 7 7 1 0.2 6
26k-50k 23 18 3 0.1 7.7
51k-75k 54 26 6 0.1 12.5
76k-100k 79 25 5 0.1 19
101k-125k 73 21 3 0 20.9
126k-150k 71 35 5 0.1 12.2
151k-175k 57 35 3 0.1 9.8
176k-200k 81 31 4 0.1 15.7
201k-225k 34 12 2 0.1 17
226k-250k 51 9 2 0 34
251k-275k 27 9 1 0.1 18
276k-300k 49 8 0 36.8
301k-325k 13 6 1 0.1 13
326k-350k 25 7 2 0 21.4
351k-375k 20 3 0 40
376k-400k 31 6 1 0 31
401k-425k 9 0
426k-450k 18 1 0 108
451k-475k 8 1 0 48
476k-500k 21 1 0 126
501k-550k 11 6 1 0.1 11
551k-600k 19 6 1 0.1 19
601k-650k 7 5 1 0.1 8.4
651k-700k 12 1 0 72
701k-750k 6 0
751k-800k 11 2 0 33
801k-850k 6 2 1 0.1 18
851k-900k 8 0
901k-950k 5 1 0 30
951k-1m 9 0
1m-1.1m 6 0
1.1m-1.2m 6 0
1.2m-1.3m 7 2 1 0 21
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 6 0
1.5m-1.6m 6 1 0 36
1.6m-1.7m 3 2 1 0.1 9
1.7m-1.8m 5 0
1.8m-1.9m 1 2 1 0.3 3
1.9m-2m 3 1 0.1 18
2m-2.25m 3 0
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 5 1 0 30
2.75m-3m 7 1 1 0 42
3m-3.5m 9 3 0.1 18
3.5m-4m 6 2 2 0.1 18
4m-4.5m 9 2 1 0 27
4.5m-5m 3 1 0.1 18
5.01m-6m 5 3 1 0.1 10
6.01m-7m 4 3 1 0.1 8
7.01m-8m 6 0
8.01m-9m 1 0
9.01m-10m 3 0
10.01m-11m 1 1 1 0.2 6
11.01m-12m 1 0
14.01m-15m 1 0
19.01m-20m 1 0.2 0
24.01m-25m 1 0
28.01m-29m 1 0
30.01m-31m 1 0
34.01m-35m 1 0
36.01m-37m 1 0.2 0
38.01m-39m 1 0
49.01m-50m 1 0
89.01m-90m 1 0
194.01m-195m 1 0