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 15% 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 1 0.2 0
176k-200k 1 0.2 0
201k-225k 5 3 0.1 10
226k-250k 3 3 0.2 6
251k-275k 2 0.3 0
276k-300k 1 0
301k-325k 4 8 0.3 3
326k-350k 13 10 1 0.1 7.8
351k-375k 13 14 0.2 5.6
376k-400k 31 19 0.1 9.8
401k-425k 26 27 0.2 5.8
426k-450k 53 42 1 0.1 7.6
451k-475k 51 32 0.1 9.6
476k-500k 80 50 0.1 9.6
501k-550k 174 114 1 0.1 9.2
551k-600k 154 84 1 0.1 11
601k-650k 147 74 1 0.1 11.9
651k-700k 139 67 0.1 12.4
701k-750k 116 58 0.1 12
751k-800k 140 56 0.1 15
801k-850k 89 32 0.1 16.7
851k-900k 118 33 1 0 21.5
901k-950k 54 16 0 20.3
951k-1m 95 30 0.1 19
1m-1.1m 78 28 0.1 16.7
1.1m-1.2m 67 27 0.1 14.9
1.2m-1.3m 63 24 0.1 15.8
1.3m-1.4m 64 22 0.1 17.5
1.4m-1.5m 53 16 0.1 19.9
1.5m-1.6m 50 19 0.1 15.8
1.6m-1.7m 46 7 0 39.4
1.7m-1.8m 42 14 0.1 18
1.8m-1.9m 37 13 0.1 17.1
1.9m-2m 45 11 0 24.5
2m-2.25m 57 24 0.1 14.3
2.25m-2.5m 69 24 0.1 17.3
2.5m-2.75m 33 12 0.1 16.5
2.75m-3m 37 10 0 22.2
3m-3.5m 63 14 0 27
3.5m-4m 60 12 0 30
4m-4.5m 35 10 0 21
4.5m-5m 33 8 0 24.8
5.01m-6m 60 9 0 40
6.01m-7m 36 8 0 27
7.01m-8m 33 7 0 28.3
8.01m-9m 27 1 0 162
9.01m-10m 15 2 0 45
10.01m-11m 22 3 0 44
11.01m-12m 9 2 0 27
12.01m-13m 20 5 0 24
13.01m-14m 11 2 0 33
14.01m-15m 3 0
15.01m-16m 3 2 0.1 9
16.01m-17m 5 2 0.1 15
17.01m-18m 4 1 0 24
18.01m-19m 7 0
19.01m-20m 6 0
20.01m-21m 3 0
21.01m-22m 1 0.2 0
23.01m-24m 3 0
24.01m-25m 2 0
25.01m-26m 3 0
26.01m-27m 1 0.2 0
27.01m-28m 4 0
28.01m-29m 1 0
29.01m-30m 3 0
34.01m-35m 2 0
35.01m-36m 1 0
38.01m-39m 1 0
43.01m-44m 1 0
44.01m-45m 1 0
46.01m-47m 1 0.2 0
59.01m-60m 1 0.2 0
88.01m-89m 1 0
133.01m-134m 1 0.2 0
209.01m-210m 1 0

Townhouses 15% 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
201k-225k 1 0.2 0
226k-250k 1 0.2 0
251k-275k 1 4 0.7 1.5
276k-300k 5 1 0 30
301k-325k 4 1 0 24
326k-350k 7 5 0.1 8.4
351k-375k 6 3 0.1 12
376k-400k 16 13 0.1 7.4
401k-425k 14 6 0.1 14
426k-450k 15 7 0.1 12.9
451k-475k 9 2 0 27
476k-500k 13 1 0 78
501k-550k 10 3 0.1 20
551k-600k 7 0
601k-650k 6 0
651k-700k 1 0
701k-750k 1 0
751k-800k 1 0
851k-900k 1 0.2 0
901k-950k 1 0
951k-1m 1 0.2 0
1.3m-1.4m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0
2.25m-2.5m 2 0
2.5m-2.75m 1 0.2 0
2.75m-3m 1 0

Condos 9% 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
101k-125k 2 5 0.4 2.4
126k-150k 13 6 0.1 13
151k-175k 25 13 0.1 11.5
176k-200k 44 21 0.1 12.6
201k-225k 42 22 0.1 11.5
226k-250k 100 37 1 0.1 16.2
251k-275k 115 36 0.1 19.2
276k-300k 158 59 0.1 16.1
301k-325k 130 36 0 21.7
326k-350k 156 44 0 21.3
351k-375k 104 22 0 28.4
376k-400k 120 24 0 30
401k-425k 90 24 0 22.5
426k-450k 98 21 0 28
451k-475k 50 17 0.1 17.6
476k-500k 86 24 0 21.5
501k-550k 106 34 0.1 18.7
551k-600k 101 25 0 24.2
601k-650k 71 25 0.1 17
651k-700k 65 24 0.1 16.3
701k-750k 55 17 0.1 19.4
751k-800k 65 13 0 30
801k-850k 35 12 0.1 17.5
851k-900k 45 8 0 33.8
901k-950k 25 9 0.1 16.7
951k-1m 40 8 0 30
1m-1.1m 36 8 0 27
1.1m-1.2m 45 13 0 20.8
1.2m-1.3m 40 12 0.1 20
1.3m-1.4m 36 8 0 27
1.4m-1.5m 20 6 0.1 20
1.5m-1.6m 24 7 0 20.6
1.6m-1.7m 29 2 0 87
1.7m-1.8m 25 4 0 37.5
1.8m-1.9m 17 7 0.1 14.6
1.9m-2m 20 6 0.1 20
2m-2.25m 32 4 0 48
2.25m-2.5m 49 5 0 58.8
2.5m-2.75m 20 5 0 24
2.75m-3m 39 7 0 33.4
3m-3.5m 31 6 0 31
3.5m-4m 23 4 0 34.5
4m-4.5m 10 3 0.1 20
4.5m-5m 11 2 0 33
5.01m-6m 15 1 0 90
6.01m-7m 14 1 0 84
7.01m-8m 7 0
8.01m-9m 9 0
9.01m-10m 5 2 0.1 15
10.01m-11m 3 2 0.1 9
11.01m-12m 1 0
12.01m-13m 2 0
14.01m-15m 2 0
15.01m-16m 1 0
16.01m-17m 2 0
19.01m-20m 2 0
27.01m-28m 1 0
29.01m-30m 2 0
37.01m-38m 1 0
44.01m-45m 1 0

Land 5% 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 3 2 0.1 9
26k-50k 7 5 0.1 8.4
51k-75k 41 13 0.1 18.9
76k-100k 42 6 0 42
101k-125k 39 13 0.1 18
126k-150k 49 11 0 26.7
151k-175k 28 8 0 21
176k-200k 51 8 0 38.3
201k-225k 29 3 0 58
226k-250k 36 4 0 54
251k-275k 20 0
276k-300k 40 3 0 80
301k-325k 8 2 2 0 24
326k-350k 18 1 0 108
351k-375k 11 3 0 22
376k-400k 20 4 0 30
401k-425k 5 2 0.1 15
426k-450k 12 4 0.1 18
451k-475k 8 1 0 48
476k-500k 20 1 0 120
501k-550k 6 0
551k-600k 12 3 0 24
601k-650k 3 0
651k-700k 13 1 0 78
701k-750k 7 2 0 21
751k-800k 12 1 0 72
801k-850k 3 0
851k-900k 1 2 0.3 3
901k-950k 9 0
951k-1m 6 0
1m-1.1m 4 1 0 24
1.1m-1.2m 6 1 0 36
1.2m-1.3m 3 0
1.3m-1.4m 1 0
1.4m-1.5m 5 0
1.5m-1.6m 7 1 0 42
1.6m-1.7m 6 0
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 2 0
1.9m-2m 2 1 0.1 12
2m-2.25m 3 2 0.1 9
2.25m-2.5m 8 0
2.5m-2.75m 5 0
2.75m-3m 9 0
3m-3.5m 5 1 0 30
3.5m-4m 7 0
4m-4.5m 2 1 0.1 12
4.5m-5m 5 0
5.01m-6m 5 0
6.01m-7m 4 1 0 24
7.01m-8m 9 0
8.01m-9m 1 0
9.01m-10m 2 0
11.01m-12m 2 0
12.01m-13m 1 0
15.01m-16m 1 0.2 0
17.01m-18m 1 0
18.01m-19m 1 0
24.01m-25m 2 0
49.01m-50m 1 0
89.01m-90m 1 0