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 16% 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 4 0.2 4.5
251k-275k 6 1 0
276k-300k 1 7 1.2 0.9
301k-325k 4 12 0.5 2
326k-350k 13 15 0.2 5.2
351k-375k 13 21 0.3 3.7
376k-400k 31 27 0.1 6.9
401k-425k 27 40 0.2 4.1
426k-450k 53 57 0.2 5.6
451k-475k 51 61 0.2 5
476k-500k 80 89 0.2 5.4
501k-550k 174 180 1 0.2 5.8
551k-600k 154 117 0.1 7.9
601k-650k 148 113 0.1 7.9
651k-700k 140 103 1 0.1 8.2
701k-750k 115 84 0.1 8.2
751k-800k 140 87 0.1 9.7
801k-850k 88 48 0.1 11
851k-900k 119 51 1 0.1 14
901k-950k 55 34 0.1 9.7
951k-1m 95 51 0.1 11.2
1m-1.1m 78 48 0.1 9.8
1.1m-1.2m 67 38 0.1 10.6
1.2m-1.3m 63 44 0.1 8.6
1.3m-1.4m 64 37 0.1 10.4
1.4m-1.5m 53 29 0.1 11
1.5m-1.6m 50 30 0.1 10
1.6m-1.7m 46 18 0.1 15.3
1.7m-1.8m 42 25 0.1 10.1
1.8m-1.9m 37 18 0.1 12.3
1.9m-2m 46 14 0.1 19.7
2m-2.25m 57 32 0.1 10.7
2.25m-2.5m 70 43 0.1 9.8
2.5m-2.75m 33 22 0.1 9
2.75m-3m 38 20 0.1 11.4
3m-3.5m 63 25 0.1 15.1
3.5m-4m 60 21 0.1 17.1
4m-4.5m 35 19 0.1 11.1
4.5m-5m 33 12 0.1 16.5
5.01m-6m 60 19 0.1 18.9
6.01m-7m 36 15 0.1 14.4
7.01m-8m 33 10 0.1 19.8
8.01m-9m 27 4 0 40.5
9.01m-10m 15 3 0 30
10.01m-11m 22 4 0 33
11.01m-12m 9 5 0.1 10.8
12.01m-13m 20 9 0.1 13.3
13.01m-14m 11 2 0 33
14.01m-15m 3 1 0.1 18
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 1 0 42
19.01m-20m 6 1 0 36
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 2 0.3 0
27.01m-28m 4 0
28.01m-29m 1 0
29.01m-30m 3 0
33.01m-34m 1 0.2 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 3 0.5 0
251k-275k 1 5 0.8 1.2
276k-300k 5 2 0.1 15
301k-325k 4 3 0.1 8
326k-350k 7 5 0.1 8.4
351k-375k 6 5 0.1 7.2
376k-400k 16 20 0.2 4.8
401k-425k 14 8 0.1 10.5
426k-450k 15 13 0.1 6.9
451k-475k 9 5 0.1 10.8
476k-500k 13 2 0 39
501k-550k 10 5 0.1 12
551k-600k 7 1 0 42
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
1.1m-1.2m 1 0.2 0
1.2m-1.3m 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 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
51k-75k 2 0
76k-100k 1 0.2 0
101k-125k 2 8 0.7 1.5
126k-150k 13 10 0.1 7.8
151k-175k 25 20 1 0.1 7.5
176k-200k 44 33 0.1 8
201k-225k 42 45 0.2 5.6
226k-250k 99 62 0.1 9.6
251k-275k 114 58 0.1 11.8
276k-300k 157 94 1 0.1 10
301k-325k 130 57 0.1 13.7
326k-350k 156 66 0.1 14.2
351k-375k 103 40 0.1 15.5
376k-400k 120 39 0.1 18.5
401k-425k 90 44 0.1 12.3
426k-450k 98 39 0.1 15.1
451k-475k 50 33 0.1 9.1
476k-500k 86 49 0.1 10.5
501k-550k 105 56 0.1 11.3
551k-600k 102 54 0.1 11.3
601k-650k 71 50 0.1 8.5
651k-700k 65 41 0.1 9.5
701k-750k 55 26 0.1 12.7
751k-800k 65 24 0.1 16.3
801k-850k 35 18 0.1 11.7
851k-900k 45 18 0.1 15
901k-950k 25 21 0.1 7.1
951k-1m 40 15 0.1 16
1m-1.1m 36 20 0.1 10.8
1.1m-1.2m 45 25 0.1 10.8
1.2m-1.3m 40 23 0.1 10.4
1.3m-1.4m 36 16 0.1 13.5
1.4m-1.5m 19 11 0.1 10.4
1.5m-1.6m 24 15 0.1 9.6
1.6m-1.7m 29 7 0 24.9
1.7m-1.8m 25 10 0.1 15
1.8m-1.9m 17 11 0.1 9.3
1.9m-2m 20 6 0.1 20
2m-2.25m 31 13 0.1 14.3
2.25m-2.5m 49 10 0 29.4
2.5m-2.75m 20 12 0.1 10
2.75m-3m 39 10 0 23.4
3m-3.5m 31 14 0.1 13.3
3.5m-4m 23 9 0.1 15.3
4m-4.5m 10 4 0.1 15
4.5m-5m 11 5 0.1 13.2
5.01m-6m 15 2 0 45
6.01m-7m 14 3 0 28
7.01m-8m 7 0
8.01m-9m 9 0
9.01m-10m 5 3 0.1 10
10.01m-11m 3 3 0.2 6
11.01m-12m 1 0
12.01m-13m 2 0
14.01m-15m 2 0
15.01m-16m 1 0
16.01m-17m 2 1 0.1 12
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 6 2 0.1 18
26k-50k 11 13 0.2 5.1
51k-75k 61 19 0.1 19.3
76k-100k 59 18 0.1 19.7
101k-125k 53 26 0.1 12.2
126k-150k 62 18 0 20.7
151k-175k 37 15 0.1 14.8
176k-200k 71 13 0 32.8
201k-225k 29 8 0 21.8
226k-250k 45 7 0 38.6
251k-275k 24 0
276k-300k 50 7 0 42.9
301k-325k 13 2 0 39
326k-350k 23 1 0 138
351k-375k 12 4 0.1 18
376k-400k 24 6 0 24
401k-425k 6 5 0.1 7.2
426k-450k 13 5 0.1 15.6
451k-475k 8 1 0 48
476k-500k 27 3 0 54
501k-550k 6 0
551k-600k 12 3 0 24
601k-650k 3 0
651k-700k 14 1 0 84
701k-750k 7 3 0.1 14
751k-800k 15 1 0 90
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 5 0
1.3m-1.4m 1 0
1.4m-1.5m 6 1 0 36
1.5m-1.6m 9 1 0 54
1.6m-1.7m 6 0
1.7m-1.8m 4 1 0 24
1.8m-1.9m 2 0
1.9m-2m 2 1 0.1 12
2m-2.25m 4 3 0.1 8
2.25m-2.5m 8 1 0 48
2.5m-2.75m 5 1 0 30
2.75m-3m 9 1 0 54
3m-3.5m 6 1 0 36
3.5m-4m 7 1 0 42
4m-4.5m 3 3 0.2 6
4.5m-5m 5 1 0 30
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 1 0.2 6
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