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 17% 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 2 0.3 0
151k-175k 1 1 0.2 0
176k-200k 1 1 0.2 6
201k-225k 2 1 0.1 12
226k-250k 3 5 1 0.3 3.6
251k-275k 1 3 0.5 2
276k-300k 7 10 0.2 4.2
301k-325k 7 15 3 0.4 2.8
326k-350k 18 22 4 0.2 4.9
351k-375k 19 25 4 0.2 4.6
376k-400k 44 58 5 0.2 4.6
401k-425k 32 63 11 0.3 3
426k-450k 62 105 26 0.3 3.5
451k-475k 52 85 16 0.3 3.7
476k-500k 123 89 24 0.1 8.3
501k-550k 204 203 35 0.2 6
551k-600k 206 162 38 0.1 7.6
601k-650k 188 139 21 0.1 8.1
651k-700k 179 137 31 0.1 7.8
701k-750k 142 87 22 0.1 9.8
751k-800k 162 109 23 0.1 8.9
801k-850k 122 81 14 0.1 9
851k-900k 130 77 19 0.1 10.1
901k-950k 77 59 14 0.1 7.8
951k-1m 124 70 21 0.1 10.6
1m-1.1m 108 64 13 0.1 10.1
1.1m-1.2m 83 67 22 0.1 7.4
1.2m-1.3m 109 62 23 0.1 10.5
1.3m-1.4m 65 47 7 0.1 8.3
1.4m-1.5m 79 46 14 0.1 10.3
1.5m-1.6m 71 37 6 0.1 11.5
1.6m-1.7m 54 37 18 0.1 8.8
1.7m-1.8m 50 44 14 0.1 6.8
1.8m-1.9m 49 34 8 0.1 8.6
1.9m-2m 64 29 8 0.1 13.2
2m-2.25m 56 59 13 0.2 5.7
2.25m-2.5m 94 56 25 0.1 10.1
2.5m-2.75m 49 33 5 0.1 8.9
2.75m-3m 81 40 6 0.1 12.1
3m-3.5m 90 52 20 0.1 10.4
3.5m-4m 93 36 7 0.1 15.5
4m-4.5m 60 27 9 0.1 13.3
4.5m-5m 33 22 5 0.1 9
5.01m-6m 80 32 8 0.1 15
6.01m-7m 63 31 4 0.1 12.2
7.01m-8m 46 18 3 0.1 15.3
8.01m-9m 30 15 5 0.1 12
9.01m-10m 24 9 2 0.1 16
10.01m-11m 19 8 2 0.1 14.3
11.01m-12m 21 6 1 0 21
12.01m-13m 16 4 2 0 24
13.01m-14m 9 1 0 54
14.01m-15m 7 3 2 0.1 14
15.01m-16m 3 1 0.1 18
16.01m-17m 4 3 1 0.1 8
17.01m-18m 8 2 1 0 24
18.01m-19m 6 4 1 0.1 9
19.01m-20m 3 1 0.1 18
20.01m-21m 3 0
21.01m-22m 1 0
22.01m-23m 2 0
23.01m-24m 1 0
24.01m-25m 2 1 0.3 0
25.01m-26m 3 0
26.01m-27m 1 0
27.01m-28m 5 0
29.01m-30m 3 1 1 0.1 18
33.01m-34m 1 0
34.01m-35m 2 1 0.1 12
35.01m-36m 1 0
38.01m-39m 3 0
39.01m-40m 1 0
41.01m-42m 1 0
42.01m-43m 1 1 0.2 0
43.01m-44m 2 0
44.01m-45m 1 0
49.01m-50m 1 0
54.01m-55m 1 0.2 0
59.01m-60m 1 0
88.01m-89m 1 0
270.01m-271m 1 0

Townhouses 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
151k-175k 1 0
176k-200k 1 1 0.2 6
201k-225k 3 0
226k-250k 1 0.2 0
251k-275k 2 1 0.1 12
276k-300k 9 8 1 0.1 6.8
301k-325k 6 7 0.2 5.1
326k-350k 8 7 4 0.1 6.9
351k-375k 17 9 0.1 11.3
376k-400k 28 12 3 0.1 14
401k-425k 17 9 4 0.1 11.3
426k-450k 19 10 1 0.1 11.4
451k-475k 10 4 1 0.1 15
476k-500k 12 5 3 0.1 14.4
501k-550k 14 5 0.1 16.8
551k-600k 12 2 1 0 36
601k-650k 8 1 0 48
651k-700k 1 0
701k-750k 1 1 1 0.2 6
751k-800k 1 0
851k-900k 1 0
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 1 0
1.6m-1.7m 1 1 1 0.2 6
1.7m-1.8m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 1 0.2 6
2.75m-3m 1 0.2 0
4m-4.5m 1 1 0.2 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
51k-75k 7 0
76k-100k 1 4 0.7 1.5
101k-125k 7 9 0.2 4.7
126k-150k 30 17 1 0.1 10.6
151k-175k 41 37 5 0.2 6.6
176k-200k 81 59 14 0.1 8.2
201k-225k 82 80 16 0.2 6.1
226k-250k 150 107 27 0.1 8.4
251k-275k 165 101 25 0.1 9.8
276k-300k 224 125 31 0.1 10.8
301k-325k 152 96 22 0.1 9.5
326k-350k 190 97 28 0.1 11.8
351k-375k 125 77 23 0.1 9.7
376k-400k 163 81 20 0.1 12.1
401k-425k 118 66 13 0.1 10.7
426k-450k 133 61 12 0.1 13.1
451k-475k 88 44 14 0.1 12
476k-500k 149 58 20 0.1 15.4
501k-550k 170 95 23 0.1 10.7
551k-600k 138 65 18 0.1 12.7
601k-650k 94 60 21 0.1 9.4
651k-700k 100 72 23 0.1 8.3
701k-750k 73 47 12 0.1 9.3
751k-800k 88 45 10 0.1 11.7
801k-850k 49 37 10 0.1 7.9
851k-900k 58 37 6 0.1 9.4
901k-950k 36 25 4 0.1 8.6
951k-1m 61 16 6 0 22.9
1m-1.1m 42 25 2 0.1 10.1
1.1m-1.2m 69 32 11 0.1 12.9
1.2m-1.3m 55 32 10 0.1 10.3
1.3m-1.4m 48 24 9 0.1 12
1.4m-1.5m 46 27 8 0.1 10.2
1.5m-1.6m 44 28 5 0.1 9.4
1.6m-1.7m 28 22 6 0.1 7.6
1.7m-1.8m 30 23 4 0.1 7.8
1.8m-1.9m 43 16 5 0.1 16.1
1.9m-2m 35 23 6 0.1 9.1
2m-2.25m 40 21 9 0.1 11.4
2.25m-2.5m 58 30 13 0.1 11.6
2.5m-2.75m 35 24 5 0.1 8.8
2.75m-3m 41 26 6 0.1 9.5
3m-3.5m 38 22 3 0.1 10.4
3.5m-4m 28 14 3 0.1 12
4m-4.5m 20 8 3 0.1 15
4.5m-5m 21 6 0 21
5.01m-6m 25 10 7 0.1 15
6.01m-7m 17 8 4 0.1 12.8
7.01m-8m 11 5 1 0.1 13.2
8.01m-9m 11 0
9.01m-10m 6 5 1 0.1 7.2
10.01m-11m 5 3 0.1 10
11.01m-12m 4 1 0 24
12.01m-13m 2 0
13.01m-14m 2 2 2 0.2 6
14.01m-15m 1 0.2 0
15.01m-16m 1 1 0.2 6
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 1 1 0.2 6
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 3 1 0.1 14
26k-50k 24 18 3 0.1 8
51k-75k 55 22 6 0.1 15
76k-100k 86 22 8 0 23.5
101k-125k 67 25 3 0.1 16.1
126k-150k 71 36 4 0.1 11.8
151k-175k 53 31 6 0.1 10.3
176k-200k 73 36 11 0.1 12.2
201k-225k 32 9 2 0 21.3
226k-250k 49 14 3 0 21
251k-275k 36 10 3 0 21.6
276k-300k 43 14 6 0.1 18.4
301k-325k 16 8 1 0.1 12
326k-350k 31 4 0 46.5
351k-375k 14 4 0 21
376k-400k 33 5 0 39.6
401k-425k 8 1 0 48
426k-450k 14 2 0 42
451k-475k 9 2 0 27
476k-500k 22 0
501k-550k 15 7 2 0.1 12.9
551k-600k 20 4 0 30
601k-650k 10 5 1 0.1 12
651k-700k 11 1 1 0 66
701k-750k 8 0
751k-800k 12 2 0 36
801k-850k 4 1 0 24
851k-900k 9 0
901k-950k 7 1 0 42
951k-1m 8 0
1m-1.1m 7 1 0 42
1.1m-1.2m 4 0
1.2m-1.3m 7 1 0 42
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 12 0
1.5m-1.6m 5 1 0 30
1.6m-1.7m 4 0
1.7m-1.8m 5 0
1.8m-1.9m 1 0
1.9m-2m 4 1 1 0 24
2m-2.25m 4 1 1 0 24
2.25m-2.5m 6 2 1 0.1 18
2.5m-2.75m 4 2 0.1 12
2.75m-3m 9 1 0 54
3m-3.5m 9 2 1 0 27
3.5m-4m 7 1 0 42
4m-4.5m 9 1 0 54
4.5m-5m 3 1 0.1 18
5.01m-6m 6 2 2 0.1 18
6.01m-7m 6 3 0.1 12
7.01m-8m 7 0
8.01m-9m 1 0
9.01m-10m 3 0
10.01m-11m 1 0
11.01m-12m 1 0
14.01m-15m 1 0
18.01m-19m 1 0
19.01m-20m 1 0.2 0
24.01m-25m 2 0
38.01m-39m 1 0
49.01m-50m 1 0
89.01m-90m 1 0