Supply & Demand in Ocala, 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 0% 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 1 0
51k-75k 1 4 2 0.7 1.5
76k-100k 3 15 2 0.8 1.2
101k-125k 5 31 1 1 1
126k-150k 51 77 12 0.3 4
151k-175k 72 112 14 0.3 3.9
176k-200k 139 139 20 0.2 6
201k-225k 161 253 37 0.3 3.8
226k-250k 277 369 64 0.2 4.5
251k-275k 285 357 54 0.2 4.8
276k-300k 436 442 71 0.2 5.9
301k-325k 330 325 42 0.2 6.1
326k-350k 246 191 23 0.1 7.7
351k-375k 134 142 23 0.2 5.7
376k-400k 109 108 18 0.2 6.1
401k-425k 62 62 5 0.2 6
426k-450k 82 59 14 0.1 8.3
451k-475k 45 56 4 0.2 4.8
476k-500k 46 41 7 0.1 6.7
501k-550k 39 55 5 0.2 4.3
551k-600k 57 30 1 0.1 11.4
601k-650k 34 21 3 0.1 9.7
651k-700k 16 18 2 0.2 5.3
701k-750k 13 12 0.2 6.5
751k-800k 20 12 2 0.1 10
801k-850k 6 10 1 0.3 3.6
851k-900k 16 10 1 0.1 9.6
901k-950k 9 4 0.1 13.5
951k-1m 15 6 0.1 15
1m-1.1m 1 8 2 1.3 0.8
1.1m-1.2m 13 6 0.1 13
1.2m-1.3m 11 1 0 66
1.3m-1.4m 6 4 0.1 9
1.4m-1.5m 7 3 2 0.1 14
1.5m-1.6m 10 3 0.1 20
1.6m-1.7m 5 1 0 30
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 2 2 0.2 6
1.9m-2m 4 3 0.1 8
2m-2.25m 4 3 1 0.1 8
2.25m-2.5m 8 1 0 48
2.5m-2.75m 9 0
2.75m-3m 9 1 0 54
3m-3.5m 8 3 0.1 16
3.5m-4m 7 1 0 42
4m-4.5m 3 0
5.01m-6m 2 0
6.01m-7m 2 2 0.3 0
8.01m-9m 1 2 0.3 3
9.01m-10m 1 0
11.01m-12m 1 0
12.01m-13m 1 0
18.01m-19m 1 0

Townhouses % 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
101k-125k 1 2 1 0.3 3
126k-150k 3 3 1 0.2 6
151k-175k 3 4 0.2 4.5
176k-200k 3 7 1 0.4 2.6
201k-225k 9 19 6 0.4 2.8
226k-250k 13 24 3 0.3 3.3
251k-275k 1 0.2 0
276k-300k 1 1 0.2 6
426k-450k 1 0
476k-500k 1 0
751k-800k 2 1 0.1 12

Condos % 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 6 9 1 0.3 4
101k-125k 26 15 1 0.1 10.4
126k-150k 22 8 0.1 16.5
151k-175k 16 2 0 48
176k-200k 6 1 0 36
201k-225k 5 3 2 0.1 10
226k-250k 2 0
326k-350k 1 1 0.2 6
376k-400k 1 0
426k-450k 1 0.2 0
451k-475k 2 1 0.1 12
476k-500k 2 1 0.1 12
1.6m-1.7m 1 0

Land % 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 115 83 12 0.1 8.3
26k-50k 354 240 36 0.1 8.9
51k-75k 150 46 9 0.1 19.6
76k-100k 34 19 3 0.1 10.7
101k-125k 15 14 2 0.2 6.4
126k-150k 11 4 0.1 16.5
151k-175k 12 4 1 0.1 18
176k-200k 13 4 0.1 19.5
201k-225k 10 4 0.1 15
226k-250k 11 4 1 0.1 16.5
251k-275k 1 1 0.2 6
276k-300k 12 5 1 0.1 14.4
301k-325k 5 1 1 0 30
326k-350k 6 0
351k-375k 1 0
376k-400k 4 2 0.1 12
401k-425k 2 2 0.3 0
426k-450k 6 1 1 0 36
451k-475k 2 0
476k-500k 7 1 0 42
501k-550k 6 1 0 36
551k-600k 13 1 1 0 78
601k-650k 6 0
651k-700k 3 4 0.2 4.5
701k-750k 4 0
751k-800k 4 0
801k-850k 5 3 1 0.1 10
851k-900k 7 0
901k-950k 5 0
951k-1m 10 0
1m-1.1m 3 1 0.1 18
1.1m-1.2m 6 0
1.2m-1.3m 2 0
1.3m-1.4m 5 0
1.4m-1.5m 4 0
1.5m-1.6m 2 1 1 0.1 12
1.6m-1.7m 2 0
1.7m-1.8m 3 0
1.8m-1.9m 3 0
1.9m-2m 2 0
2m-2.25m 3 0
2.25m-2.5m 8 1 0 48
2.5m-2.75m 1 0
2.75m-3m 3 1 0.1 18
3.5m-4m 3 0
4m-4.5m 2 0
4.5m-5m 3 1 0.1 18
5.01m-6m 5 0
7.01m-8m 1 0
12.01m-13m 1 0
17.01m-18m 1 0
24.01m-25m 1 0