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 1 0.2 6
51k-75k 5 1 0.8 0
76k-100k 4 14 4 0.6 1.7
101k-125k 12 29 8 0.4 2.5
126k-150k 41 82 13 0.3 3
151k-175k 82 106 16 0.2 4.6
176k-200k 119 148 32 0.2 4.8
201k-225k 130 239 37 0.3 3.3
226k-250k 279 379 63 0.2 4.4
251k-275k 265 374 77 0.2 4.3
276k-300k 448 415 62 0.2 6.5
301k-325k 302 296 57 0.2 6.1
326k-350k 250 183 31 0.1 8.2
351k-375k 122 135 25 0.2 5.4
376k-400k 108 88 12 0.1 7.4
401k-425k 75 70 21 0.2 6.4
426k-450k 77 59 10 0.1 7.8
451k-475k 57 48 7 0.1 7.1
476k-500k 40 42 11 0.2 5.7
501k-550k 54 40 10 0.1 8.1
551k-600k 53 24 5 0.1 13.3
601k-650k 34 24 6 0.1 8.5
651k-700k 23 14 2 0.1 9.9
701k-750k 13 9 1 0.1 8.7
751k-800k 17 13 1 0.1 7.8
801k-850k 11 7 2 0.1 9.4
851k-900k 12 5 0.1 14.4
901k-950k 10 5 0.1 12
951k-1m 11 4 0.1 16.5
1m-1.1m 10 10 2 0.2 6
1.1m-1.2m 9 6 2 0.1 9
1.2m-1.3m 17 1 0 102
1.3m-1.4m 7 3 1 0.1 14
1.4m-1.5m 9 4 1 0.1 13.5
1.5m-1.6m 12 3 1 0 24
1.6m-1.7m 6 0
1.7m-1.8m 2 2 0.2 6
1.8m-1.9m 3 1 0.1 18
1.9m-2m 6 1 0 36
2m-2.25m 9 3 1 0.1 18
2.25m-2.5m 11 0
2.5m-2.75m 9 0
2.75m-3m 6 1 0 36
3m-3.5m 8 1 0 48
3.5m-4m 7 0
4m-4.5m 2 0
5.01m-6m 3 0
6.01m-7m 1 2 0.3 3
7.01m-8m 1 0
8.01m-9m 1 2 0.3 3
9.01m-10m 3 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 3 1 0.5 2
126k-150k 3 4 0.2 4.5
151k-175k 4 3 0.1 8
176k-200k 8 5 1 0.1 9.6
201k-225k 9 22 0.4 2.5
226k-250k 12 13 2 0.2 5.5
251k-275k 2 1 0.1 12
276k-300k 1 0.2 0
326k-350k 1 0
426k-450k 1 0
476k-500k 1 0
751k-800k 1 1 0.2 0

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 2 2 0.2 6
76k-100k 10 9 2 0.2 6.7
101k-125k 24 15 3 0.1 9.6
126k-150k 35 9 1 0 23.3
151k-175k 13 2 0 39
176k-200k 7 1 0 42
201k-225k 6 3 0.1 12
226k-250k 2 0
326k-350k 1 1 0.2 6
376k-400k 1 0
426k-450k 2 0.3 0
451k-475k 3 2 0.1 9
476k-500k 2 0.3 0
1.4m-1.5m 1 0.2 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 104 106 21 0.2 5.9
26k-50k 413 211 42 0.1 11.7
51k-75k 135 53 6 0.1 15.3
76k-100k 42 17 1 0.1 14.8
101k-125k 19 9 0.1 12.7
126k-150k 12 6 0.1 12
151k-175k 10 5 3 0.1 12
176k-200k 13 3 1 0 26
201k-225k 10 4 2 0.1 15
226k-250k 10 4 1 0.1 15
251k-275k 3 1 1 0.1 18
276k-300k 11 3 0 22
301k-325k 7 5 2 0.1 8.4
326k-350k 6 0
351k-375k 1 1 0.2 0
376k-400k 5 2 0.1 15
401k-425k 2 1 0.1 12
426k-450k 6 1 0 36
451k-475k 2 0
476k-500k 7 0
501k-550k 5 2 0.1 15
551k-600k 13 1 0 78
601k-650k 5 0
651k-700k 2 1 0.1 12
701k-750k 5 0
751k-800k 4 0
801k-850k 7 2 0 21
851k-900k 4 0
901k-950k 2 0
951k-1m 9 0
1m-1.1m 4 0
1.1m-1.2m 6 0
1.2m-1.3m 4 1 1 0 24
1.3m-1.4m 4 0
1.4m-1.5m 6 1 0 36
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 1 0
1.7m-1.8m 4 1 1 0 24
1.8m-1.9m 3 0
1.9m-2m 1 0.2 0
2m-2.25m 3 0
2.25m-2.5m 5 0
2.75m-3m 3 2 1 0.1 9
3.5m-4m 3 0
4m-4.5m 4 0
4.5m-5m 1 0
5.01m-6m 5 0
7.01m-8m 1 0
10.01m-11m 1 0
12.01m-13m 1 0
17.01m-18m 1 0
24.01m-25m 1 0