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 2 3 0.3 4
76k-100k 2 10 3 0.8 1.2
101k-125k 4 31 6 1.3 0.8
126k-150k 25 80 13 0.5 1.9
151k-175k 81 124 23 0.3 3.9
176k-200k 104 141 22 0.2 4.4
201k-225k 159 261 38 0.3 3.7
226k-250k 297 351 54 0.2 5.1
251k-275k 325 383 52 0.2 5.1
276k-300k 487 484 65 0.2 6
301k-325k 392 446 53 0.2 5.3
326k-350k 265 245 32 0.2 6.5
351k-375k 139 153 28 0.2 5.5
376k-400k 134 118 21 0.1 6.8
401k-425k 66 73 10 0.2 5.4
426k-450k 72 57 9 0.1 7.6
451k-475k 49 49 5 0.2 6
476k-500k 51 53 3 0.2 5.8
501k-550k 47 52 10 0.2 5.4
551k-600k 35 39 6 0.2 5.4
601k-650k 36 17 3 0.1 12.7
651k-700k 31 24 2 0.1 7.8
701k-750k 12 18 2 0.3 4
751k-800k 16 9 2 0.1 10.7
801k-850k 2 9 0.8 1.3
851k-900k 12 10 2 0.1 7.2
901k-950k 11 4 1 0.1 16.5
951k-1m 7 3 2 0.1 14
1m-1.1m 4 6 1 0.3 4
1.1m-1.2m 14 10 0.1 8.4
1.2m-1.3m 12 2 0 36
1.3m-1.4m 6 3 2 0.1 12
1.4m-1.5m 9 0
1.5m-1.6m 4 1 0 24
1.6m-1.7m 7 1 1 0 42
1.7m-1.8m 4 2 0.1 12
1.8m-1.9m 1 0
1.9m-2m 6 4 1 0.1 9
2m-2.25m 4 1 0 24
2.25m-2.5m 9 2 0 27
2.5m-2.75m 5 2 0.1 15
2.75m-3m 9 2 0 27
3m-3.5m 8 2 0 24
3.5m-4m 5 0
4m-4.5m 2 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 4 0
8.01m-9m 1 0
9.01m-10m 1 0
10.01m-11m 1 0.2 0
11.01m-12m 1 1 0.2 6
15.01m-16m 1 0
18.01m-19m 1 0

Townhouses 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
126k-150k 2 2 0.2 6
151k-175k 4 4 2 0.2 6
176k-200k 7 7 0.2 6
201k-225k 5 16 4 0.5 1.9
226k-250k 23 27 4 0.2 5.1
251k-275k 3 3 0.2 6
276k-300k 1 0.2 0
351k-375k 1 1 0.2 6
426k-450k 2 0
476k-500k 1 0
751k-800k 3 1 0.1 18
1.6m-1.7m 1 0

Condos 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
51k-75k 1 0.2 0
76k-100k 6 10 2 0.3 3.6
101k-125k 19 18 2 0.2 6.3
126k-150k 27 13 0.1 12.5
151k-175k 13 6 0.1 13
176k-200k 4 2 0.1 12
201k-225k 5 1 0 30
226k-250k 2 1 0.1 12
301k-325k 1 0.2 0
426k-450k 2 0
476k-500k 2 0

Land 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
-24,000-0 1 0
1k-25k 118 93 12 0.1 7.6
26k-50k 396 280 37 0.1 8.5
51k-75k 179 82 10 0.1 13.1
76k-100k 45 18 2 0.1 15
101k-125k 15 12 3 0.1 7.5
126k-150k 12 2 0 36
151k-175k 5 2 1 0.1 15
176k-200k 14 2 0 42
201k-225k 5 4 1 0.1 7.5
226k-250k 12 4 1 0.1 18
251k-275k 3 1 0.1 18
276k-300k 18 3 1 0 36
301k-325k 3 0
326k-350k 7 1 0 42
376k-400k 7 2 0 21
401k-425k 4 0
426k-450k 8 1 0 48
451k-475k 4 0
476k-500k 8 3 0.1 16
501k-550k 3 4 0.2 4.5
551k-600k 8 3 0.1 16
601k-650k 3 1 0.1 18
651k-700k 5 3 3 0.1 10
701k-750k 5 2 0.1 15
751k-800k 3 0
801k-850k 4 2 1 0.1 12
851k-900k 7 0
901k-950k 3 1 0.1 18
951k-1m 8 0
1m-1.1m 4 2 1 0.1 12
1.1m-1.2m 8 1 0 48
1.2m-1.3m 4 0
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 3 0
1.6m-1.7m 4 0
1.7m-1.8m 1 0
1.8m-1.9m 2 0
1.9m-2m 1 3 0.5 2
2m-2.25m 1 0
2.25m-2.5m 9 1 1 0 54
2.5m-2.75m 1 0
2.75m-3m 4 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 2 0
5.01m-6m 4 0
12.01m-13m 1 0
17.01m-18m 1 0