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 0.2 0
51k-75k 1 3 1 0.5 2
76k-100k 2 11 2 0.9 1.1
101k-125k 6 33 3 0.9 1.1
126k-150k 31 77 13 0.4 2.4
151k-175k 83 115 16 0.2 4.3
176k-200k 123 131 24 0.2 5.6
201k-225k 150 235 42 0.3 3.8
226k-250k 297 334 53 0.2 5.3
251k-275k 329 370 60 0.2 5.3
276k-300k 469 459 72 0.2 6.1
301k-325k 387 409 56 0.2 5.7
326k-350k 271 233 44 0.1 7
351k-375k 162 152 22 0.2 6.4
376k-400k 135 108 19 0.1 7.5
401k-425k 69 74 12 0.2 5.6
426k-450k 79 58 7 0.1 8.2
451k-475k 53 52 10 0.2 6.1
476k-500k 47 51 7 0.2 5.5
501k-550k 52 51 6 0.2 6.1
551k-600k 48 32 2 0.1 9
601k-650k 38 20 6 0.1 11.4
651k-700k 25 22 1 0.1 6.8
701k-750k 10 14 1 0.2 4.3
751k-800k 22 11 3 0.1 12
801k-850k 5 8 2 0.3 3.8
851k-900k 13 9 1 0.1 8.7
901k-950k 9 3 0.1 18
951k-1m 9 4 1 0.1 13.5
1m-1.1m 5 7 2 0.2 4.3
1.1m-1.2m 12 9 2 0.1 8
1.2m-1.3m 14 1 0 84
1.3m-1.4m 6 3 0.1 12
1.4m-1.5m 8 0
1.5m-1.6m 5 2 1 0.1 15
1.6m-1.7m 3 1 0.1 18
1.7m-1.8m 3 3 2 0.2 6
1.8m-1.9m 2 2 0.2 6
1.9m-2m 5 4 0.1 7.5
2m-2.25m 5 1 0 30
2.25m-2.5m 8 1 0 48
2.5m-2.75m 5 1 0 30
2.75m-3m 8 2 0 24
3m-3.5m 8 2 0 24
3.5m-4m 6 1 0 36
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 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 4 1 0 24
151k-175k 5 5 1 0.2 6
176k-200k 2 11 3 0.9 1.1
201k-225k 8 17 2 0.4 2.8
226k-250k 23 24 4 0.2 5.8
251k-275k 1 0.2 0
276k-300k 1 0
351k-375k 1 0.2 0
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 7 10 3 0.2 4.2
101k-125k 28 15 4 0.1 11.2
126k-150k 23 12 0.1 11.5
151k-175k 16 6 1 0.1 16
176k-200k 5 2 0.1 15
201k-225k 7 1 0 42
226k-250k 2 1 0.1 12
326k-350k 1 1 0.2 0
376k-400k 1 0
426k-450k 1 1 1 0.2 6
451k-475k 2 0
476k-500k 3 0
501k-550k 1 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
1k-25k 98 75 13 0.1 7.8
26k-50k 370 261 44 0.1 8.5
51k-75k 173 60 5 0.1 17.3
76k-100k 39 15 2 0.1 15.6
101k-125k 13 10 1 0.1 7.8
126k-150k 14 1 0 84
151k-175k 5 3 1 0.1 10
176k-200k 16 3 1 0 32
201k-225k 9 4 0.1 13.5
226k-250k 9 3 0.1 18
251k-275k 1 2 1 0.3 3
276k-300k 9 4 1 0.1 13.5
301k-325k 5 0
326k-350k 6 1 0 36
351k-375k 1 0
376k-400k 5 1 1 0 30
401k-425k 3 0
426k-450k 5 1 0 30
451k-475k 3 0
476k-500k 9 2 0 27
501k-550k 4 1 0 24
551k-600k 10 2 0 30
601k-650k 5 0
651k-700k 3 4 1 0.2 4.5
701k-750k 3 1 0.1 18
751k-800k 2 0
801k-850k 3 2 0.1 9
851k-900k 7 0
901k-950k 5 1 0 30
951k-1m 8 0
1m-1.1m 4 1 0 24
1.1m-1.2m 6 0
1.2m-1.3m 3 0
1.3m-1.4m 4 0
1.4m-1.5m 4 0
1.6m-1.7m 4 0
1.7m-1.8m 2 1 0.1 12
1.8m-1.9m 3 0
1.9m-2m 2 2 0.2 6
2m-2.25m 2 0
2.25m-2.5m 8 1 0 48
2.5m-2.75m 1 0
2.75m-3m 4 0
3m-3.5m 1 0
3.5m-4m 2 0
4m-4.5m 1 0
4.5m-5m 2 1 0.1 12
5.01m-6m 5 0
12.01m-13m 1 0
17.01m-18m 1 0