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 3 0.9 1.1
101k-125k 8 31 3 0.6 1.5
126k-150k 35 79 14 0.4 2.7
151k-175k 83 116 16 0.2 4.3
176k-200k 126 133 26 0.2 5.7
201k-225k 156 237 44 0.3 3.9
226k-250k 299 341 62 0.2 5.3
251k-275k 320 369 62 0.2 5.2
276k-300k 477 462 78 0.2 6.2
301k-325k 394 406 59 0.2 5.8
326k-350k 259 229 40 0.1 6.8
351k-375k 164 148 22 0.2 6.6
376k-400k 138 107 15 0.1 7.7
401k-425k 70 71 12 0.2 5.9
426k-450k 80 58 7 0.1 8.3
451k-475k 52 54 13 0.2 5.8
476k-500k 43 51 4 0.2 5.1
501k-550k 52 52 8 0.2 6
551k-600k 47 31 3 0.1 9.1
601k-650k 39 21 7 0.1 11.1
651k-700k 25 23 2 0.2 6.5
701k-750k 9 13 1 0.2 4.2
751k-800k 23 11 3 0.1 12.5
801k-850k 6 8 2 0.2 4.5
851k-900k 13 9 1 0.1 8.7
901k-950k 7 3 0.1 14
951k-1m 9 4 1 0.1 13.5
1m-1.1m 6 7 2 0.2 5.1
1.1m-1.2m 11 8 2 0.1 8.3
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 1 0 30
1.6m-1.7m 3 1 0.1 18
1.7m-1.8m 2 3 2 0.3 4
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 7 1 0 42
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 3 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 0
151k-175k 5 5 0.2 6
176k-200k 5 11 3 0.4 2.7
201k-225k 8 17 2 0.4 2.8
226k-250k 24 25 5 0.2 5.8
251k-275k 2 1 0.3 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 6 10 3 0.3 3.6
101k-125k 30 16 5 0.1 11.3
126k-150k 22 13 1 0.1 10.2
151k-175k 16 5 1 0.1 19.2
176k-200k 5 2 0.1 15
201k-225k 9 1 0 54
226k-250k 1 0
326k-350k 1 1 0.2 0
376k-400k 1 0
426k-450k 1 1 1 0.2 6
451k-475k 2 1 1 0.1 12
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 105 73 10 0.1 8.6
26k-50k 373 256 37 0.1 8.7
51k-75k 177 59 4 0.1 18
76k-100k 40 15 1 0.1 16
101k-125k 13 10 1 0.1 7.8
126k-150k 13 1 0 78
151k-175k 6 3 1 0.1 12
176k-200k 14 3 1 0 28
201k-225k 9 5 1 0.1 10.8
226k-250k 9 3 0.1 18
251k-275k 1 2 1 0.3 3
276k-300k 10 4 1 0.1 15
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 6 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 5 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 5 0
3.5m-4m 2 0
4m-4.5m 2 0
4.5m-5m 2 1 0.1 12
5.01m-6m 6 0
12.01m-13m 1 0
17.01m-18m 1 0