Supply & Demand in Orlando, 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
51k-75k 3 0.5 0
76k-100k 5 1 0.8 0
101k-125k 3 1 0.5 0
126k-150k 3 8 0.4 2.3
151k-175k 6 18 7 0.5 2
176k-200k 13 30 3 0.4 2.6
201k-225k 15 64 12 0.7 1.4
226k-250k 36 105 12 0.5 2.1
251k-275k 48 109 13 0.4 2.6
276k-300k 85 145 18 0.3 3.5
301k-325k 85 178 23 0.3 2.9
326k-350k 118 224 33 0.3 3.2
351k-375k 89 214 29 0.4 2.5
376k-400k 147 248 46 0.3 3.6
401k-425k 92 220 38 0.4 2.5
426k-450k 106 230 27 0.4 2.8
451k-475k 88 151 25 0.3 3.5
476k-500k 86 150 19 0.3 3.4
501k-550k 137 230 36 0.3 3.6
551k-600k 140 210 27 0.3 4
601k-650k 112 154 23 0.2 4.4
651k-700k 75 120 22 0.3 3.8
701k-750k 66 90 16 0.2 4.4
751k-800k 66 74 7 0.2 5.4
801k-850k 34 70 11 0.3 2.9
851k-900k 43 43 3 0.2 6
901k-950k 24 54 9 0.4 2.7
951k-1m 34 28 2 0.1 7.3
1m-1.1m 42 46 8 0.2 5.5
1.1m-1.2m 34 37 4 0.2 5.5
1.2m-1.3m 32 32 4 0.2 6
1.3m-1.4m 25 36 5 0.2 4.2
1.4m-1.5m 22 25 3 0.2 5.3
1.5m-1.6m 27 18 1 0.1 9
1.6m-1.7m 14 21 7 0.3 4
1.7m-1.8m 12 11 3 0.2 6.5
1.8m-1.9m 8 10 0.2 4.8
1.9m-2m 5 9 2 0.3 3.3
2m-2.25m 7 14 2 0.3 3
2.25m-2.5m 10 7 2 0.1 8.6
2.5m-2.75m 3 6 1 0.3 3
2.75m-3m 10 5 0.1 12
3m-3.5m 11 9 1 0.1 7.3
3.5m-4m 7 2 1 0 21
4m-4.5m 3 2 0.1 9
4.5m-5m 1 1 0.2 6
5.01m-6m 4 2 0.1 12
6.01m-7m 5 2 0.1 15
7.01m-8m 3 0
10.01m-11m 1 0.2 0
11.01m-12m 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
51k-75k 1 0.2 0
101k-125k 4 1 0 24
126k-150k 1 1 0.2 0
151k-175k 2 4 0.3 3
176k-200k 6 7 2 0.2 5.1
201k-225k 8 6 0.1 8
226k-250k 14 12 1 0.1 7
251k-275k 17 21 8 0.2 4.9
276k-300k 29 26 1 0.1 6.7
301k-325k 27 38 4 0.2 4.3
326k-350k 32 49 11 0.3 3.9
351k-375k 35 48 10 0.2 4.4
376k-400k 52 44 6 0.1 7.1
401k-425k 42 32 6 0.1 7.9
426k-450k 35 57 8 0.3 3.7
451k-475k 16 25 1 0.3 3.8
476k-500k 22 16 4 0.1 8.3
501k-550k 19 30 4 0.3 3.8
551k-600k 14 16 2 0.2 5.3
601k-650k 11 18 1 0.3 3.7
651k-700k 9 6 0.1 9
701k-750k 1 6 1 1
751k-800k 2 6 0.5 2
801k-850k 2 3 0.3 4
851k-900k 1 4 1 0.7 1.5
901k-950k 1 0
951k-1m 4 0
1m-1.1m 2 0
1.1m-1.2m 2 0
1.2m-1.3m 2 0
1.6m-1.7m 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
26k-50k 2 0.3 0
51k-75k 4 6 1 0.3 4
76k-100k 35 38 3 0.2 5.5
101k-125k 66 86 15 0.2 4.6
126k-150k 116 95 12 0.1 7.3
151k-175k 154 117 9 0.1 7.9
176k-200k 188 114 20 0.1 9.9
201k-225k 144 72 14 0.1 12
226k-250k 119 54 7 0.1 13.2
251k-275k 69 34 2 0.1 12.2
276k-300k 53 31 2 0.1 10.3
301k-325k 36 11 2 0.1 19.6
326k-350k 21 12 0.1 10.5
351k-375k 18 9 3 0.1 12
376k-400k 12 1 0 72
401k-425k 7 4 1 0.1 10.5
426k-450k 10 9 2 0.2 6.7
451k-475k 8 3 0.1 16
476k-500k 11 4 0.1 16.5
501k-550k 22 11 0.1 12
551k-600k 11 1 0 66
601k-650k 10 7 0.1 8.6
651k-700k 3 1 0.1 18
701k-750k 2 3 0.3 4
751k-800k 3 0
801k-850k 3 0
851k-900k 3 1 0.1 18
951k-1m 2 0
1m-1.1m 1 0.2 0
1.1m-1.2m 5 1 0 30
1.2m-1.3m 3 0
1.3m-1.4m 2 0
1.5m-1.6m 1 0
1.6m-1.7m 1 1 0.2 0
1.8m-1.9m 1 1 0.2 6
2.5m-2.75m 1 0
2.75m-3m 2 0
3.5m-4m 1 0
5.01m-6m 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 5 5 0.2 6
26k-50k 141 12 2 0 70.5
51k-75k 26 16 3 0.1 9.8
76k-100k 69 18 6 0 23
101k-125k 29 12 1 0.1 14.5
126k-150k 34 14 1 0.1 14.6
151k-175k 20 4 1 0 30
176k-200k 15 8 1 0.1 11.3
201k-225k 12 3 1 0 24
226k-250k 15 7 2 0.1 12.9
251k-275k 7 1 0 42
276k-300k 16 0
301k-325k 15 1 0 90
326k-350k 7 0
351k-375k 6 2 0.1 18
376k-400k 3 3 0.2 6
401k-425k 2 1 0.1 12
426k-450k 6 0
451k-475k 1 1 0.2 6
476k-500k 5 1 0 30
501k-550k 4 0
551k-600k 7 2 0 21
601k-650k 11 1 0 66
651k-700k 4 1 0 24
701k-750k 6 1 0 36
751k-800k 3 0
801k-850k 2 1 0.1 12
851k-900k 3 2 0.1 9
901k-950k 2 2 0.2 6
951k-1m 4 0
1m-1.1m 2 0
1.1m-1.2m 2 2 0.2 6
1.2m-1.3m 2 0
1.3m-1.4m 1 1 0.2 0
1.4m-1.5m 5 0
1.5m-1.6m 2 0
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 2 0
1.9m-2m 2 0
2m-2.25m 2 0
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 2 0
2.75m-3m 2 0
3m-3.5m 3 1 0.1 18
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 1 0
8.01m-9m 2 0
15.01m-16m 1 0
23.01m-24m 1 0