Supply & Demand in Tampa, 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 % 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 0.3 0
76k-100k 2 0.3 0
101k-125k 9 1 1.5 0
126k-150k 4 20 2 0.8 1.2
151k-175k 8 23 5 0.5 2.1
176k-200k 21 48 13 0.4 2.6
201k-225k 11 63 11 1 1
226k-250k 20 91 13 0.8 1.3
251k-275k 38 96 13 0.4 2.4
276k-300k 57 146 18 0.4 2.3
301k-325k 63 134 18 0.4 2.8
326k-350k 96 199 17 0.3 2.9
351k-375k 70 178 30 0.4 2.4
376k-400k 136 221 27 0.3 3.7
401k-425k 111 187 31 0.3 3.6
426k-450k 110 184 22 0.3 3.6
451k-475k 81 131 18 0.3 3.7
476k-500k 120 142 20 0.2 5.1
501k-550k 143 222 27 0.3 3.9
551k-600k 121 158 25 0.2 4.6
601k-650k 74 122 14 0.3 3.6
651k-700k 79 109 19 0.2 4.3
701k-750k 51 100 12 0.3 3.1
751k-800k 49 58 5 0.2 5.1
801k-850k 29 62 11 0.4 2.8
851k-900k 37 64 11 0.3 3.5
901k-950k 23 28 1 0.2 4.9
951k-1m 32 35 7 0.2 5.5
1m-1.1m 23 43 7 0.3 3.2
1.1m-1.2m 26 43 9 0.3 3.6
1.2m-1.3m 27 36 4 0.2 4.5
1.3m-1.4m 27 29 4 0.2 5.6
1.4m-1.5m 29 22 5 0.1 7.9
1.5m-1.6m 19 18 0.2 6.3
1.6m-1.7m 17 17 4 0.2 6
1.7m-1.8m 14 19 2 0.2 4.4
1.8m-1.9m 11 14 1 0.2 4.7
1.9m-2m 17 16 2 0.2 6.4
2m-2.25m 16 16 1 0.2 6
2.25m-2.5m 17 19 3 0.2 5.4
2.5m-2.75m 24 14 1 0.1 10.3
2.75m-3m 19 15 2 0.1 7.6
3m-3.5m 16 6 1 0.1 16
3.5m-4m 22 10 0.1 13.2
4m-4.5m 9 9 0.2 6
4.5m-5m 9 0
5.01m-6m 6 3 1 0.1 12
6.01m-7m 4 3 1 0.1 8
7.01m-8m 2 2 1 0.2 6
8.01m-9m 2 1 0.1 12
10.01m-11m 1 0.2 0
11.01m-12m 1 0
13.01m-14m 1 0
14.01m-15m 1 0
16.01m-17m 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
76k-100k 1 0.2 0
126k-150k 2 1 0.3 0
151k-175k 2 8 1 0.7 1.5
176k-200k 9 14 5 0.3 3.9
201k-225k 16 42 9 0.4 2.3
226k-250k 28 42 3 0.3 4
251k-275k 25 44 5 0.3 3.4
276k-300k 28 44 4 0.3 3.8
301k-325k 30 51 8 0.3 3.5
326k-350k 19 43 8 0.4 2.7
351k-375k 13 24 6 0.3 3.3
376k-400k 27 28 3 0.2 5.8
401k-425k 12 20 3 0.3 3.6
426k-450k 8 16 2 0.3 3
451k-475k 15 12 4 0.1 7.5
476k-500k 14 14 3 0.2 6
501k-550k 15 24 3 0.3 3.8
551k-600k 24 28 5 0.2 5.1
601k-650k 14 17 3 0.2 4.9
651k-700k 20 9 4 0.1 13.3
701k-750k 17 15 1 0.1 6.8
751k-800k 15 20 5 0.2 4.5
801k-850k 11 13 1 0.2 5.1
851k-900k 10 12 1 0.2 5
901k-950k 5 10 0.3 3
951k-1m 5 3 0.1 10
1m-1.1m 6 1 1 0
1.1m-1.2m 4 1 1 0 24
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 1 2 1 0.3 3
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 1 1 1 0.2 6
1.9m-2m 1 0
2m-2.25m 2 1 1 0.1 12
2.25m-2.5m 2 0
2.5m-2.75m 3 0
3.5m-4m 1 0
4m-4.5m 1 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 5 0.8 0
76k-100k 8 22 4 0.5 2.2
101k-125k 35 28 6 0.1 7.5
126k-150k 50 48 5 0.2 6.3
151k-175k 68 48 7 0.1 8.5
176k-200k 82 49 5 0.1 10
201k-225k 40 46 6 0.2 5.2
226k-250k 53 40 4 0.1 7.9
251k-275k 28 25 1 0.1 6.7
276k-300k 37 21 2 0.1 10.6
301k-325k 18 13 0.1 8.3
326k-350k 11 14 1 0.2 4.7
351k-375k 16 14 2 0.1 6.9
376k-400k 16 12 1 0.1 8
401k-425k 8 15 4 0.3 3.2
426k-450k 7 8 0.2 5.3
451k-475k 7 8 2 0.2 5.3
476k-500k 14 12 2 0.1 7
501k-550k 16 15 0.2 6.4
551k-600k 9 9 1 0.2 6
601k-650k 12 6 0.1 12
651k-700k 19 8 0.1 14.3
701k-750k 6 3 0.1 12
751k-800k 7 3 0.1 14
801k-850k 4 3 0.1 8
851k-900k 5 3 1 0.1 10
901k-950k 3 3 1 0.2 6
951k-1m 5 4 1 0.1 7.5
1m-1.1m 6 3 1 0.1 12
1.1m-1.2m 4 0
1.2m-1.3m 3 1 1 0.1 18
1.3m-1.4m 2 3 1 0.3 4
1.4m-1.5m 5 1 0 30
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 2 3 0.3 4
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 6 1 0 36
1.9m-2m 3 4 0.2 4.5
2m-2.25m 10 1 0 60
2.25m-2.5m 12 1 0 72
2.5m-2.75m 3 0
2.75m-3m 7 2 0 21
3m-3.5m 7 2 0 21
3.5m-4m 2 0
4m-4.5m 5 0
4.5m-5m 1 0
5.01m-6m 1 0
6.01m-7m 1 2 0.3 3
7.01m-8m 1 0
10.01m-11m 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 1 1 0.2 0
26k-50k 4 1 0.7 0
51k-75k 5 11 5 0.4 2.7
76k-100k 21 9 0.1 14
101k-125k 11 4 2 0.1 16.5
126k-150k 20 5 0 24
151k-175k 11 12 2 0.2 5.5
176k-200k 13 5 2 0.1 15.6
201k-225k 7 5 2 0.1 8.4
226k-250k 12 3 1 0 24
251k-275k 5 2 0.1 15
276k-300k 9 4 0.1 13.5
301k-325k 4 3 0.1 8
326k-350k 12 3 1 0 24
376k-400k 2 1 0.1 12
401k-425k 1 2 0.3 3
426k-450k 11 0
451k-475k 4 2 0.1 12
476k-500k 5 1 0 30
501k-550k 4 2 1 0.1 12
551k-600k 9 3 0.1 18
601k-650k 4 5 1 0.2 4.8
651k-700k 8 6 0.1 8
701k-750k 7 2 0 21
751k-800k 3 2 1 0.1 9
801k-850k 8 3 1 0.1 16
851k-900k 12 2 0 36
901k-950k 2 1 1 0.1 12
951k-1m 6 0
1m-1.1m 5 0
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 4 2 0.1 12
1.3m-1.4m 3 0
1.4m-1.5m 5 1 0 30
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 3 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 4 1 0 24
2m-2.25m 3 2 0.1 9
2.25m-2.5m 7 1 0 42
2.5m-2.75m 3 0
2.75m-3m 10 0
3m-3.5m 2 0
3.5m-4m 3 0
4.5m-5m 1 0
5.01m-6m 2 1 0.1 12
6.01m-7m 1 0.2 0
7.01m-8m 1 0.2 0
8.01m-9m 2 0
9.01m-10m 1 0
11.01m-12m 1 0
24.01m-25m 1 0