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 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 2 0.3 0
76k-100k 4 1 0.7 0
101k-125k 1 6 2 1 1
126k-150k 5 14 3 0.5 2.1
151k-175k 7 21 8 0.5 2
176k-200k 13 41 9 0.5 1.9
201k-225k 11 42 5 0.6 1.6
226k-250k 30 64 6 0.4 2.8
251k-275k 39 75 11 0.3 3.1
276k-300k 63 121 16 0.3 3.1
301k-325k 65 130 26 0.3 3
326k-350k 93 163 29 0.3 3.4
351k-375k 75 155 33 0.3 2.9
376k-400k 130 197 32 0.3 4
401k-425k 81 177 37 0.4 2.7
426k-450k 99 156 21 0.3 3.8
451k-475k 72 118 16 0.3 3.7
476k-500k 118 118 24 0.2 6
501k-550k 131 198 49 0.3 4
551k-600k 107 146 28 0.2 4.4
601k-650k 91 94 19 0.2 5.8
651k-700k 64 94 14 0.2 4.1
701k-750k 44 88 13 0.3 3
751k-800k 48 56 10 0.2 5.1
801k-850k 19 47 7 0.4 2.4
851k-900k 35 49 7 0.2 4.3
901k-950k 24 27 11 0.2 5.3
951k-1m 28 32 6 0.2 5.3
1m-1.1m 16 38 7 0.4 2.5
1.1m-1.2m 26 37 6 0.2 4.2
1.2m-1.3m 25 35 7 0.2 4.3
1.3m-1.4m 39 25 7 0.1 9.4
1.4m-1.5m 21 21 3 0.2 6
1.5m-1.6m 19 9 1 0.1 12.7
1.6m-1.7m 19 21 3 0.2 5.4
1.7m-1.8m 13 11 1 0.1 7.1
1.8m-1.9m 15 12 2 0.1 7.5
1.9m-2m 11 13 1 0.2 5.1
2m-2.25m 16 11 4 0.1 8.7
2.25m-2.5m 16 20 2 0.2 4.8
2.5m-2.75m 13 13 3 0.2 6
2.75m-3m 23 10 1 0.1 13.8
3m-3.5m 22 10 4 0.1 13.2
3.5m-4m 20 4 1 0 30
4m-4.5m 12 4 0.1 18
4.5m-5m 12 1 1 0 72
5.01m-6m 3 6 0.3 3
6.01m-7m 3 2 0.1 9
7.01m-8m 3 2 1 0.1 9
8.01m-9m 3 1 0.1 18
10.01m-11m 1 0
12.01m-13m 1 0.2 0
14.01m-15m 1 0
16.01m-17m 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
76k-100k 1 0.2 0
101k-125k 1 0
126k-150k 1 5 2 0.8 1.2
151k-175k 3 6 1 0.3 3
176k-200k 13 19 2 0.2 4.1
201k-225k 18 33 4 0.3 3.3
226k-250k 29 30 3 0.2 5.8
251k-275k 26 25 6 0.2 6.2
276k-300k 41 30 6 0.1 8.2
301k-325k 22 41 4 0.3 3.2
326k-350k 34 29 2 0.1 7
351k-375k 18 16 1 0.1 6.8
376k-400k 22 21 3 0.2 6.3
401k-425k 12 17 1 0.2 4.2
426k-450k 11 19 5 0.3 3.5
451k-475k 8 13 4 0.3 3.7
476k-500k 17 10 2 0.1 10.2
501k-550k 21 19 1 0.2 6.6
551k-600k 25 17 3 0.1 8.8
601k-650k 14 18 3 0.2 4.7
651k-700k 16 10 2 0.1 9.6
701k-750k 15 12 5 0.1 7.5
751k-800k 16 17 4 0.2 5.6
801k-850k 10 15 1 0.3 4
851k-900k 5 10 1 0.3 3
901k-950k 5 9 1 0.3 3.3
951k-1m 3 2 0.1 9
1m-1.1m 2 4 1 0.3 3
1.1m-1.2m 3 2 0.1 9
1.2m-1.3m 5 2 0.1 15
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 3 2 1 0.1 9
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 1 0.2 0
1.9m-2m 3 0
2m-2.25m 1 1 0.2 6
2.25m-2.5m 3 0
2.5m-2.75m 1 0
3.5m-4m 2 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
51k-75k 6 2 1 0
76k-100k 10 18 3 0.3 3.3
101k-125k 40 37 6 0.2 6.5
126k-150k 55 47 9 0.1 7
151k-175k 79 45 7 0.1 10.5
176k-200k 72 50 7 0.1 8.6
201k-225k 43 34 5 0.1 7.6
226k-250k 51 26 5 0.1 11.8
251k-275k 28 16 4 0.1 10.5
276k-300k 26 18 2 0.1 8.7
301k-325k 17 10 3 0.1 10.2
326k-350k 13 9 1 0.1 8.7
351k-375k 7 15 4 0.4 2.8
376k-400k 14 13 0.2 6.5
401k-425k 12 14 1 0.2 5.1
426k-450k 11 8 1 0.1 8.3
451k-475k 5 9 3 0.3 3.3
476k-500k 16 8 2 0.1 12
501k-550k 10 10 4 0.2 6
551k-600k 11 10 4 0.2 6.6
601k-650k 9 14 4 0.3 3.9
651k-700k 15 5 1 0.1 18
701k-750k 4 3 1 0.1 8
751k-800k 12 6 2 0.1 12
801k-850k 5 1 0 30
851k-900k 5 5 1 0.2 6
901k-950k 3 5 1 0.3 3.6
951k-1m 4 6 0.3 4
1m-1.1m 4 4 0.2 6
1.1m-1.2m 2 3 1 0.3 4
1.2m-1.3m 4 1 0 24
1.3m-1.4m 2 3 0.3 4
1.4m-1.5m 6 2 0.1 18
1.5m-1.6m 3 3 2 0.2 6
1.6m-1.7m 6 1 1 0
1.7m-1.8m 2 3 1 0.3 4
1.8m-1.9m 9 6 1 0.1 9
1.9m-2m 5 7 2 0.2 4.3
2m-2.25m 12 9 6 0.1 8
2.25m-2.5m 10 6 2 0.1 10
2.5m-2.75m 7 3 0.1 14
2.75m-3m 8 6 3 0.1 8
3m-3.5m 6 8 0.2 4.5
3.5m-4m 4 0
4m-4.5m 6 1 0 36
4.5m-5m 4 0
5.01m-6m 3 0
6.01m-7m 1 2 0.3 3
7.01m-8m 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 1 0.2 0
26k-50k 6 2 0.1 18
51k-75k 5 9 0.3 3.3
76k-100k 23 7 3 0.1 19.7
101k-125k 14 6 1 0.1 14
126k-150k 25 4 1 0 37.5
151k-175k 8 8 1 0.2 6
176k-200k 19 3 0 38
201k-225k 9 5 1 0.1 10.8
226k-250k 10 2 0 30
251k-275k 1 1 1 0.2 6
276k-300k 7 8 4 0.2 5.3
301k-325k 4 4 0.2 6
326k-350k 7 3 0.1 14
351k-375k 2 2 1 0.2 6
376k-400k 4 0
401k-425k 1 2 0.3 3
426k-450k 9 0
451k-475k 1 3 0.5 2
476k-500k 3 1 0.1 18
501k-550k 3 1 0.1 18
551k-600k 8 1 0 48
601k-650k 4 6 1 0.3 4
651k-700k 10 3 0.1 20
701k-750k 6 4 3 0.1 9
751k-800k 3 2 1 0.1 9
801k-850k 7 4 1 0.1 10.5
851k-900k 10 1 0 60
901k-950k 4 3 1 0.1 8
951k-1m 7 2 0 21
1m-1.1m 4 0
1.1m-1.2m 7 2 0 21
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 2 2 0.2 6
1.4m-1.5m 7 0
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 1 0
1.7m-1.8m 4 0
1.8m-1.9m 3 0
1.9m-2m 1 2 0.3 3
2m-2.25m 1 1 0.2 6
2.25m-2.5m 4 2 1 0.1 12
2.5m-2.75m 6 0
2.75m-3m 10 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 0.2 0
5.01m-6m 1 0
6.01m-7m 1 0.2 0
7.01m-8m 1 0.2 0
8.01m-9m 3 0
11.01m-12m 1 0
24.01m-25m 1 0