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 5 0.8 0
101k-125k 4 1 0.7 0
126k-150k 4 13 4 0.5 1.8
151k-175k 7 24 6 0.6 1.8
176k-200k 8 39 4 0.8 1.2
201k-225k 17 39 7 0.4 2.6
226k-250k 21 69 13 0.5 1.8
251k-275k 27 87 20 0.5 1.9
276k-300k 52 130 25 0.4 2.4
301k-325k 50 140 29 0.5 2.1
326k-350k 92 162 25 0.3 3.4
351k-375k 69 174 46 0.4 2.4
376k-400k 109 221 46 0.3 3
401k-425k 77 185 35 0.4 2.5
426k-450k 115 157 37 0.2 4.4
451k-475k 76 134 28 0.3 3.4
476k-500k 126 139 27 0.2 5.4
501k-550k 140 195 35 0.2 4.3
551k-600k 107 161 34 0.3 4
601k-650k 73 107 22 0.2 4.1
651k-700k 58 103 17 0.3 3.4
701k-750k 46 85 14 0.3 3.2
751k-800k 47 62 13 0.2 4.5
801k-850k 42 46 7 0.2 5.5
851k-900k 30 35 4 0.2 5.1
901k-950k 20 34 6 0.3 3.5
951k-1m 28 35 10 0.2 4.8
1m-1.1m 25 44 9 0.3 3.4
1.1m-1.2m 38 35 7 0.2 6.5
1.2m-1.3m 29 38 8 0.2 4.6
1.3m-1.4m 37 31 4 0.1 7.2
1.4m-1.5m 18 23 3 0.2 4.7
1.5m-1.6m 22 12 4 0.1 11
1.6m-1.7m 21 22 4 0.2 5.7
1.7m-1.8m 22 11 1 0.1 12
1.8m-1.9m 12 12 2 0.2 6
1.9m-2m 11 9 1 0.1 7.3
2m-2.25m 11 18 6 0.3 3.7
2.25m-2.5m 22 22 7 0.2 6
2.5m-2.75m 18 18 4 0.2 6
2.75m-3m 14 9 1 0.1 9.3
3m-3.5m 22 12 2 0.1 11
3.5m-4m 23 7 3 0.1 19.7
4m-4.5m 11 1 0 66
4.5m-5m 8 2 1 0 24
5.01m-6m 6 6 0.2 6
6.01m-7m 5 2 0.1 15
7.01m-8m 2 3 1 0.3 4
8.01m-9m 3 1 0.1 18
10.01m-11m 2 0
12.01m-13m 1 0.2 0
14.01m-15m 1 0
16.01m-17m 1 0
19.01m-20m 1 1 0.2 0
21.01m-22m 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 1 0.2 6
126k-150k 5 5 1 0.2 6
151k-175k 4 4 1 0.2 6
176k-200k 7 25 4 0.6 1.7
201k-225k 20 35 4 0.3 3.4
226k-250k 24 27 4 0.2 5.3
251k-275k 29 22 3 0.1 7.9
276k-300k 31 27 5 0.1 6.9
301k-325k 26 32 3 0.2 4.9
326k-350k 23 27 4 0.2 5.1
351k-375k 19 25 8 0.2 4.6
376k-400k 25 21 6 0.1 7.1
401k-425k 11 17 1 0.3 3.9
426k-450k 18 24 7 0.2 4.5
451k-475k 11 15 2 0.2 4.4
476k-500k 10 16 1 0.3 3.8
501k-550k 20 16 4 0.1 7.5
551k-600k 21 17 1 0.1 7.4
601k-650k 17 18 1 0.2 5.7
651k-700k 18 13 2 0.1 8.3
701k-750k 17 10 1 0.1 10.2
751k-800k 13 23 4 0.3 3.4
801k-850k 6 19 5 0.5 1.9
851k-900k 6 6 0.2 6
901k-950k 6 4 1 0.1 9
951k-1m 4 2 0.1 12
1m-1.1m 2 4 1 0.3 3
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 1 3 1 0.5 2
1.3m-1.4m 4 2 0.1 12
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 1 0.2 0
1.6m-1.7m 2 0
1.7m-1.8m 1 0.2 0
1.8m-1.9m 1 1 0.2 0
1.9m-2m 4 0
2m-2.25m 1 0.2 0
2.25m-2.5m 2 0
2.5m-2.75m 1 0
3m-3.5m 1 0
3.5m-4m 3 0
4m-4.5m 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
26k-50k 1 0.2 0
51k-75k 1 5 0.8 1.2
76k-100k 23 19 1 0.1 7.3
101k-125k 44 39 8 0.1 6.8
126k-150k 57 54 8 0.2 6.3
151k-175k 75 49 11 0.1 9.2
176k-200k 57 41 7 0.1 8.3
201k-225k 48 34 6 0.1 8.5
226k-250k 44 25 1 0.1 10.6
251k-275k 23 19 4 0.1 7.3
276k-300k 17 24 4 0.2 4.3
301k-325k 16 15 5 0.2 6.4
326k-350k 12 12 2 0.2 6
351k-375k 3 11 1 0.6 1.6
376k-400k 14 19 5 0.2 4.4
401k-425k 12 12 2 0.2 6
426k-450k 10 8 2 0.1 7.5
451k-475k 8 12 3 0.3 4
476k-500k 11 9 2 0.1 7.3
501k-550k 10 12 2 0.2 5
551k-600k 10 14 3 0.2 4.3
601k-650k 12 15 1 0.2 4.8
651k-700k 14 7 4 0.1 12
701k-750k 7 6 3 0.1 7
751k-800k 8 6 1 0.1 8
801k-850k 4 1 0 24
851k-900k 6 3 0.1 12
901k-950k 4 5 1 0.2 4.8
951k-1m 6 7 1 0.2 5.1
1m-1.1m 7 6 0.1 7
1.1m-1.2m 4 4 0.2 6
1.2m-1.3m 5 1 0 30
1.3m-1.4m 4 4 1 0.2 6
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 1 4 1 0.7 1.5
1.6m-1.7m 4 4 0.2 6
1.7m-1.8m 6 6 0.2 6
1.8m-1.9m 6 9 0.3 4
1.9m-2m 4 9 3 0.4 2.7
2m-2.25m 15 10 1 0.1 9
2.25m-2.5m 8 8 1 0.2 6
2.5m-2.75m 12 5 0.1 14.4
2.75m-3m 8 8 0.2 6
3m-3.5m 6 11 1 0.3 3.3
3.5m-4m 5 0
4m-4.5m 5 1 0 30
4.5m-5m 3 0
5.01m-6m 2 2 0.2 6
6.01m-7m 2 2 0.2 6
7.01m-8m 1 0
9.01m-10m 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 1 3 0.5 2
51k-75k 6 12 3 0.3 3
76k-100k 15 11 5 0.1 8.2
101k-125k 16 4 0 24
126k-150k 18 9 4 0.1 12
151k-175k 11 9 2 0.1 7.3
176k-200k 18 2 0 54
201k-225k 9 3 0.1 18
226k-250k 13 1 0 78
251k-275k 4 1 0 24
276k-300k 12 6 0.1 12
301k-325k 7 2 0 21
326k-350k 9 3 0.1 18
351k-375k 1 4 2 0.7 1.5
376k-400k 4 1 1 0 24
401k-425k 5 2 0.1 15
426k-450k 9 2 2 0 27
451k-475k 3 1 0.1 18
476k-500k 4 1 0 24
501k-550k 2 2 1 0.2 6
551k-600k 12 0
601k-650k 7 7 0.2 6
651k-700k 11 2 0 33
701k-750k 5 4 0.1 7.5
751k-800k 5 4 0.1 7.5
801k-850k 10 4 1 0.1 15
851k-900k 6 2 1 0.1 18
901k-950k 3 4 0.2 4.5
951k-1m 7 2 0 21
1m-1.1m 1 0
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 1 3 1 0.5 2
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 7 0
1.5m-1.6m 2 2 1 0.2 6
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.8m-1.9m 1 0.2 0
1.9m-2m 1 2 0.3 3
2m-2.25m 3 2 1 0.1 9
2.25m-2.5m 6 1 0 36
2.5m-2.75m 5 0
2.75m-3m 7 0
3m-3.5m 3 0
3.5m-4m 3 1 1 0.1 18
4m-4.5m 1 0.2 0
5.01m-6m 2 0
8.01m-9m 2 0
11.01m-12m 1 0
24.01m-25m 1 0