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 2 0.3 0
101k-125k 2 6 0.5 2
126k-150k 1 17 4 2.8 0.4
151k-175k 12 22 1 0.3 3.3
176k-200k 16 48 4 0.5 2
201k-225k 15 52 7 0.6 1.7
226k-250k 24 79 11 0.5 1.8
251k-275k 46 95 13 0.3 2.9
276k-300k 55 149 18 0.5 2.2
301k-325k 69 131 17 0.3 3.2
326k-350k 97 189 19 0.3 3.1
351k-375k 80 158 19 0.3 3
376k-400k 130 218 26 0.3 3.6
401k-425k 98 172 24 0.3 3.4
426k-450k 113 177 25 0.3 3.8
451k-475k 67 128 21 0.3 3.1
476k-500k 103 124 20 0.2 5
501k-550k 142 199 19 0.2 4.3
551k-600k 123 148 19 0.2 5
601k-650k 71 108 15 0.3 3.9
651k-700k 60 96 15 0.3 3.8
701k-750k 62 96 12 0.3 3.9
751k-800k 43 62 11 0.2 4.2
801k-850k 26 49 3 0.3 3.2
851k-900k 28 55 6 0.3 3.1
901k-950k 29 23 3 0.1 7.6
951k-1m 23 29 4 0.2 4.8
1m-1.1m 21 36 5 0.3 3.5
1.1m-1.2m 24 37 2 0.3 3.9
1.2m-1.3m 28 36 6 0.2 4.7
1.3m-1.4m 31 25 3 0.1 7.4
1.4m-1.5m 26 21 1 0.1 7.4
1.5m-1.6m 13 15 1 0.2 5.2
1.6m-1.7m 14 23 6 0.3 3.7
1.7m-1.8m 14 14 1 0.2 6
1.8m-1.9m 10 13 4 0.2 4.6
1.9m-2m 15 15 3 0.2 6
2m-2.25m 16 8 2 0.1 12
2.25m-2.5m 18 20 3 0.2 5.4
2.5m-2.75m 18 14 3 0.1 7.7
2.75m-3m 18 14 1 0.1 7.7
3m-3.5m 19 8 2 0.1 14.3
3.5m-4m 21 5 1 0 25.2
4m-4.5m 6 7 0.2 5.1
4.5m-5m 11 0
5.01m-6m 7 5 1 0.1 8.4
6.01m-7m 3 3 0.2 6
7.01m-8m 1 1 0.2 6
8.01m-9m 2 1 0.1 12
10.01m-11m 1 0
12.01m-13m 1 0.2 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
76k-100k 1 0.2 0
126k-150k 1 2 0.3 3
151k-175k 3 8 0.4 2.3
176k-200k 13 18 5 0.2 4.3
201k-225k 20 41 6 0.3 2.9
226k-250k 24 37 5 0.3 3.9
251k-275k 26 38 4 0.2 4.1
276k-300k 26 36 5 0.2 4.3
301k-325k 22 43 4 0.3 3.1
326k-350k 22 34 2 0.3 3.9
351k-375k 15 21 1 0.2 4.3
376k-400k 23 25 1 0.2 5.5
401k-425k 13 23 3 0.3 3.4
426k-450k 13 18 4 0.2 4.3
451k-475k 10 10 0.2 6
476k-500k 14 13 0.2 6.5
501k-550k 14 22 1 0.3 3.8
551k-600k 28 24 1 0.1 7
601k-650k 12 17 3 0.2 4.2
651k-700k 18 10 1 0.1 10.8
701k-750k 17 13 2 0.1 7.8
751k-800k 18 15 2 0.1 7.2
801k-850k 7 18 3 0.4 2.3
851k-900k 9 8 0.1 6.8
901k-950k 5 11 1 0.4 2.7
951k-1m 5 3 1 0.1 10
1m-1.1m 6 1 0
1.1m-1.2m 3 1 0.1 18
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 2 3 1 0.3 4
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 1 1 1 0.2 6
1.6m-1.7m 3 1 0.1 18
1.7m-1.8m 1 0.2 0
1.9m-2m 1 0
2m-2.25m 3 1 0.1 18
2.25m-2.5m 2 0
2.5m-2.75m 2 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 1 0.2 0
51k-75k 7 1 1.2 0
76k-100k 12 19 3 0.3 3.8
101k-125k 32 31 4 0.2 6.2
126k-150k 53 49 15 0.2 6.5
151k-175k 68 44 3 0.1 9.3
176k-200k 63 49 6 0.1 7.7
201k-225k 40 37 2 0.2 6.5
226k-250k 60 31 2 0.1 11.6
251k-275k 27 19 0.1 8.5
276k-300k 35 22 7 0.1 9.5
301k-325k 13 13 1 0.2 6
326k-350k 12 14 1 0.2 5.1
351k-375k 10 15 2 0.3 4
376k-400k 16 14 4 0.1 6.9
401k-425k 11 15 2 0.2 4.4
426k-450k 8 11 1 0.2 4.4
451k-475k 8 9 1 0.2 5.3
476k-500k 13 9 0.1 8.7
501k-550k 12 8 2 0.1 9
551k-600k 12 9 0.1 8
601k-650k 12 11 3 0.2 6.5
651k-700k 13 5 1 0.1 15.6
701k-750k 3 1 0.1 18
751k-800k 7 3 0.1 14
801k-850k 7 2 0 21
851k-900k 5 4 1 0.1 7.5
901k-950k 3 5 1 0.3 3.6
951k-1m 5 5 2 0.2 6
1m-1.1m 6 5 1 0.1 7.2
1.1m-1.2m 2 1 1 0.1 12
1.2m-1.3m 6 1 0 36
1.3m-1.4m 2 3 0.3 4
1.4m-1.5m 5 1 0 30
1.5m-1.6m 5 2 0.1 15
1.6m-1.7m 1 2 0.3 3
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 4 2 1 0.1 12
1.9m-2m 6 3 0.1 12
2m-2.25m 8 1 1 0 48
2.25m-2.5m 9 1 0 54
2.5m-2.75m 4 1 1 0 24
2.75m-3m 6 2 1 0.1 18
3m-3.5m 9 4 2 0.1 13.5
3.5m-4m 4 0
4m-4.5m 5 1 1 0 30
4.5m-5m 2 0
5.01m-6m 2 0
6.01m-7m 1 2 0.3 3
7.01m-8m 1 0
8.01m-9m 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 2 2 0.2 6
51k-75k 9 13 1 0.2 4.2
76k-100k 19 9 1 0.1 12.7
101k-125k 14 5 0.1 16.8
126k-150k 19 4 1 0 28.5
151k-175k 9 10 0.2 5.4
176k-200k 18 3 0 36
201k-225k 12 4 0.1 18
226k-250k 11 3 0 22
251k-275k 4 2 0.1 12
276k-300k 8 5 1 0.1 9.6
301k-325k 7 5 1 0.1 8.4
326k-350k 7 5 1 0.1 8.4
376k-400k 4 1 0 24
401k-425k 3 2 0.1 9
426k-450k 9 0
451k-475k 5 3 0.1 10
476k-500k 4 1 0 24
501k-550k 4 1 0 24
551k-600k 10 2 0 30
601k-650k 4 5 1 0.2 4.8
651k-700k 5 4 0.1 7.5
701k-750k 9 2 0 27
751k-800k 4 2 0.1 12
801k-850k 8 3 1 0.1 16
851k-900k 9 1 0 54
901k-950k 2 2 0.2 6
951k-1m 4 2 1 0.1 12
1m-1.1m 5 0
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 5 3 1 0.1 10
1.3m-1.4m 1 2 2 0.3 3
1.4m-1.5m 4 0
1.5m-1.6m 4 1 1 0 24
1.6m-1.7m 2 0
1.7m-1.8m 3 0
1.8m-1.9m 2 0
1.9m-2m 3 2 1 0.1 9
2m-2.25m 1 2 0.3 3
2.25m-2.5m 9 1 0 54
2.5m-2.75m 4 0
2.75m-3m 9 0
3m-3.5m 1 0
3.5m-4m 3 0
4m-4.5m 1 0.2 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