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
26k-50k 1 0.2 0
51k-75k 1 0
76k-100k 1 6 1 1 1
101k-125k 5 1 0.8 0
126k-150k 5 29 6 1 1
151k-175k 5 32 4 1.1 0.9
176k-200k 8 42 5 0.9 1.1
201k-225k 17 64 7 0.6 1.6
226k-250k 31 103 16 0.6 1.8
251k-275k 26 112 23 0.7 1.4
276k-300k 57 172 28 0.5 2
301k-325k 57 158 22 0.5 2.2
326k-350k 73 226 39 0.5 1.9
351k-375k 79 199 25 0.4 2.4
376k-400k 123 248 38 0.3 3
401k-425k 90 188 21 0.3 2.9
426k-450k 140 209 27 0.2 4
451k-475k 76 153 16 0.3 3
476k-500k 112 187 20 0.3 3.6
501k-550k 189 239 36 0.2 4.7
551k-600k 127 171 15 0.2 4.5
601k-650k 84 142 23 0.3 3.5
651k-700k 81 107 11 0.2 4.5
701k-750k 83 105 14 0.2 4.7
751k-800k 48 78 9 0.3 3.7
801k-850k 33 79 5 0.4 2.5
851k-900k 35 57 10 0.3 3.7
901k-950k 34 36 4 0.2 5.7
951k-1m 34 31 3 0.2 6.6
1m-1.1m 31 50 5 0.3 3.7
1.1m-1.2m 31 43 3 0.2 4.3
1.2m-1.3m 33 43 3 0.2 4.6
1.3m-1.4m 25 35 5 0.2 4.3
1.4m-1.5m 24 21 4 0.1 6.9
1.5m-1.6m 19 18 6 0.2 6.3
1.6m-1.7m 19 16 3 0.1 7.1
1.7m-1.8m 13 19 7 0.2 4.1
1.8m-1.9m 17 16 2 0.2 6.4
1.9m-2m 18 17 3 0.2 6.4
2m-2.25m 19 26 0.2 4.4
2.25m-2.5m 28 17 4 0.1 9.9
2.5m-2.75m 25 19 4 0.1 7.9
2.75m-3m 26 18 5 0.1 8.7
3m-3.5m 16 9 1 0.1 10.7
3.5m-4m 20 14 1 0.1 8.6
4m-4.5m 7 6 2 0.1 7
4.5m-5m 6 1 0 36
5.01m-6m 7 5 0.1 8.4
6.01m-7m 2 4 2 0.3 3
7.01m-8m 5 1 0 30
8.01m-9m 1 2 0.3 3
9.01m-10m 2 0
10.01m-11m 1 1 0.2 6
11.01m-12m 4 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
51k-75k 1 0.2 0
101k-125k 1 0.2 0
126k-150k 1 1 0.2 6
151k-175k 1 7 1 1.2 0.9
176k-200k 2 9 2 0.8 1.3
201k-225k 19 36 8 0.3 3.2
226k-250k 36 46 3 0.2 4.7
251k-275k 23 55 7 0.4 2.5
276k-300k 27 52 11 0.3 3.1
301k-325k 25 56 4 0.4 2.7
326k-350k 24 50 5 0.3 2.9
351k-375k 20 25 3 0.2 4.8
376k-400k 27 29 7 0.2 5.6
401k-425k 11 21 4 0.3 3.1
426k-450k 17 15 3 0.1 6.8
451k-475k 13 11 2 0.1 7.1
476k-500k 16 20 4 0.2 4.8
501k-550k 18 26 1 0.2 4.2
551k-600k 25 39 7 0.3 3.8
601k-650k 20 23 4 0.2 5.2
651k-700k 18 9 2 0.1 12
701k-750k 12 22 3 0.3 3.3
751k-800k 18 28 2 0.3 3.9
801k-850k 12 15 4 0.2 4.8
851k-900k 12 12 1 0.2 6
901k-950k 7 7 2 0.2 6
951k-1m 7 7 1 0.2 6
1m-1.1m 2 8 1 0.7 1.5
1.1m-1.2m 4 0
1.2m-1.3m 2 2 0.2 6
1.3m-1.4m 3 3 0.2 6
1.4m-1.5m 2 0
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 2 1 0.1 12
2m-2.25m 2 0
2.25m-2.5m 2 0
2.5m-2.75m 3 0
4m-4.5m 2 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 3 0.5 0
51k-75k 3 3 0.5 0
76k-100k 12 18 3 0.3 4
101k-125k 41 33 1 0.1 7.5
126k-150k 51 55 12 0.2 5.6
151k-175k 57 55 7 0.2 6.2
176k-200k 80 46 3 0.1 10.4
201k-225k 57 47 4 0.1 7.3
226k-250k 45 47 6 0.2 5.7
251k-275k 28 29 10 0.2 5.8
276k-300k 33 23 2 0.1 8.6
301k-325k 17 18 5 0.2 5.7
326k-350k 18 16 4 0.1 6.8
351k-375k 15 17 2 0.2 5.3
376k-400k 15 10 0.1 9
401k-425k 18 14 1 0.1 7.7
426k-450k 20 8 4 0.1 15
451k-475k 6 5 3 0.1 7.2
476k-500k 11 8 1 0.1 8.3
501k-550k 17 22 3 0.2 4.6
551k-600k 14 13 3 0.2 6.5
601k-650k 9 13 1 0.2 4.2
651k-700k 14 8 0.1 10.5
701k-750k 9 3 0.1 18
751k-800k 5 6 0.2 5
801k-850k 2 4 1 0.3 3
851k-900k 2 4 0.3 3
901k-950k 6 4 0.1 9
951k-1m 6 2 0.1 18
1m-1.1m 7 3 2 0.1 14
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 4 1 0 24
1.3m-1.4m 2 3 0.3 4
1.4m-1.5m 3 2 0.1 9
1.5m-1.6m 4 1 0 24
1.6m-1.7m 2 2 0.2 6
1.7m-1.8m 2 1 1 0.1 12
1.8m-1.9m 9 1 1 0 54
1.9m-2m 5 2 0.1 15
2m-2.25m 11 1 0 66
2.25m-2.5m 12 1 0 72
2.5m-2.75m 5 0
2.75m-3m 5 1 0 30
3m-3.5m 7 3 1 0.1 14
3.5m-4m 7 1 0 42
4m-4.5m 3 0
4.5m-5m 3 0
5.01m-6m 3 0
6.01m-7m 1 0
7.01m-8m 2 0
8.01m-9m 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
26k-50k 3 0.5 0
51k-75k 3 15 3 0.8 1.2
76k-100k 22 15 5 0.1 8.8
101k-125k 15 2 0 45
126k-150k 18 8 1 0.1 13.5
151k-175k 10 6 3 0.1 10
176k-200k 14 4 0 21
201k-225k 7 3 0.1 14
226k-250k 14 2 1 0 42
251k-275k 3 3 1 0.2 6
276k-300k 12 8 1 0.1 9
301k-325k 4 2 1 0.1 12
326k-350k 11 3 2 0 22
351k-375k 1 0
376k-400k 7 2 0 21
401k-425k 1 1 0.2 6
426k-450k 10 0
451k-475k 2 0
476k-500k 9 0
501k-550k 6 2 0.1 18
551k-600k 7 5 1 0.1 8.4
601k-650k 8 2 1 0 24
651k-700k 5 6 0.2 5
701k-750k 6 3 0.1 12
751k-800k 3 2 0.1 9
801k-850k 4 1 0 24
851k-900k 10 4 0.1 15
901k-950k 3 1 0.1 18
951k-1m 7 2 1 0 21
1m-1.1m 4 0
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 7 0
1.3m-1.4m 2 0
1.4m-1.5m 4 1 0 24
1.5m-1.6m 4 1 0 24
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 3 0
1.8m-1.9m 1 0
1.9m-2m 2 0
2m-2.25m 3 1 1 0.1 18
2.25m-2.5m 5 0
2.5m-2.75m 3 1 0.1 18
2.75m-3m 7 0
3m-3.5m 2 0
3.5m-4m 2 0
4m-4.5m 1 0
4.5m-5m 3 0
5.01m-6m 2 1 1 0.1 12
6.01m-7m 1 0
8.01m-9m 2 0
9.01m-10m 1 0