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
76k-100k 3 0.5 0
101k-125k 7 3 1.2 0
126k-150k 2 22 2 1.8 0.5
151k-175k 3 23 6 1.3 0.8
176k-200k 13 35 9 0.4 2.2
201k-225k 16 51 9 0.5 1.9
226k-250k 20 86 16 0.7 1.4
251k-275k 32 96 13 0.5 2
276k-300k 67 149 25 0.4 2.7
301k-325k 67 150 30 0.4 2.7
326k-350k 101 225 32 0.4 2.7
351k-375k 75 185 20 0.4 2.4
376k-400k 131 227 45 0.3 3.5
401k-425k 108 183 34 0.3 3.5
426k-450k 126 199 32 0.3 3.8
451k-475k 92 144 25 0.3 3.8
476k-500k 131 166 22 0.2 4.7
501k-550k 173 235 35 0.2 4.4
551k-600k 131 152 29 0.2 5.2
601k-650k 88 131 15 0.2 4
651k-700k 87 100 17 0.2 5.2
701k-750k 66 113 21 0.3 3.5
751k-800k 44 68 9 0.3 3.9
801k-850k 35 60 10 0.3 3.5
851k-900k 38 62 14 0.3 3.7
901k-950k 35 32 3 0.2 6.6
951k-1m 29 33 8 0.2 5.3
1m-1.1m 28 42 5 0.3 4
1.1m-1.2m 39 44 10 0.2 5.3
1.2m-1.3m 36 39 3 0.2 5.5
1.3m-1.4m 25 30 2 0.2 5
1.4m-1.5m 27 23 5 0.1 7
1.5m-1.6m 20 22 5 0.2 5.5
1.6m-1.7m 17 19 4 0.2 5.4
1.7m-1.8m 13 20 3 0.3 3.9
1.8m-1.9m 11 15 1 0.2 4.4
1.9m-2m 15 17 4 0.2 5.3
2m-2.25m 18 22 2 0.2 4.9
2.25m-2.5m 22 18 3 0.1 7.3
2.5m-2.75m 20 16 2 0.1 7.5
2.75m-3m 26 17 4 0.1 9.2
3m-3.5m 22 6 0 22
3.5m-4m 22 10 2 0.1 13.2
4m-4.5m 8 9 3 0.2 5.3
4.5m-5m 5 1 0 30
5.01m-6m 8 2 1 0 24
6.01m-7m 2 4 0.3 3
7.01m-8m 3 1 0.1 18
8.01m-9m 2 2 0.2 6
9.01m-10m 1 0
10.01m-11m 2 1 0.1 12
11.01m-12m 3 0
13.01m-14m 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
51k-75k 1 0.2 0
76k-100k 1 0.2 0
126k-150k 1 1 0.2 6
151k-175k 2 10 3 0.8 1.2
176k-200k 7 9 2 0.2 4.7
201k-225k 19 38 6 0.3 3
226k-250k 34 44 6 0.2 4.6
251k-275k 27 49 0.3 3.3
276k-300k 29 51 8 0.3 3.4
301k-325k 25 54 16 0.4 2.8
326k-350k 25 42 2 0.3 3.6
351k-375k 16 24 2 0.3 4
376k-400k 32 30 8 0.2 6.4
401k-425k 20 18 4 0.2 6.7
426k-450k 13 19 2 0.2 4.1
451k-475k 14 10 0.1 8.4
476k-500k 10 14 1 0.2 4.3
501k-550k 16 27 4 0.3 3.6
551k-600k 20 32 2 0.3 3.8
601k-650k 18 19 2 0.2 5.7
651k-700k 19 6 0.1 19
701k-750k 21 20 4 0.2 6.3
751k-800k 16 25 1 0.3 3.8
801k-850k 14 12 1 0.1 7
851k-900k 14 10 4 0.1 8.4
901k-950k 5 11 4 0.4 2.7
951k-1m 6 5 0.1 7.2
1m-1.1m 1 6 1 1
1.1m-1.2m 5 0
1.2m-1.3m 4 3 1 0.1 8
1.3m-1.4m 2 3 0.3 4
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 5 1 0 30
1.6m-1.7m 1 2 1 0.3 3
2m-2.25m 1 0
2.25m-2.5m 2 0
2.5m-2.75m 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 3 0.5 0
51k-75k 4 1 0.7 0
76k-100k 9 17 4 0.3 3.2
101k-125k 37 33 4 0.1 6.7
126k-150k 48 53 5 0.2 5.4
151k-175k 68 51 6 0.1 8
176k-200k 79 51 8 0.1 9.3
201k-225k 48 44 8 0.2 6.5
226k-250k 44 44 5 0.2 6
251k-275k 20 26 2 0.2 4.6
276k-300k 41 24 0.1 10.3
301k-325k 17 15 2 0.1 6.8
326k-350k 21 15 2 0.1 8.4
351k-375k 15 18 2 0.2 5
376k-400k 14 12 3 0.1 7
401k-425k 11 15 3 0.2 4.4
426k-450k 9 7 1 0.1 7.7
451k-475k 5 6 0.2 5
476k-500k 17 8 1 0.1 12.8
501k-550k 14 22 1 0.3 3.8
551k-600k 8 10 2 0.2 4.8
601k-650k 15 8 0.1 11.3
651k-700k 12 8 1 0.1 9
701k-750k 11 3 1 0 22
751k-800k 6 5 1 0.1 7.2
801k-850k 4 2 0.1 12
851k-900k 6 3 0.1 12
901k-950k 4 4 1 0.2 6
951k-1m 5 3 0.1 10
1m-1.1m 11 2 0 33
1.1m-1.2m 4 1 0 24
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 3 0.5 0
1.4m-1.5m 4 2 1 0.1 12
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 2 3 2 0.3 4
1.7m-1.8m 4 2 1 0.1 12
1.8m-1.9m 5 1 0 30
1.9m-2m 4 4 2 0.2 6
2m-2.25m 13 1 0 78
2.25m-2.5m 10 1 1 0 60
2.5m-2.75m 5 0
2.75m-3m 3 2 1 0.1 9
3m-3.5m 8 3 1 0.1 16
3.5m-4m 3 0
4m-4.5m 4 0
4.5m-5m 2 0
5.01m-6m 2 0
6.01m-7m 1 2 2 0.3 3
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 2 2 0.2 6
51k-75k 5 9 1 0.3 3.3
76k-100k 21 11 1 0.1 11.5
101k-125k 12 4 2 0.1 18
126k-150k 19 6 0.1 19
151k-175k 7 6 2 0.1 7
176k-200k 14 4 1 0 21
201k-225k 8 3 2 0.1 16
226k-250k 13 2 0 39
251k-275k 4 3 0.1 8
276k-300k 7 5 0.1 8.4
301k-325k 7 3 1 0.1 14
326k-350k 11 2 0 33
376k-400k 9 2 0 27
401k-425k 1 2 0.3 3
426k-450k 11 0
451k-475k 5 2 0.1 15
476k-500k 4 1 0 24
501k-550k 3 1 0.1 18
551k-600k 13 4 1 0.1 19.5
601k-650k 4 3 0.1 8
651k-700k 5 8 1 0.3 3.8
701k-750k 5 2 0.1 15
751k-800k 4 2 0.1 12
801k-850k 6 2 0.1 18
851k-900k 11 3 0 22
901k-950k 3 0
951k-1m 7 1 0 42
1m-1.1m 3 0
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 9 2 2 0 27
1.3m-1.4m 4 0
1.4m-1.5m 5 1 0 30
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 3 1 0.1 18
1.8m-1.9m 1 0
1.9m-2m 4 1 0 24
2m-2.25m 2 2 1 0.2 6
2.25m-2.5m 5 1 1 0 30
2.5m-2.75m 3 0
2.75m-3m 6 0
3m-3.5m 1 0
3.5m-4m 2 0
4m-4.5m 1 0
4.5m-5m 2 0
5.01m-6m 2 1 0.1 12
6.01m-7m 1 1 0.2 0
7.01m-8m 1 1 0.2 0
8.01m-9m 2 0
9.01m-10m 1 0