Supply & Demand in The Villages, 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 % 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
151k-175k 1 0.2 0
176k-200k 1 4 1 0.7 1.5
201k-225k 4 22 8 0.9 1.1
226k-250k 12 50 10 0.7 1.4
251k-275k 48 68 17 0.2 4.2
276k-300k 67 87 18 0.2 4.6
301k-325k 62 86 24 0.2 4.3
326k-350k 64 89 26 0.2 4.3
351k-375k 47 67 13 0.2 4.2
376k-400k 52 67 15 0.2 4.7
401k-425k 23 47 12 0.3 2.9
426k-450k 39 36 10 0.2 6.5
451k-475k 13 32 5 0.4 2.4
476k-500k 30 27 7 0.2 6.7
501k-550k 28 54 8 0.3 3.1
551k-600k 24 23 5 0.2 6.3
601k-650k 15 20 3 0.2 4.5
651k-700k 13 17 8 0.2 4.6
701k-750k 9 14 2 0.3 3.9
751k-800k 10 13 4 0.2 4.6
801k-850k 5 14 0.5 2.1
851k-900k 9 6 2 0.1 9
901k-950k 4 5 0.2 4.8
951k-1m 4 1 0 24
1m-1.1m 7 2 1 0 21
1.1m-1.2m 2 4 1 0.3 3
1.2m-1.3m 5 1 0 30
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 3 0.5 0
1.5m-1.6m 2 4 1 0.3 3
1.9m-2m 2 0
2m-2.25m 1 3 0.5 2
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 0.2 0