Supply & Demand in Winter Haven, 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
-24,000-0 1 0.2 0
26k-50k 2 1 0.1 12
51k-75k 4 1 0.7 0
76k-100k 2 0.3 0
101k-125k 1 1 0.2 6
126k-150k 5 12 2 0.4 2.5
151k-175k 6 16 2 0.4 2.3
176k-200k 29 35 5 0.2 5
201k-225k 33 41 9 0.2 4.8
226k-250k 53 67 7 0.2 4.7
251k-275k 60 112 16 0.3 3.2
276k-300k 119 107 26 0.1 6.7
301k-325k 92 93 14 0.2 5.9
326k-350k 66 74 16 0.2 5.4
351k-375k 38 42 7 0.2 5.4
376k-400k 37 28 4 0.1 7.9
401k-425k 15 20 3 0.2 4.5
426k-450k 15 9 1 0.1 10
451k-475k 9 13 3 0.2 4.2
476k-500k 11 12 2 0.2 5.5
501k-550k 3 8 1 0.4 2.3
551k-600k 6 3 0.1 12
601k-650k 2 11 3 0.9 1.1
651k-700k 5 4 0.1 7.5
701k-750k 4 7 3 0.3 3.4
751k-800k 8 2 0 24
801k-850k 2 0
851k-900k 1 0.2 0
901k-950k 1 0.2 0
951k-1m 1 0
1.1m-1.2m 2 0
1.4m-1.5m 2 0.3 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 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
101k-125k 1 0
126k-150k 1 0
151k-175k 1 0.2 0
176k-200k 3 0
201k-225k 4 2 1 0.1 12
226k-250k 8 9 0.2 5.3
251k-275k 4 1 0 24
276k-300k 1 0
426k-450k 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
51k-75k 4 5 1 0.2 4.8
76k-100k 8 9 1 0.2 5.3
101k-125k 17 9 2 0.1 11.3
126k-150k 16 7 1 0.1 13.7
151k-175k 5 13 2 0.4 2.3
176k-200k 5 1 0 30
201k-225k 2 3 2 0.3 4
226k-250k 1 1 1 0.2 6

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 3 2 1 0.1 9
26k-50k 14 11 8 0.1 7.6
51k-75k 3 1 0.1 18
76k-100k 3 0
101k-125k 1 0
126k-150k 4 1 0 24
151k-175k 2 0
176k-200k 1 1 0.2 6
201k-225k 3 0
226k-250k 5 0
251k-275k 1 0.2 0
276k-300k 4 2 0.1 12
301k-325k 1 1 0.2 0
326k-350k 1 0
376k-400k 3 0
426k-450k 1 0
451k-475k 1 0
476k-500k 1 0
601k-650k 1 0
651k-700k 1 1 0.2 6
701k-750k 2 0
751k-800k 1 0
801k-850k 1 0
851k-900k 1 0
901k-950k 1 1 0.2 6
951k-1m 2 1 0.1 12
1m-1.1m 2 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0.2 0
3.5m-4m 1 0
4m-4.5m 1 0
5.01m-6m 2 0