Supply & Demand in Zephyrhills, 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 1 0.2 0
51k-75k 2 0.3 0
76k-100k 1 1 0.2 0
101k-125k 1 0
126k-150k 1 6 1 1 1
151k-175k 5 2 0.8 0
176k-200k 6 11 2 0.3 3.3
201k-225k 5 12 2 0.4 2.5
226k-250k 13 29 4 0.4 2.7
251k-275k 19 20 3 0.2 5.7
276k-300k 16 29 6 0.3 3.3
301k-325k 20 43 4 0.4 2.8
326k-350k 47 68 6 0.2 4.1
351k-375k 42 70 13 0.3 3.6
376k-400k 57 76 10 0.2 4.5
401k-425k 20 55 7 0.5 2.2
426k-450k 15 37 5 0.4 2.4
451k-475k 10 16 1 0.3 3.8
476k-500k 8 20 3 0.4 2.4
501k-550k 20 28 4 0.2 4.3
551k-600k 19 14 4 0.1 8.1
601k-650k 18 9 1 0.1 12
651k-700k 16 4 0 24
701k-750k 5 3 0.1 10
751k-800k 5 3 0.1 10
801k-850k 2 3 2 0.3 4
851k-900k 1 2 1 0.3 3
901k-950k 5 1 0.8 0
951k-1m 3 4 1 0.2 4.5
1m-1.1m 2 6 2 0.5 2
1.1m-1.2m 2 0.3 0
1.2m-1.3m 4 1 0.7 0
1.3m-1.4m 3 1 0.5 0
1.5m-1.6m 1 0.2 0
1.6m-1.7m 1 0.2 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
176k-200k 4 3 0.1 8
201k-225k 4 8 1 0.3 3
226k-250k 6 62 6 1.7 0.6
251k-275k 1 15 1 2.5 0.4
276k-300k 4 8 1 0.3 3
301k-325k 16 2.7 0
326k-350k 5 1 0.8 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
76k-100k 3 2 1 0.1 9
101k-125k 1 1 0.2 6
126k-150k 10 4 0.1 15
151k-175k 2 4 0.3 3
176k-200k 3 1 0.1 18

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
1k-25k 1 0
26k-50k 5 3 0.1 10
51k-75k 9 3 0.1 18
76k-100k 4 6 1 0.3 4
101k-125k 5 1 0.8 0
126k-150k 5 0
151k-175k 2 3 0.3 4
176k-200k 4 1 1 0 24
201k-225k 1 0
251k-275k 1 1 0.2 6
276k-300k 1 1 0.2 6
301k-325k 1 0
326k-350k 2 0
351k-375k 1 1 0.2 6
401k-425k 1 0
426k-450k 1 0
501k-550k 1 0
551k-600k 2 0
701k-750k 1 0
801k-850k 1 0
951k-1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.4m-1.5m 1 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 2 0