Absorption Report

Clearwater, 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 Since 12/31 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 1 0.2 0
101k-125k 1 3 1 0.5 2
126k-150k 5 7 2 0.2 4.3
151k-175k 7 4 0.1 10.5
176k-200k 10 5 0.1 12
201k-225k 9 5 2 0.1 10.8
226k-250k 8 18 4 0.4 2.7
251k-275k 8 11 0.2 4.4
276k-300k 22 22 6 0.2 6
301k-325k 12 43 8 0.6 1.7
326k-350k 30 59 3 0.3 3.1
351k-375k 23 46 5 0.3 3
376k-400k 31 50 3 0.3 3.7
401k-425k 15 35 6 0.4 2.6
426k-450k 23 30 7 0.2 4.6
451k-475k 23 28 2 0.2 4.9
476k-500k 28 34 8 0.2 4.9
501k-550k 25 56 10 0.4 2.7
551k-600k 16 44 7 0.5 2.2
601k-650k 15 14 2 0.2 6.4
651k-700k 13 14 2 0.2 5.6
701k-750k 8 8 1 0.2 6
751k-800k 5 20 5 0.7 1.5
801k-850k 3 10 1 0.6 1.8
851k-900k 4 6 2 0.3 4
901k-950k 3 9 0.5 2
951k-1m 5 2 1 0.1 15
1m-1.1m 2 7 2 0.6 1.7
1.1m-1.2m 3 6 1 0.3 3
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 4 1 1 0 24
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 4 2 0.1 12
1.6m-1.7m 2 0.3 0
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 1 3 1 0.5 2
1.9m-2m 4 1 0 24
2m-2.25m 2 1 0.1 12
2.25m-2.5m 3 0
2.5m-2.75m 1 3 1 0.5 2
2.75m-3m 1 0.2 0
3m-3.5m 1 0
3.5m-4m 3 0
5.01m-6m 2 0
7.01m-8m 2 0
8.01m-9m 1 0
16.01m-17m 1 0
17.01m-18m 1 0
37.01m-38m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
126k-150k 1 0.2 0
151k-175k 1 0
176k-200k 1 3 1 0.5 2
201k-225k 4 4 1 0.2 6
226k-250k 2 4 0.3 3
251k-275k 10 4 1 0.1 15
276k-300k 7 7 1 0.2 6
301k-325k 6 5 2 0.1 7.2
326k-350k 3 8 1 0.4 2.3
351k-375k 1 3 0.5 2
376k-400k 3 7 1 0.4 2.6
401k-425k 10 13 4 0.2 4.6
426k-450k 6 9 3 0.3 4
451k-475k 2 6 1 0.5 2
476k-500k 2 7 0.6 1.7
501k-550k 3 4 1 0.2 4.5
551k-600k 2 2 0.2 6
601k-650k 3 2 0.1 9
651k-700k 1 0.2 0
951k-1m 1 1 0.2 6
1.2m-1.3m 1 0.2 0
1.3m-1.4m 1 0
1.5m-1.6m 2 0
1.8m-1.9m 1 0.2 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 4 6 2 0.3 4
76k-100k 7 17 2 0.4 2.5
101k-125k 22 40 2 0.3 3.3
126k-150k 61 42 6 0.1 8.7
151k-175k 82 84 8 0.2 5.9
176k-200k 94 53 7 0.1 10.6
201k-225k 71 45 4 0.1 9.5
226k-250k 63 39 4 0.1 9.7
251k-275k 35 24 5 0.1 8.8
276k-300k 32 20 2 0.1 9.6
301k-325k 17 15 4 0.1 6.8
326k-350k 15 14 2 0.2 6.4
351k-375k 9 4 2 0.1 13.5
376k-400k 6 5 1 0.1 7.2
401k-425k 3 8 1 0.4 2.3
426k-450k 7 7 2 0.2 6
451k-475k 4 1 0 24
476k-500k 7 8 1 0.2 5.3
501k-550k 3 5 0.3 3.6
551k-600k 3 2 0.1 9
601k-650k 8 6 0.1 8
651k-700k 6 3 0.1 12
701k-750k 4 10 2 0.4 2.4
751k-800k 5 0
801k-850k 4 1 0 24
851k-900k 4 3 0.1 8
901k-950k 1 1 0.2 6
951k-1m 3 2 0.1 9
1m-1.1m 4 3 0.1 8
1.1m-1.2m 7 3 0.1 14
1.2m-1.3m 5 1 0 30
1.3m-1.4m 1 2 0.3 3
1.4m-1.5m 5 2 0.1 15
1.5m-1.6m 2 0
1.6m-1.7m 4 2 0.1 12
1.7m-1.8m 1 0
1.9m-2m 1 3 0.5 2
2m-2.25m 1 0.2 0
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 0
3m-3.5m 2 1 0.1 12
3.5m-4m 1 0.2 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 1 2 0.3 3
101k-125k 5 4 0.1 7.5
126k-150k 1 2 0.3 3
151k-175k 1 0.2 0
176k-200k 2 0
201k-225k 1 0
276k-300k 2 0
301k-325k 3 0
376k-400k 1 1 0.2 0
401k-425k 1 0
426k-450k 1 0
476k-500k 3 0
501k-550k 1 0
551k-600k 2 0
651k-700k 1 0
751k-800k 2 0
1.3m-1.4m 1 0
1.5m-1.6m 2 0
1.8m-1.9m 1 1 0.2 0
7.01m-8m 1 0