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 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 1 0.2 0
101k-125k 1 3 1 0.5 2
126k-150k 5 8 3 0.3 3.8
151k-175k 6 2 0.1 18
176k-200k 9 6 1 0.1 9
201k-225k 11 5 1 0.1 13.2
226k-250k 5 19 5 0.6 1.6
251k-275k 9 11 0.2 4.9
276k-300k 20 21 5 0.2 5.7
301k-325k 13 41 7 0.5 1.9
326k-350k 33 58 2 0.3 3.4
351k-375k 21 43 4 0.3 2.9
376k-400k 29 47 3 0.3 3.7
401k-425k 13 36 5 0.5 2.2
426k-450k 22 29 5 0.2 4.6
451k-475k 27 26 2 0.2 6.2
476k-500k 29 32 7 0.2 5.4
501k-550k 25 56 8 0.4 2.7
551k-600k 14 43 6 0.5 2
601k-650k 16 13 2 0.1 7.4
651k-700k 10 14 1 0.2 4.3
701k-750k 8 8 1 0.2 6
751k-800k 5 20 6 0.7 1.5
801k-850k 4 10 1 0.4 2.4
851k-900k 4 8 4 0.3 3
901k-950k 2 9 0.8 1.3
951k-1m 5 3 2 0.1 10
1m-1.1m 3 7 1 0.4 2.6
1.1m-1.2m 1 6 1 1 1
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 3 2 0.1 9
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 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
126k-150k 1 0.2 0
151k-175k 1 0
176k-200k 1 3 0.5 2
201k-225k 4 5 1 0.2 4.8
226k-250k 2 4 0.3 3
251k-275k 9 4 0.1 13.5
276k-300k 8 7 1 0.1 6.9
301k-325k 6 5 3 0.1 7.2
326k-350k 3 9 2 0.5 2
351k-375k 1 2 0.3 3
376k-400k 3 7 0.4 2.6
401k-425k 10 13 3 0.2 4.6
426k-450k 6 9 3 0.3 4
451k-475k 2 6 0.5 2
476k-500k 1 7 1.2 0.9
501k-550k 3 4 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 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 0.2 0
51k-75k 4 6 1 0.3 4
76k-100k 7 19 4 0.5 2.2
101k-125k 20 39 4 0.3 3.1
126k-150k 65 45 8 0.1 8.7
151k-175k 83 85 8 0.2 5.9
176k-200k 92 56 10 0.1 9.9
201k-225k 72 44 5 0.1 9.8
226k-250k 65 38 3 0.1 10.3
251k-275k 36 23 6 0.1 9.4
276k-300k 33 21 2 0.1 9.4
301k-325k 20 14 1 0.1 8.6
326k-350k 14 14 1 0.2 6
351k-375k 9 4 2 0.1 13.5
376k-400k 6 4 0.1 9
401k-425k 3 8 0.4 2.3
426k-450k 8 7 2 0.1 6.9
451k-475k 5 1 0 30
476k-500k 6 8 0.2 4.5
501k-550k 4 4 0.2 6
551k-600k 4 2 0.1 12
601k-650k 6 5 0.1 7.2
651k-700k 6 3 0.1 12
701k-750k 4 9 2 0.4 2.7
751k-800k 6 0
801k-850k 4 1 0 24
851k-900k 4 2 0.1 12
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 4 1 0.1 10.5
1.2m-1.3m 5 0
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 1 0 24
1.7m-1.8m 1 0
1.9m-2m 1 3 0.5 2
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 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 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
226k-250k 1 0
276k-300k 2 0
301k-325k 2 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