Absorption Report

Clearwater

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
26k-50k 1 1 0.2 0
51k-75k 3 1 0.5 0
76k-100k 3 7 3 0.4 2.6
101k-125k 1 10 1 1.7 0.6
126k-150k 3 12 2 0.7 1.5
151k-175k 8 13 3 0.3 3.7
176k-200k 21 35 6 0.3 3.6
201k-225k 22 47 5 0.4 2.8
226k-250k 23 86 17 0.6 1.6
251k-275k 42 91 18 0.4 2.8
276k-300k 49 171 26 0.6 1.7
301k-325k 50 151 29 0.5 2
326k-350k 86 142 29 0.3 3.6
351k-375k 53 104 20 0.3 3.1
376k-400k 64 106 28 0.3 3.6
401k-425k 31 49 8 0.3 3.8
426k-450k 40 49 12 0.2 4.9
451k-475k 15 36 9 0.4 2.5
476k-500k 18 21 4 0.2 5.1
501k-550k 32 35 9 0.2 5.5
551k-600k 23 30 10 0.2 4.6
601k-650k 12 19 2 0.3 3.8
651k-700k 20 15 3 0.1 8
701k-750k 8 14 3 0.3 3.4
751k-800k 10 13 1 0.2 4.6
801k-850k 5 8 2 0.3 3.8
851k-900k 6 0
901k-950k 6 3 2 0.1 12
951k-1m 1 3 0.5 2
1m-1.1m 5 2 0.8 0
1.1m-1.2m 4 6 0.3 4
1.2m-1.3m 2 4 1 0.3 3
1.3m-1.4m 3 0
1.4m-1.5m 1 1 1 0.2 6
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 1 0.2 6
1.9m-2m 2 0
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 0
3m-3.5m 1 0
4m-4.5m 1 0
4.5m-5m 1 0