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 1 0.2 6
101k-125k 5 2 0.8 0
126k-150k 6 6 0.2 6
151k-175k 11 4 2 0.1 16.5
176k-200k 6 7 1 0.2 5.1
201k-225k 7 5 1 0.1 8.4
226k-250k 8 19 3 0.4 2.5
251k-275k 7 9 1 0.2 4.7
276k-300k 23 23 5 0.2 6
301k-325k 14 37 4 0.4 2.3
326k-350k 29 56 8 0.3 3.1
351k-375k 17 43 6 0.4 2.4
376k-400k 20 44 11 0.4 2.7
401k-425k 15 42 12 0.5 2.1
426k-450k 27 34 8 0.2 4.8
451k-475k 17 27 7 0.3 3.8
476k-500k 26 30 2 0.2 5.2
501k-550k 25 63 15 0.4 2.4
551k-600k 16 43 9 0.4 2.2
601k-650k 14 16 5 0.2 5.3
651k-700k 12 12 4 0.2 6
701k-750k 8 11 6 0.2 4.4
751k-800k 4 13 3 0.5 1.8
801k-850k 8 9 2 0.2 5.3
851k-900k 6 11 3 0.3 3.3
901k-950k 7 1 1.2 0
951k-1m 1 2 0.3 3
1m-1.1m 5 1 0.8 0
1.1m-1.2m 4 0.7 0
1.2m-1.3m 2 3 2 0.3 4
1.3m-1.4m 3 2 0.1 9
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 3 1 0.1 18
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 2 2 0.2 6
1.9m-2m 3 1 0.1 18
2.25m-2.5m 3 0
2.5m-2.75m 1 3 0.5 2
2.75m-3m 2 0.3 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
32.01m-33m 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
101k-125k 1 0.2 0
126k-150k 1 0.2 0
151k-175k 1 0
176k-200k 1 4 1 0.7 1.5
201k-225k 2 4 0.3 3
226k-250k 2 3 0.3 4
251k-275k 7 5 1 0.1 8.4
276k-300k 7 4 0.1 10.5
301k-325k 4 5 0.2 4.8
326k-350k 6 8 1 0.2 4.5
351k-375k 1 4 1 0.7 1.5
376k-400k 2 11 4 0.9 1.1
401k-425k 7 13 2 0.3 3.2
426k-450k 7 10 3 0.2 4.2
451k-475k 5 0.8 0
476k-500k 1 4 1 0.7 1.5
501k-550k 3 3 0.2 6
551k-600k 4 1 0 24
601k-650k 3 1 0.1 18
651k-700k 1 2 1 0.3 3
951k-1m 1 0
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 1 0.2 6
2m-2.25m 2 0
2.25m-2.5m 1 1 1 0.2 6

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 2 1 0.3 0
51k-75k 2 9 4 0.8 1.3
76k-100k 9 22 5 0.4 2.5
101k-125k 24 32 3 0.2 4.5
126k-150k 66 47 10 0.1 8.4
151k-175k 77 74 7 0.2 6.2
176k-200k 94 56 7 0.1 10.1
201k-225k 68 41 3 0.1 10
226k-250k 69 30 6 0.1 13.8
251k-275k 35 19 4 0.1 11.1
276k-300k 29 15 2 0.1 11.6
301k-325k 14 11 0.1 7.6
326k-350k 14 11 1 0.1 7.6
351k-375k 7 3 0.1 14
376k-400k 5 6 1 0.2 5
401k-425k 4 5 0.2 4.8
426k-450k 6 6 0.2 6
451k-475k 3 1 0.1 18
476k-500k 4 5 0.2 4.8
501k-550k 2 3 1 0.3 4
551k-600k 8 2 0 24
601k-650k 3 2 0.1 9
651k-700k 3 2 0.1 9
701k-750k 5 6 1 0.2 5
751k-800k 3 1 1 0.1 18
801k-850k 3 3 2 0.2 6
851k-900k 5 2 1 0.1 15
951k-1m 2 2 1 0.2 6
1m-1.1m 3 2 0.1 9
1.1m-1.2m 7 4 0.1 10.5
1.2m-1.3m 4 0
1.3m-1.4m 2 1 0.3 0
1.4m-1.5m 7 1 0 42
1.5m-1.6m 1 0
1.6m-1.7m 5 1 0 30
1.7m-1.8m 1 0
1.8m-1.9m 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 1 0
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
51k-75k 1 0
76k-100k 1 2 0.3 3
101k-125k 6 3 0.1 12
126k-150k 1 1 0.2 6
151k-175k 1 1 0.2 6
176k-200k 2 0
201k-225k 1 0
226k-250k 1 0
276k-300k 1 0
376k-400k 1 1 0.2 6
401k-425k 1 0
426k-450k 2 0
476k-500k 1 0
551k-600k 1 0
601k-650k 2 2 0.3 0
651k-700k 1 0
701k-750k 1 0
1.3m-1.4m 1 0
1.5m-1.6m 2 0
1.8m-1.9m 1 0.2 0
7.01m-8m 1 0