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 10 6 1 0.1 10
201k-225k 10 5 1 0.1 12
226k-250k 6 20 6 0.6 1.8
251k-275k 9 11 0.2 4.9
276k-300k 18 21 5 0.2 5.1
301k-325k 13 43 9 0.6 1.8
326k-350k 33 59 3 0.3 3.4
351k-375k 19 44 5 0.4 2.6
376k-400k 27 48 3 0.3 3.4
401k-425k 15 36 5 0.4 2.5
426k-450k 24 31 6 0.2 4.6
451k-475k 28 26 2 0.2 6.5
476k-500k 27 35 10 0.2 4.6
501k-550k 26 57 8 0.4 2.7
551k-600k 15 42 6 0.5 2.1
601k-650k 15 13 3 0.1 6.9
651k-700k 8 14 1 0.3 3.4
701k-750k 8 8 1 0.2 6
751k-800k 4 20 5 0.8 1.2
801k-850k 5 10 1 0.3 3
851k-900k 4 9 5 0.4 2.7
901k-950k 3 9 0.5 2
951k-1m 4 3 2 0.1 8
1m-1.1m 2 7 1 0.6 1.7
1.1m-1.2m 1 6 1 1 1
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 5 1 1 0 30
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 3 1 0.5 0
1.7m-1.8m 3 3 1 0.2 6
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 2 1 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
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
101k-125k 1 1 0.2 0
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 10 4 0.1 15
276k-300k 8 6 1 0.1 8
301k-325k 6 5 3 0.1 7.2
326k-350k 2 9 2 0.8 1.3
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 21 5 0.5 2
101k-125k 21 39 4 0.3 3.2
126k-150k 67 46 9 0.1 8.7
151k-175k 87 86 10 0.2 6.1
176k-200k 90 57 11 0.1 9.5
201k-225k 69 46 7 0.1 9
226k-250k 68 38 3 0.1 10.7
251k-275k 35 23 6 0.1 9.1
276k-300k 33 21 2 0.1 9.4
301k-325k 18 14 1 0.1 7.7
326k-350k 14 14 1 0.2 6
351k-375k 8 4 2 0.1 12
376k-400k 6 5 1 0.1 7.2
401k-425k 3 8 0.4 2.3
426k-450k 8 7 1 0.1 6.9
451k-475k 4 1 0 24
476k-500k 6 8 0.2 4.5
501k-550k 3 4 0.2 4.5
551k-600k 5 2 0.1 15
601k-650k 6 5 0.1 7.2
651k-700k 6 2 0.1 18
701k-750k 4 9 2 0.4 2.7
751k-800k 5 0
801k-850k 4 1 0 24
851k-900k 5 2 0.1 15
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 1 0
651k-700k 1 0
751k-800k 2 0
1.5m-1.6m 2 0
1.8m-1.9m 1 1 0.2 0
7.01m-8m 1 0