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 1 5 2 0.8 1.2
126k-150k 5 6 0.2 5
151k-175k 10 4 2 0.1 15
176k-200k 7 7 2 0.2 6
201k-225k 7 5 1 0.1 8.4
226k-250k 7 19 3 0.5 2.2
251k-275k 7 9 1 0.2 4.7
276k-300k 22 22 4 0.2 6
301k-325k 14 37 1 0.4 2.3
326k-350k 27 56 6 0.3 2.9
351k-375k 15 43 6 0.5 2.1
376k-400k 19 44 11 0.4 2.6
401k-425k 16 42 9 0.4 2.3
426k-450k 27 34 6 0.2 4.8
451k-475k 17 28 7 0.3 3.6
476k-500k 25 30 2 0.2 5
501k-550k 24 63 12 0.4 2.3
551k-600k 16 44 8 0.5 2.2
601k-650k 14 16 5 0.2 5.3
651k-700k 11 12 4 0.2 5.5
701k-750k 8 11 5 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 8 5 1 0.1 9.6
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 3 11 4 0.6 1.6
401k-425k 7 13 2 0.3 3.2
426k-450k 7 10 2 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 3 0.8 1.3
76k-100k 9 21 4 0.4 2.6
101k-125k 24 32 2 0.2 4.5
126k-150k 65 47 7 0.1 8.3
151k-175k 73 74 8 0.2 5.9
176k-200k 96 55 7 0.1 10.5
201k-225k 73 41 3 0.1 10.7
226k-250k 65 30 5 0.1 13
251k-275k 35 19 3 0.1 11.1
276k-300k 30 15 1 0.1 12
301k-325k 14 11 0.1 7.6
326k-350k 14 11 1 0.1 7.6
351k-375k 8 3 0.1 16
376k-400k 5 6 1 0.2 5
401k-425k 3 6 1 0.3 3
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 2 2 0.2 6
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 4 2 0.1 12
1.1m-1.2m 8 4 0.1 12
1.2m-1.3m 4 0
1.3m-1.4m 2 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
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.8m-1.9m 1 0.2 0
7.01m-8m 1 0