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 8 5 1 0.1 9.6
226k-250k 7 20 4 0.5 2.1
251k-275k 9 10 2 0.2 5.4
276k-300k 21 22 4 0.2 5.7
301k-325k 13 38 2 0.5 2.1
326k-350k 27 57 6 0.4 2.8
351k-375k 14 43 8 0.5 2
376k-400k 20 47 15 0.4 2.6
401k-425k 16 44 10 0.5 2.2
426k-450k 28 36 8 0.2 4.7
451k-475k 19 27 7 0.2 4.2
476k-500k 23 30 3 0.2 4.6
501k-550k 24 62 12 0.4 2.3
551k-600k 19 45 9 0.4 2.5
601k-650k 15 17 6 0.2 5.3
651k-700k 9 12 2 0.2 4.5
701k-750k 9 11 5 0.2 4.9
751k-800k 3 13 3 0.7 1.4
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 2 0
176k-200k 2 4 1 0.3 3
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 8 3 0.1 16
301k-325k 4 5 0.2 4.8
326k-350k 7 8 1 0.2 5.3
351k-375k 4 1 0.7 0
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 2 4 1 0.3 3
501k-550k 2 3 0.3 4
551k-600k 3 1 0.1 18
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 3 0.4 2.6
101k-125k 25 35 5 0.2 4.3
126k-150k 68 48 7 0.1 8.5
151k-175k 73 73 10 0.2 6
176k-200k 91 55 6 0.1 9.9
201k-225k 77 41 1 0.1 11.3
226k-250k 61 30 5 0.1 12.2
251k-275k 34 19 3 0.1 10.7
276k-300k 32 15 1 0.1 12.8
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 4 2 0.1 12
651k-700k 2 2 0.2 6
701k-750k 4 6 1 0.3 4
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 1 2 0.3 3
1.4m-1.5m 6 1 0 36
1.5m-1.6m 1 0
1.6m-1.7m 5 1 0 30
1.7m-1.8m 2 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
4.5m-5m 1 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
301k-325k 1 0
376k-400k 1 0.2 0
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
2.25m-2.5m 1 0
7.01m-8m 1 0