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 8 0.2 4.5
151k-175k 9 4 3 0.1 13.5
176k-200k 7 7 1 0.2 6
201k-225k 7 4 1 0.1 10.5
226k-250k 6 20 3 0.6 1.8
251k-275k 9 10 2 0.2 5.4
276k-300k 21 22 3 0.2 5.7
301k-325k 9 42 6 0.8 1.3
326k-350k 26 59 10 0.4 2.6
351k-375k 17 43 10 0.4 2.4
376k-400k 24 42 8 0.3 3.4
401k-425k 17 40 11 0.4 2.6
426k-450k 26 33 9 0.2 4.7
451k-475k 18 26 5 0.2 4.2
476k-500k 27 30 2 0.2 5.4
501k-550k 26 64 15 0.4 2.4
551k-600k 13 43 8 0.6 1.8
601k-650k 11 15 3 0.2 4.4
651k-700k 13 11 2 0.1 7.1
701k-750k 8 12 5 0.3 4
751k-800k 5 13 2 0.4 2.3
801k-850k 7 10 1 0.2 4.2
851k-900k 4 11 3 0.5 2.2
901k-950k 2 8 2 0.7 1.5
951k-1m 1 3 0.5 2
1m-1.1m 1 5 0.8 1.2
1.1m-1.2m 1 5 0.8 1.2
1.2m-1.3m 3 4 3 0.2 4.5
1.3m-1.4m 3 2 1 0.1 9
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 1 1 0.2 6
1.7m-1.8m 3 2 1 0.1 9
1.8m-1.9m 1 3 0.5 2
1.9m-2m 4 1 0 24
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0
2.5m-2.75m 1 3 0.5 2
2.75m-3m 2 0.3 0
3.5m-4m 2 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 1 0.2 0
126k-150k 1 0.2 0
151k-175k 1 0
176k-200k 1 3 0.5 2
201k-225k 3 5 0.3 3.6
226k-250k 3 3 0.2 6
251k-275k 8 4 0.1 12
276k-300k 7 5 0.1 8.4
301k-325k 4 5 0.2 4.8
326k-350k 4 8 1 0.3 3
351k-375k 4 1 0.7 0
376k-400k 2 9 2 0.8 1.3
401k-425k 8 14 3 0.3 3.4
426k-450k 7 11 3 0.3 3.8
451k-475k 1 6 1 1 1
476k-500k 1 5 1 0.8 1.2
501k-550k 3 3 0.2 6
551k-600k 2 1 0.1 12
601k-650k 3 1 0.1 18
651k-700k 2 1 0.3 0
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 7 1 0.6 1.7
76k-100k 8 21 5 0.4 2.3
101k-125k 26 36 6 0.2 4.3
126k-150k 67 50 10 0.1 8
151k-175k 80 79 10 0.2 6.1
176k-200k 92 57 7 0.1 9.7
201k-225k 65 44 5 0.1 8.9
226k-250k 68 33 5 0.1 12.4
251k-275k 35 17 3 0.1 12.4
276k-300k 30 18 2 0.1 10
301k-325k 16 12 0.1 8
326k-350k 14 14 2 0.2 6
351k-375k 7 3 0.1 14
376k-400k 5 6 2 0.2 5
401k-425k 1 5 0.8 1.2
426k-450k 8 7 0.1 6.9
451k-475k 4 1 0 24
476k-500k 5 6 0.2 5
501k-550k 3 4 1 0.2 4.5
551k-600k 8 2 0 24
601k-650k 4 3 0.1 8
651k-700k 5 2 0.1 15
701k-750k 6 7 0.2 5.1
751k-800k 4 1 1 0 24
801k-850k 3 2 1 0.1 9
851k-900k 5 2 1 0.1 15
951k-1m 2 2 1 0.2 6
1m-1.1m 4 3 0.1 8
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 6 1 0 36
1.5m-1.6m 2 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 2 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
1k-25k 1 0
51k-75k 1 0
76k-100k 2 2 0.2 6
101k-125k 6 3 0.1 12
126k-150k 1 1 0.2 6
151k-175k 1 0.2 0
176k-200k 2 0
226k-250k 1 0
276k-300k 3 0
376k-400k 1 1 0.2 6
401k-425k 1 0
426k-450k 1 0
476k-500k 2 0
501k-550k 1 0
551k-600k 1 0
601k-650k 2 2 0.3 0
651k-700k 1 0
701k-750k 1 0
751k-800k 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