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 7 3 1 0.1 14
176k-200k 10 6 1 0.1 10
201k-225k 7 5 2 0.1 8.4
226k-250k 7 19 5 0.5 2.2
251k-275k 9 10 0.2 5.4
276k-300k 21 20 4 0.2 6.3
301k-325k 11 42 8 0.6 1.6
326k-350k 31 57 3 0.3 3.3
351k-375k 16 43 7 0.4 2.2
376k-400k 25 43 3 0.3 3.5
401k-425k 18 35 7 0.3 3.1
426k-450k 23 32 5 0.2 4.3
451k-475k 23 26 2 0.2 5.3
476k-500k 28 32 7 0.2 5.3
501k-550k 25 57 5 0.4 2.6
551k-600k 19 41 6 0.4 2.8
601k-650k 17 13 3 0.1 7.8
651k-700k 9 14 0.3 3.9
701k-750k 8 8 1 0.2 6
751k-800k 5 18 4 0.6 1.7
801k-850k 5 11 1 0.4 2.7
851k-900k 4 8 5 0.3 3
901k-950k 2 10 1 0.8 1.2
951k-1m 2 3 1 0.3 4
1m-1.1m 2 6 1 0.5 2
1.1m-1.2m 1 6 1 1 1
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 4 2 2 0.1 12
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 3 1 0.5 2
1.7m-1.8m 3 3 1 0.2 6
1.8m-1.9m 1 3 1 0.5 2
1.9m-2m 3 1 0.1 18
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
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
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 3 4 0.2 4.5
251k-275k 10 4 0.1 15
276k-300k 7 5 1 0.1 8.4
301k-325k 6 5 3 0.1 7.2
326k-350k 1 9 1 1.5 0.7
351k-375k 1 4 2 0.7 1.5
376k-400k 3 7 0.4 2.6
401k-425k 9 13 3 0.2 4.2
426k-450k 7 8 0.2 5.3
451k-475k 2 7 1 0.6 1.7
476k-500k 7 1.2 0
501k-550k 3 4 0.2 4.5
551k-600k 2 2 0.2 6
601k-650k 2 1 0.1 12
651k-700k 1 0.2 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 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 5 6 1 0.2 5
76k-100k 7 21 4 0.5 2
101k-125k 24 38 7 0.3 3.8
126k-150k 62 47 10 0.1 7.9
151k-175k 82 87 12 0.2 5.7
176k-200k 83 54 9 0.1 9.2
201k-225k 68 46 6 0.1 8.9
226k-250k 69 34 3 0.1 12.2
251k-275k 34 20 6 0.1 10.2
276k-300k 33 21 2 0.1 9.4
301k-325k 18 14 1 0.1 7.7
326k-350k 13 14 2 0.2 5.6
351k-375k 8 4 2 0.1 12
376k-400k 4 5 1 0.2 4.8
401k-425k 1 8 1.3 0.8
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 6 2 0.1 18
601k-650k 5 5 0.2 6
651k-700k 6 2 0.1 18
701k-750k 4 8 2 0.3 3
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 5 3 0.1 10
1.1m-1.2m 7 4 1 0.1 10.5
1.2m-1.3m 4 0
1.3m-1.4m 1 2 0.3 3
1.4m-1.5m 5 1 0 30
1.5m-1.6m 2 0
1.6m-1.7m 4 1 0 24
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
51k-75k 1 0
76k-100k 1 2 0.3 3
101k-125k 5 3 0.1 10
126k-150k 1 2 0.3 3
151k-175k 1 1 0.2 6
176k-200k 2 0
201k-225k 1 0
226k-250k 1 0
276k-300k 2 0
301k-325k 2 0
376k-400k 1 0.2 0
401k-425k 2 0
426k-450k 1 0
476k-500k 2 0
501k-550k 1 0
551k-600k 1 0
651k-700k 1 0
701k-750k 1 0
751k-800k 1 0
1.5m-1.6m 2 0
1.8m-1.9m 1 1 0.2 0
2.75m-3m 1 0
7.01m-8m 1 0