Absorption Report

St. Cloud, 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
126k-150k 2 1 0.3 0
176k-200k 1 6 1 1 1
201k-225k 2 4 1 0.3 3
226k-250k 3 4 2 0.2 4.5
251k-275k 4 15 2 0.6 1.6
276k-300k 10 17 3 0.3 3.5
301k-325k 13 33 4 0.4 2.4
326k-350k 20 57 9 0.5 2.1
351k-375k 27 96 20 0.6 1.7
376k-400k 85 152 21 0.3 3.4
401k-425k 95 133 24 0.2 4.3
426k-450k 81 119 17 0.2 4.1
451k-475k 49 72 13 0.2 4.1
476k-500k 61 56 10 0.2 6.5
501k-550k 80 75 17 0.2 6.4
551k-600k 72 50 9 0.1 8.6
601k-650k 37 35 4 0.2 6.3
651k-700k 29 18 2 0.1 9.7
701k-750k 18 17 2 0.2 6.4
751k-800k 13 10 2 0.1 7.8
801k-850k 12 9 1 0.1 8
851k-900k 6 5 0.1 7.2
901k-950k 2 4 1 0.3 3
951k-1m 3 0
1m-1.1m 1 1 1 0.2 6
1.1m-1.2m 6 2 0.1 18
1.2m-1.3m 1 3 0.5 2
1.3m-1.4m 1 0
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.9m-2m 1 1 0.2 6
2m-2.25m 1 0
2.25m-2.5m 1 0
2.75m-3m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
4.5m-5m 1 0
8.01m-9m 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
201k-225k 1 0
226k-250k 1 1 0.2 6
251k-275k 1 4 0.7 1.5
276k-300k 4 8 3 0.3 3
301k-325k 25 56 7 0.4 2.7
326k-350k 36 106 20 0.5 2
351k-375k 32 41 6 0.2 4.7
376k-400k 14 20 3 0.2 4.2
401k-425k 7 7 1 0.2 6
426k-450k 2 0.3 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
101k-125k 1 0.2 0
126k-150k 5 1 1 0 30
151k-175k 3 1 0.1 18
226k-250k 3 1 0.1 18
251k-275k 1 1 0.2 0
376k-400k 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
1k-25k 37 5 0 44.4
26k-50k 58 7 1 0 49.7
51k-75k 12 7 2 0.1 10.3
76k-100k 12 7 2 0.1 10.3
101k-125k 3 3 0.2 6
126k-150k 15 2 0 45
151k-175k 2 2 0.2 6
176k-200k 3 2 1 0.1 9
201k-225k 6 1 0 36
226k-250k 5 2 0.1 15
251k-275k 2 0
276k-300k 7 1 0 42
301k-325k 1 1 0.2 6
326k-350k 2 2 0.2 6
351k-375k 1 0.2 0
376k-400k 2 0
401k-425k 2 1 0.1 12
426k-450k 1 0
451k-475k 1 1 0.2 6
476k-500k 2 1 0.1 12
501k-550k 3 3 0.2 6
551k-600k 3 0
601k-650k 4 0
651k-700k 1 2 0.3 3
701k-750k 1 1 0.2 6
751k-800k 2 0
851k-900k 2 0
901k-950k 1 0
951k-1m 1 2 1 0.3 3
1m-1.1m 3 0
1.2m-1.3m 3 0
1.3m-1.4m 1 0
1.4m-1.5m 3 0
1.6m-1.7m 2 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
5.01m-6m 1 0
6.01m-7m 1 0