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 1 0.2 0
176k-200k 1 6 1 1 1
201k-225k 2 3 0.3 4
226k-250k 2 5 3 0.4 2.4
251k-275k 4 15 4 0.6 1.6
276k-300k 12 15 2 0.2 4.8
301k-325k 15 31 5 0.3 2.9
326k-350k 21 53 7 0.4 2.4
351k-375k 29 94 15 0.5 1.9
376k-400k 89 150 18 0.3 3.6
401k-425k 89 141 25 0.3 3.8
426k-450k 86 117 16 0.2 4.4
451k-475k 56 71 11 0.2 4.7
476k-500k 60 58 12 0.2 6.2
501k-550k 73 75 15 0.2 5.8
551k-600k 73 51 8 0.1 8.6
601k-650k 35 34 4 0.2 6.2
651k-700k 28 19 2 0.1 8.8
701k-750k 17 17 1 0.2 6
751k-800k 12 10 2 0.1 7.2
801k-850k 11 8 1 0.1 8.3
851k-900k 6 5 0.1 7.2
901k-950k 3 4 1 0.2 4.5
951k-1m 3 0
1m-1.1m 2 1 1 0.1 12
1.1m-1.2m 6 2 0.1 18
1.2m-1.3m 1 2 0.3 3
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
1.8m-1.9m 1 0
1.9m-2m 1 0.2 0
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 2 1 0.1 12
251k-275k 4 0.7 0
276k-300k 5 7 2 0.2 4.3
301k-325k 22 56 6 0.4 2.4
326k-350k 37 113 23 0.5 2
351k-375k 30 41 6 0.2 4.4
376k-400k 13 19 1 0.2 4.1
401k-425k 5 6 1 0.2 5
426k-450k 1 2 0.3 3

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 0 30
151k-175k 3 1 0.1 18
226k-250k 3 0
251k-275k 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 34 6 2 0 34
26k-50k 57 7 1 0 48.9
51k-75k 12 7 3 0.1 10.3
76k-100k 11 7 1 0.1 9.4
101k-125k 3 3 0.2 6
126k-150k 15 2 0 45
151k-175k 2 2 0.2 6
176k-200k 4 1 1 0 24
201k-225k 5 1 0 30
226k-250k 5 2 0.1 15
251k-275k 2 0
276k-300k 7 0
301k-325k 1 1 0.2 6
326k-350k 2 2 0.2 6
376k-400k 2 0
401k-425k 2 1 0.1 12
426k-450k 1 0
451k-475k 2 1 0.1 12
476k-500k 1 1 0.2 6
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 2 0
1.2m-1.3m 2 0
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
1.8m-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