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 Since 12/31 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 1 5 1 0.8 1.2
226k-250k 3 3 0.2 6
251k-275k 8 13 3 0.3 3.7
276k-300k 11 16 3 0.2 4.1
301k-325k 10 31 4 0.5 1.9
326k-350k 19 55 14 0.5 2.1
351k-375k 27 90 15 0.6 1.8
376k-400k 97 158 27 0.3 3.7
401k-425k 92 134 20 0.2 4.1
426k-450k 79 116 15 0.2 4.1
451k-475k 63 76 15 0.2 5
476k-500k 62 58 11 0.2 6.4
501k-550k 83 68 14 0.1 7.3
551k-600k 75 53 7 0.1 8.5
601k-650k 39 36 3 0.2 6.5
651k-700k 32 24 3 0.1 8
701k-750k 18 19 3 0.2 5.7
751k-800k 13 9 1 0.1 8.7
801k-850k 12 12 1 0.2 6
851k-900k 6 5 0.1 7.2
901k-950k 3 4 0.2 4.5
951k-1m 3 1 0.1 18
1m-1.1m 1 0
1.1m-1.2m 6 2 1 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 3 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 2 0
3.5m-4m 1 0
4.5m-5m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 1 0.3 3
301k-325k 22 64 12 0.5 2.1
326k-350k 41 104 19 0.4 2.4
351k-375k 31 45 6 0.2 4.1
376k-400k 14 23 4 0.3 3.7
401k-425k 7 7 3 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 Since 12/31 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 1 0.2 6
426k-450k 1 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 36 5 1 0 43.2
26k-50k 57 7 3 0 48.9
51k-75k 11 5 0.1 13.2
76k-100k 5 6 1 0.2 5
101k-125k 2 4 1 0.3 3
126k-150k 13 4 0.1 19.5
151k-175k 3 2 0.1 9
176k-200k 6 1 0 36
201k-225k 7 1 0 42
226k-250k 5 2 0.1 15
251k-275k 2 1 0.1 12
276k-300k 7 1 0 42
301k-325k 1 1 1 0.2 6
326k-350k 2 2 0.2 6
351k-375k 1 0.2 0
376k-400k 2 2 0.2 6
401k-425k 1 1 0.2 6
426k-450k 1 0
451k-475k 1 1 0.2 6
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 0.2 0
751k-800k 2 0
851k-900k 2 0
901k-950k 1 0
951k-1m 2 1 1 0.1 12
1m-1.1m 2 0
1.2m-1.3m 3 0
1.3m-1.4m 1 0
1.4m-1.5m 2 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 2 0
3.5m-4m 1 0
5.01m-6m 1 0