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 5 2 0.4 2.4
226k-250k 1 5 2 0.8 1.2
251k-275k 5 15 3 0.5 2
276k-300k 9 15 2 0.3 3.6
301k-325k 15 31 3 0.3 2.9
326k-350k 22 49 4 0.4 2.7
351k-375k 27 96 13 0.6 1.7
376k-400k 93 149 23 0.3 3.7
401k-425k 83 141 27 0.3 3.5
426k-450k 81 110 12 0.2 4.4
451k-475k 62 71 17 0.2 5.2
476k-500k 53 58 11 0.2 5.5
501k-550k 72 79 18 0.2 5.5
551k-600k 64 52 7 0.1 7.4
601k-650k 36 33 3 0.2 6.5
651k-700k 26 20 5 0.1 7.8
701k-750k 18 16 2 0.1 6.8
751k-800k 13 9 1 0.1 8.7
801k-850k 10 7 0.1 8.6
851k-900k 6 3 1 0.1 12
901k-950k 3 3 1 0.2 6
951k-1m 3 0
1m-1.1m 2 1 1 0.1 12
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 3 0
1.4m-1.5m 2 0
1.5m-1.6m 2 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
2.75m-3m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 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 2 4 0.3 3
276k-300k 3 6 0.3 3
301k-325k 19 48 10 0.4 2.4
326k-350k 34 119 29 0.6 1.7
351k-375k 27 39 4 0.2 4.2
376k-400k 14 19 1 0.2 4.4
401k-425k 5 8 2 0.3 3.8
426k-450k 2 3 1 0.3 4

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 2 2 1 0.2 6
151k-175k 2 1 0.1 12
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 28 4 2 0 42
26k-50k 59 7 0 50.6
51k-75k 12 7 2 0.1 10.3
76k-100k 13 7 0.1 11.1
101k-125k 3 3 0.2 6
126k-150k 13 2 0 39
151k-175k 2 1 0.1 12
176k-200k 5 2 1 0.1 15
201k-225k 5 1 0 30
226k-250k 5 0
251k-275k 2 0
276k-300k 7 0
301k-325k 1 1 0.2 6
326k-350k 2 2 0.2 6
401k-425k 2 1 0.1 12
426k-450k 2 0
451k-475k 1 1 0.2 6
476k-500k 1 0.2 0
501k-550k 3 0
551k-600k 2 1 1 0.1 12
601k-650k 3 0
651k-700k 1 1 0.2 6
701k-750k 1 1 0.2 6
751k-800k 3 0
851k-900k 2 0
901k-950k 1 0
951k-1m 1 2 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