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 1 5 1 0.8 1.2
226k-250k 3 3 0.2 6
251k-275k 6 14 3 0.4 2.6
276k-300k 11 15 1 0.2 4.4
301k-325k 13 32 4 0.4 2.4
326k-350k 19 56 12 0.5 2
351k-375k 27 94 16 0.6 1.7
376k-400k 87 157 26 0.3 3.3
401k-425k 92 138 21 0.3 4
426k-450k 83 120 16 0.2 4.2
451k-475k 56 76 12 0.2 4.4
476k-500k 64 52 9 0.1 7.4
501k-550k 78 67 11 0.1 7
551k-600k 75 52 7 0.1 8.7
601k-650k 38 36 3 0.2 6.3
651k-700k 34 20 2 0.1 10.2
701k-750k 19 19 1 0.2 6
751k-800k 13 9 1 0.1 8.7
801k-850k 11 12 1 0.2 5.5
851k-900k 4 5 0.2 4.8
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
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 2 7 2 0.6 1.7
301k-325k 19 63 7 0.6 1.8
326k-350k 40 108 22 0.5 2.2
351k-375k 31 44 4 0.2 4.2
376k-400k 15 24 6 0.3 3.8
401k-425k 8 7 1 0.1 6.9
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
426k-450k 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 8 2 0 43.5
51k-75k 11 6 1 0.1 11
76k-100k 12 8 3 0.1 9
101k-125k 2 3 1 0.3 4
126k-150k 15 3 0 30
151k-175k 2 2 0.2 6
176k-200k 3 2 1 0.1 9
201k-225k 7 1 0 42
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 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 1 1 0.2 6
1m-1.1m 2 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 2 0
3.5m-4m 1 0
5.01m-6m 1 0