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 4 1 0.3 3
226k-250k 1 5 2 0.8 1.2
251k-275k 4 16 3 0.7 1.5
276k-300k 11 15 3 0.2 4.4
301k-325k 15 31 3 0.3 2.9
326k-350k 23 51 4 0.4 2.7
351k-375k 28 96 13 0.6 1.8
376k-400k 92 147 23 0.3 3.8
401k-425k 83 142 26 0.3 3.5
426k-450k 83 109 12 0.2 4.6
451k-475k 59 69 16 0.2 5.1
476k-500k 51 58 11 0.2 5.3
501k-550k 70 77 17 0.2 5.5
551k-600k 69 52 7 0.1 8
601k-650k 36 32 4 0.1 6.8
651k-700k 25 20 5 0.1 7.5
701k-750k 18 17 2 0.2 6.4
751k-800k 13 9 2 0.1 8.7
801k-850k 10 7 0.1 8.6
851k-900k 6 2 0.1 18
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 6 2 0.1 18
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 3 0
1.4m-1.5m 1 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
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 2 4 0.3 3
276k-300k 3 7 0.4 2.6
301k-325k 20 48 10 0.4 2.5
326k-350k 35 118 28 0.6 1.8
351k-375k 25 39 5 0.3 3.8
376k-400k 13 19 1 0.2 4.1
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