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 6 4 0.5 2
251k-275k 4 15 4 0.6 1.6
276k-300k 12 15 2 0.2 4.8
301k-325k 15 31 6 0.3 2.9
326k-350k 22 53 6 0.4 2.5
351k-375k 28 97 14 0.6 1.7
376k-400k 89 149 20 0.3 3.6
401k-425k 88 143 26 0.3 3.7
426k-450k 85 116 15 0.2 4.4
451k-475k 54 73 12 0.2 4.4
476k-500k 54 60 15 0.2 5.4
501k-550k 68 76 16 0.2 5.4
551k-600k 74 52 8 0.1 8.5
601k-650k 35 33 4 0.2 6.4
651k-700k 27 19 2 0.1 8.5
701k-750k 17 17 1 0.2 6
751k-800k 12 10 2 0.1 7.2
801k-850k 11 8 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 21 56 5 0.4 2.3
326k-350k 36 117 22 0.5 1.8
351k-375k 29 43 8 0.2 4
376k-400k 12 19 1 0.3 3.8
401k-425k 5 7 2 0.2 4.3
426k-450k 1 3 1 0.5 2

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 2 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 0 48.9
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 15 2 0 45
151k-175k 3 2 0.1 9
176k-200k 4 1 1 0 24
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
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 2 0.1 9
551k-600k 2 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