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 0.3 0
176k-200k 1 5 0.8 1.2
201k-225k 2 3 0.3 4
226k-250k 2 5 3 0.4 2.4
251k-275k 4 14 2 0.6 1.7
276k-300k 12 16 2 0.2 4.5
301k-325k 15 34 4 0.4 2.6
326k-350k 19 57 8 0.5 2
351k-375k 28 96 15 0.6 1.8
376k-400k 92 154 21 0.3 3.6
401k-425k 92 135 21 0.2 4.1
426k-450k 88 118 16 0.2 4.5
451k-475k 49 75 11 0.3 3.9
476k-500k 62 59 12 0.2 6.3
501k-550k 74 78 17 0.2 5.7
551k-600k 71 50 9 0.1 8.5
601k-650k 34 36 5 0.2 5.7
651k-700k 29 18 2 0.1 9.7
701k-750k 17 17 1 0.2 6
751k-800k 12 10 2 0.1 7.2
801k-850k 12 8 1 0.1 9
851k-900k 5 5 0.2 6
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
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 4 7 2 0.3 3.4
301k-325k 23 58 8 0.4 2.4
326k-350k 36 107 19 0.5 2
351k-375k 31 41 5 0.2 4.5
376k-400k 13 18 2 0.2 4.3
401k-425k 6 7 1 0.2 5.1
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 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 36 4 0 54
26k-50k 57 7 1 0 48.9
51k-75k 12 8 3 0.1 9
76k-100k 11 7 2 0.1 9.4
101k-125k 3 3 0.2 6
126k-150k 15 2 0 45
151k-175k 2 2 0.2 6
176k-200k 4 2 1 0.1 12
201k-225k 5 1 0 30
226k-250k 5 2 0.1 15
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 1 1 0.2 6
476k-500k 2 1 0.1 12
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 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 3 0
1.2m-1.3m 3 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