Absorption Report

St. Cloud, Weslyn Park at Sunbridge, Jasmine

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 Since 12/31 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
51k-75k 3 1 0.5 0
76k-100k 1 0.2 0
101k-125k 1 0.2 0
126k-150k 4 3 0.1 8
151k-175k 1 3 0.5 2
176k-200k 8 9 1 0.2 5.3
201k-225k 6 22 3 0.6 1.6
226k-250k 19 27 3 0.2 4.2
251k-275k 10 26 3 0.4 2.3
276k-300k 15 40 8 0.4 2.3
301k-325k 36 73 10 0.3 3
326k-350k 66 75 11 0.2 5.3
351k-375k 47 69 6 0.2 4.1
376k-400k 47 61 6 0.2 4.6
401k-425k 34 34 4 0.2 6
426k-450k 39 44 5 0.2 5.3
451k-475k 25 32 7 0.2 4.7
476k-500k 16 19 3 0.2 5.1
501k-550k 31 32 8 0.2 5.8
551k-600k 18 19 6 0.2 5.7
601k-650k 6 8 0.2 4.5
651k-700k 11 10 1 0.2 6.6
701k-750k 3 4 0.2 4.5
751k-800k 2 0.3 0
801k-850k 3 1 0.1 18
851k-900k 2 4 0.3 3
901k-950k 2 1 0.1 12
951k-1m 1 1 0.2 6
1m-1.1m 2 1 0.1 12
1.1m-1.2m 1 0
1.4m-1.5m 2 0
2m-2.25m 1 0.2 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
151k-175k 1 1 0.2 6
226k-250k 1 0.2 0
276k-300k 1 5 1 0.8 1.2
326k-350k 1 1 0.2 0
351k-375k 1 2 0.3 3
376k-400k 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 1 0.1 12
151k-175k 6 13 2 0.4 2.8
176k-200k 9 3 0.1 18
201k-225k 1 1 0.2 6
251k-275k 1 1 0.2 6
276k-300k 1 0
301k-325k 1 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 31 19 3 0.1 9.8
26k-50k 46 19 5 0.1 14.5
51k-75k 11 3 1 0 22
76k-100k 4 5 0.2 4.8
101k-125k 6 3 0.1 12
126k-150k 8 3 0.1 16
151k-175k 4 6 0.3 4
176k-200k 5 0
201k-225k 2 0
226k-250k 4 1 0 24
251k-275k 1 0
276k-300k 4 0
326k-350k 4 0
376k-400k 1 0
426k-450k 2 0
476k-500k 1 0
501k-550k 1 0
551k-600k 1 0
601k-650k 1 0
651k-700k 1 0
701k-750k 2 0
751k-800k 2 0
801k-850k 1 0
951k-1m 1 0
1m-1.1m 1 0
1.3m-1.4m 1 0
1.9m-2m 2 0
2m-2.25m 1 0
2.25m-2.5m 1 0
4.5m-5m 1 0
7.01m-8m 1 0