Absorption Report

St. Cloud, FL, House

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 4 0.4 2.6
276k-300k 11 16 1 0.2 4.1
301k-325k 12 32 4 0.4 2.3
326k-350k 20 57 13 0.5 2.1
351k-375k 25 94 18 0.6 1.6
376k-400k 92 160 29 0.3 3.5
401k-425k 91 140 22 0.3 3.9
426k-450k 82 121 17 0.2 4.1
451k-475k 56 77 14 0.2 4.4
476k-500k 65 54 11 0.1 7.2
501k-550k 79 68 13 0.1 7
551k-600k 75 51 6 0.1 8.8
601k-650k 38 36 3 0.2 6.3
651k-700k 33 21 3 0.1 9.4
701k-750k 16 19 1 0.2 5.1
751k-800k 15 9 1 0.1 10
801k-850k 11 12 2 0.2 5.5
851k-900k 5 5 0.2 6
901k-950k 3 4 0.2 4.5
951k-1m 3 1 0.1 18
1m-1.1m 2 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
2.5m-2.75m 1 0
2.75m-3m 1 0
3m-3.5m 2 0
3.5m-4m 2 0
4.5m-5m 1 0
8.01m-9m 1 0