Absorption Report

St. Cloud, FL, New Construction

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
226k-250k 1 0.2 0
251k-275k 1 3 1 0.5 2
276k-300k 2 5 2 0.4 2.4
301k-325k 2 8 0.7 1.5
326k-350k 4 16 3 0.7 1.5
351k-375k 10 55 10 0.9 1.1
376k-400k 40 90 17 0.4 2.7
401k-425k 60 97 17 0.3 3.7
426k-450k 39 92 11 0.4 2.5
451k-475k 43 51 11 0.2 5.1
476k-500k 30 33 4 0.2 5.5
501k-550k 41 39 6 0.2 6.3
551k-600k 38 33 6 0.1 6.9
601k-650k 18 16 2 0.1 6.8
651k-700k 11 18 2 0.3 3.7
701k-750k 8 10 1 0.2 4.8
751k-800k 6 5 1 0.1 7.2
801k-850k 7 5 1 0.1 8.4
851k-900k 3 4 0.2 4.5
901k-950k 1 3 0.5 2
951k-1m 1 0
1.1m-1.2m 2 1 0.1 12
1.2m-1.3m 2 0.3 0
1.5m-1.6m 1 0
2.5m-2.75m 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
226k-250k 1 0
276k-300k 1 2 0.3 3
301k-325k 11 55 10 0.8 1.2
326k-350k 27 95 18 0.6 1.7
351k-375k 27 42 6 0.3 3.9
376k-400k 12 24 6 0.3 3
401k-425k 7 7 3 0.2 6
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
126k-150k 1 0
151k-175k 1 0.2 0
251k-275k 1 1 0.2 0