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 1 0.3 0
176k-200k 1 6 1 1 1
201k-225k 5 1 0.8 0
226k-250k 4 5 2 0.2 4.8
251k-275k 5 15 3 0.5 2
276k-300k 8 15 1 0.3 3.2
301k-325k 14 33 5 0.4 2.5
326k-350k 19 54 10 0.5 2.1
351k-375k 22 94 17 0.7 1.4
376k-400k 89 151 23 0.3 3.5
401k-425k 97 135 23 0.2 4.3
426k-450k 79 119 16 0.3 4
451k-475k 54 71 12 0.2 4.6
476k-500k 65 54 9 0.1 7.2
501k-550k 80 71 12 0.1 6.8
551k-600k 73 52 7 0.1 8.4
601k-650k 37 35 2 0.2 6.3
651k-700k 32 17 2 0.1 11.3
701k-750k 18 18 1 0.2 6
751k-800k 13 9 1 0.1 8.7
801k-850k 12 11 1 0.2 6.5
851k-900k 3 5 0.3 3.6
901k-950k 3 5 1 0.3 3.6
951k-1m 3 1 0.1 18
1m-1.1m 1 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 2 0
1.9m-2m 1 1 0.2 6
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 1 1 0.2 6
251k-275k 1 4 0.7 1.5
276k-300k 3 7 2 0.4 2.6
301k-325k 23 56 6 0.4 2.5
326k-350k 32 104 20 0.5 1.8
351k-375k 32 40 5 0.2 4.8
376k-400k 12 22 3 0.3 3.3
401k-425k 11 6 0.1 11
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 1 0.2 0
426k-450k 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 38 5 0 45.6
26k-50k 59 8 1 0 44.3
51k-75k 11 6 1 0.1 11
76k-100k 12 7 3 0.1 10.3
101k-125k 3 3 1 0.2 6
126k-150k 15 3 0 30
151k-175k 2 2 0.2 6
176k-200k 3 2 1 0.1 9
201k-225k 7 1 0 42
226k-250k 5 2 0.1 15
251k-275k 2 0
276k-300k 7 1 0 42
301k-325k 1 1 0.2 6
326k-350k 2 2 0.2 6
351k-375k 1 0.2 0
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 0.2 0
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
1.6m-1.7m 2 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