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 1 0.2 0
176k-200k 1 6 1 1 1
201k-225k 3 5 2 0.3 3.6
226k-250k 1 5 2 0.8 1.2
251k-275k 6 14 3 0.4 2.6
276k-300k 11 15 1 0.2 4.4
301k-325k 15 30 3 0.3 3
326k-350k 23 48 4 0.3 2.9
351k-375k 25 97 13 0.6 1.5
376k-400k 95 152 24 0.3 3.8
401k-425k 88 144 28 0.3 3.7
426k-450k 82 113 14 0.2 4.4
451k-475k 65 72 17 0.2 5.4
476k-500k 52 58 11 0.2 5.4
501k-550k 68 80 16 0.2 5.1
551k-600k 58 51 7 0.1 6.8
601k-650k 35 33 3 0.2 6.4
651k-700k 27 20 4 0.1 8.1
701k-750k 17 16 1 0.2 6.4
751k-800k 13 9 0.1 8.7
801k-850k 9 8 1 0.1 6.8
851k-900k 6 3 1 0.1 12
901k-950k 3 3 0.2 6
951k-1m 3 0
1m-1.1m 3 1 1 0.1 18
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 3 0
1.4m-1.5m 2 0
1.5m-1.6m 2 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
2.75m-3m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 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 2 0
226k-250k 2 1 0.1 12
251k-275k 2 5 1 0.4 2.4
276k-300k 3 6 0.3 3
301k-325k 22 48 9 0.4 2.8
326k-350k 36 120 32 0.6 1.8
351k-375k 29 39 4 0.2 4.5
376k-400k 15 19 1 0.2 4.7
401k-425k 1 8 2 1.3 0.8
426k-450k 2 3 1 0.3 4

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 2 2 1 0.2 6
151k-175k 2 1 0.1 12
226k-250k 3 0
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 27 5 3 0 32.4
26k-50k 60 7 0 51.4
51k-75k 12 7 1 0.1 10.3
76k-100k 13 7 0.1 11.1
101k-125k 3 3 0.2 6
126k-150k 13 2 0 39
151k-175k 2 1 0.1 12
176k-200k 6 2 1 0.1 18
201k-225k 4 1 0 24
226k-250k 6 0
251k-275k 2 0
276k-300k 7 0
301k-325k 1 0.2 0
326k-350k 2 1 0.1 12
401k-425k 2 1 0.1 12
426k-450k 2 0
451k-475k 1 1 0.2 6
476k-500k 1 0.2 0
501k-550k 3 0
551k-600k 2 1 1 0.1 12
601k-650k 3 0
651k-700k 1 1 0.2 6
701k-750k 1 1 0.2 6
751k-800k 3 0
851k-900k 1 0
901k-950k 1 0
951k-1m 1 2 0.3 3
1m-1.1m 2 0
1.2m-1.3m 2 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