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 1 5 1 0.8 1.2
226k-250k 3 3 0.2 6
251k-275k 6 14 3 0.4 2.6
276k-300k 11 15 1 0.2 4.4
301k-325k 13 32 4 0.4 2.4
326k-350k 19 53 11 0.5 2.2
351k-375k 27 94 17 0.6 1.7
376k-400k 86 154 23 0.3 3.4
401k-425k 95 133 20 0.2 4.3
426k-450k 77 117 15 0.3 3.9
451k-475k 56 72 12 0.2 4.7
476k-500k 64 51 6 0.1 7.5
501k-550k 78 67 9 0.1 7
551k-600k 72 51 6 0.1 8.5
601k-650k 38 35 2 0.2 6.5
651k-700k 33 17 2 0.1 11.6
701k-750k 19 18 1 0.2 6.3
751k-800k 12 9 1 0.1 8
801k-850k 11 11 1 0.2 6
851k-900k 3 5 0.3 3.6
901k-950k 3 4 0.2 4.5
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 2 7 2 0.6 1.7
301k-325k 19 56 7 0.5 2
326k-350k 39 104 19 0.4 2.3
351k-375k 31 39 4 0.2 4.8
376k-400k 15 22 4 0.2 4.1
401k-425k 8 6 0.1 8
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 37 5 0 44.4
26k-50k 58 8 2 0 43.5
51k-75k 11 6 1 0.1 11
76k-100k 12 7 3 0.1 10.3
101k-125k 2 3 1 0.3 4
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 1 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 1 1 0.2 6
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 1 0.2 6
1m-1.1m 2 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 2 0
3.5m-4m 1 0
5.01m-6m 1 0