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 2 3 0.3 4
226k-250k 2 6 4 0.5 2
251k-275k 4 16 4 0.7 1.5
276k-300k 11 15 2 0.2 4.4
301k-325k 17 31 5 0.3 3.3
326k-350k 23 52 4 0.4 2.7
351k-375k 28 95 11 0.6 1.8
376k-400k 91 147 18 0.3 3.7
401k-425k 86 138 24 0.3 3.7
426k-450k 87 112 10 0.2 4.7
451k-475k 55 71 11 0.2 4.6
476k-500k 54 60 14 0.2 5.4
501k-550k 69 75 17 0.2 5.5
551k-600k 74 54 9 0.1 8.2
601k-650k 35 33 4 0.2 6.4
651k-700k 27 22 5 0.1 7.4
701k-750k 17 18 2 0.2 5.7
751k-800k 12 10 2 0.1 7.2
801k-850k 11 8 0.1 8.3
851k-900k 6 4 0.1 9
901k-950k 3 3 1 0.2 6
951k-1m 3 0
1m-1.1m 2 1 1 0.1 12
1.1m-1.2m 6 2 0.1 18
1.2m-1.3m 1 2 0.3 3
1.3m-1.4m 1 0
1.4m-1.5m 3 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
2.25m-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 2 1 0.1 12
251k-275k 1 4 0.7 1.5
276k-300k 4 7 1 0.3 3.4
301k-325k 20 49 7 0.4 2.4
326k-350k 35 115 21 0.5 1.8
351k-375k 27 40 7 0.2 4.1
376k-400k 12 19 1 0.3 3.8
401k-425k 5 8 3 0.3 3.8
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 5 1 0 30
151k-175k 3 1 0.1 18
226k-250k 3 0
251k-275k 1 0.2 0
376k-400k 2 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 34 6 2 0 34
26k-50k 59 7 0 50.6
51k-75k 12 7 2 0.1 10.3
76k-100k 13 7 0.1 11.1
101k-125k 3 3 0.2 6
126k-150k 15 2 0 45
151k-175k 3 2 0.1 9
176k-200k 3 2 1 0.1 9
201k-225k 5 1 0 30
226k-250k 5 0
251k-275k 2 0
276k-300k 7 0
301k-325k 1 1 0.2 6
326k-350k 2 2 0.2 6
376k-400k 2 0
401k-425k 2 1 0.1 12
426k-450k 1 0
451k-475k 2 1 0.1 12
476k-500k 1 0.2 0
501k-550k 3 1 0.1 18
551k-600k 2 1 1 0.1 12
601k-650k 4 0
651k-700k 1 2 0.3 3
701k-750k 1 1 0.2 6
751k-800k 2 0
851k-900k 2 0
901k-950k 1 0
951k-1m 1 2 1 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