Supply & Demand in Clearwater, 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 Since 12/31 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 5 3 0.8 1.2
126k-150k 5 6 2 0.2 5
151k-175k 4 11 1 0.5 2.2
176k-200k 5 6 2 0.2 5
201k-225k 7 12 5 0.3 3.5
226k-250k 7 15 4 0.4 2.8
251k-275k 6 26 7 0.7 1.4
276k-300k 7 29 7 0.7 1.4
301k-325k 10 26 8 0.4 2.3
326k-350k 26 52 10 0.3 3
351k-375k 14 47 11 0.6 1.8
376k-400k 15 61 15 0.7 1.5
401k-425k 11 47 7 0.7 1.4
426k-450k 14 40 7 0.5 2.1
451k-475k 9 23 5 0.4 2.3
476k-500k 18 26 6 0.2 4.2
501k-550k 30 42 10 0.2 4.3
551k-600k 28 42 14 0.3 4
601k-650k 19 17 2 0.1 6.7
651k-700k 10 15 3 0.3 4
701k-750k 7 13 4 0.3 3.2
751k-800k 10 10 2 0.2 6
801k-850k 2 11 4 0.9 1.1
851k-900k 5 6 2 0.2 5
901k-950k 1 4 0.7 1.5
951k-1m 4 2 0.1 12
1m-1.1m 5 7 2 0.2 4.3
1.1m-1.2m 4 6 2 0.3 4
1.2m-1.3m 2 3 0.3 4
1.3m-1.4m 4 3 1 0.1 8
1.4m-1.5m 3 3 1 0.2 6
1.5m-1.6m 6 1 0 36
1.6m-1.7m 3 1 0.1 18
1.7m-1.8m 4 0
1.8m-1.9m 4 3 0.1 8
1.9m-2m 6 0
2m-2.25m 2 4 1 0.3 3
2.25m-2.5m 3 3 1 0.2 6
2.5m-2.75m 3 0
2.75m-3m 4 0
3m-3.5m 4 1 0 24
3.5m-4m 2 1 0.3 0
4m-4.5m 2 0
4.5m-5m 1 0.2 0
6.01m-7m 2 0
7.01m-8m 1 0
9.01m-10m 1 0
16.01m-17m 1 0
37.01m-38m 1 0
49.01m-50m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
151k-175k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 1 1 0.2 6
226k-250k 4 3 1 0.1 8
251k-275k 2 6 1 0.5 2
276k-300k 2 4 1 0.3 3
301k-325k 1 8 2 1.3 0.8
326k-350k 2 4 4 0.3 3
351k-375k 6 2 1 0.1 18
376k-400k 3 4 0.2 4.5
401k-425k 2 9 1 0.8 1.3
426k-450k 10 6 1 0.1 10
451k-475k 5 4 1 0.1 7.5
476k-500k 1 5 0.8 1.2
501k-550k 2 6 2 0.5 2
551k-600k 5 2 0.1 15
601k-650k 5 0
851k-900k 1 0.2 0
901k-950k 2 0.3 0
1.1m-1.2m 1 0.2 0
1.2m-1.3m 2 2 0.2 6
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.5m-1.6m 1 2 0.3 3
1.6m-1.7m 1 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 0
2.5m-2.75m 1 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
51k-75k 2 0.3 0
76k-100k 10 14 2 0.2 4.3
101k-125k 24 28 9 0.2 5.1
126k-150k 47 50 10 0.2 5.6
151k-175k 64 56 13 0.1 6.9
176k-200k 79 56 8 0.1 8.5
201k-225k 66 47 12 0.1 8.4
226k-250k 77 43 8 0.1 10.7
251k-275k 47 24 1 0.1 11.8
276k-300k 49 24 5 0.1 12.3
301k-325k 23 14 1 0.1 9.9
326k-350k 18 18 6 0.2 6
351k-375k 20 6 1 0.1 20
376k-400k 9 6 1 0.1 9
401k-425k 6 8 1 0.2 4.5
426k-450k 20 8 1 0.1 15
451k-475k 5 3 1 0.1 10
476k-500k 13 2 1 0 39
501k-550k 16 13 3 0.1 7.4
551k-600k 12 11 0.2 6.5
601k-650k 12 11 2 0.2 6.5
651k-700k 19 2 0 57
701k-750k 12 8 2 0.1 9
751k-800k 10 2 1 0 30
801k-850k 7 5 0.1 8.4
851k-900k 7 2 0 21
901k-950k 4 3 0.1 8
951k-1m 11 2 0 33
1m-1.1m 11 9 1 0.1 7.3
1.1m-1.2m 14 9 2 0.1 9.3
1.2m-1.3m 5 5 0.2 6
1.3m-1.4m 4 3 0.1 8
1.4m-1.5m 6 4 0.1 9
1.5m-1.6m 5 1 0 30
1.6m-1.7m 7 1 1 0 42
1.7m-1.8m 2 0
1.8m-1.9m 4 1 1 0 24
1.9m-2m 1 1 1 0.2 6
2m-2.25m 2 3 0.3 4
2.25m-2.5m 4 1 0 24
2.5m-2.75m 2 0
2.75m-3m 3 0
3m-3.5m 1 1 1 0.2 6
3.5m-4m 3 0
4m-4.5m 1 0.2 0
4.5m-5m 1 0
5.01m-6m 2 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 1 0
51k-75k 1 0.2 0
76k-100k 1 0
101k-125k 3 2 0.1 9
126k-150k 3 3 0.2 6
151k-175k 2 0
176k-200k 3 0
201k-225k 2 1 1 0.1 12
226k-250k 1 0
276k-300k 1 1 0.2 6
301k-325k 2 0
326k-350k 1 0.2 0
401k-425k 1 0
476k-500k 1 0
501k-550k 1 0
551k-600k 1 0
651k-700k 2 0
751k-800k 1 0
1.5m-1.6m 1 0
2m-2.25m 1 0
3m-3.5m 1 0
7.01m-8m 1 0