Supply & Demand in 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
151k-175k 1 1 0.2 0
176k-200k 2 3 1 0.3 4
201k-225k 9 3 1.5 0
226k-250k 4 9 2 0.4 2.7
251k-275k 7 17 3 0.4 2.5
276k-300k 18 13 3 0.1 8.3
301k-325k 20 18 2 0.2 6.7
326k-350k 30 55 10 0.3 3.3
351k-375k 43 79 16 0.3 3.3
376k-400k 75 141 30 0.3 3.2
401k-425k 58 122 20 0.4 2.9
426k-450k 76 101 26 0.2 4.5
451k-475k 65 75 15 0.2 5.2
476k-500k 79 69 16 0.1 6.9
501k-550k 81 94 14 0.2 5.2
551k-600k 71 52 6 0.1 8.2
601k-650k 38 36 9 0.2 6.3
651k-700k 42 28 6 0.1 9
701k-750k 18 14 3 0.1 7.7
751k-800k 20 10 1 0.1 12
801k-850k 7 3 0.1 14
851k-900k 10 3 1 0.1 20
901k-950k 3 1 0.1 18
951k-1m 5 0
1m-1.1m 7 2 1 0 21
1.1m-1.2m 8 1 0 48
1.2m-1.3m 3 0
1.3m-1.4m 3 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 0
3.5m-4m 2 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 4 1 1 0 24
226k-250k 1 2 2 0.3 3
251k-275k 5 6 3 0.2 5
276k-300k 8 5 1 0.1 9.6
301k-325k 14 62 14 0.7 1.4
326k-350k 38 120 19 0.5 1.9
351k-375k 27 39 7 0.2 4.2
376k-400k 10 19 4 0.3 3.2
401k-425k 4 5 0.2 4.8
426k-450k 2 1 0.1 12
451k-475k 2 0
476k-500k 1 0
551k-600k 1 0.2 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
126k-150k 7 5 1 0.1 8.4
151k-175k 3 0
176k-200k 1 1 1 0.2 6
226k-250k 1 0
251k-275k 2 2 0.2 6
276k-300k 1 0
351k-375k 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 25 8 0.1 18.8
26k-50k 59 5 0 70.8
51k-75k 9 7 2 0.1 7.7
76k-100k 12 5 0.1 14.4
101k-125k 4 5 2 0.2 4.8
126k-150k 16 1 1 0 96
151k-175k 5 3 0.1 10
176k-200k 5 2 0.1 15
201k-225k 3 3 0.2 6
226k-250k 12 0
251k-275k 5 1 1 0 30
276k-300k 5 0
301k-325k 1 0.2 0
326k-350k 4 0
376k-400k 2 0
401k-425k 1 0
426k-450k 2 0
451k-475k 1 0
476k-500k 2 1 1 0.1 12
501k-550k 4 0
551k-600k 3 1 0.1 18
601k-650k 1 1 1 0.2 6
651k-700k 1 1 0.2 6
701k-750k 3 0
751k-800k 3 0
851k-900k 2 0
901k-950k 2 0
951k-1m 1 1 0.2 6
1m-1.1m 2 0
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 1 0
1.3m-1.4m 2 0
1.4m-1.5m 4 0
1.5m-1.6m 1 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 2 0
2.5m-2.75m 1 0
3m-3.5m 1 0
3.5m-4m 2 0
4m-4.5m 1 0
6.01m-7m 1 0