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
126k-150k 1 0.2 0
176k-200k 3 4 0.2 4.5
201k-225k 1 4 1 0.7 1.5
226k-250k 4 7 0.3 3.4
251k-275k 7 16 4 0.4 2.6
276k-300k 19 12 3 0.1 9.5
301k-325k 13 19 3 0.2 4.1
326k-350k 36 46 5 0.2 4.7
351k-375k 41 76 11 0.3 3.2
376k-400k 67 122 23 0.3 3.3
401k-425k 80 122 22 0.3 3.9
426k-450k 91 84 16 0.2 6.5
451k-475k 63 73 15 0.2 5.2
476k-500k 66 57 8 0.1 6.9
501k-550k 84 83 10 0.2 6.1
551k-600k 61 52 12 0.1 7
601k-650k 51 26 3 0.1 11.8
651k-700k 40 22 5 0.1 10.9
701k-750k 17 13 4 0.1 7.8
751k-800k 17 9 3 0.1 11.3
801k-850k 12 3 0 24
851k-900k 10 2 1 0 30
901k-950k 2 1 0.1 12
951k-1m 5 0
1m-1.1m 4 1 0 24
1.1m-1.2m 4 2 0.1 12
1.2m-1.3m 3 0
1.3m-1.4m 3 0
1.4m-1.5m 1 0
1.5m-1.6m 2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2.75m-3m 2 0
3.5m-4m 2 0
4m-4.5m 1 0
8.01m-9m 1 0
45.01m-46m 1 1 0.2 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
176k-200k 1 0
201k-225k 5 0
226k-250k 2 0
251k-275k 3 4 0.2 4.5
276k-300k 8 3 0.1 16
301k-325k 33 55 9 0.3 3.6
326k-350k 47 110 17 0.4 2.6
351k-375k 34 38 10 0.2 5.4
376k-400k 12 14 5 0.2 5.1
401k-425k 2 7 1 0.6 1.7
426k-450k 2 2 0.2 6
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 3 4 1 0.2 4.5
151k-175k 3 0
176k-200k 1 0
226k-250k 1 0
251k-275k 2 2 0.2 6
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 28 9 2 0.1 18.7
26k-50k 56 8 2 0 42
51k-75k 8 5 0.1 9.6
76k-100k 11 7 0.1 9.4
101k-125k 3 2 1 0.1 9
126k-150k 18 0
151k-175k 4 3 0.1 8
176k-200k 9 2 0 27
201k-225k 3 3 0.2 6
226k-250k 6 0
276k-300k 7 0
301k-325k 1 0.2 0
326k-350k 3 0
351k-375k 1 0
376k-400k 1 0
401k-425k 1 0
426k-450k 2 0
451k-475k 1 0
476k-500k 2 0
501k-550k 3 0
551k-600k 4 1 0 24
601k-650k 1 0
651k-700k 1 1 1 0.2 6
701k-750k 1 0
751k-800k 3 0
851k-900k 2 0
901k-950k 2 0
951k-1m 1 2 0.3 3
1m-1.1m 1 0
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 3 0
1.3m-1.4m 2 0
1.4m-1.5m 6 0
1.5m-1.6m 1 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2.5m-2.75m 1 0
3m-3.5m 1 0
3.5m-4m 1 0
6.01m-7m 1 0