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 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 4 2 0.7 0
201k-225k 1 0.2 0
226k-250k 2 14 6 1.2 0.9
251k-275k 3 11 6 0.6 1.6
276k-300k 6 20 4 0.6 1.8
301k-325k 7 32 9 0.8 1.3
326k-350k 20 46 2 0.4 2.6
351k-375k 25 73 12 0.5 2.1
376k-400k 48 145 22 0.5 2
401k-425k 82 131 23 0.3 3.8
426k-450k 71 90 12 0.2 4.7
451k-475k 46 82 11 0.3 3.4
476k-500k 50 49 12 0.2 6.1
501k-550k 62 65 14 0.2 5.7
551k-600k 49 55 13 0.2 5.3
601k-650k 24 24 9 0.2 6
651k-700k 34 26 6 0.1 7.8
701k-750k 9 16 3 0.3 3.4
751k-800k 15 10 2 0.1 9
801k-850k 10 2 1 0 30
851k-900k 9 6 0.1 9
901k-950k 5 3 0.1 10
951k-1m 2 4 2 0.3 3
1.1m-1.2m 1 0
1.2m-1.3m 3 2 0.1 9
1.4m-1.5m 4 0
1.6m-1.7m 2 0
1.7m-1.8m 4 0
1.9m-2m 1 0
2m-2.25m 1 0
3m-3.5m 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
226k-250k 3 2 0.5 0
251k-275k 2 4 1 0.3 3
276k-300k 3 11 2 0.6 1.6
301k-325k 17 88 17 0.9 1.2
326k-350k 21 60 11 0.5 2.1
351k-375k 7 50 6 1.2 0.8
376k-400k 6 35 2 1 1
401k-425k 5 21 2 0.7 1.4
426k-450k 5 8 1 0.3 3.8
451k-475k 2 0
551k-600k 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
126k-150k 1 0
151k-175k 10 3 0.1 20
201k-225k 1 0.2 0
226k-250k 2 0.3 0
251k-275k 1 3 0.5 2

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 39 18 8 0.1 13
26k-50k 8 8 1 0.2 6
51k-75k 8 2 0 24
76k-100k 7 6 1 0.1 7
101k-125k 1 7 2 1.2 0.9
126k-150k 11 4 2 0.1 16.5
151k-175k 5 1 0 30
176k-200k 4 3 0.1 8
201k-225k 4 2 2 0.1 12
226k-250k 2 1 0.1 12
251k-275k 2 1 1 0.1 12
276k-300k 4 2 0.1 12
301k-325k 2 2 1 0.2 6
326k-350k 2 1 1 0.1 12
351k-375k 1 3 0.5 2
376k-400k 2 0
401k-425k 1 1 0.2 0
426k-450k 1 0
451k-475k 2 0
476k-500k 2 0
501k-550k 2 0
551k-600k 1 0
601k-650k 4 1 0 24
651k-700k 3 0
701k-750k 1 0.2 0
751k-800k 1 0
801k-850k 1 0
851k-900k 5 0
951k-1m 1 0
1m-1.1m 2 0
1.1m-1.2m 2 0
1.2m-1.3m 3 0
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.8m-1.9m 1 0
2m-2.25m 2 0
2.25m-2.5m 3 0
3m-3.5m 2 0
3.5m-4m 2 0
5.01m-6m 2 1 0.1 12
6.01m-7m 1 0