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 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
51k-75k 2 2 0.3 0
76k-100k 1 2 0.3 3
101k-125k 6 5 1 0.1 7.2
126k-150k 5 12 4 0.4 2.5
151k-175k 5 14 3 0.5 2.1
176k-200k 12 12 2 0.2 6
201k-225k 6 15 4 0.4 2.4
226k-250k 10 13 2 0.2 4.6
251k-275k 14 25 3 0.3 3.4
276k-300k 14 28 5 0.3 3
301k-325k 15 53 7 0.6 1.7
326k-350k 26 63 11 0.4 2.5
351k-375k 28 51 12 0.3 3.3
376k-400k 20 51 9 0.4 2.4
401k-425k 26 54 5 0.3 2.9
426k-450k 35 41 3 0.2 5.1
451k-475k 20 53 6 0.4 2.3
476k-500k 25 28 4 0.2 5.4
501k-550k 27 50 9 0.3 3.2
551k-600k 20 45 7 0.4 2.7
601k-650k 14 19 3 0.2 4.4
651k-700k 9 20 0.4 2.7
701k-750k 12 17 1 0.2 4.2
751k-800k 3 11 2 0.6 1.6
801k-850k 9 10 1 0.2 5.4
851k-900k 3 4 0.2 4.5
901k-950k 7 3 1 0.1 14
951k-1m 2 5 0.4 2.4
1m-1.1m 3 6 1 0.3 3
1.1m-1.2m 4 6 1 0.3 4
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 1 5 0.8 1.2
1.4m-1.5m 9 3 1 0.1 18
1.5m-1.6m 2 0
1.6m-1.7m 2 2 0.2 6
1.7m-1.8m 1 0.2 0
1.8m-1.9m 4 0.7 0
1.9m-2m 1 0
2.25m-2.5m 1 1 0.2 6
2.5m-2.75m 1 0
2.75m-3m 1 0.2 0
3m-3.5m 3 1 0.1 18
4m-4.5m 1 0
5.01m-6m 1 0
6.01m-7m 1 0
13.01m-14m 1 0
27.01m-28m 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
126k-150k 1 1 1 0.2 6
151k-175k 1 1 0.2 0
176k-200k 4 3 0.1 8
201k-225k 1 6 1 1
226k-250k 3 12 1 0.7 1.5
251k-275k 6 1 0 36
276k-300k 5 8 1 0.3 3.8
301k-325k 9 4 0.1 13.5
326k-350k 1 6 1 1
351k-375k 4 7 1 0.3 3.4
376k-400k 6 10 1 0.3 3.6
401k-425k 5 6 0.2 5
426k-450k 3 9 1 0.5 2
451k-475k 3 2 0.1 9
476k-500k 2 6 0.5 2
501k-550k 6 3 0.1 12
551k-600k 1 1 0.2 6
601k-650k 1 0.2 0
1.1m-1.2m 1 0
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0
2.5m-2.75m 1 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
51k-75k 1 10 1 1.7 0.6
76k-100k 18 31 6 0.3 3.5
101k-125k 36 69 8 0.3 3.1
126k-150k 79 72 11 0.2 6.6
151k-175k 77 76 14 0.2 6.1
176k-200k 80 54 6 0.1 8.9
201k-225k 59 35 6 0.1 10.1
226k-250k 46 33 9 0.1 8.4
251k-275k 30 18 2 0.1 10
276k-300k 21 9 1 0.1 14
301k-325k 14 5 2 0.1 16.8
326k-350k 14 7 1 0.1 12
351k-375k 12 4 0.1 18
376k-400k 1 1 0.2 6
401k-425k 7 1 0 42
426k-450k 3 0
451k-475k 3 0
476k-500k 3 0
501k-550k 3 3 1 0.2 6
551k-600k 6 6 0.2 6
601k-650k 2 0
651k-700k 8 3 0.1 16
701k-750k 2 1 0.1 12
751k-800k 4 1 0 24
801k-850k 4 2 1 0.1 12
851k-900k 4 1 0 24
901k-950k 4 3 0.1 8
951k-1m 2 1 0.3 0
1m-1.1m 1 1 0.2 0
1.1m-1.2m 10 0
1.2m-1.3m 3 0
1.3m-1.4m 2 0
1.4m-1.5m 1 2 0.3 3
1.5m-1.6m 1 1 0.2 6
1.6m-1.7m 3 0
1.7m-1.8m 1 0
1.9m-2m 1 0.2 0
2m-2.25m 1 0
2.25m-2.5m 1 0
4.5m-5m 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 1 0
51k-75k 1 0
76k-100k 2 3 0.3 4
101k-125k 1 4 1 0.7 1.5
126k-150k 3 1 1 0.1 18
151k-175k 2 2 0.2 6
176k-200k 2 0
201k-225k 2 0
226k-250k 1 1 0.2 6
276k-300k 3 0
376k-400k 1 0
476k-500k 1 1 0.2 0
501k-550k 2 0
551k-600k 1 1 0.2 6
601k-650k 1 0
1m-1.1m 1 0
1.7m-1.8m 1 0
1.9m-2m 1 1 0.2 0
2.25m-2.5m 1 1 0.2 6
3m-3.5m 1 0
3.5m-4m 1 0
4m-4.5m 1 0
5.01m-6m 1 0
6.01m-7m 1 0