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
1k-25k 1 0.2 0
76k-100k 3 3 0.2 6
101k-125k 4 5 2 0.2 4.8
126k-150k 6 11 0.3 3.3
151k-175k 7 11 3 0.3 3.8
176k-200k 10 13 2 0.2 4.6
201k-225k 8 10 2 0.2 4.8
226k-250k 8 15 2 0.3 3.2
251k-275k 12 33 6 0.5 2.2
276k-300k 23 30 6 0.2 4.6
301k-325k 21 50 9 0.4 2.5
326k-350k 27 67 10 0.4 2.4
351k-375k 35 44 13 0.2 4.8
376k-400k 30 62 11 0.3 2.9
401k-425k 25 50 8 0.3 3
426k-450k 28 44 8 0.3 3.8
451k-475k 19 49 5 0.4 2.3
476k-500k 24 36 4 0.3 4
501k-550k 30 45 5 0.3 4
551k-600k 24 43 8 0.3 3.3
601k-650k 15 23 3 0.3 3.9
651k-700k 10 18 1 0.3 3.3
701k-750k 11 15 4 0.2 4.4
751k-800k 4 9 0.4 2.7
801k-850k 4 14 3 0.6 1.7
851k-900k 7 5 1 0.1 8.4
901k-950k 4 4 1 0.2 6
951k-1m 3 5 2 0.3 3.6
1m-1.1m 5 5 0.2 6
1.1m-1.2m 7 1 1.2 0
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 1 4 0.7 1.5
1.4m-1.5m 2 2 0.2 6
1.5m-1.6m 5 3 0.1 10
1.6m-1.7m 4 2 0.1 12
1.7m-1.8m 2 0
1.8m-1.9m 5 2 0.8 0
1.9m-2m 2 0
2.25m-2.5m 2 1 0.1 12
2.75m-3m 1 1 0.2 6
3m-3.5m 2 1 0.1 12
3.5m-4m 1 0.2 0
4m-4.5m 1 0.2 0
5.01m-6m 2 0
6.01m-7m 1 0
7.01m-8m 1 0.2 0
22.01m-23m 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
76k-100k 1 1 0.2 0
126k-150k 2 0
151k-175k 4 2 0.1 12
176k-200k 2 4 0.3 3
201k-225k 2 6 0.5 2
226k-250k 9 12 1 0.2 4.5
251k-275k 5 4 0.1 7.5
276k-300k 2 9 0.8 1.3
301k-325k 5 5 1 0.2 6
326k-350k 4 8 2 0.3 3
351k-375k 4 4 1 0.2 6
376k-400k 10 12 2 0.2 5
401k-425k 3 9 2 0.5 2
426k-450k 6 8 0.2 4.5
451k-475k 3 3 1 0.2 6
476k-500k 1 5 2 0.8 1.2
501k-550k 2 4 1 0.3 3
551k-600k 3 3 1 0.2 6
601k-650k 1 0.2 0
851k-900k 1 0
951k-1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 2 1 0.1 12
1.3m-1.4m 1 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.25m-2.5m 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 2 11 4 0.9 1.1
76k-100k 20 30 4 0.3 4
101k-125k 35 60 15 0.3 3.5
126k-150k 74 75 10 0.2 5.9
151k-175k 87 72 13 0.1 7.3
176k-200k 63 59 7 0.2 6.4
201k-225k 55 43 10 0.1 7.7
226k-250k 50 33 6 0.1 9.1
251k-275k 26 17 2 0.1 9.2
276k-300k 31 10 2 0.1 18.6
301k-325k 10 6 0.1 10
326k-350k 10 7 3 0.1 8.6
351k-375k 13 3 1 0 26
376k-400k 6 1 0 36
401k-425k 4 2 0.1 12
426k-450k 5 0
451k-475k 4 0
476k-500k 2 1 0.1 12
501k-550k 4 2 0.1 12
551k-600k 8 6 0.1 8
601k-650k 6 2 0.1 18
651k-700k 5 3 2 0.1 10
701k-750k 5 1 0 30
751k-800k 4 1 0 24
801k-850k 5 1 0 30
851k-900k 4 1 0 24
901k-950k 2 4 1 0.3 3
951k-1m 3 1 0.1 18
1m-1.1m 6 1 0 36
1.1m-1.2m 9 2 0 27
1.2m-1.3m 4 0
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 2 0.3 0
1.5m-1.6m 2 0
1.6m-1.7m 3 0
1.8m-1.9m 1 0
1.9m-2m 1 0.2 0
2m-2.25m 2 0
2.25m-2.5m 1 0.2 0
2.75m-3m 1 0
4.5m-5m 2 0
12.01m-13m 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 1 0
51k-75k 2 0
76k-100k 3 3 0.2 6
101k-125k 1 3 1 0.5 2
126k-150k 3 1 0.1 18
151k-175k 1 3 0.5 2
176k-200k 3 0
201k-225k 2 0
226k-250k 2 1 0.1 12
276k-300k 1 0
326k-350k 1 0
401k-425k 1 0
501k-550k 2 0
551k-600k 1 0.2 0
601k-650k 1 0
751k-800k 1 0
1.1m-1.2m 1 1 0.2 0
1.2m-1.3m 1 0
1.6m-1.7m 1 0
2.25m-2.5m 1 1 0.2 6
5.01m-6m 1 0
6.01m-7m 1 0