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
1k-25k 1 1 0.2 0
126k-150k 1 1 0.2 0
151k-175k 3 1 0.5 0
176k-200k 3 0.5 0
201k-225k 4 8 1 0.3 3
226k-250k 7 14 0.3 3
251k-275k 3 19 2 1.1 0.9
276k-300k 9 26 4 0.5 2.1
301k-325k 22 22 9 0.2 6
326k-350k 45 71 17 0.3 3.8
351k-375k 49 89 13 0.3 3.3
376k-400k 88 145 19 0.3 3.6
401k-425k 72 136 13 0.3 3.2
426k-450k 98 148 10 0.3 4
451k-475k 60 96 10 0.3 3.8
476k-500k 62 88 10 0.2 4.2
501k-550k 86 109 14 0.2 4.7
551k-600k 66 72 8 0.2 5.5
601k-650k 49 43 4 0.1 6.8
651k-700k 31 30 4 0.2 6.2
701k-750k 14 20 3 0.2 4.2
751k-800k 16 13 1 0.1 7.4
801k-850k 11 9 0.1 7.3
851k-900k 11 4 0.1 16.5
901k-950k 3 5 1 0.3 3.6
951k-1m 5 0
1m-1.1m 6 3 0.1 12
1.1m-1.2m 5 2 0.1 15
1.2m-1.3m 3 2 0.1 9
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2.5m-2.75m 2 0
2.75m-3m 2 0
3.5m-4m 3 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 1 0.2 6
201k-225k 1 4 1 0.7 1.5
226k-250k 4 3 0.1 8
251k-275k 8 8 3 0.2 6
276k-300k 11 14 2 0.2 4.7
301k-325k 20 52 1 0.4 2.3
326k-350k 31 85 12 0.5 2.2
351k-375k 19 52 4 0.5 2.2
376k-400k 12 24 4 0.3 3
401k-425k 6 2 0.1 18
426k-450k 2 0
451k-475k 2 1 0.3 0
476k-500k 1 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
101k-125k 2 5 1 0.4 2.4
126k-150k 5 2 0.1 15
176k-200k 1 0.2 0
251k-275k 2 0
326k-350k 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 38 9 1 0 25.3
26k-50k 62 7 0 53.1
51k-75k 10 4 1 0.1 15
76k-100k 11 6 1 0.1 11
101k-125k 2 8 3 0.7 1.5
126k-150k 10 5 1 0.1 12
151k-175k 6 4 1 0.1 9
176k-200k 3 1 0.1 18
201k-225k 7 2 1 0 21
226k-250k 6 0
251k-275k 3 3 0.2 6
276k-300k 7 0
301k-325k 4 1 0 24
326k-350k 3 1 0.1 18
376k-400k 2 0
426k-450k 6 0
451k-475k 1 0
476k-500k 2 2 0.2 6
501k-550k 3 1 1 0.1 18
551k-600k 2 1 0.1 12
601k-650k 1 0.2 0
651k-700k 1 0.2 0
701k-750k 2 0
751k-800k 2 0
851k-900k 1 0
901k-950k 1 0
951k-1m 1 0
1.1m-1.2m 4 1 0 24
1.2m-1.3m 1 0
1.4m-1.5m 4 0
1.5m-1.6m 2 0
1.7m-1.8m 3 0
1.8m-1.9m 1 0
1.9m-2m 1 0
3m-3.5m 2 0
3.5m-4m 1 0
4m-4.5m 1 0
4.5m-5m 1 0.2 0
6.01m-7m 1 0