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 0.2 0
126k-150k 1 0.2 0
151k-175k 1 4 0.7 1.5
176k-200k 1 3 1 0.5 2
201k-225k 1 8 2 1.3 0.8
226k-250k 6 18 3 0.5 2
251k-275k 3 20 2 1.1 0.9
276k-300k 7 25 4 0.6 1.7
301k-325k 15 30 10 0.3 3
326k-350k 32 80 13 0.4 2.4
351k-375k 37 78 11 0.4 2.8
376k-400k 96 133 23 0.2 4.3
401k-425k 88 134 17 0.3 3.9
426k-450k 101 141 28 0.2 4.3
451k-475k 56 91 17 0.3 3.7
476k-500k 72 85 7 0.2 5.1
501k-550k 90 108 15 0.2 5
551k-600k 56 72 15 0.2 4.7
601k-650k 51 40 8 0.1 7.7
651k-700k 34 26 2 0.1 7.8
701k-750k 18 14 0.1 7.7
751k-800k 11 14 4 0.2 4.7
801k-850k 11 8 2 0.1 8.3
851k-900k 5 3 2 0.1 10
901k-950k 5 6 0.2 5
951k-1m 5 1 0 30
1m-1.1m 6 2 0.1 18
1.1m-1.2m 2 2 0.2 6
1.2m-1.3m 4 2 0.1 12
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0.2 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
151k-175k 1 1 0.2 0
176k-200k 2 1 0.1 12
201k-225k 1 5 1 0.8 1.2
226k-250k 4 3 0.1 8
251k-275k 6 8 0.2 4.5
276k-300k 15 18 2 0.2 5
301k-325k 17 52 14 0.5 2
326k-350k 31 74 10 0.4 2.5
351k-375k 21 43 2 0.3 2.9
376k-400k 11 20 3 0.3 3.3
401k-425k 5 3 0.1 10
426k-450k 3 0
451k-475k 1 0.2 0
476k-500k 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 3 0.3 4
126k-150k 4 0
151k-175k 2 0
201k-225k 2 0.3 0
226k-250k 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 16 5 0.1 19.2
26k-50k 12 5 0.1 14.4
51k-75k 10 3 0.1 20
76k-100k 6 6 1 0.2 6
101k-125k 2 6 0.5 2
126k-150k 9 4 0.1 13.5
151k-175k 3 3 0.2 6
176k-200k 4 1 0 24
201k-225k 2 2 1 0.2 6
226k-250k 5 0
251k-275k 2 2 0.2 6
276k-300k 6 0
301k-325k 2 0
326k-350k 4 1 0 24
351k-375k 1 0
376k-400k 5 0
426k-450k 6 0
476k-500k 3 1 0.1 18
501k-550k 1 1 0.2 6
551k-600k 1 0
651k-700k 1 0
701k-750k 4 0
751k-800k 3 0
951k-1m 1 0
1m-1.1m 1 0
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 3 0
1.4m-1.5m 3 0
1.5m-1.6m 2 0
1.7m-1.8m 1 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
5.01m-6m 1 0
6.01m-7m 1 0
15.01m-16m 1 0