Absorption Report

Alpharetta, House, Alpharetta Elementary School


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 27% 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 8 0
351k-375k 1 0.2 0
451k-475k 1 0
501k-550k 1 0.2 0
551k-600k 1 2 0.3 3
601k-650k 5 10 3 0.3 3
651k-700k 2 14 6 1.2 0.9
701k-750k 7 13 1 0.3 3.2
751k-800k 8 16 3 0.3 3
801k-850k 4 11 1 0.5 2.2
851k-900k 7 12 2 0.3 3.5
901k-950k 4 10 3 0.4 2.4
951k-1m 3 20 3 1.1 0.9
1m-1.1m 7 23 6 0.5 1.8
1.1m-1.2m 12 13 3 0.2 5.5
1.2m-1.3m 7 18 3 0.4 2.3
1.3m-1.4m 13 11 2 0.1 7.1
1.4m-1.5m 11 16 3 0.2 4.1
1.5m-1.6m 7 12 1 0.3 3.5
1.6m-1.7m 1 13 3 2.2 0.5
1.7m-1.8m 8 9 1 0.2 5.3
1.8m-1.9m 3 8 1 0.4 2.3
1.9m-2m 7 7 4 0.2 6
2m-2.25m 6 16 2 0.4 2.3
2.25m-2.5m 11 19 3 0.3 3.5
2.5m-2.75m 13 13 3 0.2 6
2.75m-3m 14 9 3 0.1 9.3
3m-3.5m 16 6 1 0.1 16
3.5m-4m 12 8 0.1 9
4m-4.5m 9 2 1 0 27
4.5m-5m 9 6 1 0.1 9
5.01m-6m 11 1 0 66
6.01m-7m 8 2 0 24
7.01m-8m 5 2 1 0.1 15
8.01m-9m 1 0
9.01m-10m 2 1 0.1 12
11.01m-12m 1 0
12.01m-13m 1 1 0.2 6
34.01m-35m 1 0

Townhouses 25% 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 2 0
226k-250k 1 0.2 0
251k-275k 3 0.5 0
276k-300k 1 2 0.3 3
301k-325k 2 4 0.3 3
326k-350k 4 3 0.1 8
351k-375k 6 15 3 0.4 2.4
376k-400k 8 15 3 0.3 3.2
401k-425k 1 5 0.8 1.2
426k-450k 4 0.7 0
451k-475k 3 8 0.4 2.3
476k-500k 2 9 1 0.8 1.3
501k-550k 2 8 0.7 1.5
551k-600k 3 8 1 0.4 2.3
601k-650k 5 8 1 0.3 3.8
651k-700k 7 11 2 0.3 3.8
701k-750k 5 3 1 0.1 10
751k-800k 3 4 0.2 4.5
801k-850k 3 2 0.1 9
851k-900k 5 3 2 0.1 10
901k-950k 2 4 1 0.3 3
951k-1m 4 1 0 24
1m-1.1m 2 1 0.1 12
1.1m-1.2m 2 2 1 0.2 6
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 2 4 2 0.3 3
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 1 1 0.2 6
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 0.2 6
3m-3.5m 1 1 0.2 0
3.5m-4m 1 0.2 0

Condos 16% 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 6 0
126k-150k 3 1 0.5 0
151k-175k 6 3 1 0.1 12
176k-200k 13 24 8 0.3 3.3
201k-225k 15 23 4 0.3 3.9
226k-250k 12 30 3 0.4 2.4
251k-275k 34 25 4 0.1 8.2
276k-300k 30 32 6 0.2 5.6
301k-325k 30 29 6 0.2 6.2
326k-350k 22 28 4 0.2 4.7
351k-375k 17 15 2 0.1 6.8
376k-400k 22 15 2 0.1 8.8
401k-425k 16 16 1 0.2 6
426k-450k 13 11 5 0.1 7.1
451k-475k 3 9 0.5 2
476k-500k 10 12 4 0.2 5
501k-550k 12 7 1 0.1 10.3
551k-600k 9 12 2 0.2 4.5
601k-650k 6 5 0.1 7.2
651k-700k 7 4 0.1 10.5
701k-750k 9 11 2 0.2 4.9
751k-800k 3 4 0.2 4.5
801k-850k 5 5 1 0.2 6
851k-900k 4 1 0 24
901k-950k 3 2 0.1 9
951k-1m 5 1 0 30
1m-1.1m 1 5 0.8 1.2
1.1m-1.2m 8 5 1 0.1 9.6
1.2m-1.3m 3 5 1 0.3 3.6
1.3m-1.4m 1 1 0.2 6
1.4m-1.5m 7 1 0 42
1.5m-1.6m 2 3 0.3 4
1.6m-1.7m 2 2 1 0.2 6
1.7m-1.8m 1 0.2 0
1.9m-2m 2 1 0.1 12
2m-2.25m 4 3 0.1 8
2.25m-2.5m 3 1 0.1 18
2.5m-2.75m 1 0
2.75m-3m 3 0
3m-3.5m 1 1 0.2 6
3.5m-4m 1 1 0.2 6
4m-4.5m 1 0
4.5m-5m 4 0
5.01m-6m 1 0
10.01m-11m 1 0
13.01m-14m 1 0

Land 25% 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
76k-100k 1 0
476k-500k 1 0
501k-550k 1 0.2 0
551k-600k 1 0
601k-650k 1 1 0.2 0
651k-700k 2 0.3 0
701k-750k 1 2 2 0.3 3
801k-850k 4 1 0 24
851k-900k 1 0
951k-1m 1 1 0.2 0
1m-1.1m 1 0.2 0
1.1m-1.2m 2 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.5m-1.6m 1 1 0.2 0
1.6m-1.7m 2 0.3 0
2.5m-2.75m 1 0.2 0
2.75m-3m 1 0.2 0
3.5m-4m 1 0
5.01m-6m 1 0
6.01m-7m 1 0
14.01m-15m 1 0