Absorption Report: Atlanta, GA | Homes by Marco

Absorption Report


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 22% 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
26k-50k 1 0.2 0
51k-75k 1 6 1 1
76k-100k 5 12 3 0.4 2.5
101k-125k 12 29 5 0.4 2.5
126k-150k 20 60 4 0.5 2
151k-175k 43 89 22 0.3 2.9
176k-200k 71 87 11 0.2 4.9
201k-225k 85 109 16 0.2 4.7
226k-250k 115 114 20 0.2 6.1
251k-275k 114 112 16 0.2 6.1
276k-300k 136 122 18 0.1 6.7
301k-325k 78 101 12 0.2 4.6
326k-350k 107 108 9 0.2 5.9
351k-375k 83 79 16 0.2 6.3
376k-400k 88 103 15 0.2 5.1
401k-425k 69 83 11 0.2 5
426k-450k 66 75 5 0.2 5.3
451k-475k 38 50 7 0.2 4.6
476k-500k 63 75 9 0.2 5
501k-550k 77 131 15 0.3 3.5
551k-600k 82 120 10 0.2 4.1
601k-650k 51 113 16 0.4 2.7
651k-700k 45 112 9 0.4 2.4
701k-750k 40 83 4 0.3 2.9
751k-800k 22 93 12 0.7 1.4
801k-850k 27 69 6 0.4 2.3
851k-900k 27 72 5 0.4 2.3
901k-950k 28 38 2 0.2 4.4
951k-1m 20 47 7 0.4 2.6
1m-1.1m 25 62 4 0.4 2.4
1.1m-1.2m 27 55 10 0.3 2.9
1.2m-1.3m 26 46 3 0.3 3.4
1.3m-1.4m 17 34 4 0.3 3
1.4m-1.5m 15 33 5 0.4 2.7
1.5m-1.6m 14 24 2 0.3 3.5
1.6m-1.7m 9 25 1 0.5 2.2
1.7m-1.8m 13 19 1 0.2 4.1
1.8m-1.9m 8 15 2 0.3 3.2
1.9m-2m 6 13 1 0.4 2.8
2m-2.25m 16 23 1 0.2 4.2
2.25m-2.5m 16 32 3 0.3 3
2.5m-2.75m 20 9 0.1 13.3
2.75m-3m 12 15 1 0.2 4.8
3m-3.5m 15 18 0.2 5
3.5m-4m 16 10 1 0.1 9.6
4m-4.5m 8 9 3 0.2 5.3
4.5m-5m 7 3 0.1 14
5.01m-6m 12 9 0.1 8
6.01m-7m 3 1 0.1 18
7.01m-8m 2 1 0.1 12
8.01m-9m 1 2 0.3 3
9.01m-10m 1 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 19% 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 1 0.3 0
101k-125k 2 4 0.3 3
126k-150k 4 4 0.2 6
151k-175k 4 9 3 0.4 2.7
176k-200k 15 11 5 0.1 8.2
201k-225k 19 17 2 0.1 6.7
226k-250k 30 22 2 0.1 8.2
251k-275k 20 22 2 0.2 5.5
276k-300k 21 35 1 0.3 3.6
301k-325k 10 20 3 0.3 3
326k-350k 20 32 1 0.3 3.8
351k-375k 12 28 2 0.4 2.6
376k-400k 38 44 9 0.2 5.2
401k-425k 15 32 5 0.4 2.8
426k-450k 23 45 6 0.3 3.1
451k-475k 25 39 3 0.3 3.8
476k-500k 30 35 3 0.2 5.1
501k-550k 47 62 5 0.2 4.5
551k-600k 31 45 9 0.2 4.1
601k-650k 29 51 5 0.3 3.4
651k-700k 20 38 2 0.3 3.2
701k-750k 26 24 1 0.2 6.5
751k-800k 20 21 0.2 5.7
801k-850k 12 8 1 0.1 9
851k-900k 17 15 4 0.1 6.8
901k-950k 11 3 1 0 22
951k-1m 7 4 0.1 10.5
1m-1.1m 7 8 3 0.2 5.3
1.1m-1.2m 6 10 3 0.3 3.6
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 6 1 1 0
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 1 1 0.2 6
1.9m-2m 1 0.2 0
2m-2.25m 2 0.3 0
2.25m-2.5m 2 0.3 0
2.5m-2.75m 1 0.2 0
2.75m-3m 1 0
3.5m-4m 1 0
6.01m-7m 1 0

Condos 11% 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
26k-50k 3 0
51k-75k 4 2 0.1 12
76k-100k 1 1 1 0.2 6
101k-125k 5 7 2 0.2 4.3
126k-150k 15 23 2 0.3 3.9
151k-175k 38 35 6 0.2 6.5
176k-200k 71 63 8 0.1 6.8
201k-225k 106 79 10 0.1 8.1
226k-250k 103 106 12 0.2 5.8
251k-275k 108 104 10 0.2 6.2
276k-300k 120 100 12 0.1 7.2
301k-325k 62 96 9 0.3 3.9
326k-350k 79 84 2 0.2 5.6
351k-375k 48 45 6 0.2 6.4
376k-400k 56 65 6 0.2 5.2
401k-425k 37 43 2 0.2 5.2
426k-450k 23 25 3 0.2 5.5
451k-475k 25 31 4 0.2 4.8
476k-500k 34 34 2 0.2 6
501k-550k 40 34 1 0.1 7.1
551k-600k 27 26 1 0.2 6.2
601k-650k 21 26 2 0.2 4.8
651k-700k 16 15 1 0.2 6.4
701k-750k 13 7 1 0.1 11.1
751k-800k 13 7 0.1 11.1
801k-850k 8 10 2 0.2 4.8
851k-900k 6 7 1 0.2 5.1
901k-950k 2 3 1 0.3 4
951k-1m 5 4 0.1 7.5
1m-1.1m 7 7 3 0.2 6
1.1m-1.2m 14 1 0 84
1.2m-1.3m 5 7 0.2 4.3
1.3m-1.4m 6 3 0.1 12
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 4 0
1.7m-1.8m 7 1 0 42
1.8m-1.9m 3 0
1.9m-2m 7 1 0 42
2m-2.25m 3 2 1 0.1 9
2.25m-2.5m 5 1 0 30
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 3 0.3 4
3m-3.5m 2 2 0.2 6
3.5m-4m 2 0
4m-4.5m 3 0
4.5m-5m 4 0
5.01m-6m 2 0
9.01m-10m 1 0

Land 11% 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 2 3 0.3 4
26k-50k 27 19 4 0.1 8.5
51k-75k 43 29 1 0.1 8.9
76k-100k 42 22 1 0.1 11.5
101k-125k 33 5 0 39.6
126k-150k 24 6 0 24
151k-175k 21 2 0 63
176k-200k 5 2 0.1 15
201k-225k 4 2 0.1 12
226k-250k 5 1 0 30
251k-275k 1 0
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 5 4 1 0.1 7.5
351k-375k 4 2 0.1 12
376k-400k 3 1 0.1 18
426k-450k 2 1 0.1 12
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 2 1 0.1 12
551k-600k 5 3 0.1 10
601k-650k 1 0
651k-700k 6 3 0.1 12
701k-750k 9 1 0 54
751k-800k 6 0
801k-850k 4 1 0 24
851k-900k 6 2 1 0.1 18
901k-950k 3 1 0.1 18
951k-1m 6 2 0.1 18
1m-1.1m 3 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 2 0
1.4m-1.5m 1 0.2 0
1.5m-1.6m 3 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 1 0
2m-2.25m 1 0
2.75m-3m 1 0
3m-3.5m 3 1 0.1 18
5.01m-6m 2 0
6.01m-7m 1 0