Absorption Report

Atlanta, GA

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 44 88 22 0.3 3
176k-200k 71 86 10 0.2 5
201k-225k 85 109 16 0.2 4.7
226k-250k 116 114 20 0.2 6.1
251k-275k 113 112 16 0.2 6.1
276k-300k 135 122 19 0.2 6.6
301k-325k 78 101 12 0.2 4.6
326k-350k 107 109 9 0.2 5.9
351k-375k 82 80 17 0.2 6.2
376k-400k 90 101 13 0.2 5.3
401k-425k 69 84 11 0.2 4.9
426k-450k 66 75 6 0.2 5.3
451k-475k 39 49 6 0.2 4.8
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 50 114 16 0.4 2.6
651k-700k 42 112 9 0.4 2.3
701k-750k 39 83 4 0.4 2.8
751k-800k 22 95 13 0.7 1.4
801k-850k 28 69 6 0.4 2.4
851k-900k 26 73 5 0.5 2.1
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 16 34 4 0.4 2.8
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 8 25 1 0.5 1.9
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 2 0.2 4.2
2.25m-2.5m 16 32 3 0.3 3
2.5m-2.75m 19 9 0.1 12.7
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 9 8 2 0.1 6.8
4.5m-5m 6 3 0.1 12
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 14 11 5 0.1 7.6
201k-225k 20 17 2 0.1 7.1
226k-250k 30 22 2 0.1 8.2
251k-275k 20 22 2 0.2 5.5
276k-300k 21 36 1 0.3 3.5
301k-325k 10 20 3 0.3 3
326k-350k 20 33 1 0.3 3.6
351k-375k 12 28 2 0.4 2.6
376k-400k 38 44 9 0.2 5.2
401k-425k 16 31 4 0.3 3.1
426k-450k 24 44 6 0.3 3.3
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 2 0.2 6.5
751k-800k 20 21 0.2 5.7
801k-850k 11 8 1 0.1 8.3
851k-900k 18 13 2 0.1 8.3
901k-950k 12 3 1 0 24
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 14 23 2 0.3 3.7
151k-175k 36 35 6 0.2 6.2
176k-200k 69 64 8 0.2 6.5
201k-225k 106 79 12 0.1 8.1
226k-250k 102 106 12 0.2 5.8
251k-275k 107 105 10 0.2 6.1
276k-300k 120 100 11 0.1 7.2
301k-325k 62 96 10 0.3 3.9
326k-350k 77 85 2 0.2 5.4
351k-375k 49 47 6 0.2 6.3
376k-400k 56 65 6 0.2 5.2
401k-425k 37 44 2 0.2 5
426k-450k 24 25 3 0.2 5.8
451k-475k 25 31 4 0.2 4.8
476k-500k 34 34 2 0.2 6
501k-550k 39 34 1 0.1 6.9
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 1 0.1 12
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 2 2 1 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 42 30 2 0.1 8.4
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