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 25% 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 6 10 2 0.3 3.6
101k-125k 11 32 4 0.5 2.1
126k-150k 22 61 3 0.5 2.2
151k-175k 40 83 21 0.3 2.9
176k-200k 71 86 15 0.2 5
201k-225k 82 111 17 0.2 4.4
226k-250k 110 119 22 0.2 5.5
251k-275k 107 114 21 0.2 5.6
276k-300k 131 121 19 0.2 6.5
301k-325k 75 97 10 0.2 4.6
326k-350k 110 109 12 0.2 6.1
351k-375k 82 78 15 0.2 6.3
376k-400k 88 100 12 0.2 5.3
401k-425k 66 81 13 0.2 4.9
426k-450k 69 76 7 0.2 5.4
451k-475k 37 46 5 0.2 4.8
476k-500k 62 77 9 0.2 4.8
501k-550k 75 128 13 0.3 3.5
551k-600k 76 115 9 0.3 4
601k-650k 49 116 17 0.4 2.5
651k-700k 40 113 12 0.5 2.1
701k-750k 39 79 2 0.3 3
751k-800k 22 94 14 0.7 1.4
801k-850k 30 68 4 0.4 2.6
851k-900k 25 74 9 0.5 2
901k-950k 29 39 1 0.2 4.5
951k-1m 21 45 5 0.4 2.8
1m-1.1m 21 63 6 0.5 2
1.1m-1.2m 26 58 10 0.4 2.7
1.2m-1.3m 25 48 4 0.3 3.1
1.3m-1.4m 17 34 6 0.3 3
1.4m-1.5m 17 32 3 0.3 3.2
1.5m-1.6m 13 23 2 0.3 3.4
1.6m-1.7m 9 27 1 0.5 2
1.7m-1.8m 10 18 1 0.3 3.3
1.8m-1.9m 9 15 2 0.3 3.6
1.9m-2m 7 15 1 0.4 2.8
2m-2.25m 17 23 2 0.2 4.4
2.25m-2.5m 12 34 4 0.5 2.1
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 11 17 1 0.3 3.9
3m-3.5m 16 16 0.2 6
3.5m-4m 17 10 0.1 10.2
4m-4.5m 10 6 1 0.1 10
4.5m-5m 8 5 0.1 9.6
5.01m-6m 10 9 0.2 6.7
6.01m-7m 3 1 0.1 18
7.01m-8m 2 0
8.01m-9m 1 3 0.5 2
9.01m-10m 1 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 23% 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 5 0.2 4.8
151k-175k 4 8 2 0.3 3
176k-200k 16 9 3 0.1 10.7
201k-225k 20 18 3 0.2 6.7
226k-250k 25 21 3 0.1 7.1
251k-275k 20 24 3 0.2 5
276k-300k 19 36 2 0.3 3.2
301k-325k 10 19 2 0.3 3.2
326k-350k 21 31 0.2 4.1
351k-375k 12 30 2 0.4 2.4
376k-400k 41 41 8 0.2 6
401k-425k 17 31 3 0.3 3.3
426k-450k 26 43 6 0.3 3.6
451k-475k 22 41 4 0.3 3.2
476k-500k 27 35 4 0.2 4.6
501k-550k 45 60 5 0.2 4.5
551k-600k 27 45 7 0.3 3.6
601k-650k 31 52 5 0.3 3.6
651k-700k 20 39 3 0.3 3.1
701k-750k 25 22 3 0.1 6.8
751k-800k 18 22 0.2 4.9
801k-850k 10 9 1 0.2 6.7
851k-900k 20 14 2 0.1 8.6
901k-950k 11 3 1 0 22
951k-1m 4 4 0.2 6
1m-1.1m 6 8 3 0.2 4.5
1.1m-1.2m 6 7 1 0.2 5.1
1.2m-1.3m 8 4 0.1 12
1.3m-1.4m 7 1 1.2 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 15% 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 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 1 1 0.2 0
101k-125k 6 7 2 0.2 5.1
126k-150k 15 23 1 0.3 3.9
151k-175k 33 32 4 0.2 6.2
176k-200k 69 63 8 0.2 6.6
201k-225k 100 83 12 0.1 7.2
226k-250k 100 108 12 0.2 5.6
251k-275k 103 105 8 0.2 5.9
276k-300k 110 102 13 0.2 6.5
301k-325k 54 100 12 0.3 3.2
326k-350k 76 89 3 0.2 5.1
351k-375k 52 48 3 0.2 6.5
376k-400k 54 65 7 0.2 5
401k-425k 31 44 2 0.2 4.2
426k-450k 27 26 2 0.2 6.2
451k-475k 25 31 3 0.2 4.8
476k-500k 35 32 2 0.2 6.6
501k-550k 37 36 3 0.2 6.2
551k-600k 25 25 0.2 6
601k-650k 20 26 2 0.2 4.6
651k-700k 16 16 1 0.2 6
701k-750k 13 7 1 0.1 11.1
751k-800k 14 7 0.1 12
801k-850k 7 9 2 0.2 4.7
851k-900k 7 10 3 0.2 4.2
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 6 7 3 0.2 5.1
1.1m-1.2m 14 0
1.2m-1.3m 5 9 0.3 3.3
1.3m-1.4m 6 4 1 0.1 9
1.4m-1.5m 6 3 1 0.1 12
1.5m-1.6m 2 2 1 0.2 6
1.6m-1.7m 3 0
1.7m-1.8m 6 2 0.1 18
1.8m-1.9m 3 0
1.9m-2m 6 1 0 36
2m-2.25m 5 1 0 30
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 3 0.3 4
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 14% 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 28 20 5 0.1 8.4
51k-75k 46 31 2 0.1 8.9
76k-100k 42 21 2 0.1 12
101k-125k 33 5 0 39.6
126k-150k 22 6 0 22
151k-175k 20 2 0 60
176k-200k 6 2 0.1 18
201k-225k 4 2 0.1 12
226k-250k 6 1 0 36
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 2 3 0.3 4
376k-400k 3 1 0.1 18
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 1 2 0.3 3
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 7 0
801k-850k 3 2 0.1 9
851k-900k 6 2 1 0.1 18
901k-950k 2 1 0.1 12
951k-1m 6 2 0.1 18
1m-1.1m 2 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 0.2 0
1.5m-1.6m 3 0
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 3 1 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