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 1 0.2 0
51k-75k 1 8 1 1.3 0.8
76k-100k 3 9 4 0.5 2
101k-125k 8 28 2 0.6 1.7
126k-150k 26 68 15 0.4 2.3
151k-175k 46 73 13 0.3 3.8
176k-200k 66 92 22 0.2 4.3
201k-225k 79 114 11 0.2 4.2
226k-250k 117 111 19 0.2 6.3
251k-275k 118 120 10 0.2 5.9
276k-300k 163 125 14 0.1 7.8
301k-325k 99 101 13 0.2 5.9
326k-350k 124 111 23 0.1 6.7
351k-375k 92 93 20 0.2 5.9
376k-400k 122 102 10 0.1 7.2
401k-425k 69 76 11 0.2 5.4
426k-450k 77 82 15 0.2 5.6
451k-475k 49 58 8 0.2 5.1
476k-500k 77 81 8 0.2 5.7
501k-550k 99 137 23 0.2 4.3
551k-600k 96 130 15 0.2 4.4
601k-650k 69 118 21 0.3 3.5
651k-700k 52 131 24 0.4 2.4
701k-750k 38 87 14 0.4 2.6
751k-800k 46 80 16 0.3 3.5
801k-850k 25 75 14 0.5 2
851k-900k 40 82 6 0.3 2.9
901k-950k 34 48 2 0.2 4.3
951k-1m 21 42 4 0.3 3
1m-1.1m 38 68 12 0.3 3.4
1.1m-1.2m 42 58 6 0.2 4.3
1.2m-1.3m 24 57 6 0.4 2.5
1.3m-1.4m 19 40 10 0.4 2.9
1.4m-1.5m 24 38 4 0.3 3.8
1.5m-1.6m 15 30 5 0.3 3
1.6m-1.7m 14 24 5 0.3 3.5
1.7m-1.8m 16 17 5 0.2 5.6
1.8m-1.9m 8 15 1 0.3 3.2
1.9m-2m 17 13 2 0.1 7.8
2m-2.25m 24 26 2 0.2 5.5
2.25m-2.5m 22 32 7 0.2 4.1
2.5m-2.75m 22 11 2 0.1 12
2.75m-3m 17 17 3 0.2 6
3m-3.5m 24 18 2 0.1 8
3.5m-4m 19 11 0.1 10.4
4m-4.5m 16 6 1 0.1 16
4.5m-5m 11 3 1 0 22
5.01m-6m 15 8 2 0.1 11.3
6.01m-7m 2 2 0.2 6
8.01m-9m 1 3 1 0.5 2
9.01m-10m 2 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 1 1 1 0.2 6
101k-125k 2 3 1 0.3 4
126k-150k 4 5 1 0.2 4.8
151k-175k 4 4 0.2 6
176k-200k 17 8 1 0.1 12.8
201k-225k 17 19 3 0.2 5.4
226k-250k 31 30 4 0.2 6.2
251k-275k 21 23 4 0.2 5.5
276k-300k 31 40 3 0.2 4.7
301k-325k 12 19 2 0.3 3.8
326k-350k 27 35 4 0.2 4.6
351k-375k 18 26 2 0.2 4.2
376k-400k 44 47 9 0.2 5.6
401k-425k 26 32 1 0.2 4.9
426k-450k 32 40 2 0.2 4.8
451k-475k 23 53 7 0.4 2.6
476k-500k 27 38 5 0.2 4.3
501k-550k 39 71 13 0.3 3.3
551k-600k 64 50 4 0.1 7.7
601k-650k 37 52 7 0.2 4.3
651k-700k 28 41 10 0.2 4.1
701k-750k 32 27 4 0.1 7.1
751k-800k 30 23 2 0.1 7.8
801k-850k 15 13 3 0.1 6.9
851k-900k 24 12 4 0.1 12
901k-950k 8 3 1 0.1 16
951k-1m 7 7 0.2 6
1m-1.1m 13 7 2 0.1 11.1
1.1m-1.2m 9 8 0.1 6.8
1.2m-1.3m 8 7 1 0.1 6.9
1.3m-1.4m 2 6 1 0.5 2
1.4m-1.5m 2 3 0.3 4
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 2 1 0.1 12
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 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 1 0.2 0
26k-50k 4 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 12 4 0.1 18
126k-150k 12 22 5 0.3 3.3
151k-175k 29 39 6 0.2 4.5
176k-200k 90 66 11 0.1 8.2
201k-225k 112 89 12 0.1 7.6
226k-250k 121 125 18 0.2 5.8
251k-275k 120 105 15 0.1 6.9
276k-300k 131 127 27 0.2 6.2
301k-325k 85 108 8 0.2 4.7
326k-350k 88 102 6 0.2 5.2
351k-375k 57 52 6 0.2 6.6
376k-400k 70 74 9 0.2 5.7
401k-425k 37 58 10 0.3 3.8
426k-450k 32 33 5 0.2 5.8
451k-475k 25 36 5 0.2 4.2
476k-500k 43 37 5 0.1 7
501k-550k 60 34 7 0.1 10.6
551k-600k 31 31 2 0.2 6
601k-650k 22 30 2 0.2 4.4
651k-700k 27 19 3 0.1 8.5
701k-750k 14 9 0.1 9.3
751k-800k 12 9 3 0.1 8
801k-850k 12 11 1 0.2 6.5
851k-900k 10 7 1 0.1 8.6
901k-950k 3 4 1 0.2 4.5
951k-1m 4 5 0.2 4.8
1m-1.1m 9 3 0.1 18
1.1m-1.2m 12 0
1.2m-1.3m 7 8 2 0.2 5.3
1.3m-1.4m 7 1 1 0 42
1.4m-1.5m 9 6 0.1 9
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.7m-1.8m 5 2 0.1 15
1.8m-1.9m 2 0
1.9m-2m 4 1 0 24
2m-2.25m 5 2 0.1 15
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 5 2 0.4 2.4
3m-3.5m 2 3 0.3 4
3.5m-4m 1 0
4m-4.5m 3 0
4.5m-5m 5 1 0 30
5.01m-6m 2 0
11.01m-12m 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 5 5 0.2 6
26k-50k 42 20 2 0.1 12.6
51k-75k 64 31 5 0.1 12.4
76k-100k 64 21 3 0.1 18.3
101k-125k 39 9 2 0 26
126k-150k 33 6 3 0 33
151k-175k 22 0
176k-200k 8 2 0 24
201k-225k 5 2 1 0.1 15
226k-250k 9 2 0 27
251k-275k 2 1 0.1 12
276k-300k 9 0
301k-325k 3 6 1 0.3 3
326k-350k 5 3 1 0.1 10
351k-375k 1 2 0.3 3
376k-400k 5 1 0 30
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 2 1 0.1 12
551k-600k 2 4 1 0.3 3
601k-650k 3 0
651k-700k 8 2 1 0 24
701k-750k 10 2 0 30
751k-800k 6 1 0 36
801k-850k 5 2 0.1 15
851k-900k 8 1 0 48
901k-950k 3 0
951k-1m 8 2 0 24
1m-1.1m 3 0
1.1m-1.2m 2 1 1 0.1 12
1.2m-1.3m 4 1 0 24
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 4 0
1.6m-1.7m 2 1 1 0.1 12
1.7m-1.8m 5 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0
3m-3.5m 2 0
3.5m-4m 1 0.2 0
5.01m-6m 2 0
6.01m-7m 1 0
13.01m-14m 1 0.2 0