Absorption Report

Atlanta, Sutton Middle School

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.

How is Absorption Rate calculated? How is Months of Inventory calculated?

Seller's Market	Balanced Market	Buyer's Market
< 5 months Inventory	5 months Inventory	> 5 months Inventory

Houses 24% of available homes are currently under contract

List Price	Available	Sold Since 12/31	Under Contract Last 30 days	Absorption Rate	Months of Inventory
176k-200k		1	1	0.2	0

$179,900 58 Old State Rd. Pendergrass, GA
$179,900 58 Old State Rd. Pendergrass, GA
201k-225k		1		0.2	0

$219,000 61 Oak Leaf Ct. Pendergrass, GA

276k-300k	1	1		0.2	6
$299,900 7127 Holly Springs Rd. Pendergrass, GA
$299,000 75 Forest Lake Rd. Pendergrass, GA

301k-325k	1	10	1	1.7	0.6
$325,000 857 Independence Ave. Pendergrass, GA
$320,000 576 Nichols Rd. Pendergrass, GA $305,000 1112 Walnut Creek Cir. Pendergrass, GA $323,000 284 Darling Ln. Pendergrass, GA $325,000 1021 Walnut Creek Cir. Pendergrass, GA $305,000 62 Forest Lake Rd. Pendergrass, GA $325,000 21 Owl Ct. Pendergrass, GA $309,500 428 Merigold Way Pendergrass, GA $305,000 698 Independence Ave. Pendergrass, GA $320,000 795 Walnut Creek Cir. Pendergrass, GA $325,000 688 Independence Ave. Pendergrass, GA
$320,000 576 Nichols Rd. Pendergrass, GA
326k-350k	3	5	2	0.3	3.6
$330,000 639 Independence Ave. Pendergrass, GA $349,900 220 Starbuck Pkwy. Pendergrass, GA $349,900 217 Wynn Way Pendergrass, GA
$350,000 70 Rose Cir. Pendergrass, GA $344,900 337 Darling Ln. Pendergrass, GA $339,000 885 Summer Springs Ct. Pendergrass, GA $330,000 1402 Turning Leaf Ln. Pendergrass, GA $339,000 336 Merigold Way Pendergrass, GA
$344,900 337 Darling Ln. Pendergrass, GA $339,000 336 Merigold Way Pendergrass, GA
351k-375k	5	5	1	0.2	6
$370,000 643 Nichols Rd. Pendergrass, GA $360,000 169 Wynn Way Pendergrass, GA $375,000 511 Walnut Grove Way Pendergrass, GA $352,000 39 Darling Ln. Pendergrass, GA $355,000 735 Walnut Creek Cir. Pendergrass, GA
$370,000 145 Brooks Village Dr. Pendergrass, GA $355,000 62 Embry Blvd. Pendergrass, GA $352,000 197 Darling Ln. Pendergrass, GA $355,000 549 Starbuck Pkwy. Pendergrass, GA $352,000 68 Starbuck Pkwy. Pendergrass, GA
$355,000 549 Starbuck Pkwy. Pendergrass, GA
376k-400k	3	7	2	0.4	2.6
$379,900 128 Embry Blvd. Pendergrass, GA $382,000 112 Russell Rd. Pendergrass, GA $388,450 309 Sope Creek Cir. Pendergrass, GA
$387,000 479 Emily Forest Way Pendergrass, GA $399,700 524 Cottage Loop Pendergrass, GA $399,900 53 Rainwater Ln. Pendergrass, GA $389,000 329 Brooks Village Dr. Pendergrass, GA $384,900 254 Embry Blvd. Pendergrass, GA $400,000 80 Forest Lake Cir. Pendergrass, GA $385,000 73 Rapps Ave. Pendergrass, GA
$399,700 524 Cottage Loop Pendergrass, GA $399,900 53 Rainwater Ln. Pendergrass, GA
401k-425k	6	4		0.1	9
$419,900 50 Cranson Walk Pendergrass, GA $405,900 201 Walnut Grove Way Pendergrass, GA $419,700 196 Railroad St. Pendergrass, GA $403,350 337 Sope Creek Cir. Pendergrass, GA $416,990 297 Sope Creek Cir. Pendergrass, GA $413,980 284 Sope Creek Pendergrass, GA
$410,000 72 Hidden Pines Cir. Pendergrass, GA $409,900 25 Steel Tr. Pendergrass, GA $419,000 241 Pawtucket Ln. Pendergrass, GA $419,000 37 Mountain Creek Dr. Pendergrass, GA

426k-450k	3	4		0.2	4.5
$432,750 355 Sope Creek Cir. Pendergrass, GA $426,560 347 Sope Creek Cir. Pendergrass, GA $434,760 296 Sope Creek Pendergrass, GA
$440,980 253 Pawtucket Ln. Pendergrass, GA $434,990 164 Westerly Station Pendergrass, GA $429,990 34 Warwick Ct. Pendergrass, GA $440,160 13 Westerly Station Pendergrass, GA

451k-475k	6	4		0.1	9
$460,000 43 Bunt Ln. Pendergrass, GA $472,098 573 Stone Orchard Ct. Pendergrass, GA $474,616 166 Walnut Creek Pkwy. Pendergrass, GA $451,850 325 Sope Creek Cir. Pendergrass, GA $452,267 375 Orchard Bend Way Pendergrass, GA $455,990 272 Sope Creek Cir. Pendergrass, GA
$472,200 76 Railroad St. Pendergrass, GA $466,980 232 Pawtucket Ln. Pendergrass, GA $460,000 225 Caboose Ct. Pendergrass, GA $474,550 308 Sope Creek Cir. Pendergrass, GA

476k-500k	3	2	1	0.1	9
$499,025 194 Walnut Creek Pkwy. Pendergrass, GA $489,375 144 Walnut Creek Pkwy. Pendergrass, GA $487,547 345 Orchard Bend Way Pendergrass, GA
$497,828 105 Walnut Creek Pkwy. Pendergrass, GA $477,325 359 Orchard Bend Way Pendergrass, GA
$477,325 359 Orchard Bend Way Pendergrass, GA
551k-600k	1			0
$567,000 5198 Holly Springs Rd. Pendergrass, GA


651k-700k	3	1		0.1	18
$664,850 412 Trilium Tr. Pendergrass, GA $695,000 863 Old State Rd. Pendergrass, GA $699,000 885 Brooks Rd. Pendergrass, GA
$697,000 912 Primrose Ln. Pendergrass, GA

701k-750k		1		0.2	0

$725,000 385 Primrose Ln. Pendergrass, GA

751k-800k	1			0
$799,900 22 Hidden Tr. Pendergrass, GA


951k-1m	1			0
$959,885 70 Glen Eagles Way Pendergrass, GA

Townhouses NAN% of available homes are currently under contract

List Price	Sold Since 12/31	Absorption Rate	Months of Inventory
301k-325k	1	0.2	0

$315,000 8 Constitution Ave. Pendergrass, GA

326k-350k	1	0.2	0

$330,000 118 Mission Blvd. Pendergrass, GA

Land 11% of available homes are currently under contract

List Price	Available	Sold Since 12/31	Under Contract Last 30 days	Absorption Rate	Months of Inventory
101k-125k		2	1	0.3	0

$115,000 407 Church St. Pendergrass, GA $120,000 24 Pine Way Ln. Pendergrass, GA
$115,000 407 Church St. Pendergrass, GA
126k-150k	1	2		0.3	3
$129,500 550 Branch Dr. Pendergrass, GA
$130,000 Holly Springs Road Pendergrass, GA $130,000 759 Fairview Road Tract 2 Pendergrass, GA

151k-175k	1			0
$159,900 141 Water Lily Way Pendergrass, GA


176k-200k		2		0.3	0

$190,000 759 Fairview Road Tract 3 Pendergrass, GA $192,500 759 Fairview Road Tract 4 Pendergrass, GA

201k-225k	1			0
$225,000 Pettijohn Rd. Pendergrass, GA


226k-250k		1		0.2	0

$240,000 368 Periwinkle Way Pendergrass, GA

251k-275k	1			0
$275,000 527 Guy Cooper Rd. Pendergrass, GA


376k-400k	1	1		0.2	6
$399,999 599 Primrose Ln. Pendergrass, GA
$399,000 21 Manor Creek Drive Pendergrass, GA

476k-500k		1		0.2	0

$495,000 2077 Mountain Creek Church Road Pendergrass, GA

551k-600k	1			0
$595,000 00 Highway 60 Pendergrass, GA


701k-750k	1			0
$750,000 Holly Springs Rd. Pendergrass, GA


3.5m-4m	1			0
$3,900,000 1 Point Dr. Pendergrass, GA