Absorption Report

Atlanta, Sutton Middle School

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 26% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
126k-150k 1 0.2 0
201k-225k 1 1 0.2 6
226k-250k 1 0.2 0
251k-275k 1 0
301k-325k 2 0.3 0
326k-350k 2 3 0.3 4
351k-375k 1 0.2 0
376k-400k 2 6 0.5 2
401k-425k 1 3 0.5 2
426k-450k 2 5 1 0.4 2.4
451k-475k 5 5 0.2 6
476k-500k 3 3 0.2 6
501k-550k 2 6 2 0.5 2
551k-600k 10 14 0.2 4.3
601k-650k 6 15 2 0.4 2.4
651k-700k 10 30 7 0.5 2
701k-750k 10 17 1 0.3 3.5
751k-800k 4 16 2 0.7 1.5
801k-850k 6 12 0.3 3
851k-900k 6 19 2 0.5 1.9
901k-950k 3 8 1 0.4 2.3
951k-1m 5 11 2 0.4 2.7
1m-1.1m 8 22 3 0.5 2.2
1.1m-1.2m 8 22 3 0.5 2.2
1.2m-1.3m 5 20 1 0.7 1.5
1.3m-1.4m 6 19 3 0.5 1.9
1.4m-1.5m 6 15 0.4 2.4
1.5m-1.6m 7 16 4 0.4 2.6
1.6m-1.7m 3 13 4 0.7 1.4
1.7m-1.8m 6 11 3 0.3 3.3
1.8m-1.9m 2 6 0.5 2
1.9m-2m 4 10 3 0.4 2.4
2m-2.25m 9 13 1 0.2 4.2
2.25m-2.5m 9 12 3 0.2 4.5
2.5m-2.75m 9 10 3 0.2 5.4
2.75m-3m 10 8 2 0.1 7.5
3m-3.5m 11 9 1 0.1 7.3
3.5m-4m 10 9 1 0.2 6.7
4m-4.5m 8 5 1 0.1 9.6
4.5m-5m 8 0
5.01m-6m 10 4 1 0.1 15
6.01m-7m 2 3 0.3 4
8.01m-9m 1 1 1 0.2 6
9.01m-10m 1 0

Townhouses 13% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
251k-275k 1 0
276k-300k 4 5 0.2 4.8
301k-325k 3 1 0.1 18
326k-350k 5 12 1 0.4 2.5
351k-375k 12 7 1 0.1 10.3
376k-400k 9 10 2 0.2 5.4
401k-425k 4 9 0.4 2.7
426k-450k 8 7 0.1 6.9
451k-475k 3 14 2 0.8 1.3
476k-500k 5 5 0.2 6
501k-550k 10 21 1 0.4 2.9
551k-600k 10 10 1 0.2 6
601k-650k 14 10 1 0.1 8.4
651k-700k 10 10 2 0.2 6
701k-750k 14 12 0.1 7
751k-800k 11 6 0.1 11
801k-850k 1 3 1 0.5 2
851k-900k 14 7 2 0.1 12
901k-950k 3 0
951k-1m 3 2 0.1 9
1m-1.1m 3 1 0.1 18
1.1m-1.2m 1 2 0.3 3
1.2m-1.3m 3 1 1 0.1 18
1.3m-1.4m 2 1 0.3 0
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 1 2 0.3 3
1.6m-1.7m 1 0.2 0
2m-2.25m 2 1 0.1 12
2.25m-2.5m 1 0.2 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 12% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
101k-125k 1 0
126k-150k 3 3 0.2 6
151k-175k 5 6 1 0.2 5
176k-200k 39 26 5 0.1 9
201k-225k 27 26 3 0.2 6.2
226k-250k 43 27 3 0.1 9.6
251k-275k 40 35 5 0.1 6.9
276k-300k 54 40 7 0.1 8.1
301k-325k 26 36 2 0.2 4.3
326k-350k 25 22 3 0.1 6.8
351k-375k 15 12 4 0.1 7.5
376k-400k 26 22 2 0.1 7.1
401k-425k 13 19 2 0.2 4.1
426k-450k 9 6 1 0.1 9
451k-475k 6 5 1 0.1 7.2
476k-500k 17 13 1 0.1 7.8
501k-550k 18 8 2 0.1 13.5
551k-600k 9 5 0.1 10.8
601k-650k 7 11 2 0.3 3.8
651k-700k 8 8 1 0.2 6
701k-750k 6 7 0.2 5.1
751k-800k 4 3 2 0.1 8
801k-850k 1 2 0.3 3
851k-900k 4 3 1 0.1 8
901k-950k 3 3 1 0.2 6
951k-1m 2 4 0.3 3
1m-1.1m 5 2 0.1 15
1.1m-1.2m 8 0
1.2m-1.3m 4 5 1 0.2 4.8
1.3m-1.4m 4 0
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 2 0
1.6m-1.7m 3 0
1.7m-1.8m 3 1 0.1 18
1.9m-2m 1 1 0.2 6
2m-2.25m 3 2 0.1 9
2.25m-2.5m 5 1 0 30
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 2 0
4.5m-5m 5 1 0 30
5.01m-6m 2 0
11.01m-12m 1 0

Land 12% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
151k-175k 1 0
176k-200k 1 0
226k-250k 3 0
276k-300k 1 0
301k-325k 1 0.2 0
326k-350k 1 0.2 0
376k-400k 1 0
476k-500k 1 0.2 0
501k-550k 1 0
551k-600k 1 0.2 0
651k-700k 2 0
701k-750k 5 0
751k-800k 4 1 0 24
801k-850k 3 0
851k-900k 1 0
901k-950k 2 0
1m-1.1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 1 1 1 0.2 6
1.6m-1.7m 1 0
1.7m-1.8m 2 0
1.9m-2m 1 0
3m-3.5m 1 0
3.5m-4m 1 1 0.2 6
6.01m-7m 1 0
13.01m-14m 1 0.2 0