Absorption Report

Atlanta, Grant Park, Active Adult Community


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 40% 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
51k-75k 1 0.2 0
126k-150k 1 0.2 0
151k-175k 1 0.2 0
176k-200k 2 0
201k-225k 2 3 0.3 4
226k-250k 6 1 0
251k-275k 5 10 0.3 3
276k-300k 3 19 5 1.1 0.9
301k-325k 1 19 2 3.2 0.3
326k-350k 10 21 5 0.4 2.9
351k-375k 4 32 7 1.3 0.8
376k-400k 5 37 6 1.2 0.8
401k-425k 9 35 5 0.6 1.5
426k-450k 14 41 9 0.5 2
451k-475k 13 45 4 0.6 1.7
476k-500k 10 61 12 1 1
501k-550k 31 119 30 0.6 1.6
551k-600k 41 120 28 0.5 2.1
601k-650k 46 109 17 0.4 2.5
651k-700k 58 121 25 0.3 2.9
701k-750k 49 107 18 0.4 2.7
751k-800k 47 90 18 0.3 3.1
801k-850k 35 65 20 0.3 3.2
851k-900k 30 72 16 0.4 2.5
901k-950k 19 39 7 0.3 2.9
951k-1m 15 33 7 0.4 2.7
1m-1.1m 13 24 7 0.3 3.3
1.1m-1.2m 17 25 5 0.2 4.1
1.2m-1.3m 11 35 10 0.5 1.9
1.3m-1.4m 12 20 5 0.3 3.6
1.4m-1.5m 8 12 2 0.3 4
1.5m-1.6m 3 7 0.4 2.6
1.6m-1.7m 10 6 2 0.1 10
1.7m-1.8m 5 4 1 0.1 7.5
1.8m-1.9m 4 1 0 24
1.9m-2m 3 4 0.2 4.5
2m-2.25m 5 4 1 0.1 7.5
2.25m-2.5m 5 5 0.2 6
2.5m-2.75m 4 1 1 0 24
2.75m-3m 6 0
3m-3.5m 3 1 0.1 18
3.5m-4m 6 1 0 36
5.01m-6m 1 0
7.01m-8m 1 0