Absorption Report

Atlanta, GA, House

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 21% 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 2 8 2 0.7 1.5
76k-100k 4 9 4 0.4 2.7
101k-125k 8 31 2 0.6 1.5
126k-150k 26 69 16 0.4 2.3
151k-175k 46 75 15 0.3 3.7
176k-200k 66 93 22 0.2 4.3
201k-225k 80 116 13 0.2 4.1
226k-250k 117 112 20 0.2 6.3
251k-275k 121 120 10 0.2 6.1
276k-300k 164 126 15 0.1 7.8
301k-325k 99 101 13 0.2 5.9
326k-350k 125 112 23 0.1 6.7
351k-375k 93 95 22 0.2 5.9
376k-400k 122 103 10 0.1 7.1
401k-425k 70 76 11 0.2 5.5
426k-450k 78 80 14 0.2 5.9
451k-475k 49 59 8 0.2 5
476k-500k 81 81 8 0.2 6
501k-550k 99 136 23 0.2 4.4
551k-600k 97 131 15 0.2 4.4
601k-650k 68 120 21 0.3 3.4
651k-700k 56 132 26 0.4 2.5
701k-750k 39 89 14 0.4 2.6
751k-800k 49 79 16 0.3 3.7
801k-850k 26 80 15 0.5 2
851k-900k 45 84 6 0.3 3.2
901k-950k 34 49 3 0.2 4.2
951k-1m 23 42 5 0.3 3.3
1m-1.1m 41 67 11 0.3 3.7
1.1m-1.2m 44 56 4 0.2 4.7
1.2m-1.3m 24 57 6 0.4 2.5
1.3m-1.4m 19 41 10 0.4 2.8
1.4m-1.5m 25 40 4 0.3 3.8
1.5m-1.6m 17 30 6 0.3 3.4
1.6m-1.7m 15 24 5 0.3 3.8
1.7m-1.8m 17 18 5 0.2 5.7
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 27 3 0.2 5.3
2.25m-2.5m 22 32 7 0.2 4.1
2.5m-2.75m 22 11 2 0.1 12
2.75m-3m 18 16 2 0.1 6.8
3m-3.5m 24 18 2 0.1 8
3.5m-4m 19 12 0.1 9.5
4m-4.5m 16 6 1 0.1 16
4.5m-5m 12 3 1 0 24
5.01m-6m 16 7 1 0.1 13.7
6.01m-7m 2 2 0.2 6
8.01m-9m 1 3 1 0.5 2
9.01m-10m 3 0
16.01m-17m 1 0
37.01m-38m 1 0