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 24% 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 0.2 0
51k-75k 1 6 1 1
76k-100k 7 11 2 0.3 3.8
101k-125k 11 30 5 0.5 2.2
126k-150k 23 61 4 0.4 2.3
151k-175k 40 87 23 0.4 2.8
176k-200k 72 86 14 0.2 5
201k-225k 83 110 16 0.2 4.5
226k-250k 112 118 22 0.2 5.7
251k-275k 111 113 21 0.2 5.9
276k-300k 142 118 19 0.1 7.2
301k-325k 74 99 10 0.2 4.5
326k-350k 112 108 10 0.2 6.2
351k-375k 83 78 14 0.2 6.4
376k-400k 90 101 12 0.2 5.3
401k-425k 67 81 13 0.2 5
426k-450k 70 75 6 0.2 5.6
451k-475k 40 48 5 0.2 5
476k-500k 65 76 8 0.2 5.1
501k-550k 77 128 12 0.3 3.6
551k-600k 79 116 10 0.2 4.1
601k-650k 48 114 16 0.4 2.5
651k-700k 42 115 12 0.5 2.2
701k-750k 40 80 3 0.3 3
751k-800k 22 95 15 0.7 1.4
801k-850k 31 72 4 0.4 2.6
851k-900k 29 74 10 0.4 2.4
901k-950k 29 39 1 0.2 4.5
951k-1m 21 46 6 0.4 2.7
1m-1.1m 22 61 5 0.5 2.2
1.1m-1.2m 27 59 11 0.4 2.7
1.2m-1.3m 25 47 4 0.3 3.2
1.3m-1.4m 18 33 5 0.3 3.3
1.4m-1.5m 16 34 4 0.4 2.8
1.5m-1.6m 15 25 2 0.3 3.6
1.6m-1.7m 10 26 1 0.4 2.3
1.7m-1.8m 11 19 2 0.3 3.5
1.8m-1.9m 9 16 2 0.3 3.4
1.9m-2m 7 14 1 0.3 3
2m-2.25m 17 23 2 0.2 4.4
2.25m-2.5m 13 34 4 0.4 2.3
2.5m-2.75m 19 8 0.1 14.3
2.75m-3m 12 16 1 0.2 4.5
3m-3.5m 17 18 0.2 5.7
3.5m-4m 17 10 0.1 10.2
4m-4.5m 10 6 1 0.1 10
4.5m-5m 6 5 0.1 7.2
5.01m-6m 11 9 0.1 7.3
6.01m-7m 3 1 0.1 18
7.01m-8m 2 0
8.01m-9m 1 3 0.5 2
9.01m-10m 2 0
16.01m-17m 1 0
37.01m-38m 1 0