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 6 1 0.5 2
76k-100k 5 9 3 0.3 3.3
101k-125k 7 29 2 0.7 1.4
126k-150k 20 68 16 0.6 1.8
151k-175k 43 73 7 0.3 3.5
176k-200k 66 92 18 0.2 4.3
201k-225k 74 121 19 0.3 3.7
226k-250k 124 108 16 0.1 6.9
251k-275k 115 121 16 0.2 5.7
276k-300k 146 131 23 0.1 6.7
301k-325k 91 103 11 0.2 5.3
326k-350k 123 115 24 0.2 6.4
351k-375k 94 89 13 0.2 6.3
376k-400k 122 101 12 0.1 7.2
401k-425k 68 73 9 0.2 5.6
426k-450k 72 78 16 0.2 5.5
451k-475k 52 54 5 0.2 5.8
476k-500k 77 77 7 0.2 6
501k-550k 90 135 16 0.3 4
551k-600k 92 122 10 0.2 4.5
601k-650k 62 118 16 0.3 3.2
651k-700k 46 130 24 0.5 2.1
701k-750k 41 82 10 0.3 3
751k-800k 42 87 20 0.3 2.9
801k-850k 29 73 8 0.4 2.4
851k-900k 35 82 8 0.4 2.6
901k-950k 33 47 2 0.2 4.2
951k-1m 22 43 6 0.3 3.1
1m-1.1m 38 64 4 0.3 3.6
1.1m-1.2m 39 58 9 0.2 4
1.2m-1.3m 23 54 5 0.4 2.6
1.3m-1.4m 20 40 8 0.3 3
1.4m-1.5m 25 35 3 0.2 4.3
1.5m-1.6m 14 25 3 0.3 3.4
1.6m-1.7m 11 27 6 0.4 2.4
1.7m-1.8m 14 18 4 0.2 4.7
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 16 13 2 0.1 7.4
2m-2.25m 23 24 1 0.2 5.8
2.25m-2.5m 19 31 6 0.3 3.7
2.5m-2.75m 23 11 1 0.1 12.5
2.75m-3m 16 17 2 0.2 5.6
3m-3.5m 23 16 1 0.1 8.6
3.5m-4m 20 13 0.1 9.2
4m-4.5m 16 5 2 0.1 19.2
4.5m-5m 11 4 1 0.1 16.5
5.01m-6m 17 8 3 0.1 12.8
6.01m-7m 2 2 0.2 6
7.01m-8m 2 0
8.01m-9m 4 1 0.7 0
9.01m-10m 3 0
16.01m-17m 1 0
37.01m-38m 1 0