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 1 0.7 1.5
76k-100k 4 9 4 0.4 2.7
101k-125k 7 29 3 0.7 1.4
126k-150k 23 69 16 0.5 2
151k-175k 45 75 12 0.3 3.6
176k-200k 71 90 21 0.2 4.7
201k-225k 80 113 11 0.2 4.2
226k-250k 123 109 19 0.1 6.8
251k-275k 122 122 15 0.2 6
276k-300k 159 130 16 0.1 7.3
301k-325k 95 101 12 0.2 5.6
326k-350k 123 114 26 0.2 6.5
351k-375k 99 92 17 0.2 6.5
376k-400k 125 100 9 0.1 7.5
401k-425k 72 74 11 0.2 5.8
426k-450k 76 82 16 0.2 5.6
451k-475k 53 57 5 0.2 5.6
476k-500k 82 79 7 0.2 6.2
501k-550k 99 136 20 0.2 4.4
551k-600k 95 131 15 0.2 4.4
601k-650k 71 118 20 0.3 3.6
651k-700k 55 132 24 0.4 2.5
701k-750k 41 86 14 0.3 2.9
751k-800k 48 79 14 0.3 3.6
801k-850k 30 78 14 0.4 2.3
851k-900k 41 85 8 0.3 2.9
901k-950k 36 49 2 0.2 4.4
951k-1m 22 43 5 0.3 3.1
1m-1.1m 38 67 11 0.3 3.4
1.1m-1.2m 41 58 9 0.2 4.2
1.2m-1.3m 24 57 6 0.4 2.5
1.3m-1.4m 20 40 10 0.3 3
1.4m-1.5m 24 39 5 0.3 3.7
1.5m-1.6m 17 29 4 0.3 3.5
1.6m-1.7m 15 24 5 0.3 3.8
1.7m-1.8m 17 16 5 0.2 6.4
1.8m-1.9m 7 16 2 0.4 2.6
1.9m-2m 17 12 2 0.1 8.5
2m-2.25m 24 25 3 0.2 5.8
2.25m-2.5m 21 32 7 0.3 3.9
2.5m-2.75m 23 11 2 0.1 12.5
2.75m-3m 18 17 3 0.2 6.4
3m-3.5m 23 17 1 0.1 8.1
3.5m-4m 20 12 0.1 10
4m-4.5m 17 5 1 0 20.4
4.5m-5m 12 3 1 0 24
5.01m-6m 16 7 2 0.1 13.7
6.01m-7m 2 2 0.2 6
7.01m-8m 1 0
8.01m-9m 4 2 0.7 0
9.01m-10m 3 0
16.01m-17m 1 0
37.01m-38m 1 0