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 20% 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 5 12 3 0.4 2.5
101k-125k 12 29 5 0.4 2.5
126k-150k 22 59 4 0.4 2.2
151k-175k 44 91 22 0.3 2.9
176k-200k 73 87 11 0.2 5
201k-225k 86 110 16 0.2 4.7
226k-250k 112 118 24 0.2 5.7
251k-275k 120 115 18 0.2 6.3
276k-300k 132 124 22 0.2 6.4
301k-325k 80 101 11 0.2 4.8
326k-350k 113 105 10 0.2 6.5
351k-375k 85 81 14 0.2 6.3
376k-400k 94 103 16 0.2 5.5
401k-425k 73 83 11 0.2 5.3
426k-450k 66 76 6 0.2 5.2
451k-475k 39 50 8 0.2 4.7
476k-500k 63 76 9 0.2 5
501k-550k 79 131 16 0.3 3.6
551k-600k 79 121 12 0.3 3.9
601k-650k 53 113 15 0.4 2.8
651k-700k 41 112 9 0.5 2.2
701k-750k 43 85 6 0.3 3
751k-800k 21 88 9 0.7 1.4
801k-850k 28 75 7 0.4 2.2
851k-900k 32 73 6 0.4 2.6
901k-950k 28 38 2 0.2 4.4
951k-1m 20 48 8 0.4 2.5
1m-1.1m 27 62 4 0.4 2.6
1.1m-1.2m 28 57 9 0.3 2.9
1.2m-1.3m 27 47 2 0.3 3.4
1.3m-1.4m 19 33 3 0.3 3.5
1.4m-1.5m 16 35 5 0.4 2.7
1.5m-1.6m 16 24 2 0.3 4
1.6m-1.7m 10 26 1 0.4 2.3
1.7m-1.8m 12 20 2 0.3 3.6
1.8m-1.9m 6 16 3 0.4 2.3
1.9m-2m 6 12 0.3 3
2m-2.25m 18 24 2 0.2 4.5
2.25m-2.5m 16 33 4 0.3 2.9
2.5m-2.75m 21 9 0.1 14
2.75m-3m 12 14 1 0.2 5.1
3m-3.5m 15 19 0.2 4.7
3.5m-4m 17 11 2 0.1 9.3
4m-4.5m 8 9 3 0.2 5.3
4.5m-5m 7 3 0.1 14
5.01m-6m 13 9 0.1 8.7
6.01m-7m 3 1 0.1 18
7.01m-8m 2 1 0.1 12
8.01m-9m 1 2 0.3 3
9.01m-10m 2 0
16.01m-17m 1 0
37.01m-38m 1 0