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 6 29 3 0.8 1.2
126k-150k 23 69 15 0.5 2
151k-175k 46 74 12 0.3 3.7
176k-200k 69 90 20 0.2 4.6
201k-225k 80 113 11 0.2 4.2
226k-250k 123 109 17 0.1 6.8
251k-275k 121 123 14 0.2 5.9
276k-300k 160 130 16 0.1 7.4
301k-325k 94 102 12 0.2 5.5
326k-350k 123 114 25 0.2 6.5
351k-375k 100 90 16 0.2 6.7
376k-400k 127 99 9 0.1 7.7
401k-425k 72 74 9 0.2 5.8
426k-450k 75 81 16 0.2 5.6
451k-475k 52 58 6 0.2 5.4
476k-500k 82 79 7 0.2 6.2
501k-550k 99 135 19 0.2 4.4
551k-600k 94 130 15 0.2 4.3
601k-650k 72 118 20 0.3 3.7
651k-700k 56 131 24 0.4 2.6
701k-750k 41 86 13 0.3 2.9
751k-800k 47 79 14 0.3 3.6
801k-850k 30 76 14 0.4 2.4
851k-900k 41 85 8 0.3 2.9
901k-950k 35 49 2 0.2 4.3
951k-1m 22 43 5 0.3 3.1
1m-1.1m 38 67 11 0.3 3.4
1.1m-1.2m 41 56 8 0.2 4.4
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 23 39 6 0.3 3.5
1.5m-1.6m 17 27 4 0.3 3.8
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 2 0.2 5.8
2.25m-2.5m 21 32 6 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 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