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 28 5 0.4 2.6
126k-150k 22 59 4 0.4 2.2
151k-175k 43 92 23 0.4 2.8
176k-200k 73 86 11 0.2 5.1
201k-225k 86 109 15 0.2 4.7
226k-250k 112 117 23 0.2 5.7
251k-275k 120 114 18 0.2 6.3
276k-300k 133 122 22 0.2 6.5
301k-325k 82 100 10 0.2 4.9
326k-350k 112 103 9 0.2 6.5
351k-375k 85 79 14 0.2 6.5
376k-400k 94 103 16 0.2 5.5
401k-425k 73 81 11 0.2 5.4
426k-450k 66 76 5 0.2 5.2
451k-475k 40 49 7 0.2 4.9
476k-500k 64 75 7 0.2 5.1
501k-550k 78 131 13 0.3 3.6
551k-600k 80 121 12 0.3 4
601k-650k 53 113 13 0.4 2.8
651k-700k 41 111 7 0.5 2.2
701k-750k 43 84 5 0.3 3.1
751k-800k 21 88 8 0.7 1.4
801k-850k 28 75 6 0.4 2.2
851k-900k 32 72 6 0.4 2.7
901k-950k 28 38 2 0.2 4.4
951k-1m 20 48 8 0.4 2.5
1m-1.1m 27 62 3 0.4 2.6
1.1m-1.2m 27 58 8 0.4 2.8
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 13 20 2 0.3 3.9
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 32 4 0.3 3
2.5m-2.75m 21 9 0.1 14
2.75m-3m 12 14 0.2 5.1
3m-3.5m 15 19 0.2 4.7
3.5m-4m 18 11 2 0.1 9.8
4m-4.5m 9 9 2 0.2 6
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