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 8 28 2 0.6 1.7
126k-150k 26 69 15 0.4 2.3
151k-175k 46 75 14 0.3 3.7
176k-200k 66 93 22 0.2 4.3
201k-225k 80 114 11 0.2 4.2
226k-250k 117 112 20 0.2 6.3
251k-275k 121 120 10 0.2 6.1
276k-300k 165 126 14 0.1 7.9
301k-325k 98 101 13 0.2 5.8
326k-350k 126 111 23 0.1 6.8
351k-375k 94 94 20 0.2 6
376k-400k 123 102 10 0.1 7.2
401k-425k 70 76 11 0.2 5.5
426k-450k 78 82 15 0.2 5.7
451k-475k 49 58 8 0.2 5.1
476k-500k 81 81 8 0.2 6
501k-550k 99 137 23 0.2 4.3
551k-600k 97 130 15 0.2 4.5
601k-650k 70 118 21 0.3 3.6
651k-700k 54 132 24 0.4 2.5
701k-750k 39 87 14 0.4 2.7
751k-800k 49 79 15 0.3 3.7
801k-850k 26 79 15 0.5 2
851k-900k 44 83 6 0.3 3.2
901k-950k 34 48 2 0.2 4.3
951k-1m 23 42 4 0.3 3.3
1m-1.1m 40 67 11 0.3 3.6
1.1m-1.2m 43 58 6 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 25 39 4 0.3 3.8
1.5m-1.6m 17 30 5 0.3 3.4
1.6m-1.7m 15 24 5 0.3 3.8
1.7m-1.8m 17 17 5 0.2 6
1.8m-1.9m 8 15 1 0.3 3.2
1.9m-2m 17 13 2 0.1 7.8
2m-2.25m 24 26 2 0.2 5.5
2.25m-2.5m 22 32 7 0.2 4.1
2.5m-2.75m 22 11 2 0.1 12
2.75m-3m 17 17 3 0.2 6
3m-3.5m 24 18 2 0.1 8
3.5m-4m 19 12 0.1 9.5
4m-4.5m 16 6 1 0.1 16
4.5m-5m 12 3 1 0 24
5.01m-6m 15 8 2 0.1 11.3
6.01m-7m 2 2 0.2 6
8.01m-9m 1 3 1 0.5 2
9.01m-10m 3 0
16.01m-17m 1 0
37.01m-38m 1 0