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 15 0.5 2
151k-175k 45 75 13 0.3 3.6
176k-200k 69 90 20 0.2 4.6
201k-225k 79 114 13 0.2 4.2
226k-250k 123 109 17 0.1 6.8
251k-275k 120 126 17 0.2 5.7
276k-300k 158 131 17 0.1 7.2
301k-325k 96 101 11 0.2 5.7
326k-350k 121 115 26 0.2 6.3
351k-375k 101 91 17 0.2 6.7
376k-400k 125 100 10 0.1 7.5
401k-425k 72 73 8 0.2 5.9
426k-450k 75 81 16 0.2 5.6
451k-475k 51 59 7 0.2 5.2
476k-500k 83 79 7 0.2 6.3
501k-550k 98 136 19 0.2 4.3
551k-600k 94 129 16 0.2 4.4
601k-650k 69 122 23 0.3 3.4
651k-700k 56 131 24 0.4 2.6
701k-750k 41 85 13 0.3 2.9
751k-800k 45 82 17 0.3 3.3
801k-850k 30 75 13 0.4 2.4
851k-900k 40 86 9 0.4 2.8
901k-950k 35 49 2 0.2 4.3
951k-1m 22 43 5 0.3 3.1
1m-1.1m 39 67 11 0.3 3.5
1.1m-1.2m 38 57 9 0.3 4
1.2m-1.3m 23 58 7 0.4 2.4
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 16 28 5 0.3 3.4
1.6m-1.7m 13 25 6 0.3 3.1
1.7m-1.8m 14 18 6 0.2 4.7
1.8m-1.9m 8 16 2 0.3 3
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 16 6 2 0.1 16
4.5m-5m 11 4 1 0.1 16.5
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