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 30 3 0.7 1.4
126k-150k 26 68 15 0.4 2.3
151k-175k 46 75 14 0.3 3.7
176k-200k 67 92 22 0.2 4.4
201k-225k 79 115 11 0.2 4.1
226k-250k 120 112 20 0.2 6.4
251k-275k 122 123 13 0.2 6
276k-300k 162 128 16 0.1 7.6
301k-325k 99 100 13 0.2 5.9
326k-350k 124 112 24 0.2 6.6
351k-375k 97 95 20 0.2 6.1
376k-400k 122 101 10 0.1 7.2
401k-425k 69 77 12 0.2 5.4
426k-450k 80 82 16 0.2 5.9
451k-475k 48 58 7 0.2 5
476k-500k 80 80 8 0.2 6
501k-550k 99 138 23 0.2 4.3
551k-600k 96 132 17 0.2 4.4
601k-650k 69 119 21 0.3 3.5
651k-700k 54 132 24 0.4 2.5
701k-750k 40 88 15 0.4 2.7
751k-800k 48 80 16 0.3 3.6
801k-850k 27 79 15 0.5 2.1
851k-900k 44 84 7 0.3 3.1
901k-950k 34 49 3 0.2 4.2
951k-1m 22 43 5 0.3 3.1
1m-1.1m 39 68 12 0.3 3.4
1.1m-1.2m 44 58 6 0.2 4.6
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 24 40 5 0.3 3.6
1.5m-1.6m 17 29 4 0.3 3.5
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 23 27 3 0.2 5.1
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 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