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 22% 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 6 12 3 0.3 3
101k-125k 12 29 5 0.4 2.5
126k-150k 21 60 4 0.5 2.1
151k-175k 44 90 22 0.3 2.9
176k-200k 71 87 11 0.2 4.9
201k-225k 85 110 16 0.2 4.6
226k-250k 115 114 20 0.2 6.1
251k-275k 118 112 16 0.2 6.3
276k-300k 140 122 18 0.1 6.9
301k-325k 78 101 12 0.2 4.6
326k-350k 111 108 9 0.2 6.2
351k-375k 84 80 16 0.2 6.3
376k-400k 90 103 15 0.2 5.2
401k-425k 69 83 11 0.2 5
426k-450k 66 75 5 0.2 5.3
451k-475k 38 50 7 0.2 4.6
476k-500k 65 75 9 0.2 5.2
501k-550k 77 131 15 0.3 3.5
551k-600k 82 120 10 0.2 4.1
601k-650k 51 113 16 0.4 2.7
651k-700k 45 113 9 0.4 2.4
701k-750k 42 83 4 0.3 3
751k-800k 22 93 12 0.7 1.4
801k-850k 28 72 6 0.4 2.3
851k-900k 31 73 6 0.4 2.5
901k-950k 28 38 2 0.2 4.4
951k-1m 21 47 7 0.4 2.7
1m-1.1m 25 62 4 0.4 2.4
1.1m-1.2m 27 57 10 0.4 2.8
1.2m-1.3m 26 46 3 0.3 3.4
1.3m-1.4m 18 34 4 0.3 3.2
1.4m-1.5m 15 34 5 0.4 2.6
1.5m-1.6m 16 24 2 0.3 4
1.6m-1.7m 10 25 1 0.4 2.4
1.7m-1.8m 13 20 1 0.3 3.9
1.8m-1.9m 8 15 2 0.3 3.2
1.9m-2m 6 13 1 0.4 2.8
2m-2.25m 16 23 1 0.2 4.2
2.25m-2.5m 16 32 3 0.3 3
2.5m-2.75m 20 9 0.1 13.3
2.75m-3m 12 15 1 0.2 4.8
3m-3.5m 15 19 0.2 4.7
3.5m-4m 16 10 1 0.1 9.6
4m-4.5m 8 9 3 0.2 5.3
4.5m-5m 7 3 0.1 14
5.01m-6m 12 9 0.1 8
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