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 1 0.2 0
51k-75k 2 7 1 0.6 1.7
76k-100k 5 9 4 0.3 3.3
101k-125k 8 29 3 0.6 1.7
126k-150k 20 71 18 0.6 1.7
151k-175k 46 74 13 0.3 3.7
176k-200k 67 91 22 0.2 4.4
201k-225k 79 122 18 0.3 3.9
226k-250k 126 105 15 0.1 7.2
251k-275k 120 126 19 0.2 5.7
276k-300k 158 133 23 0.1 7.1
301k-325k 94 105 13 0.2 5.4
326k-350k 127 117 27 0.2 6.5
351k-375k 97 92 18 0.2 6.3
376k-400k 125 103 12 0.1 7.3
401k-425k 71 74 9 0.2 5.8
426k-450k 75 81 19 0.2 5.6
451k-475k 52 56 5 0.2 5.6
476k-500k 83 79 8 0.2 6.3
501k-550k 96 138 20 0.2 4.2
551k-600k 96 129 13 0.2 4.5
601k-650k 66 120 19 0.3 3.3
651k-700k 49 135 28 0.5 2.2
701k-750k 41 85 13 0.3 2.9
751k-800k 40 87 21 0.4 2.8
801k-850k 32 73 9 0.4 2.6
851k-900k 39 86 11 0.4 2.7
901k-950k 35 47 1 0.2 4.5
951k-1m 23 44 6 0.3 3.1
1m-1.1m 38 64 8 0.3 3.6
1.1m-1.2m 40 57 8 0.2 4.2
1.2m-1.3m 24 57 8 0.4 2.5
1.3m-1.4m 19 42 12 0.4 2.7
1.4m-1.5m 24 35 4 0.2 4.1
1.5m-1.6m 16 27 4 0.3 3.6
1.6m-1.7m 12 27 7 0.4 2.7
1.7m-1.8m 14 18 5 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 1 0.2 5.8
2.25m-2.5m 19 33 7 0.3 3.5
2.5m-2.75m 23 12 3 0.1 11.5
2.75m-3m 17 17 3 0.2 6
3m-3.5m 22 16 1 0.1 8.3
3.5m-4m 20 13 0.1 9.2
4m-4.5m 16 5 2 0.1 19.2
4.5m-5m 11 4 1 0.1 16.5
5.01m-6m 16 8 3 0.1 12
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