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 29 3 0.6 1.7
126k-150k 19 71 17 0.6 1.6
151k-175k 45 75 13 0.3 3.6
176k-200k 69 89 20 0.2 4.7
201k-225k 77 117 16 0.3 3.9
226k-250k 122 108 18 0.1 6.8
251k-275k 118 126 18 0.2 5.6
276k-300k 157 133 19 0.1 7.1
301k-325k 96 102 11 0.2 5.6
326k-350k 122 115 26 0.2 6.4
351k-375k 101 90 17 0.1 6.7
376k-400k 125 102 11 0.1 7.4
401k-425k 72 73 8 0.2 5.9
426k-450k 76 79 16 0.2 5.8
451k-475k 51 58 7 0.2 5.3
476k-500k 84 79 7 0.2 6.4
501k-550k 97 135 17 0.2 4.3
551k-600k 95 128 15 0.2 4.5
601k-650k 69 120 23 0.3 3.5
651k-700k 52 134 28 0.4 2.3
701k-750k 41 85 12 0.3 2.9
751k-800k 45 83 18 0.3 3.3
801k-850k 31 76 12 0.4 2.4
851k-900k 39 85 9 0.4 2.8
901k-950k 35 48 2 0.2 4.4
951k-1m 22 43 5 0.3 3.1
1m-1.1m 39 66 11 0.3 3.5
1.1m-1.2m 39 58 9 0.2 4
1.2m-1.3m 23 56 7 0.4 2.5
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 24 6 0.3 3.3
1.7m-1.8m 13 19 7 0.2 4.1
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 20 33 7 0.3 3.6
2.5m-2.75m 23 11 2 0.1 12.5
2.75m-3m 18 16 2 0.1 6.8
3m-3.5m 23 16 1 0.1 8.6
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 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