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 4 6 0.3 4
76k-100k 6 10 1 0.3 3.6
101k-125k 9 31 4 0.6 1.7
126k-150k 27 65 4 0.4 2.5
151k-175k 60 77 12 0.2 4.7
176k-200k 71 93 20 0.2 4.6
201k-225k 90 109 11 0.2 5
226k-250k 104 122 28 0.2 5.1
251k-275k 127 113 20 0.1 6.7
276k-300k 150 128 24 0.1 7
301k-325k 87 100 14 0.2 5.2
326k-350k 130 114 17 0.1 6.8
351k-375k 96 77 10 0.1 7.5
376k-400k 106 100 18 0.2 6.4
401k-425k 77 76 11 0.2 6.1
426k-450k 72 77 11 0.2 5.6
451k-475k 46 53 8 0.2 5.2
476k-500k 70 81 16 0.2 5.2
501k-550k 92 133 11 0.2 4.2
551k-600k 80 119 12 0.2 4
601k-650k 52 124 18 0.4 2.5
651k-700k 47 123 18 0.4 2.3
701k-750k 45 81 3 0.3 3.3
751k-800k 29 95 16 0.5 1.8
801k-850k 34 73 6 0.4 2.8
851k-900k 35 76 8 0.4 2.8
901k-950k 31 41 1 0.2 4.5
951k-1m 25 42 1 0.3 3.6
1m-1.1m 28 67 7 0.4 2.5
1.1m-1.2m 33 60 11 0.3 3.3
1.2m-1.3m 27 48 3 0.3 3.4
1.3m-1.4m 22 37 5 0.3 3.6
1.4m-1.5m 18 36 4 0.3 3
1.5m-1.6m 17 23 2 0.2 4.4
1.6m-1.7m 10 27 3 0.5 2.2
1.7m-1.8m 15 18 1 0.2 5
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 11 14 3 0.2 4.7
2m-2.25m 22 23 3 0.2 5.7
2.25m-2.5m 16 33 4 0.3 2.9
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 14 17 2 0.2 4.9
3m-3.5m 20 17 2 0.1 7.1
3.5m-4m 20 12 2 0.1 10
4m-4.5m 11 5 2 0.1 13.2
4.5m-5m 9 5 2 0.1 10.8
5.01m-6m 12 9 2 0.1 8
6.01m-7m 3 1 0.1 18
7.01m-8m 3 0
8.01m-9m 1 3 0.5 2
9.01m-10m 2 0
16.01m-17m 1 0
37.01m-38m 1 0