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 25 67 14 0.4 2.2
151k-175k 47 75 14 0.3 3.8
176k-200k 68 91 21 0.2 4.5
201k-225k 80 114 12 0.2 4.2
226k-250k 123 110 19 0.1 6.7
251k-275k 120 122 14 0.2 5.9
276k-300k 160 129 17 0.1 7.4
301k-325k 96 101 12 0.2 5.7
326k-350k 122 112 24 0.2 6.5
351k-375k 98 93 19 0.2 6.3
376k-400k 125 100 10 0.1 7.5
401k-425k 68 76 12 0.2 5.4
426k-450k 80 82 16 0.2 5.9
451k-475k 52 57 6 0.2 5.5
476k-500k 80 79 8 0.2 6.1
501k-550k 99 138 21 0.2 4.3
551k-600k 96 131 15 0.2 4.4
601k-650k 71 119 21 0.3 3.6
651k-700k 53 132 24 0.4 2.4
701k-750k 40 86 14 0.4 2.8
751k-800k 48 80 14 0.3 3.6
801k-850k 31 77 13 0.4 2.4
851k-900k 42 84 7 0.3 3
901k-950k 35 49 3 0.2 4.3
951k-1m 23 43 5 0.3 3.2
1m-1.1m 38 68 11 0.3 3.4
1.1m-1.2m 44 57 6 0.2 4.6
1.2m-1.3m 23 57 6 0.4 2.4
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 7 16 2 0.4 2.6
1.9m-2m 17 12 2 0.1 8.5
2m-2.25m 24 27 3 0.2 5.3
2.25m-2.5m 21 32 7 0.3 3.9
2.5m-2.75m 23 11 2 0.1 12.5
2.75m-3m 17 17 3 0.2 6
3m-3.5m 23 19 3 0.1 7.3
3.5m-4m 19 12 0.1 9.5
4m-4.5m 17 5 1 0 20.4
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