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 0.2 0
51k-75k 1 6 1 1
76k-100k 6 12 3 0.3 3
101k-125k 12 28 5 0.4 2.6
126k-150k 21 60 5 0.5 2.1
151k-175k 41 94 25 0.4 2.6
176k-200k 71 88 14 0.2 4.8
201k-225k 87 109 15 0.2 4.8
226k-250k 110 120 26 0.2 5.5
251k-275k 123 114 18 0.2 6.5
276k-300k 133 123 23 0.2 6.5
301k-325k 82 100 11 0.2 4.9
326k-350k 110 106 11 0.2 6.2
351k-375k 84 81 16 0.2 6.2
376k-400k 93 103 16 0.2 5.4
401k-425k 76 81 11 0.2 5.6
426k-450k 68 78 7 0.2 5.2
451k-475k 42 49 7 0.2 5.1
476k-500k 66 75 7 0.2 5.3
501k-550k 79 133 15 0.3 3.6
551k-600k 81 121 12 0.2 4
601k-650k 55 114 14 0.3 2.9
651k-700k 43 111 7 0.4 2.3
701k-750k 43 85 5 0.3 3
751k-800k 23 87 8 0.6 1.6
801k-850k 29 75 6 0.4 2.3
851k-900k 31 73 7 0.4 2.5
901k-950k 28 38 2 0.2 4.4
951k-1m 19 49 9 0.4 2.3
1m-1.1m 29 63 4 0.4 2.8
1.1m-1.2m 27 57 7 0.4 2.8
1.2m-1.3m 27 47 2 0.3 3.4
1.3m-1.4m 19 32 3 0.3 3.6
1.4m-1.5m 16 35 5 0.4 2.7
1.5m-1.6m 17 24 2 0.2 4.3
1.6m-1.7m 10 26 1 0.4 2.3
1.7m-1.8m 12 20 2 0.3 3.6
1.8m-1.9m 7 16 3 0.4 2.6
1.9m-2m 4 12 0.5 2
2m-2.25m 18 24 2 0.2 4.5
2.25m-2.5m 17 32 4 0.3 3.2
2.5m-2.75m 22 10 0.1 13.2
2.75m-3m 11 13 0.2 5.1
3m-3.5m 16 19 0.2 5.1
3.5m-4m 18 12 2 0.1 9
4m-4.5m 9 8 2 0.1 6.8
4.5m-5m 7 3 0.1 14
5.01m-6m 13 9 0.1 8.7
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