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 23% 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 3 6 0.3 3
76k-100k 7 9 1 0.2 4.7
101k-125k 10 30 4 0.5 2
126k-150k 24 64 6 0.4 2.3
151k-175k 54 78 13 0.2 4.2
176k-200k 69 94 23 0.2 4.4
201k-225k 84 114 11 0.2 4.4
226k-250k 108 121 30 0.2 5.4
251k-275k 120 124 25 0.2 5.8
276k-300k 155 129 25 0.1 7.2
301k-325k 91 98 13 0.2 5.6
326k-350k 126 117 21 0.2 6.5
351k-375k 95 85 11 0.1 6.7
376k-400k 106 104 19 0.2 6.1
401k-425k 78 75 10 0.2 6.2
426k-450k 67 81 15 0.2 5
451k-475k 47 54 7 0.2 5.2
476k-500k 66 83 16 0.2 4.8
501k-550k 90 137 17 0.3 3.9
551k-600k 76 124 16 0.3 3.7
601k-650k 55 122 19 0.4 2.7
651k-700k 49 121 19 0.4 2.4
701k-750k 39 81 4 0.3 2.9
751k-800k 34 97 18 0.5 2.1
801k-850k 31 76 8 0.4 2.4
851k-900k 35 80 10 0.4 2.6
901k-950k 31 42 3 0.2 4.4
951k-1m 22 41 3 0.3 3.2
1m-1.1m 30 65 6 0.4 2.8
1.1m-1.2m 36 60 13 0.3 3.6
1.2m-1.3m 27 46 2 0.3 3.5
1.3m-1.4m 24 36 6 0.3 4
1.4m-1.5m 20 36 5 0.3 3.3
1.5m-1.6m 17 23 2 0.2 4.4
1.6m-1.7m 9 28 5 0.5 1.9
1.7m-1.8m 15 18 2 0.2 5
1.8m-1.9m 12 14 1 0.2 5.1
1.9m-2m 11 14 4 0.2 4.7
2m-2.25m 25 24 3 0.2 6.3
2.25m-2.5m 17 33 5 0.3 3.1
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 15 17 3 0.2 5.3
3m-3.5m 20 17 2 0.1 7.1
3.5m-4m 20 13 2 0.1 9.2
4m-4.5m 11 5 2 0.1 13.2
4.5m-5m 8 5 2 0.1 9.6
5.01m-6m 13 9 2 0.1 8.7
6.01m-7m 3 1 0.1 18
7.01m-8m 3 0
8.01m-9m 1 3 1 0.5 2
9.01m-10m 3 0
16.01m-17m 1 0
37.01m-38m 1 0