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 7 1 0.6 1.7
76k-100k 5 9 4 0.3 3.3
101k-125k 8 29 3 0.6 1.7
126k-150k 20 71 17 0.6 1.7
151k-175k 46 74 13 0.3 3.7
176k-200k 67 90 21 0.2 4.5
201k-225k 77 121 18 0.3 3.8
226k-250k 124 108 17 0.1 6.9
251k-275k 119 125 18 0.2 5.7
276k-300k 155 133 23 0.1 7
301k-325k 96 104 12 0.2 5.5
326k-350k 125 116 27 0.2 6.5
351k-375k 99 91 17 0.2 6.5
376k-400k 125 102 11 0.1 7.4
401k-425k 72 74 9 0.2 5.8
426k-450k 75 80 17 0.2 5.6
451k-475k 51 58 6 0.2 5.3
476k-500k 84 78 7 0.2 6.5
501k-550k 95 138 20 0.2 4.1
551k-600k 97 127 12 0.2 4.6
601k-650k 67 120 19 0.3 3.4
651k-700k 50 134 27 0.4 2.2
701k-750k 41 84 12 0.3 2.9
751k-800k 41 87 21 0.4 2.8
801k-850k 31 73 9 0.4 2.5
851k-900k 38 86 11 0.4 2.7
901k-950k 35 48 2 0.2 4.4
951k-1m 22 43 5 0.3 3.1
1m-1.1m 39 65 9 0.3 3.6
1.1m-1.2m 40 56 7 0.2 4.3
1.2m-1.3m 24 57 8 0.4 2.5
1.3m-1.4m 19 42 12 0.4 2.7
1.4m-1.5m 23 36 5 0.3 3.8
1.5m-1.6m 16 27 4 0.3 3.6
1.6m-1.7m 14 26 6 0.3 3.2
1.7m-1.8m 14 18 5 0.2 4.7
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 8 3 0.1 12
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