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 23 69 16 0.5 2
151k-175k 45 75 14 0.3 3.6
176k-200k 71 91 21 0.2 4.7
201k-225k 80 113 11 0.2 4.2
226k-250k 123 110 19 0.1 6.7
251k-275k 122 123 15 0.2 6
276k-300k 159 130 18 0.1 7.3
301k-325k 96 101 12 0.2 5.7
326k-350k 123 114 26 0.2 6.5
351k-375k 99 93 19 0.2 6.4
376k-400k 127 99 9 0.1 7.7
401k-425k 70 75 11 0.2 5.6
426k-450k 78 83 17 0.2 5.6
451k-475k 53 57 6 0.2 5.6
476k-500k 82 79 8 0.2 6.2
501k-550k 99 138 21 0.2 4.3
551k-600k 96 131 15 0.2 4.4
601k-650k 72 118 20 0.3 3.7
651k-700k 55 132 24 0.4 2.5
701k-750k 41 86 14 0.3 2.9
751k-800k 48 80 14 0.3 3.6
801k-850k 31 77 13 0.4 2.4
851k-900k 41 85 8 0.3 2.9
901k-950k 36 49 3 0.2 4.4
951k-1m 22 43 5 0.3 3.1
1m-1.1m 38 68 11 0.3 3.4
1.1m-1.2m 41 60 9 0.2 4.1
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 18 17 3 0.2 6.4
3m-3.5m 23 18 2 0.1 7.7
3.5m-4m 20 12 0.1 10
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