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 6 1 0.5 2
76k-100k 5 9 3 0.3 3.3
101k-125k 7 29 2 0.7 1.4
126k-150k 20 68 17 0.6 1.8
151k-175k 46 73 7 0.3 3.8
176k-200k 68 93 22 0.2 4.4
201k-225k 78 121 19 0.3 3.9
226k-250k 126 108 16 0.1 7
251k-275k 121 123 16 0.2 5.9
276k-300k 153 134 23 0.1 6.9
301k-325k 94 103 11 0.2 5.5
326k-350k 130 116 25 0.1 6.7
351k-375k 100 90 15 0.2 6.7
376k-400k 125 101 11 0.1 7.4
401k-425k 71 73 9 0.2 5.8
426k-450k 74 81 17 0.2 5.5
451k-475k 54 54 5 0.2 6
476k-500k 84 78 7 0.2 6.5
501k-550k 93 136 16 0.2 4.1
551k-600k 96 126 11 0.2 4.6
601k-650k 65 120 16 0.3 3.3
651k-700k 49 132 25 0.4 2.2
701k-750k 43 82 12 0.3 3.1
751k-800k 41 88 21 0.4 2.8
801k-850k 30 74 8 0.4 2.4
851k-900k 39 83 8 0.4 2.8
901k-950k 35 48 2 0.2 4.4
951k-1m 23 43 6 0.3 3.2
1m-1.1m 38 64 6 0.3 3.6
1.1m-1.2m 39 58 9 0.2 4
1.2m-1.3m 23 57 8 0.4 2.4
1.3m-1.4m 20 40 10 0.3 3
1.4m-1.5m 25 35 3 0.2 4.3
1.5m-1.6m 16 27 3 0.3 3.6
1.6m-1.7m 11 27 6 0.4 2.4
1.7m-1.8m 14 18 4 0.2 4.7
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 18 12 1 0.1 9
2m-2.25m 23 25 1 0.2 5.5
2.25m-2.5m 19 32 6 0.3 3.6
2.5m-2.75m 23 11 3 0.1 12.5
2.75m-3m 17 17 2 0.2 6
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 17 8 3 0.1 12.8
6.01m-7m 2 2 0.2 6
7.01m-8m 2 0
8.01m-9m 4 1 0.7 0
9.01m-10m 3 0
16.01m-17m 1 0
37.01m-38m 1 0