Absorption Report

Atlanta, Land, John Lewis Invictus Academy


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 43% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
76k-100k 1 1 1 0.2 6
101k-125k 3 1 0.5 0
126k-150k 5 1 0.8 0
151k-175k 3 6 0.3 3
176k-200k 1 5 2 0.8 1.2
201k-225k 4 21 4 0.9 1.1
226k-250k 4 19 3 0.8 1.3
251k-275k 5 31 5 1 1
276k-300k 5 28 5 0.9 1.1
301k-325k 12 48 6 0.7 1.5
326k-350k 10 54 9 0.9 1.1
351k-375k 12 21 2 0.3 3.4
376k-400k 11 25 10 0.4 2.6
401k-425k 10 28 6 0.5 2.1
426k-450k 12 18 4 0.3 4
451k-475k 6 10 1 0.3 3.6
476k-500k 14 13 6 0.2 6.5
501k-550k 8 17 2 0.4 2.8
551k-600k 7 9 5 0.2 4.7
601k-650k 12 16 1 0.2 4.5
651k-700k 3 9 4 0.5 2
701k-750k 3 2 0.1 9
751k-800k 1 2 1 0.3 3
801k-850k 1 2 0.3 3
851k-900k 1 4 1 0.7 1.5
901k-950k 1 0
951k-1m 1 1 0.2 6
1m-1.1m 1 1 1 0.2 6
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 1 0
1.7m-1.8m 1 0.2 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 1 0
2.75m-3m 1 0

Townhouses 54% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
151k-175k 1 0.2 0
176k-200k 1 0.2 0
201k-225k 2 4 0.3 3
226k-250k 8 2 1.3 0
251k-275k 2 4 0.3 3
276k-300k 1 4 1 0.7 1.5
301k-325k 1 1 0.2 6

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
226k-250k 1 2 0.3 3
251k-275k 1 0.2 0

Land 13% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
1k-25k 1 1 0.2 6
26k-50k 3 5 1 0.3 3.6
51k-75k 21 3 0 42
76k-100k 5 2 1 0.1 15
101k-125k 2 2 0.2 6
126k-150k 2 1 1 0.1 12
151k-175k 4 0
176k-200k 4 0
201k-225k 3 0
226k-250k 4 0
251k-275k 1 0
276k-300k 2 1 0.1 12
326k-350k 1 0
351k-375k 1 0
376k-400k 1 1 0.2 6
476k-500k 3 0
501k-550k 1 0
601k-650k 1 0
701k-750k 1 0
851k-900k 1 1 0.2 0
951k-1m 1 1 0.2 6
1m-1.1m 1 0
1.1m-1.2m 3 0
1.7m-1.8m 1 0
2m-2.25m 1 1 0.2 0
2.25m-2.5m 1 0
2.75m-3m 1 0
4m-4.5m 1 0
5.01m-6m 1 0.2 0