Absorption Report

Atlanta, GA

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 1 8 1 1.3 0.8
76k-100k 3 9 4 0.5 2
101k-125k 8 29 3 0.6 1.7
126k-150k 21 70 17 0.6 1.8
151k-175k 45 73 12 0.3 3.7
176k-200k 69 90 20 0.2 4.6
201k-225k 77 116 15 0.3 4
226k-250k 123 108 16 0.1 6.8
251k-275k 115 126 17 0.2 5.5
276k-300k 156 131 17 0.1 7.1
301k-325k 96 101 11 0.2 5.7
326k-350k 120 115 26 0.2 6.3
351k-375k 98 90 17 0.2 6.5
376k-400k 125 100 10 0.1 7.5
401k-425k 71 73 8 0.2 5.8
426k-450k 75 81 16 0.2 5.6
451k-475k 51 59 7 0.2 5.2
476k-500k 79 79 7 0.2 6
501k-550k 99 135 19 0.2 4.4
551k-600k 94 129 16 0.2 4.4
601k-650k 68 122 23 0.3 3.3
651k-700k 54 130 24 0.4 2.5
701k-750k 40 85 13 0.4 2.8
751k-800k 42 83 18 0.3 3
801k-850k 30 71 12 0.4 2.5
851k-900k 35 85 9 0.4 2.5
901k-950k 35 49 2 0.2 4.3
951k-1m 21 43 5 0.3 2.9
1m-1.1m 38 67 11 0.3 3.4
1.1m-1.2m 38 56 8 0.2 4.1
1.2m-1.3m 23 58 7 0.4 2.4
1.3m-1.4m 19 40 10 0.4 2.9
1.4m-1.5m 22 38 6 0.3 3.5
1.5m-1.6m 14 28 5 0.3 3
1.6m-1.7m 12 25 6 0.3 2.9
1.7m-1.8m 12 19 7 0.3 3.8
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 2 0.2 5.8
2.25m-2.5m 21 32 6 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 17 1 0.1 8.1
3.5m-4m 20 11 0.1 10.9
4m-4.5m 16 6 2 0.1 16
4.5m-5m 10 4 1 0.1 15
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 2 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 19% 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
51k-75k 1 1 0.2 6
101k-125k 2 3 1 0.3 4
126k-150k 4 5 1 0.2 4.8
151k-175k 5 4 0.1 7.5
176k-200k 18 8 1 0.1 13.5
201k-225k 19 20 4 0.2 5.7
226k-250k 32 28 3 0.1 6.9
251k-275k 21 22 4 0.2 5.7
276k-300k 28 42 5 0.3 4
301k-325k 11 18 2 0.3 3.7
326k-350k 26 35 4 0.2 4.5
351k-375k 17 25 2 0.2 4.1
376k-400k 45 48 10 0.2 5.6
401k-425k 26 31 1 0.2 5
426k-450k 32 40 3 0.2 4.8
451k-475k 27 51 5 0.3 3.2
476k-500k 25 40 7 0.3 3.8
501k-550k 40 71 11 0.3 3.4
551k-600k 61 52 6 0.1 7
601k-650k 38 53 9 0.2 4.3
651k-700k 29 39 8 0.2 4.5
701k-750k 32 28 4 0.1 6.9
751k-800k 30 22 1 0.1 8.2
801k-850k 15 12 3 0.1 7.5
851k-900k 25 12 4 0.1 12.5
901k-950k 9 3 1 0.1 18
951k-1m 6 7 0.2 5.1
1m-1.1m 14 6 1 0.1 14
1.1m-1.2m 8 9 1 0.2 5.3
1.2m-1.3m 9 6 1 0.1 9
1.3m-1.4m 1 6 1 1 1
1.4m-1.5m 2 3 0.3 4
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 2 1 0.1 12
2.25m-2.5m 2 0.3 0
2.5m-2.75m 1 0.2 0
2.75m-3m 1 0
3.5m-4m 1 0
6.01m-7m 1 0

Condos 13% 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
1k-25k 1 0.2 0
26k-50k 4 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 12 4 0.1 18
126k-150k 10 24 8 0.4 2.5
151k-175k 34 37 5 0.2 5.5
176k-200k 87 67 8 0.1 7.8
201k-225k 116 89 13 0.1 7.8
226k-250k 116 124 20 0.2 5.6
251k-275k 120 104 13 0.1 6.9
276k-300k 130 129 26 0.2 6
301k-325k 83 109 10 0.2 4.6
326k-350k 88 102 7 0.2 5.2
351k-375k 55 52 7 0.2 6.3
376k-400k 70 75 9 0.2 5.6
401k-425k 38 55 8 0.2 4.1
426k-450k 33 33 5 0.2 6
451k-475k 26 36 4 0.2 4.3
476k-500k 43 35 5 0.1 7.4
501k-550k 58 35 7 0.1 9.9
551k-600k 28 31 4 0.2 5.4
601k-650k 22 29 2 0.2 4.6
651k-700k 25 19 2 0.1 7.9
701k-750k 16 9 1 0.1 10.7
751k-800k 11 8 3 0.1 8.3
801k-850k 12 11 1 0.2 6.5
851k-900k 10 7 0.1 8.6
901k-950k 3 4 1 0.2 4.5
951k-1m 5 4 0.1 7.5
1m-1.1m 10 3 0.1 20
1.1m-1.2m 13 0
1.2m-1.3m 8 8 2 0.2 6
1.3m-1.4m 8 1 1 0 48
1.4m-1.5m 10 5 0.1 12
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.7m-1.8m 5 2 0.1 15
1.8m-1.9m 2 0
1.9m-2m 4 1 0 24
2m-2.25m 5 2 0.1 15
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 5 1 0.4 2.4
3m-3.5m 3 3 0.2 6
3.5m-4m 1 0
4m-4.5m 3 0
4.5m-5m 5 1 0 30
5.01m-6m 2 0
11.01m-12m 1 0

Land 10% 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
1k-25k 6 5 0.1 7.2
26k-50k 43 19 2 0.1 13.6
51k-75k 64 30 5 0.1 12.8
76k-100k 68 22 3 0.1 18.5
101k-125k 35 8 1 0 26.3
126k-150k 33 7 4 0 28.3
151k-175k 23 1 1 0 138
176k-200k 10 2 0 30
201k-225k 5 1 0 30
226k-250k 9 2 0 27
251k-275k 2 1 0.1 12
276k-300k 9 0
301k-325k 3 5 1 0.3 3.6
326k-350k 5 3 1 0.1 10
351k-375k 1 2 0.3 3
376k-400k 4 1 0 24
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 2 1 0.1 12
551k-600k 3 4 1 0.2 4.5
601k-650k 3 0
651k-700k 8 2 0 24
701k-750k 10 2 0 30
751k-800k 6 1 0 36
801k-850k 5 2 0.1 15
851k-900k 7 1 0 42
901k-950k 2 1 1 0.1 12
951k-1m 9 2 0 27
1m-1.1m 3 0
1.1m-1.2m 2 3 2 0.3 4
1.2m-1.3m 4 1 0 24
1.3m-1.4m 3 0
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 4 0
1.6m-1.7m 2 1 1 0.1 12
1.7m-1.8m 5 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0
3m-3.5m 2 0
3.5m-4m 1 0.2 0
5.01m-6m 2 0
6.01m-7m 1 0
13.01m-14m 1 0.2 0