Absorption Report

Atlanta, Browntown

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 26% 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 25 1 1 0 150
26k-50k 2 3 0.3 4
51k-75k 1 6 2 1 1
76k-100k 4 10 1 0.4 2.4
101k-125k 3 22 6 1.2 0.8
126k-150k 16 47 8 0.5 2
151k-175k 18 71 16 0.7 1.5
176k-200k 46 86 20 0.3 3.2
201k-225k 53 71 14 0.2 4.5
226k-250k 73 95 22 0.2 4.6
251k-275k 106 126 18 0.2 5
276k-300k 116 126 26 0.2 5.5
301k-325k 85 97 20 0.2 5.3
326k-350k 103 127 24 0.2 4.9
351k-375k 85 102 17 0.2 5
376k-400k 106 100 25 0.2 6.4
401k-425k 55 85 15 0.3 3.9
426k-450k 62 76 21 0.2 4.9
451k-475k 44 73 15 0.3 3.6
476k-500k 68 64 12 0.2 6.4
501k-550k 84 121 25 0.2 4.2
551k-600k 95 124 39 0.2 4.6
601k-650k 81 84 15 0.2 5.8
651k-700k 57 105 26 0.3 3.3
701k-750k 50 99 21 0.3 3
751k-800k 39 69 11 0.3 3.4
801k-850k 35 52 13 0.2 4
851k-900k 38 53 15 0.2 4.3
901k-950k 28 54 11 0.3 3.1
951k-1m 18 42 8 0.4 2.6
1m-1.1m 29 50 13 0.3 3.5
1.1m-1.2m 44 55 15 0.2 4.8
1.2m-1.3m 35 46 7 0.2 4.6
1.3m-1.4m 28 32 8 0.2 5.3
1.4m-1.5m 29 41 5 0.2 4.2
1.5m-1.6m 17 24 5 0.2 4.3
1.6m-1.7m 16 24 5 0.3 4
1.7m-1.8m 18 23 2 0.2 4.7
1.8m-1.9m 11 16 2 0.2 4.1
1.9m-2m 14 16 6 0.2 5.3
2m-2.25m 14 24 5 0.3 3.5
2.25m-2.5m 28 29 4 0.2 5.8
2.5m-2.75m 23 21 6 0.2 6.6
2.75m-3m 23 17 4 0.1 8.1
3m-3.5m 34 11 3 0.1 18.5
3.5m-4m 22 15 1 0.1 8.8
4m-4.5m 16 3 1 0 32
4.5m-5m 10 6 1 0.1 10
5.01m-6m 13 1 0 78
6.01m-7m 14 2 0 42
7.01m-8m 6 3 2 0.1 12
8.01m-9m 1 0
9.01m-10m 2 1 0.1 12
11.01m-12m 1 0
12.01m-13m 1 1 0.2 6
14.01m-15m 2 0
34.01m-35m 1 0
46.01m-47m 1 0

Townhouses 29% 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 4 0
26k-50k 2 0.3 0
51k-75k 1 1 0.2 6
76k-100k 1 0.2 0
101k-125k 2 2 0.2 6
126k-150k 4 2 0.1 12
151k-175k 3 3 1 0.2 6
176k-200k 6 9 3 0.3 4
201k-225k 10 19 2 0.3 3.2
226k-250k 22 32 5 0.2 4.1
251k-275k 17 21 1 0.2 4.9
276k-300k 17 35 8 0.3 2.9
301k-325k 17 29 0.3 3.5
326k-350k 21 39 3 0.3 3.2
351k-375k 25 38 10 0.3 3.9
376k-400k 14 37 8 0.4 2.3
401k-425k 13 41 3 0.5 1.9
426k-450k 21 40 10 0.3 3.2
451k-475k 15 45 5 0.5 2
476k-500k 34 40 4 0.2 5.1
501k-550k 32 77 9 0.4 2.5
551k-600k 42 68 10 0.3 3.7
601k-650k 35 41 9 0.2 5.1
651k-700k 27 43 10 0.3 3.8
701k-750k 31 28 6 0.2 6.6
751k-800k 20 24 3 0.2 5
801k-850k 12 13 2 0.2 5.5
851k-900k 12 13 4 0.2 5.5
901k-950k 8 11 1 0.2 4.4
951k-1m 9 3 1 0.1 18
1m-1.1m 8 5 1 0.1 9.6
1.1m-1.2m 8 8 2 0.2 6
1.2m-1.3m 11 7 0.1 9.4
1.3m-1.4m 5 7 3 0.2 4.3
1.4m-1.5m 3 3 0.2 6
1.5m-1.6m 3 1 0.1 18
1.7m-1.8m 3 1 1 0.1 18
1.8m-1.9m 1 1 0.2 6
1.9m-2m 1 1 0.2 6
2m-2.25m 2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 1 0.2 0
3m-3.5m 1 1 0.2 0
3.5m-4m 1 0.2 0

Condos 20% 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 8 1 0 48
26k-50k 1 3 1 0.5 2
51k-75k 2 3 1 0.3 4
76k-100k 3 3 1 0.2 6
101k-125k 1 6 1 1
126k-150k 15 19 5 0.2 4.7
151k-175k 18 31 8 0.3 3.5
176k-200k 41 57 20 0.2 4.3
201k-225k 58 98 12 0.3 3.6
226k-250k 87 104 21 0.2 5
251k-275k 86 86 19 0.2 6
276k-300k 97 123 24 0.2 4.7
301k-325k 82 97 16 0.2 5.1
326k-350k 76 103 19 0.2 4.4
351k-375k 49 68 9 0.2 4.3
376k-400k 60 59 10 0.2 6.1
401k-425k 38 50 8 0.2 4.6
426k-450k 33 44 9 0.2 4.5
451k-475k 18 30 3 0.3 3.6
476k-500k 36 40 11 0.2 5.4
501k-550k 57 45 5 0.1 7.6
551k-600k 35 34 5 0.2 6.2
601k-650k 14 19 1 0.2 4.4
651k-700k 21 16 0.1 7.9
701k-750k 16 19 2 0.2 5.1
751k-800k 11 11 1 0.2 6
801k-850k 10 11 1 0.2 5.5
851k-900k 10 7 1 0.1 8.6
901k-950k 6 6 0.2 6
951k-1m 9 3 1 0.1 18
1m-1.1m 2 9 0.8 1.3
1.1m-1.2m 14 6 1 0.1 14
1.2m-1.3m 9 7 1 0.1 7.7
1.3m-1.4m 3 3 0.2 6
1.4m-1.5m 12 3 0 24
1.5m-1.6m 2 4 0.3 3
1.6m-1.7m 4 4 1 0.2 6
1.7m-1.8m 4 1 0 24
1.8m-1.9m 3 0
1.9m-2m 4 2 0.1 12
2m-2.25m 6 5 0.1 7.2
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 2 0
2.75m-3m 3 1 0.1 18
3m-3.5m 1 1 0.2 6
3.5m-4m 1 1 0.2 6
4m-4.5m 1 0
4.5m-5m 4 0
5.01m-6m 1 0
10.01m-11m 1 0
13.01m-14m 1 0

Land 17% 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 3 2 0.1 9
26k-50k 31 16 3 0.1 11.6
51k-75k 58 45 20 0.1 7.7
76k-100k 43 25 2 0.1 10.3
101k-125k 37 16 3 0.1 13.9
126k-150k 31 3 1 0 62
151k-175k 14 5 1 0.1 16.8
176k-200k 12 3 0 24
201k-225k 5 4 1 0.1 7.5
226k-250k 7 1 0 42
251k-275k 3 3 1 0.2 6
276k-300k 8 3 0.1 16
301k-325k 4 0
326k-350k 4 3 0.1 8
351k-375k 4 2 0.1 12
376k-400k 4 0
401k-425k 1 0
451k-475k 1 0
476k-500k 5 2 1 0.1 15
501k-550k 2 2 1 0.2 6
551k-600k 3 0
601k-650k 3 2 1 0.1 9
651k-700k 2 2 0.2 6
701k-750k 8 2 2 0 24
751k-800k 2 0
801k-850k 6 1 0 36
851k-900k 6 0
951k-1m 3 1 1 0.1 18
1m-1.1m 2 2 0.2 6
1.1m-1.2m 5 1 0 30
1.2m-1.3m 1 0
1.3m-1.4m 2 0
1.4m-1.5m 2 2 1 0.2 6
1.5m-1.6m 3 1 1 0.1 18
1.6m-1.7m 2 0.3 0
1.7m-1.8m 1 0
1.8m-1.9m 1 1 1 0.2 6
1.9m-2m 1 0
2.25m-2.5m 1 1 1 0.2 6
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 1 0.1 12
3.5m-4m 1 0
5.01m-6m 3 0
6.01m-7m 1 0
14.01m-15m 1 0