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 23% 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 0.2 0
51k-75k 4 6 0.3 4
76k-100k 5 10 1 0.3 3
101k-125k 10 31 4 0.5 1.9
126k-150k 23 68 6 0.5 2
151k-175k 56 78 15 0.2 4.3
176k-200k 71 91 19 0.2 4.7
201k-225k 89 110 12 0.2 4.9
226k-250k 104 123 29 0.2 5.1
251k-275k 122 113 20 0.2 6.5
276k-300k 143 130 25 0.2 6.6
301k-325k 88 100 14 0.2 5.3
326k-350k 126 114 16 0.2 6.6
351k-375k 94 76 10 0.1 7.4
376k-400k 99 103 20 0.2 5.8
401k-425k 78 76 8 0.2 6.2
426k-450k 70 77 11 0.2 5.5
451k-475k 46 52 8 0.2 5.3
476k-500k 70 79 15 0.2 5.3
501k-550k 92 132 12 0.2 4.2
551k-600k 78 119 12 0.3 3.9
601k-650k 51 122 17 0.4 2.5
651k-700k 42 120 19 0.5 2.1
701k-750k 42 81 4 0.3 3.1
751k-800k 25 96 17 0.6 1.6
801k-850k 32 70 7 0.4 2.7
851k-900k 31 75 8 0.4 2.5
901k-950k 30 41 1 0.2 4.4
951k-1m 26 42 1 0.3 3.7
1m-1.1m 27 67 7 0.4 2.4
1.1m-1.2m 32 60 9 0.3 3.2
1.2m-1.3m 27 49 4 0.3 3.3
1.3m-1.4m 20 37 5 0.3 3.2
1.4m-1.5m 18 34 4 0.3 3.2
1.5m-1.6m 15 23 2 0.3 3.9
1.6m-1.7m 9 27 3 0.5 2
1.7m-1.8m 15 17 0.2 5.3
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 10 15 4 0.3 4
2m-2.25m 21 23 3 0.2 5.5
2.25m-2.5m 14 33 4 0.4 2.5
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 14 17 2 0.2 4.9
3m-3.5m 20 16 1 0.1 7.5
3.5m-4m 20 12 2 0.1 10
4m-4.5m 11 5 2 0.1 13.2
4.5m-5m 9 5 2 0.1 10.8
5.01m-6m 11 9 1 0.1 7.3
6.01m-7m 3 1 0.1 18
7.01m-8m 3 0
8.01m-9m 1 3 0.5 2
9.01m-10m 1 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 20% 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 2 1 0.3 0
101k-125k 2 4 0.3 3
126k-150k 5 5 0.2 6
151k-175k 6 7 1 0.2 5.1
176k-200k 18 8 2 0.1 13.5
201k-225k 23 18 2 0.1 7.7
226k-250k 27 26 4 0.2 6.2
251k-275k 23 24 3 0.2 5.8
276k-300k 21 38 3 0.3 3.3
301k-325k 12 20 1 0.3 3.6
326k-350k 25 33 0.2 4.5
351k-375k 13 31 4 0.4 2.5
376k-400k 49 37 3 0.1 7.9
401k-425k 21 31 4 0.2 4.1
426k-450k 28 45 10 0.3 3.7
451k-475k 23 42 4 0.3 3.3
476k-500k 32 37 3 0.2 5.2
501k-550k 48 64 5 0.2 4.5
551k-600k 36 45 8 0.2 4.8
601k-650k 34 54 13 0.3 3.8
651k-700k 21 41 6 0.3 3.1
701k-750k 25 25 4 0.2 6
751k-800k 24 25 2 0.2 5.8
801k-850k 12 8 0.1 9
851k-900k 20 14 2 0.1 8.6
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 11 9 3 0.1 7.3
1.1m-1.2m 9 7 0.1 7.7
1.2m-1.3m 9 6 0.1 9
1.3m-1.4m 1 6 1 1
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 1 1 0.2 6
1.9m-2m 1 0.2 0
2m-2.25m 2 2 0.3 0
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 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 1 1 1 0.2 6
101k-125k 9 6 3 0.1 9
126k-150k 17 22 4 0.2 4.6
151k-175k 33 33 5 0.2 6
176k-200k 80 67 8 0.1 7.2
201k-225k 112 87 12 0.1 7.7
226k-250k 110 110 12 0.2 6
251k-275k 118 107 14 0.2 6.6
276k-300k 127 102 9 0.1 7.5
301k-325k 61 104 14 0.3 3.5
326k-350k 89 93 5 0.2 5.7
351k-375k 52 48 4 0.2 6.5
376k-400k 59 68 9 0.2 5.2
401k-425k 32 50 1 0.3 3.8
426k-450k 31 26 1 0.1 7.2
451k-475k 29 30 1 0.2 5.8
476k-500k 37 37 5 0.2 6
501k-550k 42 37 5 0.1 6.8
551k-600k 28 27 1 0.2 6.2
601k-650k 24 27 3 0.2 5.3
651k-700k 18 16 2 0.1 6.8
701k-750k 12 9 1 0.1 8
751k-800k 14 7 0.1 12
801k-850k 8 10 2 0.2 4.8
851k-900k 8 10 4 0.2 4.8
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 7 6 3 0.1 7
1.1m-1.2m 12 0
1.2m-1.3m 5 9 1 0.3 3.3
1.3m-1.4m 6 4 3 0.1 9
1.4m-1.5m 7 3 1 0.1 14
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 4 0
1.7m-1.8m 6 2 0.1 18
1.8m-1.9m 3 0
1.9m-2m 6 1 0 36
2m-2.25m 5 1 0 30
2.25m-2.5m 5 1 0 30
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 3 0.3 4
3m-3.5m 3 3 0.2 6
3.5m-4m 2 0
4m-4.5m 3 0
4.5m-5m 4 0
5.01m-6m 2 0
9.01m-10m 1 0
11.01m-12m 1 0

Land 12% 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 4 0.1 9
26k-50k 40 20 4 0.1 12
51k-75k 62 34 4 0.1 10.9
76k-100k 59 22 3 0.1 16.1
101k-125k 37 8 1 0 27.8
126k-150k 29 8 1 0 21.8
151k-175k 22 2 0 66
176k-200k 6 4 1 0.1 9
201k-225k 3 1 0.1 18
226k-250k 8 1 0 48
251k-275k 2 0
276k-300k 9 0
301k-325k 3 1 0.1 18
326k-350k 7 3 0.1 14
351k-375k 2 3 0.3 4
376k-400k 5 1 0 30
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 6 4 0.1 9
651k-700k 6 3 0.1 12
701k-750k 8 1 0 48
751k-800k 7 0
801k-850k 4 2 0.1 12
851k-900k 7 1 0 42
901k-950k 2 1 0.1 12
951k-1m 6 2 0.1 18
1m-1.1m 2 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 4 1 0 24
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 4 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 1 1 0.1 18
1.8m-1.9m 1 0
2m-2.25m 1 0
2.75m-3m 1 0
3m-3.5m 3 1 0.1 18
5.01m-6m 2 0
6.01m-7m 1 0