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 6 1 1 1
76k-100k 4 9 3 0.4 2.7
101k-125k 7 29 2 0.7 1.4
126k-150k 21 67 17 0.5 1.9
151k-175k 46 71 7 0.3 3.9
176k-200k 67 93 22 0.2 4.3
201k-225k 77 119 17 0.3 3.9
226k-250k 126 108 16 0.1 7
251k-275k 117 122 15 0.2 5.8
276k-300k 154 134 23 0.1 6.9
301k-325k 95 103 11 0.2 5.5
326k-350k 126 116 25 0.2 6.5
351k-375k 96 89 15 0.2 6.5
376k-400k 125 101 11 0.1 7.4
401k-425k 70 73 9 0.2 5.8
426k-450k 74 81 17 0.2 5.5
451k-475k 52 54 5 0.2 5.8
476k-500k 81 78 7 0.2 6.2
501k-550k 93 135 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 47 131 25 0.5 2.2
701k-750k 41 83 13 0.3 3
751k-800k 39 88 21 0.4 2.7
801k-850k 31 69 7 0.4 2.7
851k-900k 35 83 8 0.4 2.5
901k-950k 34 48 2 0.2 4.3
951k-1m 22 43 6 0.3 3.1
1m-1.1m 37 64 6 0.3 3.5
1.1m-1.2m 39 56 7 0.2 4.2
1.2m-1.3m 24 56 7 0.4 2.6
1.3m-1.4m 19 40 10 0.4 2.9
1.4m-1.5m 24 34 3 0.2 4.2
1.5m-1.6m 14 27 3 0.3 3.1
1.6m-1.7m 10 27 6 0.5 2.2
1.7m-1.8m 13 18 4 0.2 4.3
1.8m-1.9m 8 15 2 0.3 3.2
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 12 0.1 10
4m-4.5m 16 5 2 0.1 19.2
4.5m-5m 9 4 1 0.1 13.5
5.01m-6m 17 8 3 0.1 12.8
6.01m-7m 2 2 0.2 6
7.01m-8m 1 0
8.01m-9m 4 1 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 2 7 3 0.6 1.7
151k-175k 5 4 0.1 7.5
176k-200k 18 8 1 0.1 13.5
201k-225k 19 20 3 0.2 5.7
226k-250k 31 28 3 0.2 6.6
251k-275k 22 22 4 0.2 6
276k-300k 29 42 5 0.2 4.1
301k-325k 11 18 1 0.3 3.7
326k-350k 25 36 4 0.2 4.2
351k-375k 16 28 3 0.3 3.4
376k-400k 45 44 6 0.2 6.1
401k-425k 26 32 2 0.2 4.9
426k-450k 30 42 4 0.2 4.3
451k-475k 25 48 6 0.3 3.1
476k-500k 26 40 7 0.3 3.9
501k-550k 38 71 11 0.3 3.2
551k-600k 58 53 6 0.2 6.6
601k-650k 37 54 9 0.2 4.1
651k-700k 27 39 8 0.2 4.2
701k-750k 34 27 3 0.1 7.6
751k-800k 28 24 2 0.1 7
801k-850k 14 10 2 0.1 8.4
851k-900k 25 13 5 0.1 11.5
901k-950k 10 3 1 0.1 20
951k-1m 4 6 0.3 4
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 5 0.1 10.8
1.3m-1.4m 1 6 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 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 1 0.2 0
26k-50k 5 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 11 5 1 0.1 13.2
126k-150k 13 24 8 0.3 3.3
151k-175k 32 38 5 0.2 5.1
176k-200k 85 67 8 0.1 7.6
201k-225k 115 88 9 0.1 7.8
226k-250k 118 123 14 0.2 5.8
251k-275k 119 100 9 0.1 7.1
276k-300k 128 127 22 0.2 6
301k-325k 83 107 9 0.2 4.7
326k-350k 91 99 6 0.2 5.5
351k-375k 55 54 5 0.2 6.1
376k-400k 71 71 8 0.2 6
401k-425k 38 56 9 0.2 4.1
426k-450k 32 31 4 0.2 6.2
451k-475k 26 36 2 0.2 4.3
476k-500k 43 34 4 0.1 7.6
501k-550k 55 36 9 0.1 9.2
551k-600k 27 30 4 0.2 5.4
601k-650k 23 29 1 0.2 4.8
651k-700k 24 18 2 0.1 8
701k-750k 16 9 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 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 7 9 3 0.2 4.7
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 5 1 0 30
2m-2.25m 5 1 0 30
2.25m-2.5m 6 2 0.1 18
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 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 4 0.1 9
26k-50k 42 19 1 0.1 13.3
51k-75k 61 32 6 0.1 11.4
76k-100k 67 22 3 0.1 18.3
101k-125k 35 8 0 26.3
126k-150k 33 7 3 0 28.3
151k-175k 23 1 1 0 138
176k-200k 10 2 0 30
201k-225k 5 1 0 30
226k-250k 7 1 0 42
251k-275k 2 1 0.1 12
276k-300k 9 0
301k-325k 3 3 0.2 6
326k-350k 5 3 0.1 10
351k-375k 1 3 1 0.5 2
376k-400k 4 1 0 24
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 2 3 0.3 4
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 1 0.3 4
1.2m-1.3m 4 1 0 24
1.3m-1.4m 3 0
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 4 0
1.6m-1.7m 2 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