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 22% 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 6 29 3 0.8 1.2
126k-150k 23 69 16 0.5 2
151k-175k 46 72 11 0.3 3.8
176k-200k 68 90 20 0.2 4.5
201k-225k 79 113 11 0.2 4.2
226k-250k 123 108 16 0.1 6.8
251k-275k 117 123 14 0.2 5.7
276k-300k 158 130 16 0.1 7.3
301k-325k 93 102 12 0.2 5.5
326k-350k 121 114 25 0.2 6.4
351k-375k 97 89 16 0.2 6.5
376k-400k 126 99 9 0.1 7.6
401k-425k 71 74 9 0.2 5.8
426k-450k 74 81 16 0.2 5.5
451k-475k 52 58 6 0.2 5.4
476k-500k 78 79 7 0.2 5.9
501k-550k 99 135 19 0.2 4.4
551k-600k 93 130 15 0.2 4.3
601k-650k 71 118 20 0.3 3.6
651k-700k 54 130 24 0.4 2.5
701k-750k 40 86 13 0.4 2.8
751k-800k 45 79 14 0.3 3.4
801k-850k 29 72 13 0.4 2.4
851k-900k 37 84 8 0.4 2.6
901k-950k 35 49 2 0.2 4.3
951k-1m 21 43 5 0.3 2.9
1m-1.1m 37 67 11 0.3 3.3
1.1m-1.2m 40 55 7 0.2 4.4
1.2m-1.3m 24 57 6 0.4 2.5
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 15 27 4 0.3 3.3
1.6m-1.7m 14 24 5 0.3 3.5
1.7m-1.8m 16 16 5 0.2 6
1.8m-1.9m 7 16 2 0.4 2.6
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 17 5 1 0 20.4
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 20 22 4 0.2 5.5
276k-300k 32 40 3 0.2 4.8
301k-325k 11 18 2 0.3 3.7
326k-350k 27 35 4 0.2 4.6
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 33 39 2 0.2 5.1
451k-475k 25 51 5 0.3 2.9
476k-500k 24 40 7 0.3 3.6
501k-550k 40 71 11 0.3 3.4
551k-600k 62 51 5 0.1 7.3
601k-650k 37 52 8 0.2 4.3
651k-700k 28 40 9 0.2 4.2
701k-750k 32 27 3 0.1 7.1
751k-800k 31 22 1 0.1 8.5
801k-850k 15 12 3 0.1 7.5
851k-900k 25 12 4 0.1 12.5
901k-950k 8 3 1 0.1 16
951k-1m 7 7 0.2 6
1m-1.1m 14 6 1 0.1 14
1.1m-1.2m 9 8 0.1 6.8
1.2m-1.3m 8 6 1 0.1 8
1.3m-1.4m 2 6 1 0.5 2
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 11 23 7 0.3 2.9
151k-175k 32 38 6 0.2 5.1
176k-200k 88 66 8 0.1 8
201k-225k 112 89 13 0.1 7.6
226k-250k 119 123 19 0.2 5.8
251k-275k 121 105 14 0.1 6.9
276k-300k 130 127 24 0.2 6.1
301k-325k 84 107 8 0.2 4.7
326k-350k 89 101 6 0.2 5.3
351k-375k 55 52 7 0.2 6.3
376k-400k 71 73 8 0.2 5.8
401k-425k 38 56 8 0.2 4.1
426k-450k 33 33 5 0.2 6
451k-475k 25 36 4 0.2 4.2
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 26 19 2 0.1 8.2
701k-750k 14 9 1 0.1 9.3
751k-800k 12 8 3 0.1 9
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 2 3 0.3 4
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 41 19 2 0.1 12.9
51k-75k 64 30 5 0.1 12.8
76k-100k 67 22 3 0.1 18.3
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 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 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