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 8 29 3 0.6 1.7
126k-150k 21 68 17 0.5 1.9
151k-175k 46 70 9 0.3 3.9
176k-200k 67 92 22 0.2 4.4
201k-225k 77 122 18 0.3 3.8
226k-250k 125 106 15 0.1 7.1
251k-275k 117 124 17 0.2 5.7
276k-300k 156 134 23 0.1 7
301k-325k 93 104 11 0.2 5.4
326k-350k 125 116 27 0.2 6.5
351k-375k 93 91 16 0.2 6.1
376k-400k 124 103 11 0.1 7.2
401k-425k 69 75 10 0.2 5.5
426k-450k 75 81 18 0.2 5.6
451k-475k 51 56 5 0.2 5.5
476k-500k 80 79 8 0.2 6.1
501k-550k 94 136 19 0.2 4.1
551k-600k 95 127 12 0.2 4.5
601k-650k 65 120 18 0.3 3.3
651k-700k 47 133 28 0.5 2.1
701k-750k 40 84 13 0.4 2.9
751k-800k 39 88 21 0.4 2.7
801k-850k 31 69 9 0.4 2.7
851k-900k 35 85 9 0.4 2.5
901k-950k 35 47 1 0.2 4.5
951k-1m 22 44 6 0.3 3
1m-1.1m 37 64 8 0.3 3.5
1.1m-1.2m 39 56 7 0.2 4.2
1.2m-1.3m 24 57 8 0.4 2.5
1.3m-1.4m 19 41 12 0.4 2.8
1.4m-1.5m 24 34 4 0.2 4.2
1.5m-1.6m 14 27 4 0.3 3.1
1.6m-1.7m 10 27 7 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 2 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 12 3 0.1 11.5
2.75m-3m 17 17 3 0.2 6
3m-3.5m 22 16 1 0.1 8.3
3.5m-4m 20 12 0.1 10
4m-4.5m 16 5 2 0.1 19.2
4.5m-5m 10 4 1 0.1 15
5.01m-6m 16 8 3 0.1 12
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 3 0.2 5.7
226k-250k 31 28 3 0.2 6.6
251k-275k 21 22 4 0.2 5.7
276k-300k 29 43 5 0.2 4
301k-325k 11 18 2 0.3 3.7
326k-350k 25 36 5 0.2 4.2
351k-375k 16 27 4 0.3 3.6
376k-400k 45 44 6 0.2 6.1
401k-425k 25 33 2 0.2 4.5
426k-450k 32 43 5 0.2 4.5
451k-475k 25 49 6 0.3 3.1
476k-500k 26 42 8 0.3 3.7
501k-550k 38 71 11 0.3 3.2
551k-600k 59 53 6 0.1 6.7
601k-650k 36 54 9 0.3 4
651k-700k 27 39 8 0.2 4.2
701k-750k 33 27 4 0.1 7.3
751k-800k 28 24 3 0.1 7
801k-850k 14 10 2 0.1 8.4
851k-900k 24 14 6 0.1 10.3
901k-950k 10 3 1 0.1 20
951k-1m 4 7 0.3 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 6 0.2 5.1
176k-200k 85 67 8 0.1 7.6
201k-225k 114 89 9 0.1 7.7
226k-250k 119 123 17 0.2 5.8
251k-275k 119 102 10 0.1 7
276k-300k 129 129 25 0.2 6
301k-325k 84 107 9 0.2 4.7
326k-350k 89 101 7 0.2 5.3
351k-375k 55 54 7 0.2 6.1
376k-400k 71 72 9 0.2 5.9
401k-425k 37 56 9 0.3 4
426k-450k 32 33 4 0.2 5.8
451k-475k 26 36 2 0.2 4.3
476k-500k 43 35 5 0.1 7.4
501k-550k 55 37 9 0.1 8.9
551k-600k 28 29 3 0.2 5.8
601k-650k 22 29 1 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 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 4 0.3 3
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 62 31 5 0.1 12
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 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 1 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 2 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 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