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 3 6 0.3 3
76k-100k 6 10 2 0.3 3.6
101k-125k 13 30 2 0.4 2.6
126k-150k 24 61 3 0.4 2.4
151k-175k 49 84 22 0.3 3.5
176k-200k 76 87 18 0.2 5.2
201k-225k 90 108 15 0.2 5
226k-250k 115 120 23 0.2 5.8
251k-275k 120 114 19 0.2 6.3
276k-300k 148 122 19 0.1 7.3
301k-325k 88 99 11 0.2 5.3
326k-350k 126 111 14 0.1 6.8
351k-375k 89 78 15 0.1 6.8
376k-400k 102 100 16 0.2 6.1
401k-425k 72 79 11 0.2 5.5
426k-450k 72 77 9 0.2 5.6
451k-475k 44 49 5 0.2 5.4
476k-500k 74 77 8 0.2 5.8
501k-550k 88 128 10 0.2 4.1
551k-600k 77 115 11 0.2 4
601k-650k 53 118 17 0.4 2.7
651k-700k 44 113 12 0.4 2.3
701k-750k 40 78 4 0.3 3.1
751k-800k 23 94 14 0.7 1.5
801k-850k 31 68 4 0.4 2.7
851k-900k 28 75 8 0.4 2.2
901k-950k 29 39 1 0.2 4.5
951k-1m 21 47 5 0.4 2.7
1m-1.1m 24 64 7 0.4 2.3
1.1m-1.2m 29 59 9 0.3 2.9
1.2m-1.3m 26 48 4 0.3 3.3
1.3m-1.4m 18 36 6 0.3 3
1.4m-1.5m 18 33 3 0.3 3.3
1.5m-1.6m 14 23 2 0.3 3.7
1.6m-1.7m 9 27 2 0.5 2
1.7m-1.8m 14 18 1 0.2 4.7
1.8m-1.9m 8 16 3 0.3 3
1.9m-2m 10 15 2 0.3 4
2m-2.25m 20 22 1 0.2 5.5
2.25m-2.5m 13 34 4 0.4 2.3
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 13 17 1 0.2 4.6
3m-3.5m 20 16 1 0.1 7.5
3.5m-4m 19 10 1 0.1 11.4
4m-4.5m 10 6 1 0.1 10
4.5m-5m 9 5 0.1 10.8
5.01m-6m 11 9 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 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
51k-75k 2 1 0.3 0
101k-125k 2 4 0.3 3
126k-150k 5 5 0.2 6
151k-175k 5 8 2 0.3 3.8
176k-200k 16 9 3 0.1 10.7
201k-225k 23 18 3 0.1 7.7
226k-250k 27 22 4 0.1 7.4
251k-275k 23 24 3 0.2 5.8
276k-300k 23 36 1 0.3 3.8
301k-325k 11 19 1 0.3 3.5
326k-350k 24 32 0.2 4.5
351k-375k 13 31 2 0.4 2.5
376k-400k 44 40 7 0.2 6.6
401k-425k 17 31 5 0.3 3.3
426k-450k 29 43 8 0.2 4
451k-475k 23 43 4 0.3 3.2
476k-500k 31 35 4 0.2 5.3
501k-550k 49 61 5 0.2 4.8
551k-600k 32 45 6 0.2 4.3
601k-650k 33 52 8 0.3 3.8
651k-700k 20 39 3 0.3 3.1
701k-750k 26 23 3 0.1 6.8
751k-800k 23 23 1 0.2 6
801k-850k 10 9 1 0.2 6.7
851k-900k 21 14 2 0.1 9
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 10 8 3 0.1 7.5
1.1m-1.2m 8 7 1 0.1 6.9
1.2m-1.3m 9 4 0.1 13.5
1.3m-1.4m 7 1 1.2 0
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 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 8 7 2 0.1 6.9
126k-150k 16 23 1 0.2 4.2
151k-175k 33 33 5 0.2 6
176k-200k 79 64 10 0.1 7.4
201k-225k 115 83 13 0.1 8.3
226k-250k 107 108 13 0.2 5.9
251k-275k 112 109 10 0.2 6.2
276k-300k 117 102 14 0.1 6.9
301k-325k 62 99 14 0.3 3.8
326k-350k 89 89 4 0.2 6
351k-375k 54 50 4 0.2 6.5
376k-400k 58 66 7 0.2 5.3
401k-425k 33 45 2 0.2 4.4
426k-450k 30 25 1 0.1 7.2
451k-475k 30 30 1 0.2 6
476k-500k 39 33 3 0.1 7.1
501k-550k 40 36 4 0.2 6.7
551k-600k 28 25 0.1 6.7
601k-650k 23 25 1 0.2 5.5
651k-700k 16 17 2 0.2 5.6
701k-750k 13 8 1 0.1 9.8
751k-800k 14 7 0.1 12
801k-850k 7 9 2 0.2 4.7
851k-900k 7 10 3 0.2 4.2
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 6 7 4 0.2 5.1
1.1m-1.2m 14 0
1.2m-1.3m 4 9 0.4 2.7
1.3m-1.4m 6 4 2 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 11% 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 3 0.1 12
26k-50k 40 19 4 0.1 12.6
51k-75k 60 32 2 0.1 11.3
76k-100k 56 21 3 0.1 16
101k-125k 37 6 1 0 37
126k-150k 29 6 0 29
151k-175k 21 2 0 63
176k-200k 7 2 0 21
201k-225k 3 2 0.1 9
226k-250k 8 1 0 48
251k-275k 2 0
276k-300k 8 1 1 0 48
301k-325k 3 1 0.1 18
326k-350k 6 4 1 0.1 9
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 3 0.1 12
651k-700k 6 3 0.1 12
701k-750k 9 1 0 54
751k-800k 7 0
801k-850k 4 2 0.1 12
851k-900k 7 2 1 0 21
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 3 2 1 0.1 9
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