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 0.2 0
51k-75k 3 6 0.3 3
76k-100k 5 10 2 0.3 3
101k-125k 11 30 3 0.5 2.2
126k-150k 25 65 4 0.4 2.3
151k-175k 53 81 19 0.3 3.9
176k-200k 76 92 20 0.2 5
201k-225k 93 107 13 0.2 5.2
226k-250k 110 122 26 0.2 5.4
251k-275k 122 112 19 0.2 6.5
276k-300k 149 125 20 0.1 7.2
301k-325k 87 99 11 0.2 5.3
326k-350k 127 111 14 0.1 6.9
351k-375k 92 75 11 0.1 7.4
376k-400k 100 99 16 0.2 6.1
401k-425k 73 78 10 0.2 5.6
426k-450k 72 77 11 0.2 5.6
451k-475k 45 50 7 0.2 5.4
476k-500k 72 79 9 0.2 5.5
501k-550k 90 130 11 0.2 4.2
551k-600k 77 119 12 0.3 3.9
601k-650k 55 118 16 0.4 2.8
651k-700k 40 118 13 0.5 2
701k-750k 42 78 4 0.3 3.2
751k-800k 23 94 13 0.7 1.5
801k-850k 33 69 4 0.3 2.9
851k-900k 30 75 8 0.4 2.4
901k-950k 30 39 1 0.2 4.6
951k-1m 26 41 0.3 3.8
1m-1.1m 26 65 7 0.4 2.4
1.1m-1.2m 31 60 10 0.3 3.1
1.2m-1.3m 26 48 4 0.3 3.3
1.3m-1.4m 18 37 6 0.3 2.9
1.4m-1.5m 18 32 3 0.3 3.4
1.5m-1.6m 16 23 1 0.2 4.2
1.6m-1.7m 9 27 2 0.5 2
1.7m-1.8m 15 17 0.2 5.3
1.8m-1.9m 10 14 1 0.2 4.3
1.9m-2m 10 15 3 0.3 4
2m-2.25m 21 22 1 0.2 5.7
2.25m-2.5m 14 33 4 0.4 2.5
2.5m-2.75m 18 9 0.1 12
2.75m-3m 14 17 1 0.2 4.9
3m-3.5m 20 16 1 0.1 7.5
3.5m-4m 19 11 2 0.1 10.4
4m-4.5m 10 6 2 0.1 10
4.5m-5m 9 5 1 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 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 5 0.4 2.4
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 24 18 2 0.1 8
226k-250k 27 24 4 0.1 6.8
251k-275k 23 24 3 0.2 5.8
276k-300k 22 37 2 0.3 3.6
301k-325k 12 19 1 0.3 3.8
326k-350k 24 33 0.2 4.4
351k-375k 13 31 3 0.4 2.5
376k-400k 45 40 6 0.1 6.8
401k-425k 19 31 5 0.3 3.7
426k-450k 28 44 10 0.3 3.8
451k-475k 24 42 4 0.3 3.4
476k-500k 31 38 4 0.2 4.9
501k-550k 49 65 6 0.2 4.5
551k-600k 35 45 5 0.2 4.7
601k-650k 33 53 10 0.3 3.7
651k-700k 21 41 3 0.3 3.1
701k-750k 25 24 3 0.2 6.3
751k-800k 23 24 2 0.2 5.8
801k-850k 11 9 1 0.1 7.3
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 8 8 1 0.2 6
1.2m-1.3m 9 5 0.1 10.8
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 8 7 2 0.1 6.9
126k-150k 16 23 1 0.2 4.2
151k-175k 34 33 5 0.2 6.2
176k-200k 82 64 8 0.1 7.7
201k-225k 115 83 11 0.1 8.3
226k-250k 106 108 13 0.2 5.9
251k-275k 117 107 10 0.2 6.6
276k-300k 122 101 12 0.1 7.2
301k-325k 64 103 14 0.3 3.7
326k-350k 88 90 4 0.2 5.9
351k-375k 50 50 5 0.2 6
376k-400k 58 68 9 0.2 5.1
401k-425k 31 46 2 0.2 4
426k-450k 31 25 1 0.1 7.4
451k-475k 28 30 1 0.2 5.6
476k-500k 37 35 4 0.2 6.3
501k-550k 41 38 4 0.2 6.5
551k-600k 28 26 0.2 6.5
601k-650k 23 25 2 0.2 5.5
651k-700k 18 16 2 0.1 6.8
701k-750k 12 8 1 0.1 9
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 13 0
1.2m-1.3m 5 9 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 3 0.1 12
26k-50k 41 19 4 0.1 12.9
51k-75k 61 33 3 0.1 11.1
76k-100k 58 22 3 0.1 15.8
101k-125k 37 8 1 0 27.8
126k-150k 29 8 0 21.8
151k-175k 22 2 0 66
176k-200k 6 3 1 0.1 12
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 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