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 0.2 0
51k-75k 1 6 1 1
76k-100k 5 12 2 0.4 2.5
101k-125k 12 28 3 0.4 2.6
126k-150k 20 59 5 0.5 2
151k-175k 40 93 25 0.4 2.6
176k-200k 70 88 14 0.2 4.8
201k-225k 86 108 14 0.2 4.8
226k-250k 111 119 23 0.2 5.6
251k-275k 119 114 16 0.2 6.3
276k-300k 132 121 21 0.2 6.5
301k-325k 81 99 11 0.2 4.9
326k-350k 107 106 11 0.2 6.1
351k-375k 84 79 14 0.2 6.4
376k-400k 89 103 14 0.2 5.2
401k-425k 76 79 11 0.2 5.8
426k-450k 69 77 6 0.2 5.4
451k-475k 41 49 6 0.2 5
476k-500k 63 75 7 0.2 5
501k-550k 80 132 14 0.3 3.6
551k-600k 82 119 12 0.2 4.1
601k-650k 54 114 14 0.4 2.8
651k-700k 43 109 7 0.4 2.4
701k-750k 42 84 5 0.3 3
751k-800k 23 86 8 0.6 1.6
801k-850k 28 72 6 0.4 2.3
851k-900k 25 71 7 0.5 2.1
901k-950k 28 38 2 0.2 4.4
951k-1m 18 47 9 0.4 2.3
1m-1.1m 29 63 4 0.4 2.8
1.1m-1.2m 27 55 7 0.3 2.9
1.2m-1.3m 26 46 2 0.3 3.4
1.3m-1.4m 18 32 2 0.3 3.4
1.4m-1.5m 16 34 5 0.4 2.8
1.5m-1.6m 15 24 2 0.3 3.8
1.6m-1.7m 9 26 0.5 2.1
1.7m-1.8m 12 20 2 0.3 3.6
1.8m-1.9m 7 15 3 0.4 2.8
1.9m-2m 4 12 0.5 2
2m-2.25m 18 24 2 0.2 4.5
2.25m-2.5m 16 32 4 0.3 3
2.5m-2.75m 22 10 0.1 13.2
2.75m-3m 11 12 0.2 5.5
3m-3.5m 17 17 0.2 6
3.5m-4m 18 12 2 0.1 9
4m-4.5m 9 8 2 0.1 6.8
4.5m-5m 7 3 0.1 14
5.01m-6m 13 9 0.1 8.7
6.01m-7m 3 1 0.1 18
7.01m-8m 2 1 0.1 12
8.01m-9m 1 2 0.3 3
9.01m-10m 1 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 17% 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 4 4 0.2 6
151k-175k 4 9 2 0.4 2.7
176k-200k 16 10 5 0.1 9.6
201k-225k 18 16 1 0.1 6.8
226k-250k 34 21 2 0.1 9.7
251k-275k 22 22 0.2 6
276k-300k 23 33 1 0.2 4.2
301k-325k 10 20 3 0.3 3
326k-350k 19 34 3 0.3 3.4
351k-375k 10 29 3 0.5 2.1
376k-400k 42 43 8 0.2 5.9
401k-425k 15 32 4 0.4 2.8
426k-450k 21 47 7 0.4 2.7
451k-475k 24 39 5 0.3 3.7
476k-500k 28 37 5 0.2 4.5
501k-550k 46 63 5 0.2 4.4
551k-600k 33 43 9 0.2 4.6
601k-650k 28 53 7 0.3 3.2
651k-700k 20 38 4 0.3 3.2
701k-750k 25 24 1 0.2 6.3
751k-800k 21 22 1 0.2 5.7
801k-850k 13 8 1 0.1 9.8
851k-900k 17 13 3 0.1 7.8
901k-950k 12 3 1 0 24
951k-1m 8 4 0.1 12
1m-1.1m 8 8 3 0.2 6
1.1m-1.2m 7 10 3 0.2 4.2
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 6 1 1 0
1.4m-1.5m 1 4 1 0.7 1.5
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 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 1 0.2 0
26k-50k 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 2 2 2 0.2 6
101k-125k 4 10 4 0.4 2.4
126k-150k 19 21 3 0.2 5.4
151k-175k 37 34 5 0.2 6.5
176k-200k 73 62 8 0.1 7.1
201k-225k 108 81 9 0.1 8
226k-250k 109 106 10 0.2 6.2
251k-275k 102 109 11 0.2 5.6
276k-300k 125 105 16 0.1 7.1
301k-325k 65 92 7 0.2 4.2
326k-350k 81 85 4 0.2 5.7
351k-375k 51 46 5 0.2 6.7
376k-400k 60 63 4 0.2 5.7
401k-425k 39 43 2 0.2 5.4
426k-450k 25 25 3 0.2 6
451k-475k 26 31 3 0.2 5
476k-500k 34 35 3 0.2 5.8
501k-550k 39 33 2 0.1 7.1
551k-600k 30 26 1 0.1 6.9
601k-650k 21 25 2 0.2 5
651k-700k 16 15 1 0.2 6.4
701k-750k 13 8 1 0.1 9.8
751k-800k 13 7 0.1 11.1
801k-850k 8 10 2 0.2 4.8
851k-900k 6 7 1 0.2 5.1
901k-950k 2 3 1 0.3 4
951k-1m 6 3 0.1 12
1m-1.1m 7 7 3 0.2 6
1.1m-1.2m 13 2 0 39
1.2m-1.3m 6 7 0.2 5.1
1.3m-1.4m 6 3 0.1 12
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 5 0
1.7m-1.8m 6 1 0 36
1.8m-1.9m 3 0
1.9m-2m 6 2 1 0.1 18
2m-2.25m 3 2 1 0.1 9
2.25m-2.5m 5 1 0 30
2.5m-2.75m 2 2 0.2 6
2.75m-3m 2 3 0.3 4
3m-3.5m 2 2 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

Land 9% 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 30 22 2 0.1 8.2
51k-75k 47 27 1 0.1 10.4
76k-100k 49 21 1 0.1 14
101k-125k 36 6 0 36
126k-150k 26 4 0 39
151k-175k 22 2 0 66
176k-200k 6 2 0.1 18
201k-225k 3 2 0.1 9
226k-250k 3 1 0.1 18
251k-275k 2 1 1 0.1 12
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 5 5 1 0.2 6
351k-375k 4 2 0.1 12
376k-400k 3 1 0.1 18
426k-450k 2 1 0.1 12
451k-475k 1 0
476k-500k 1 2 0.3 3
501k-550k 1 1 0.2 6
551k-600k 6 3 0.1 12
601k-650k 1 0
651k-700k 6 2 0.1 18
701k-750k 8 2 1 0 24
751k-800k 6 0
801k-850k 4 1 0 24
851k-900k 7 2 1 0 21
901k-950k 3 1 0.1 18
951k-1m 5 3 0.1 10
1m-1.1m 3 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 2 0
1.4m-1.5m 1 0.2 0
1.5m-1.6m 3 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 0
1.8m-1.9m 1 0
2m-2.25m 1 0
2.25m-2.5m 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