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 6 1 1 1
76k-100k 4 9 3 0.4 2.7
101k-125k 8 29 2 0.6 1.7
126k-150k 20 65 16 0.5 1.8
151k-175k 42 72 7 0.3 3.5
176k-200k 61 92 18 0.3 4
201k-225k 74 119 18 0.3 3.7
226k-250k 123 110 18 0.1 6.7
251k-275k 111 121 16 0.2 5.5
276k-300k 147 131 22 0.1 6.7
301k-325k 91 103 10 0.2 5.3
326k-350k 125 116 25 0.2 6.5
351k-375k 93 88 12 0.2 6.3
376k-400k 121 101 12 0.1 7.2
401k-425k 72 73 7 0.2 5.9
426k-450k 73 78 16 0.2 5.6
451k-475k 52 54 4 0.2 5.8
476k-500k 74 76 7 0.2 5.8
501k-550k 89 136 17 0.3 3.9
551k-600k 92 122 9 0.2 4.5
601k-650k 60 118 15 0.3 3.1
651k-700k 45 129 22 0.5 2.1
701k-750k 39 81 10 0.3 2.9
751k-800k 39 87 19 0.4 2.7
801k-850k 28 69 8 0.4 2.4
851k-900k 33 79 8 0.4 2.5
901k-950k 33 47 2 0.2 4.2
951k-1m 21 43 6 0.3 2.9
1m-1.1m 37 64 2 0.3 3.5
1.1m-1.2m 38 56 7 0.2 4.1
1.2m-1.3m 22 53 5 0.4 2.5
1.3m-1.4m 19 40 8 0.4 2.9
1.4m-1.5m 24 33 3 0.2 4.4
1.5m-1.6m 12 25 3 0.3 2.9
1.6m-1.7m 10 28 6 0.5 2.1
1.7m-1.8m 12 18 4 0.3 4
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 16 13 2 0.1 7.4
2m-2.25m 23 24 1 0.2 5.8
2.25m-2.5m 17 32 6 0.3 3.2
2.5m-2.75m 23 11 1 0.1 12.5
2.75m-3m 16 17 2 0.2 5.6
3m-3.5m 23 16 1 0.1 8.6
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 17 8 3 0.1 12.8
6.01m-7m 2 2 0.2 6
7.01m-8m 2 0
8.01m-9m 4 1 0.7 0
9.01m-10m 2 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 1 1 0.2 6
101k-125k 2 3 1 0.3 4
126k-150k 2 7 3 0.6 1.7
151k-175k 5 4 0.1 7.5
176k-200k 19 8 1 0.1 14.3
201k-225k 19 19 2 0.2 6
226k-250k 31 28 2 0.2 6.6
251k-275k 21 22 4 0.2 5.7
276k-300k 25 42 4 0.3 3.6
301k-325k 10 18 1 0.3 3.3
326k-350k 24 35 3 0.2 4.1
351k-375k 16 28 3 0.3 3.4
376k-400k 43 44 5 0.2 5.9
401k-425k 24 31 2 0.2 4.6
426k-450k 29 40 4 0.2 4.4
451k-475k 27 46 6 0.3 3.5
476k-500k 24 40 5 0.3 3.6
501k-550k 39 70 9 0.3 3.3
551k-600k 55 51 6 0.2 6.5
601k-650k 38 54 7 0.2 4.2
651k-700k 24 39 8 0.3 3.7
701k-750k 31 27 3 0.1 6.9
751k-800k 28 24 2 0.1 7
801k-850k 14 10 1 0.1 8.4
851k-900k 24 13 5 0.1 11.1
901k-950k 10 3 1 0.1 20
951k-1m 5 6 0.2 5
1m-1.1m 14 6 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 0.2 0
101k-125k 10 5 1 0.1 12
126k-150k 12 25 8 0.3 2.9
151k-175k 31 38 5 0.2 4.9
176k-200k 84 67 8 0.1 7.5
201k-225k 114 85 9 0.1 8
226k-250k 115 120 13 0.2 5.8
251k-275k 115 100 6 0.1 6.9
276k-300k 125 124 21 0.2 6
301k-325k 80 105 7 0.2 4.6
326k-350k 88 96 5 0.2 5.5
351k-375k 54 53 5 0.2 6.1
376k-400k 72 67 8 0.2 6.4
401k-425k 37 56 8 0.3 4
426k-450k 31 30 4 0.2 6.2
451k-475k 26 36 2 0.2 4.3
476k-500k 44 34 4 0.1 7.8
501k-550k 53 36 8 0.1 8.8
551k-600k 25 30 4 0.2 5
601k-650k 24 27 1 0.2 5.3
651k-700k 23 17 2 0.1 8.1
701k-750k 18 9 0.1 12
751k-800k 11 8 3 0.1 8.3
801k-850k 11 11 1 0.2 6
851k-900k 9 6 0.1 9
901k-950k 3 3 0.2 6
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 6 9 3 0.3 4
1.3m-1.4m 8 1 1 0 48
1.4m-1.5m 10 4 0.1 15
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 3 0.3 4
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 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 2 4 0.3 3
26k-50k 32 19 1 0.1 10.1
51k-75k 56 32 6 0.1 10.5
76k-100k 56 22 3 0.1 15.3
101k-125k 35 8 0 26.3
126k-150k 31 7 3 0 26.6
151k-175k 21 1 1 0 126
176k-200k 9 2 0 27
201k-225k 5 1 0 30
226k-250k 6 1 0 36
251k-275k 2 1 0.1 12
276k-300k 9 0
301k-325k 3 3 0.2 6
326k-350k 5 3 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 7 2 0 21
701k-750k 10 1 0 60
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 2 0
1.1m-1.2m 2 3 1 0.3 4
1.2m-1.3m 3 1 0.1 18
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 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