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 67 16 0.6 1.8
151k-175k 43 72 8 0.3 3.6
176k-200k 64 91 18 0.2 4.2
201k-225k 73 120 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 145 131 23 0.2 6.6
301k-325k 91 103 11 0.2 5.3
326k-350k 124 116 25 0.2 6.4
351k-375k 93 88 13 0.2 6.3
376k-400k 121 101 12 0.1 7.2
401k-425k 69 73 9 0.2 5.7
426k-450k 73 78 16 0.2 5.6
451k-475k 52 54 5 0.2 5.8
476k-500k 74 77 7 0.2 5.8
501k-550k 90 135 17 0.3 4
551k-600k 91 122 10 0.2 4.5
601k-650k 61 118 16 0.3 3.1
651k-700k 44 129 24 0.5 2
701k-750k 40 82 10 0.3 2.9
751k-800k 40 87 20 0.4 2.8
801k-850k 28 69 8 0.4 2.4
851k-900k 32 82 8 0.4 2.3
901k-950k 33 47 2 0.2 4.2
951k-1m 22 43 6 0.3 3.1
1m-1.1m 37 64 4 0.3 3.5
1.1m-1.2m 39 56 7 0.2 4.2
1.2m-1.3m 23 54 5 0.4 2.6
1.3m-1.4m 19 40 8 0.4 2.9
1.4m-1.5m 24 34 3 0.2 4.2
1.5m-1.6m 12 25 3 0.3 2.9
1.6m-1.7m 9 28 7 0.5 1.9
1.7m-1.8m 13 18 4 0.2 4.3
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 18 32 7 0.3 3.4
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 18 8 1 0.1 13.5
201k-225k 20 19 2 0.2 6.3
226k-250k 31 28 2 0.2 6.6
251k-275k 21 22 4 0.2 5.7
276k-300k 27 42 4 0.3 3.9
301k-325k 10 18 1 0.3 3.3
326k-350k 24 36 4 0.3 4
351k-375k 16 28 3 0.3 3.4
376k-400k 43 44 6 0.2 5.9
401k-425k 24 31 2 0.2 4.6
426k-450k 29 40 4 0.2 4.4
451k-475k 26 47 6 0.3 3.3
476k-500k 25 40 6 0.3 3.8
501k-550k 39 70 10 0.3 3.3
551k-600k 56 53 6 0.2 6.3
601k-650k 38 54 9 0.2 4.2
651k-700k 25 39 8 0.3 3.8
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 25 13 5 0.1 11.5
901k-950k 10 3 1 0.1 20
951k-1m 4 6 0.3 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 0.2 0
101k-125k 11 5 1 0.1 13.2
126k-150k 12 25 8 0.3 2.9
151k-175k 31 38 5 0.2 4.9
176k-200k 83 67 8 0.1 7.4
201k-225k 114 87 9 0.1 7.9
226k-250k 115 121 13 0.2 5.7
251k-275k 115 100 8 0.1 6.9
276k-300k 126 126 22 0.2 6
301k-325k 80 105 9 0.2 4.6
326k-350k 86 96 6 0.2 5.4
351k-375k 54 53 5 0.2 6.1
376k-400k 72 69 8 0.2 6.3
401k-425k 37 56 9 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 52 37 8 0.1 8.4
551k-600k 26 30 4 0.2 5.2
601k-650k 24 27 1 0.2 5.3
651k-700k 23 18 2 0.1 7.7
701k-750k 17 9 0.1 11.3
751k-800k 11 8 3 0.1 8.3
801k-850k 11 11 1 0.2 6
851k-900k 10 6 0.1 10
901k-950k 3 4 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 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 6 4 0.1 9
26k-50k 36 19 1 0.1 11.4
51k-75k 58 32 6 0.1 10.9
76k-100k 62 22 3 0.1 16.9
101k-125k 34 8 0 25.5
126k-150k 31 7 3 0 26.6
151k-175k 21 1 1 0 126
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 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 3 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