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 1 0.2 0
51k-75k 1 6 1 1 1
76k-100k 4 9 3 0.4 2.7
101k-125k 7 29 2 0.7 1.4
126k-150k 20 67 17 0.6 1.8
151k-175k 46 71 7 0.3 3.9
176k-200k 67 93 22 0.2 4.3
201k-225k 77 120 18 0.3 3.9
226k-250k 125 108 16 0.1 6.9
251k-275k 117 123 16 0.2 5.7
276k-300k 152 134 23 0.1 6.8
301k-325k 94 104 12 0.2 5.4
326k-350k 127 116 25 0.2 6.6
351k-375k 96 89 15 0.2 6.5
376k-400k 123 102 12 0.1 7.2
401k-425k 70 73 9 0.2 5.8
426k-450k 75 80 16 0.2 5.6
451k-475k 55 54 5 0.2 6.1
476k-500k 79 78 7 0.2 6.1
501k-550k 93 135 16 0.2 4.1
551k-600k 95 126 11 0.2 4.5
601k-650k 64 120 16 0.3 3.2
651k-700k 48 131 25 0.5 2.2
701k-750k 41 82 12 0.3 3
751k-800k 40 88 21 0.4 2.7
801k-850k 29 70 8 0.4 2.5
851k-900k 35 83 8 0.4 2.5
901k-950k 35 48 2 0.2 4.4
951k-1m 22 43 6 0.3 3.1
1m-1.1m 37 64 6 0.3 3.5
1.1m-1.2m 39 56 7 0.2 4.2
1.2m-1.3m 23 57 8 0.4 2.4
1.3m-1.4m 19 40 10 0.4 2.9
1.4m-1.5m 24 34 3 0.2 4.2
1.5m-1.6m 14 27 3 0.3 3.1
1.6m-1.7m 10 27 6 0.5 2.2
1.7m-1.8m 13 18 4 0.2 4.3
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 17 13 2 0.1 7.8
2m-2.25m 23 25 1 0.2 5.5
2.25m-2.5m 19 32 6 0.3 3.6
2.5m-2.75m 23 11 3 0.1 12.5
2.75m-3m 17 17 2 0.2 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 19% 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 19 20 3 0.2 5.7
226k-250k 31 28 3 0.2 6.6
251k-275k 22 22 4 0.2 6
276k-300k 29 42 5 0.2 4.1
301k-325k 11 18 1 0.3 3.7
326k-350k 25 36 4 0.2 4.2
351k-375k 16 28 3 0.3 3.4
376k-400k 45 44 6 0.2 6.1
401k-425k 26 32 2 0.2 4.9
426k-450k 30 42 4 0.2 4.3
451k-475k 26 48 6 0.3 3.3
476k-500k 26 40 7 0.3 3.9
501k-550k 39 70 10 0.3 3.3
551k-600k 58 53 6 0.2 6.6
601k-650k 38 54 9 0.2 4.2
651k-700k 27 39 8 0.2 4.2
701k-750k 33 27 3 0.1 7.3
751k-800k 28 24 2 0.1 7
801k-850k 14 10 2 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 1 0.2 6
101k-125k 11 5 1 0.1 13.2
126k-150k 12 25 9 0.3 2.9
151k-175k 33 38 5 0.2 5.2
176k-200k 85 67 8 0.1 7.6
201k-225k 116 88 9 0.1 7.9
226k-250k 118 123 14 0.2 5.8
251k-275k 119 100 9 0.1 7.1
276k-300k 128 127 22 0.2 6
301k-325k 83 107 9 0.2 4.7
326k-350k 91 99 6 0.2 5.5
351k-375k 55 54 5 0.2 6.1
376k-400k 72 71 8 0.2 6.1
401k-425k 38 56 9 0.2 4.1
426k-450k 32 31 4 0.2 6.2
451k-475k 26 36 2 0.2 4.3
476k-500k 43 34 4 0.1 7.6
501k-550k 54 37 10 0.1 8.8
551k-600k 26 30 4 0.2 5.2
601k-650k 24 29 1 0.2 5
651k-700k 24 18 2 0.1 8
701k-750k 17 9 0.1 11.3
751k-800k 11 8 3 0.1 8.3
801k-850k 12 11 1 0.2 6.5
851k-900k 10 7 0.1 8.6
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 7 9 3 0.2 4.7
1.3m-1.4m 8 1 1 0 48
1.4m-1.5m 10 5 0.1 12
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 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 6 4 0.1 9
26k-50k 42 19 1 0.1 13.3
51k-75k 61 32 6 0.1 11.4
76k-100k 66 22 3 0.1 18
101k-125k 36 8 0 27
126k-150k 32 7 3 0 27.4
151k-175k 23 1 1 0 138
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 8 2 0 24
701k-750k 10 2 0 30
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 4 1 0 24
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