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 8 1 1.3 0.8
76k-100k 3 9 4 0.5 2
101k-125k 8 29 3 0.6 1.7
126k-150k 19 70 17 0.6 1.6
151k-175k 45 73 12 0.3 3.7
176k-200k 68 89 20 0.2 4.6
201k-225k 76 117 16 0.3 3.9
226k-250k 122 107 17 0.1 6.8
251k-275k 114 126 18 0.2 5.4
276k-300k 154 133 19 0.1 6.9
301k-325k 96 102 11 0.2 5.6
326k-350k 120 115 26 0.2 6.3
351k-375k 98 89 17 0.2 6.6
376k-400k 125 101 10 0.1 7.4
401k-425k 71 73 8 0.2 5.8
426k-450k 75 79 16 0.2 5.7
451k-475k 51 58 7 0.2 5.3
476k-500k 80 79 7 0.2 6.1
501k-550k 98 134 17 0.2 4.4
551k-600k 94 128 15 0.2 4.4
601k-650k 68 120 23 0.3 3.4
651k-700k 50 133 28 0.4 2.3
701k-750k 40 85 12 0.4 2.8
751k-800k 43 83 18 0.3 3.1
801k-850k 30 71 12 0.4 2.5
851k-900k 35 85 9 0.4 2.5
901k-950k 35 48 2 0.2 4.4
951k-1m 21 43 5 0.3 2.9
1m-1.1m 38 66 11 0.3 3.5
1.1m-1.2m 38 56 8 0.2 4.1
1.2m-1.3m 23 57 7 0.4 2.4
1.3m-1.4m 19 40 10 0.4 2.9
1.4m-1.5m 22 38 6 0.3 3.5
1.5m-1.6m 14 28 5 0.3 3
1.6m-1.7m 12 24 6 0.3 3
1.7m-1.8m 12 19 7 0.3 3.8
1.8m-1.9m 8 16 2 0.3 3
1.9m-2m 17 12 2 0.1 8.5
2m-2.25m 24 25 1 0.2 5.8
2.25m-2.5m 20 33 7 0.3 3.6
2.5m-2.75m 23 11 2 0.1 12.5
2.75m-3m 18 16 2 0.1 6.8
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 16 7 2 0.1 13.7
6.01m-7m 2 2 0.2 6
7.01m-8m 1 0
8.01m-9m 4 2 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 4 5 1 0.2 4.8
151k-175k 5 4 0.1 7.5
176k-200k 18 8 1 0.1 13.5
201k-225k 19 20 4 0.2 5.7
226k-250k 31 28 3 0.2 6.6
251k-275k 21 22 4 0.2 5.7
276k-300k 28 42 5 0.3 4
301k-325k 11 18 2 0.3 3.7
326k-350k 26 35 4 0.2 4.5
351k-375k 17 25 2 0.2 4.1
376k-400k 45 48 9 0.2 5.6
401k-425k 26 31 1 0.2 5
426k-450k 32 40 3 0.2 4.8
451k-475k 27 51 5 0.3 3.2
476k-500k 24 40 7 0.3 3.6
501k-550k 40 71 10 0.3 3.4
551k-600k 60 53 7 0.1 6.8
601k-650k 38 53 9 0.2 4.3
651k-700k 28 38 8 0.2 4.4
701k-750k 32 28 4 0.1 6.9
751k-800k 30 22 1 0.1 8.2
801k-850k 15 12 3 0.1 7.5
851k-900k 24 13 5 0.1 11.1
901k-950k 9 3 1 0.1 18
951k-1m 6 7 0.2 5.1
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 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 5 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 12 4 0.1 18
126k-150k 10 24 8 0.4 2.5
151k-175k 34 37 5 0.2 5.5
176k-200k 86 67 8 0.1 7.7
201k-225k 115 89 13 0.1 7.8
226k-250k 116 123 19 0.2 5.7
251k-275k 119 104 12 0.1 6.9
276k-300k 130 129 26 0.2 6
301k-325k 82 109 10 0.2 4.5
326k-350k 88 102 7 0.2 5.2
351k-375k 55 52 7 0.2 6.3
376k-400k 70 74 8 0.2 5.7
401k-425k 38 55 8 0.2 4.1
426k-450k 33 33 5 0.2 6
451k-475k 26 36 3 0.2 4.3
476k-500k 43 35 5 0.1 7.4
501k-550k 58 35 7 0.1 9.9
551k-600k 28 31 4 0.2 5.4
601k-650k 22 29 2 0.2 4.6
651k-700k 25 19 2 0.1 7.9
701k-750k 16 9 1 0.1 10.7
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 1 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 8 8 2 0.2 6
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 4 1 0 24
2m-2.25m 5 2 0.1 15
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 5 1 0.4 2.4
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 43 19 1 0.1 13.6
51k-75k 64 30 4 0.1 12.8
76k-100k 68 22 3 0.1 18.5
101k-125k 35 8 1 0 26.3
126k-150k 33 7 4 0 28.3
151k-175k 23 1 1 0 138
176k-200k 10 2 0 30
201k-225k 5 1 0 30
226k-250k 9 2 0 27
251k-275k 2 1 0.1 12
276k-300k 9 0
301k-325k 3 5 1 0.3 3.6
326k-350k 5 3 1 0.1 10
351k-375k 1 2 0.3 3
376k-400k 4 1 0 24
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 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 2 0.3 4
1.2m-1.3m 4 1 0 24
1.3m-1.4m 3 0
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 4 0
1.6m-1.7m 2 1 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