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 25% 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 6 10 2 0.3 3.6
101k-125k 12 30 2 0.4 2.4
126k-150k 22 61 3 0.5 2.2
151k-175k 41 85 21 0.3 2.9
176k-200k 70 88 16 0.2 4.8
201k-225k 82 111 17 0.2 4.4
226k-250k 109 119 22 0.2 5.5
251k-275k 107 115 22 0.2 5.6
276k-300k 130 123 20 0.2 6.3
301k-325k 75 100 10 0.2 4.5
326k-350k 109 111 13 0.2 5.9
351k-375k 78 78 15 0.2 6
376k-400k 86 101 15 0.2 5.1
401k-425k 65 80 12 0.2 4.9
426k-450k 68 77 8 0.2 5.3
451k-475k 37 47 5 0.2 4.7
476k-500k 63 77 9 0.2 4.9
501k-550k 76 127 12 0.3 3.6
551k-600k 74 115 10 0.3 3.9
601k-650k 46 117 17 0.4 2.4
651k-700k 40 113 12 0.5 2.1
701k-750k 37 79 3 0.4 2.8
751k-800k 22 95 14 0.7 1.4
801k-850k 31 68 4 0.4 2.7
851k-900k 25 76 9 0.5 2
901k-950k 28 39 1 0.2 4.3
951k-1m 21 46 5 0.4 2.7
1m-1.1m 21 63 6 0.5 2
1.1m-1.2m 26 59 10 0.4 2.6
1.2m-1.3m 25 48 4 0.3 3.1
1.3m-1.4m 16 35 6 0.4 2.7
1.4m-1.5m 17 33 3 0.3 3.1
1.5m-1.6m 13 23 2 0.3 3.4
1.6m-1.7m 9 27 2 0.5 2
1.7m-1.8m 10 18 1 0.3 3.3
1.8m-1.9m 9 15 2 0.3 3.6
1.9m-2m 7 15 1 0.4 2.8
2m-2.25m 17 23 2 0.2 4.4
2.25m-2.5m 12 34 4 0.5 2.1
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 11 17 1 0.3 3.9
3m-3.5m 16 16 0.2 6
3.5m-4m 17 10 0.1 10.2
4m-4.5m 10 6 1 0.1 10
4.5m-5m 8 5 0.1 9.6
5.01m-6m 10 9 0.2 6.7
6.01m-7m 3 1 0.1 18
7.01m-8m 2 0
8.01m-9m 1 3 0.5 2
9.01m-10m 1 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 23% 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 5 0.2 4.8
151k-175k 4 8 2 0.3 3
176k-200k 16 9 3 0.1 10.7
201k-225k 20 18 3 0.2 6.7
226k-250k 25 22 3 0.1 6.8
251k-275k 20 24 3 0.2 5
276k-300k 19 37 2 0.3 3.1
301k-325k 10 19 2 0.3 3.2
326k-350k 21 32 0.3 3.9
351k-375k 12 31 2 0.4 2.3
376k-400k 39 41 8 0.2 5.7
401k-425k 17 31 4 0.3 3.3
426k-450k 27 43 7 0.3 3.8
451k-475k 22 41 4 0.3 3.2
476k-500k 28 35 4 0.2 4.8
501k-550k 44 60 5 0.2 4.4
551k-600k 27 45 6 0.3 3.6
601k-650k 30 52 7 0.3 3.5
651k-700k 19 39 3 0.3 2.9
701k-750k 25 22 3 0.1 6.8
751k-800k 18 22 0.2 4.9
801k-850k 10 9 1 0.2 6.7
851k-900k 19 14 2 0.1 8.1
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 6 8 3 0.2 4.5
1.1m-1.2m 6 7 1 0.2 5.1
1.2m-1.3m 8 4 0.1 12
1.3m-1.4m 7 1 1.2 0
1.4m-1.5m 1 3 0.5 2
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 15% 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 1 1 0.2 0
101k-125k 6 7 2 0.2 5.1
126k-150k 15 23 1 0.3 3.9
151k-175k 31 32 4 0.2 5.8
176k-200k 67 64 9 0.2 6.3
201k-225k 100 83 12 0.1 7.2
226k-250k 99 109 13 0.2 5.4
251k-275k 103 107 8 0.2 5.8
276k-300k 109 102 14 0.2 6.4
301k-325k 54 100 15 0.3 3.2
326k-350k 74 89 3 0.2 5
351k-375k 51 49 3 0.2 6.2
376k-400k 52 66 7 0.2 4.7
401k-425k 30 45 2 0.3 4
426k-450k 27 26 2 0.2 6.2
451k-475k 26 31 2 0.2 5
476k-500k 35 33 2 0.2 6.4
501k-550k 37 36 4 0.2 6.2
551k-600k 25 25 0.2 6
601k-650k 20 26 2 0.2 4.6
651k-700k 16 16 1 0.2 6
701k-750k 13 7 1 0.1 11.1
751k-800k 14 7 0.1 12
801k-850k 7 9 2 0.2 4.7
851k-900k 7 10 3 0.2 4.2
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 6 7 3 0.2 5.1
1.1m-1.2m 14 0
1.2m-1.3m 5 9 0.3 3.3
1.3m-1.4m 6 4 1 0.1 9
1.4m-1.5m 6 3 1 0.1 12
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 4 0
1.7m-1.8m 6 2 0.1 18
1.8m-1.9m 3 0
1.9m-2m 6 1 0 36
2m-2.25m 5 1 0 30
2.25m-2.5m 5 1 0 30
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 3 0.3 4
3m-3.5m 2 3 0.3 4
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 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 3 0.5 2
26k-50k 29 19 4 0.1 9.2
51k-75k 46 31 2 0.1 8.9
76k-100k 42 21 2 0.1 12
101k-125k 33 5 0 39.6
126k-150k 22 6 0 22
151k-175k 20 2 0 60
176k-200k 6 2 0.1 18
201k-225k 3 2 0.1 9
226k-250k 6 1 0 36
251k-275k 1 0
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 5 4 1 0.1 7.5
351k-375k 2 3 0.3 4
376k-400k 3 1 0.1 18
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 5 3 0.1 10
601k-650k 1 0
651k-700k 6 3 0.1 12
701k-750k 9 1 0 54
751k-800k 7 0
801k-850k 3 2 0.1 9
851k-900k 6 2 1 0.1 18
901k-950k 2 1 0.1 12
951k-1m 6 2 0.1 18
1m-1.1m 2 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 3 0
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 3 1 1 0.1 18
1.8m-1.9m 1 0
2m-2.25m 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