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 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
26k-50k 1 1 0.2 0
51k-75k 2 6 1 0.5 2
76k-100k 3 9 3 0.5 2
101k-125k 7 30 3 0.7 1.4
126k-150k 20 65 16 0.5 1.8
151k-175k 42 71 7 0.3 3.5
176k-200k 62 92 18 0.2 4
201k-225k 77 119 18 0.3 3.9
226k-250k 118 110 18 0.2 6.4
251k-275k 110 121 16 0.2 5.5
276k-300k 145 132 23 0.2 6.6
301k-325k 90 104 11 0.2 5.2
326k-350k 124 117 26 0.2 6.4
351k-375k 95 88 12 0.2 6.5
376k-400k 112 108 18 0.2 6.2
401k-425k 72 73 7 0.2 5.9
426k-450k 74 79 17 0.2 5.6
451k-475k 49 55 5 0.2 5.3
476k-500k 74 77 7 0.2 5.8
501k-550k 91 137 19 0.3 4
551k-600k 92 123 10 0.2 4.5
601k-650k 62 118 15 0.3 3.2
651k-700k 43 130 23 0.5 2
701k-750k 40 82 11 0.3 2.9
751k-800k 39 87 19 0.4 2.7
801k-850k 27 71 11 0.4 2.3
851k-900k 29 81 10 0.5 2.1
901k-950k 32 48 3 0.3 4
951k-1m 21 44 7 0.3 2.9
1m-1.1m 36 64 2 0.3 3.4
1.1m-1.2m 37 56 7 0.3 4
1.2m-1.3m 23 53 5 0.4 2.6
1.3m-1.4m 20 40 8 0.3 3
1.4m-1.5m 23 33 3 0.2 4.2
1.5m-1.6m 12 25 3 0.3 2.9
1.6m-1.7m 9 29 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 15 13 2 0.1 6.9
2m-2.25m 23 24 1 0.2 5.8
2.25m-2.5m 18 32 6 0.3 3.4
2.5m-2.75m 24 11 1 0.1 13.1
2.75m-3m 17 17 2 0.2 6
3m-3.5m 23 16 1 0.1 8.6
3.5m-4m 18 14 2 0.1 7.7
4m-4.5m 16 5 2 0.1 19.2
4.5m-5m 9 5 2 0.1 10.8
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 6 4 0.1 9
176k-200k 20 8 1 0.1 15
201k-225k 20 19 2 0.2 6.3
226k-250k 30 29 3 0.2 6.2
251k-275k 21 22 4 0.2 5.7
276k-300k 24 43 5 0.3 3.3
301k-325k 11 18 1 0.3 3.7
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 30 40 4 0.2 4.5
451k-475k 27 46 6 0.3 3.5
476k-500k 24 40 5 0.3 3.6
501k-550k 38 71 9 0.3 3.2
551k-600k 56 52 7 0.2 6.5
601k-650k 37 56 9 0.3 4
651k-700k 24 39 8 0.3 3.7
701k-750k 32 27 3 0.1 7.1
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 13 6 0.1 13
1.1m-1.2m 7 9 1 0.2 4.7
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 10 5 1 0.1 12
126k-150k 12 25 8 0.3 2.9
151k-175k 30 38 5 0.2 4.7
176k-200k 82 70 11 0.1 7
201k-225k 112 85 9 0.1 7.9
226k-250k 114 121 14 0.2 5.7
251k-275k 114 105 11 0.2 6.5
276k-300k 128 123 20 0.2 6.2
301k-325k 80 105 7 0.2 4.6
326k-350k 89 96 5 0.2 5.6
351k-375k 53 54 6 0.2 5.9
376k-400k 70 67 8 0.2 6.3
401k-425k 35 57 9 0.3 3.7
426k-450k 31 30 4 0.2 6.2
451k-475k 26 36 2 0.2 4.3
476k-500k 43 35 5 0.1 7.4
501k-550k 53 37 9 0.1 8.6
551k-600k 25 30 4 0.2 5
601k-650k 24 28 2 0.2 5.1
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 10 6 0.1 10
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 7 2 2 0 21
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 57 32 6 0.1 10.7
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 22 1 1 0 132
176k-200k 8 3 1 0.1 16
201k-225k 4 1 0 24
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