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 0.2 0
51k-75k 1 6 1 1
76k-100k 5 11 2 0.4 2.7
101k-125k 13 27 2 0.3 2.9
126k-150k 21 58 5 0.5 2.2
151k-175k 40 92 22 0.4 2.6
176k-200k 70 87 10 0.2 4.8
201k-225k 85 105 13 0.2 4.9
226k-250k 108 122 22 0.2 5.3
251k-275k 119 110 15 0.2 6.5
276k-300k 130 121 19 0.2 6.4
301k-325k 84 100 9 0.2 5
326k-350k 105 103 8 0.2 6.1
351k-375k 81 78 12 0.2 6.2
376k-400k 88 105 15 0.2 5
401k-425k 74 78 8 0.2 5.7
426k-450k 71 76 5 0.2 5.6
451k-475k 43 49 5 0.2 5.3
476k-500k 65 75 7 0.2 5.2
501k-550k 80 131 11 0.3 3.7
551k-600k 84 113 10 0.2 4.5
601k-650k 55 111 10 0.3 3
651k-700k 45 109 7 0.4 2.5
701k-750k 38 87 7 0.4 2.6
751k-800k 24 84 7 0.6 1.7
801k-850k 26 74 8 0.5 2.1
851k-900k 28 71 8 0.4 2.4
901k-950k 25 39 2 0.3 3.8
951k-1m 17 47 9 0.5 2.2
1m-1.1m 29 62 2 0.4 2.8
1.1m-1.2m 27 56 7 0.3 2.9
1.2m-1.3m 27 45 2 0.3 3.6
1.3m-1.4m 18 34 3 0.3 3.2
1.4m-1.5m 16 33 5 0.3 2.9
1.5m-1.6m 14 24 2 0.3 3.5
1.6m-1.7m 9 26 0.5 2.1
1.7m-1.8m 12 20 2 0.3 3.6
1.8m-1.9m 7 15 2 0.4 2.8
1.9m-2m 4 12 0.5 2
2m-2.25m 18 24 1 0.2 4.5
2.25m-2.5m 15 31 3 0.3 2.9
2.5m-2.75m 21 10 0.1 12.6
2.75m-3m 12 11 0.2 6.5
3m-3.5m 17 17 0.2 6
3.5m-4m 19 12 2 0.1 9.5
4m-4.5m 9 8 2 0.1 6.8
4.5m-5m 8 3 0.1 16
5.01m-6m 11 9 0.1 7.3
6.01m-7m 3 1 0.1 18
7.01m-8m 1 1 0.2 6
8.01m-9m 1 2 0.3 3
9.01m-10m 1 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 17% 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 3 0.1 8
151k-175k 3 9 2 0.5 2
176k-200k 17 10 4 0.1 10.2
201k-225k 19 16 0.1 7.1
226k-250k 34 21 2 0.1 9.7
251k-275k 22 22 0.2 6
276k-300k 24 30 0.2 4.8
301k-325k 11 19 3 0.3 3.5
326k-350k 18 35 4 0.3 3.1
351k-375k 11 29 3 0.4 2.3
376k-400k 43 43 8 0.2 6
401k-425k 15 31 2 0.3 2.9
426k-450k 20 48 8 0.4 2.5
451k-475k 24 40 6 0.3 3.6
476k-500k 29 37 4 0.2 4.7
501k-550k 47 62 5 0.2 4.5
551k-600k 34 40 7 0.2 5.1
601k-650k 29 53 6 0.3 3.3
651k-700k 20 38 4 0.3 3.2
701k-750k 22 22 1 0.2 6
751k-800k 21 21 1 0.2 6
801k-850k 13 8 1 0.1 9.8
851k-900k 17 13 2 0.1 7.8
901k-950k 12 3 1 0 24
951k-1m 8 4 0.1 12
1m-1.1m 8 8 3 0.2 6
1.1m-1.2m 8 10 3 0.2 4.8
1.2m-1.3m 8 5 0.1 9.6
1.3m-1.4m 6 1 0
1.4m-1.5m 1 4 1 0.7 1.5
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 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 1 0.2 0
26k-50k 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 1 3 3 0.5 2
101k-125k 4 10 4 0.4 2.4
126k-150k 22 21 3 0.2 6.3
151k-175k 39 34 5 0.1 6.9
176k-200k 72 61 10 0.1 7.1
201k-225k 110 78 7 0.1 8.5
226k-250k 111 105 10 0.2 6.3
251k-275k 101 108 10 0.2 5.6
276k-300k 126 104 15 0.1 7.3
301k-325k 65 89 5 0.2 4.4
326k-350k 82 84 3 0.2 5.9
351k-375k 51 46 6 0.2 6.7
376k-400k 63 62 3 0.2 6.1
401k-425k 38 42 2 0.2 5.4
426k-450k 25 25 3 0.2 6
451k-475k 25 31 2 0.2 4.8
476k-500k 35 35 2 0.2 6
501k-550k 38 33 3 0.1 6.9
551k-600k 30 25 1 0.1 7.2
601k-650k 19 23 2 0.2 5
651k-700k 17 14 1 0.1 7.3
701k-750k 14 7 1 0.1 12
751k-800k 13 6 0.1 13
801k-850k 9 9 1 0.2 6
851k-900k 6 7 1 0.2 5.1
901k-950k 4 3 0.1 8
951k-1m 5 3 0.1 10
1m-1.1m 7 7 3 0.2 6
1.1m-1.2m 13 2 0 39
1.2m-1.3m 6 7 0.2 5.1
1.3m-1.4m 6 3 0.1 12
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 5 0
1.7m-1.8m 6 1 0 36
1.8m-1.9m 3 0
1.9m-2m 6 2 1 0.1 18
2m-2.25m 3 2 1 0.1 9
2.25m-2.5m 5 1 0 30
2.5m-2.75m 2 2 0.2 6
2.75m-3m 2 3 0.3 4
3m-3.5m 2 2 0.2 6
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 9% 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 31 19 2 0.1 9.8
51k-75k 46 28 1 0.1 9.9
76k-100k 49 20 1 0.1 14.7
101k-125k 35 7 1 0 30
126k-150k 25 4 0 37.5
151k-175k 22 2 0 66
176k-200k 6 2 0.1 18
201k-225k 3 2 0.1 9
226k-250k 3 1 0.1 18
251k-275k 2 1 1 0.1 12
276k-300k 7 1 0 42
301k-325k 3 0
326k-350k 5 5 1 0.2 6
351k-375k 4 2 0.1 12
376k-400k 3 1 0.1 18
426k-450k 2 1 0.1 12
451k-475k 1 0
476k-500k 1 2 0.3 3
501k-550k 1 1 0.2 6
551k-600k 7 3 0.1 14
601k-650k 1 0
651k-700k 5 2 0.1 15
701k-750k 8 2 1 0 24
751k-800k 6 0
801k-850k 4 1 0 24
851k-900k 7 2 1 0 21
901k-950k 3 1 0.1 18
951k-1m 5 3 0.1 10
1m-1.1m 3 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 1 0
1.4m-1.5m 1 0.2 0
1.5m-1.6m 3 0
1.6m-1.7m 1 0.2 0
1.7m-1.8m 3 0
1.8m-1.9m 1 0
2m-2.25m 1 0
2.25m-2.5m 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