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 0.2 0
51k-75k 4 6 0.3 4
76k-100k 5 10 1 0.3 3
101k-125k 9 31 5 0.6 1.7
126k-150k 26 65 4 0.4 2.4
151k-175k 56 76 13 0.2 4.4
176k-200k 70 93 21 0.2 4.5
201k-225k 91 110 12 0.2 5
226k-250k 102 123 28 0.2 5
251k-275k 124 115 20 0.2 6.5
276k-300k 147 129 25 0.1 6.8
301k-325k 88 98 13 0.2 5.4
326k-350k 126 116 20 0.2 6.5
351k-375k 92 79 11 0.1 7
376k-400k 107 99 17 0.2 6.5
401k-425k 77 77 11 0.2 6
426k-450k 69 79 12 0.2 5.2
451k-475k 47 54 8 0.2 5.2
476k-500k 66 82 16 0.2 4.8
501k-550k 90 134 12 0.2 4
551k-600k 80 122 13 0.3 3.9
601k-650k 52 124 18 0.4 2.5
651k-700k 45 122 18 0.5 2.2
701k-750k 42 81 3 0.3 3.1
751k-800k 27 95 17 0.6 1.7
801k-850k 33 71 7 0.4 2.8
851k-900k 32 76 7 0.4 2.5
901k-950k 31 41 1 0.2 4.5
951k-1m 24 42 1 0.3 3.4
1m-1.1m 29 68 7 0.4 2.6
1.1m-1.2m 33 59 10 0.3 3.4
1.2m-1.3m 27 48 3 0.3 3.4
1.3m-1.4m 20 37 5 0.3 3.2
1.4m-1.5m 20 35 4 0.3 3.4
1.5m-1.6m 15 23 2 0.3 3.9
1.6m-1.7m 9 27 3 0.5 2
1.7m-1.8m 15 17 0.2 5.3
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 12 14 3 0.2 5.1
2m-2.25m 22 23 3 0.2 5.7
2.25m-2.5m 16 33 4 0.3 2.9
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 14 17 2 0.2 4.9
3m-3.5m 20 16 2 0.1 7.5
3.5m-4m 20 12 2 0.1 10
4m-4.5m 11 5 2 0.1 13.2
4.5m-5m 9 5 2 0.1 10.8
5.01m-6m 12 9 2 0.1 8
6.01m-7m 3 1 0.1 18
7.01m-8m 3 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 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 2 1 0.3 0
101k-125k 2 3 0.3 4
126k-150k 5 6 0.2 5
151k-175k 6 7 1 0.2 5.1
176k-200k 18 8 2 0.1 13.5
201k-225k 23 18 2 0.1 7.7
226k-250k 27 27 4 0.2 6
251k-275k 23 24 3 0.2 5.8
276k-300k 22 38 3 0.3 3.5
301k-325k 13 19 0.2 4.1
326k-350k 25 33 0.2 4.5
351k-375k 14 30 3 0.4 2.8
376k-400k 48 38 3 0.1 7.6
401k-425k 21 31 4 0.2 4.1
426k-450k 30 45 10 0.3 4
451k-475k 25 42 4 0.3 3.6
476k-500k 32 37 4 0.2 5.2
501k-550k 49 63 5 0.2 4.7
551k-600k 38 45 8 0.2 5.1
601k-650k 36 52 11 0.2 4.2
651k-700k 21 41 6 0.3 3.1
701k-750k 26 25 4 0.2 6.2
751k-800k 23 25 2 0.2 5.5
801k-850k 12 8 0.1 9
851k-900k 20 15 2 0.1 8
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 11 9 3 0.1 7.3
1.1m-1.2m 9 8 0.1 6.8
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 1 6 1 1
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 1 2 0.3 3
1.9m-2m 1 0.2 0
2m-2.25m 2 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 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 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 1 1 1 0.2 6
101k-125k 9 6 3 0.1 9
126k-150k 17 22 4 0.2 4.6
151k-175k 34 32 4 0.2 6.4
176k-200k 80 67 9 0.1 7.2
201k-225k 111 87 13 0.1 7.7
226k-250k 109 109 11 0.2 6
251k-275k 116 108 15 0.2 6.4
276k-300k 127 103 9 0.1 7.4
301k-325k 61 104 16 0.3 3.5
326k-350k 90 91 4 0.2 5.9
351k-375k 54 48 6 0.1 6.8
376k-400k 59 68 12 0.2 5.2
401k-425k 32 50 2 0.3 3.8
426k-450k 33 25 1 0.1 7.9
451k-475k 30 31 1 0.2 5.8
476k-500k 39 37 4 0.2 6.3
501k-550k 42 37 7 0.1 6.8
551k-600k 28 28 2 0.2 6
601k-650k 24 27 3 0.2 5.3
651k-700k 18 16 2 0.1 6.8
701k-750k 12 9 1 0.1 8
751k-800k 14 8 0.1 10.5
801k-850k 9 9 1 0.2 6
851k-900k 8 10 4 0.2 4.8
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 8 4 1 0.1 12
1.1m-1.2m 12 0
1.2m-1.3m 5 9 1 0.3 3.3
1.3m-1.4m 6 4 3 0.1 9
1.4m-1.5m 8 3 1 0.1 16
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 5 0
1.7m-1.8m 7 2 0 21
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 3 3 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
11.01m-12m 1 0

Land 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 6 4 0.1 9
26k-50k 41 20 4 0.1 12.3
51k-75k 62 34 4 0.1 10.9
76k-100k 58 20 3 0.1 17.4
101k-125k 38 9 1 0 25.3
126k-150k 29 8 1 0 21.8
151k-175k 22 2 0 66
176k-200k 6 4 1 0.1 9
201k-225k 3 1 0.1 18
226k-250k 8 1 0 48
251k-275k 2 0
276k-300k 9 0
301k-325k 3 1 0.1 18
326k-350k 6 3 0.1 12
351k-375k 2 3 0.3 4
376k-400k 5 1 0 30
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 6 4 0.1 9
651k-700k 7 2 0 21
701k-750k 8 1 0 48
751k-800k 7 0
801k-850k 4 2 0.1 12
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 1 0.5 2
1.2m-1.3m 4 1 0 24
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 4 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 1 1 0.1 18
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
3m-3.5m 2 1 0.1 12
3.5m-4m 2 0
5.01m-6m 2 0
6.01m-7m 1 0