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 1 0.2 0
51k-75k 1 7 1 1.2 0.9
76k-100k 4 9 4 0.4 2.7
101k-125k 8 29 3 0.6 1.7
126k-150k 20 70 17 0.6 1.7
151k-175k 46 72 12 0.3 3.8
176k-200k 66 90 21 0.2 4.4
201k-225k 76 121 18 0.3 3.8
226k-250k 124 107 16 0.1 7
251k-275k 115 125 18 0.2 5.5
276k-300k 153 133 23 0.1 6.9
301k-325k 96 104 12 0.2 5.5
326k-350k 122 116 27 0.2 6.3
351k-375k 96 90 17 0.2 6.4
376k-400k 124 102 11 0.1 7.3
401k-425k 71 74 9 0.2 5.8
426k-450k 74 80 17 0.2 5.6
451k-475k 51 58 6 0.2 5.3
476k-500k 80 78 7 0.2 6.2
501k-550k 95 137 20 0.2 4.2
551k-600k 96 127 12 0.2 4.5
601k-650k 66 120 19 0.3 3.3
651k-700k 48 133 27 0.5 2.2
701k-750k 40 84 12 0.4 2.9
751k-800k 39 87 21 0.4 2.7
801k-850k 30 69 9 0.4 2.6
851k-900k 34 85 11 0.4 2.4
901k-950k 35 48 2 0.2 4.4
951k-1m 21 43 5 0.3 2.9
1m-1.1m 38 65 9 0.3 3.5
1.1m-1.2m 39 55 6 0.2 4.3
1.2m-1.3m 24 57 8 0.4 2.5
1.3m-1.4m 18 42 12 0.4 2.6
1.4m-1.5m 22 35 5 0.3 3.8
1.5m-1.6m 14 27 4 0.3 3.1
1.6m-1.7m 13 26 6 0.3 3
1.7m-1.8m 13 18 5 0.2 4.3
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 8 3 0.1 12
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 18 20 4 0.2 5.4
226k-250k 32 28 3 0.1 6.9
251k-275k 21 22 4 0.2 5.7
276k-300k 28 42 4 0.3 4
301k-325k 11 18 2 0.3 3.7
326k-350k 26 35 4 0.2 4.5
351k-375k 17 26 3 0.3 3.9
376k-400k 45 46 8 0.2 5.9
401k-425k 26 32 1 0.2 4.9
426k-450k 33 41 3 0.2 4.8
451k-475k 27 50 5 0.3 3.2
476k-500k 25 41 7 0.3 3.7
501k-550k 40 69 10 0.3 3.5
551k-600k 58 53 6 0.2 6.6
601k-650k 36 54 10 0.3 4
651k-700k 27 39 9 0.2 4.2
701k-750k 32 28 4 0.1 6.9
751k-800k 29 23 2 0.1 7.6
801k-850k 14 13 4 0.2 6.5
851k-900k 24 13 5 0.1 11.1
901k-950k 10 3 1 0.1 20
951k-1m 5 7 0.2 4.3
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 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 5 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 11 5 1 0.1 13.2
126k-150k 10 24 8 0.4 2.5
151k-175k 32 38 6 0.2 5.1
176k-200k 85 67 8 0.1 7.6
201k-225k 115 89 10 0.1 7.8
226k-250k 117 124 19 0.2 5.7
251k-275k 119 102 10 0.1 7
276k-300k 130 129 26 0.2 6
301k-325k 81 109 10 0.2 4.5
326k-350k 88 101 7 0.2 5.2
351k-375k 55 54 7 0.2 6.1
376k-400k 70 71 8 0.2 5.9
401k-425k 37 56 9 0.3 4
426k-450k 34 33 5 0.2 6.2
451k-475k 26 36 2 0.2 4.3
476k-500k 43 36 5 0.1 7.2
501k-550k 57 36 8 0.1 9.5
551k-600k 28 30 4 0.2 5.6
601k-650k 22 29 1 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 7 9 3 0.2 4.7
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 2 0.3 3
2.75m-3m 2 4 0.3 3
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 42 19 1 0.1 13.3
51k-75k 64 31 5 0.1 12.4
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 7 2 0 21
251k-275k 2 1 0.1 12
276k-300k 9 0
301k-325k 3 3 0.2 6
326k-350k 5 3 1 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 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