Absorption Report

Atlanta, Jonesboro Lot 3


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

Townhouses 40% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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
126k-150k 1 0.2 0
151k-175k 1 0.2 0
176k-200k 1 1 0.2 6
201k-225k 12 1 2 0
226k-250k 9 17 4 0.3 3.2
251k-275k 18 32 2 0.3 3.4
276k-300k 12 55 10 0.8 1.3
301k-325k 19 67 14 0.6 1.7
326k-350k 18 72 18 0.7 1.5
351k-375k 30 69 13 0.4 2.6
376k-400k 62 81 14 0.2 4.6
401k-425k 31 73 17 0.4 2.5
426k-450k 31 62 18 0.3 3
451k-475k 17 48 8 0.5 2.1
476k-500k 15 31 8 0.3 2.9
501k-550k 20 41 8 0.3 2.9
551k-600k 12 32 8 0.4 2.3
601k-650k 7 2 0 21
651k-700k 6 1 0 36
701k-750k 4 3 0.1 8
751k-800k 1 1 0.2 6
851k-900k 1 1 0.2 6