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 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
26k-50k 1 0.2 0
51k-75k 1 6 1 1
76k-100k 5 12 3 0.4 2.5
101k-125k 12 28 5 0.4 2.6
126k-150k 20 60 5 0.5 2
151k-175k 42 91 23 0.4 2.8
176k-200k 72 87 13 0.2 5
201k-225k 85 108 15 0.2 4.7
226k-250k 110 119 25 0.2 5.5
251k-275k 117 114 18 0.2 6.2
276k-300k 130 124 23 0.2 6.3
301k-325k 82 99 11 0.2 5
326k-350k 107 104 9 0.2 6.2
351k-375k 84 79 15 0.2 6.4
376k-400k 90 103 16 0.2 5.2
401k-425k 76 81 11 0.2 5.6
426k-450k 67 77 6 0.2 5.2
451k-475k 41 49 7 0.2 5
476k-500k 63 75 7 0.2 5
501k-550k 80 132 14 0.3 3.6
551k-600k 83 120 11 0.2 4.2
601k-650k 55 114 14 0.3 2.9
651k-700k 43 110 7 0.4 2.3
701k-750k 42 85 5 0.3 3
751k-800k 25 87 8 0.6 1.7
801k-850k 28 72 6 0.4 2.3
851k-900k 26 71 6 0.5 2.2
901k-950k 28 38 2 0.2 4.4
951k-1m 18 48 9 0.4 2.3
1m-1.1m 28 63 4 0.4 2.7
1.1m-1.2m 27 55 7 0.3 2.9
1.2m-1.3m 27 47 2 0.3 3.4
1.3m-1.4m 17 33 3 0.3 3.1
1.4m-1.5m 16 34 5 0.4 2.8
1.5m-1.6m 14 24 2 0.3 3.5
1.6m-1.7m 9 26 1 0.5 2.1
1.7m-1.8m 12 20 2 0.3 3.6
1.8m-1.9m 6 16 3 0.4 2.3
1.9m-2m 5 12 0.4 2.5
2m-2.25m 18 24 2 0.2 4.5
2.25m-2.5m 16 32 4 0.3 3
2.5m-2.75m 21 9 0.1 14
2.75m-3m 12 14 0.2 5.1
3m-3.5m 16 18 0.2 5.3
3.5m-4m 18 12 2 0.1 9
4m-4.5m 9 8 2 0.1 6.8
4.5m-5m 7 3 0.1 14
5.01m-6m 13 9 0.1 8.7
6.01m-7m 3 1 0.1 18
7.01m-8m 2 1 0.1 12
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 4 0.2 6
151k-175k 4 9 2 0.4 2.7
176k-200k 14 12 6 0.1 7
201k-225k 19 16 1 0.1 7.1
226k-250k 34 21 2 0.1 9.7
251k-275k 22 21 1 0.2 6.3
276k-300k 23 34 1 0.2 4.1
301k-325k 10 21 3 0.4 2.9
326k-350k 19 34 3 0.3 3.4
351k-375k 10 30 3 0.5 2
376k-400k 42 44 8 0.2 5.7
401k-425k 15 32 5 0.4 2.8
426k-450k 21 48 7 0.4 2.6
451k-475k 24 39 5 0.3 3.7
476k-500k 27 37 5 0.2 4.4
501k-550k 47 63 5 0.2 4.5
551k-600k 32 44 9 0.2 4.4
601k-650k 28 52 6 0.3 3.2
651k-700k 22 38 2 0.3 3.5
701k-750k 25 24 1 0.2 6.3
751k-800k 20 22 1 0.2 5.5
801k-850k 13 8 1 0.1 9.8
851k-900k 17 13 3 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 6 11 4 0.3 3.3
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 6 1 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 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 1 0.2 0
26k-50k 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 2 2 2 0.2 6
101k-125k 4 10 4 0.4 2.4
126k-150k 19 21 3 0.2 5.4
151k-175k 38 33 4 0.1 6.9
176k-200k 74 62 7 0.1 7.2
201k-225k 108 80 9 0.1 8.1
226k-250k 110 105 8 0.2 6.3
251k-275k 101 110 14 0.2 5.5
276k-300k 123 106 17 0.1 7
301k-325k 64 92 7 0.2 4.2
326k-350k 81 85 3 0.2 5.7
351k-375k 50 47 6 0.2 6.4
376k-400k 60 63 4 0.2 5.7
401k-425k 39 43 2 0.2 5.4
426k-450k 25 25 3 0.2 6
451k-475k 26 31 3 0.2 5
476k-500k 34 35 3 0.2 5.8
501k-550k 39 33 2 0.1 7.1
551k-600k 29 26 1 0.1 6.7
601k-650k 21 26 2 0.2 4.8
651k-700k 16 15 1 0.2 6.4
701k-750k 12 8 1 0.1 9
751k-800k 14 7 0.1 12
801k-850k 8 10 2 0.2 4.8
851k-900k 6 7 1 0.2 5.1
901k-950k 2 3 1 0.3 4
951k-1m 6 3 0.1 12
1m-1.1m 7 7 3 0.2 6
1.1m-1.2m 14 1 0 84
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 4 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 3 0.1 12
26k-50k 30 22 3 0.1 8.2
51k-75k 46 28 1 0.1 9.9
76k-100k 49 21 1 0.1 14
101k-125k 36 6 0 36
126k-150k 26 4 0 39
151k-175k 23 2 0 69
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 1 0 42
301k-325k 3 1 0.1 18
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 6 3 0.1 12
601k-650k 1 0
651k-700k 6 2 0.1 18
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 2 0
1.4m-1.5m 1 0.2 0
1.5m-1.6m 3 0
1.6m-1.7m 2 1 0.1 12
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