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 6 0.5 2.2
151k-175k 41 91 22 0.4 2.7
176k-200k 71 86 10 0.2 5
201k-225k 87 104 12 0.2 5
226k-250k 109 121 22 0.2 5.4
251k-275k 118 112 16 0.2 6.3
276k-300k 128 120 19 0.2 6.4
301k-325k 84 100 9 0.2 5
326k-350k 103 105 10 0.2 5.9
351k-375k 81 78 13 0.2 6.2
376k-400k 90 106 16 0.2 5.1
401k-425k 74 78 9 0.2 5.7
426k-450k 72 76 5 0.2 5.7
451k-475k 42 50 5 0.2 5
476k-500k 66 75 7 0.2 5.3
501k-550k 79 131 11 0.3 3.6
551k-600k 86 113 10 0.2 4.6
601k-650k 54 111 10 0.3 2.9
651k-700k 44 111 9 0.4 2.4
701k-750k 39 87 7 0.4 2.7
751k-800k 22 85 8 0.6 1.6
801k-850k 26 74 7 0.5 2.1
851k-900k 28 72 9 0.4 2.3
901k-950k 26 39 2 0.3 4
951k-1m 15 49 11 0.5 1.8
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 44 2 0.3 3.7
1.3m-1.4m 18 34 3 0.3 3.2
1.4m-1.5m 16 34 5 0.4 2.8
1.5m-1.6m 15 24 2 0.3 3.8
1.6m-1.7m 9 27 0.5 2
1.7m-1.8m 12 19 2 0.3 3.8
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 22 10 0.1 13.2
2.75m-3m 13 11 0.1 7.1
3m-3.5m 17 18 0.2 5.7
3.5m-4m 18 12 2 0.1 9
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 18% 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 27 30 0.2 5.4
301k-325k 11 20 4 0.3 3.3
326k-350k 17 36 5 0.4 2.8
351k-375k 11 29 3 0.4 2.3
376k-400k 42 42 7 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 28 38 5 0.2 4.4
501k-550k 46 63 6 0.2 4.4
551k-600k 34 41 8 0.2 5
601k-650k 30 53 6 0.3 3.4
651k-700k 20 38 4 0.3 3.2
701k-750k 22 22 1 0.2 6
751k-800k 19 23 3 0.2 5
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 7 5 1 0.1 8.4
1m-1.1m 8 8 3 0.2 6
1.1m-1.2m 7 11 4 0.3 3.8
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 21 22 4 0.2 5.7
151k-175k 38 34 5 0.1 6.7
176k-200k 72 61 10 0.1 7.1
201k-225k 110 78 7 0.1 8.5
226k-250k 112 106 11 0.2 6.3
251k-275k 101 108 10 0.2 5.6
276k-300k 127 104 15 0.1 7.3
301k-325k 65 89 5 0.2 4.4
326k-350k 81 84 3 0.2 5.8
351k-375k 51 45 5 0.1 6.8
376k-400k 62 62 3 0.2 6
401k-425k 39 42 2 0.2 5.6
426k-450k 25 25 3 0.2 6
451k-475k 24 32 3 0.2 4.5
476k-500k 35 35 2 0.2 6
501k-550k 37 33 3 0.1 6.7
551k-600k 29 25 1 0.1 7
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 34 7 1 0 29.1
126k-150k 25 4 0 37.5
151k-175k 22 2 0 66
176k-200k 7 2 0 21
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 1 2 1 0.3 3
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 4 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 0
5.01m-6m 2 0
6.01m-7m 1 0