Absorption Report: Atlanta, GA | Homes by Marco

Absorption Report


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 1 6 1 1
76k-100k 5 12 3 0.4 2.5
101k-125k 11 30 6 0.5 2.2
126k-150k 21 60 4 0.5 2.1
151k-175k 43 88 22 0.3 2.9
176k-200k 71 85 9 0.2 5
201k-225k 87 106 14 0.2 4.9
226k-250k 116 113 19 0.2 6.2
251k-275k 111 112 16 0.2 5.9
276k-300k 136 121 18 0.1 6.7
301k-325k 77 100 11 0.2 4.6
326k-350k 108 108 8 0.2 6
351k-375k 84 78 15 0.2 6.5
376k-400k 92 100 12 0.2 5.5
401k-425k 68 84 11 0.2 4.9
426k-450k 68 75 6 0.2 5.4
451k-475k 39 48 4 0.2 4.9
476k-500k 65 73 7 0.2 5.3
501k-550k 75 130 14 0.3 3.5
551k-600k 81 120 10 0.2 4.1
601k-650k 51 113 15 0.4 2.7
651k-700k 44 112 9 0.4 2.4
701k-750k 37 83 4 0.4 2.7
751k-800k 23 96 14 0.7 1.4
801k-850k 29 66 4 0.4 2.6
851k-900k 26 73 5 0.5 2.1
901k-950k 29 37 1 0.2 4.7
951k-1m 20 47 7 0.4 2.6
1m-1.1m 23 61 4 0.4 2.3
1.1m-1.2m 28 56 10 0.3 3
1.2m-1.3m 26 46 3 0.3 3.4
1.3m-1.4m 16 34 4 0.4 2.8
1.4m-1.5m 16 33 5 0.3 2.9
1.5m-1.6m 13 24 2 0.3 3.3
1.6m-1.7m 9 25 1 0.5 2.2
1.7m-1.8m 13 19 1 0.2 4.1
1.8m-1.9m 8 15 2 0.3 3.2
1.9m-2m 7 13 1 0.3 3.2
2m-2.25m 16 23 2 0.2 4.2
2.25m-2.5m 15 32 3 0.4 2.8
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 12 15 1 0.2 4.8
3m-3.5m 16 18 0.2 5.3
3.5m-4m 17 9 0.1 11.3
4m-4.5m 10 7 1 0.1 8.6
4.5m-5m 6 3 0.1 12
5.01m-6m 10 9 0.2 6.7
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 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 4 0.3 3
126k-150k 4 4 0.2 6
151k-175k 4 8 2 0.3 3
176k-200k 14 11 5 0.1 7.6
201k-225k 19 18 3 0.2 6.3
226k-250k 30 21 1 0.1 8.6
251k-275k 20 22 2 0.2 5.5
276k-300k 20 37 2 0.3 3.2
301k-325k 11 19 2 0.3 3.5
326k-350k 20 33 1 0.3 3.6
351k-375k 11 28 2 0.4 2.4
376k-400k 37 45 10 0.2 4.9
401k-425k 16 31 4 0.3 3.1
426k-450k 25 43 5 0.3 3.5
451k-475k 25 39 3 0.3 3.8
476k-500k 29 35 3 0.2 5
501k-550k 48 61 4 0.2 4.7
551k-600k 32 44 8 0.2 4.4
601k-650k 30 51 5 0.3 3.5
651k-700k 20 38 2 0.3 3.2
701k-750k 25 23 2 0.2 6.5
751k-800k 18 21 0.2 5.1
801k-850k 11 8 1 0.1 8.3
851k-900k 18 13 2 0.1 8.3
901k-950k 12 3 1 0 24
951k-1m 7 4 0.1 10.5
1m-1.1m 7 8 3 0.2 5.3
1.1m-1.2m 6 10 3 0.3 3.6
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 6 1 1 0
1.4m-1.5m 1 3 0.5 2
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 1 1 0.2 6
101k-125k 5 7 2 0.2 4.3
126k-150k 15 22 1 0.2 4.1
151k-175k 37 34 5 0.2 6.5
176k-200k 68 63 7 0.2 6.5
201k-225k 107 79 12 0.1 8.1
226k-250k 98 106 12 0.2 5.5
251k-275k 105 104 9 0.2 6.1
276k-300k 116 100 11 0.1 7
301k-325k 60 95 9 0.3 3.8
326k-350k 79 85 2 0.2 5.6
351k-375k 48 47 6 0.2 6.1
376k-400k 52 65 6 0.2 4.8
401k-425k 36 44 2 0.2 4.9
426k-450k 27 23 1 0.1 7
451k-475k 25 31 4 0.2 4.8
476k-500k 35 33 1 0.2 6.4
501k-550k 37 34 1 0.2 6.5
551k-600k 26 26 1 0.2 6
601k-650k 21 26 2 0.2 4.8
651k-700k 16 15 1 0.2 6.4
701k-750k 13 7 1 0.1 11.1
751k-800k 14 7 0.1 12
801k-850k 7 10 2 0.2 4.2
851k-900k 6 7 1 0.2 5.1
901k-950k 2 3 1 0.3 4
951k-1m 5 4 0.1 7.5
1m-1.1m 6 7 3 0.2 5.1
1.1m-1.2m 14 1 0 84
1.2m-1.3m 5 7 0.2 4.3
1.3m-1.4m 6 3 1 0.1 12
1.4m-1.5m 7 3 0.1 14
1.5m-1.6m 2 2 1 0.2 6
1.6m-1.7m 4 0
1.7m-1.8m 7 1 0 42
1.8m-1.9m 3 0
1.9m-2m 7 1 0 42
2m-2.25m 4 2 1 0.1 12
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 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 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 2 3 0.3 4
26k-50k 27 19 4 0.1 8.5
51k-75k 42 30 2 0.1 8.4
76k-100k 42 22 1 0.1 11.5
101k-125k 33 5 0 39.6
126k-150k 24 6 0 24
151k-175k 21 2 0 63
176k-200k 5 2 0.1 15
201k-225k 4 2 0.1 12
226k-250k 6 1 0 36
251k-275k 1 0
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 5 4 1 0.1 7.5
351k-375k 3 2 0.1 9
376k-400k 3 1 0.1 18
426k-450k 2 1 0.1 12
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 1 2 0.3 3
551k-600k 5 3 0.1 10
601k-650k 1 0
651k-700k 6 3 0.1 12
701k-750k 9 1 0 54
751k-800k 6 0
801k-850k 4 2 0.1 12
851k-900k 6 2 1 0.1 18
901k-950k 3 1 0.1 18
951k-1m 6 2 0.1 18
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 1 1 0.2 6
1.7m-1.8m 3 1 0.1 18
1.8m-1.9m 1 0
2m-2.25m 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