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 4 12 3 0.5 2
101k-125k 12 28 5 0.4 2.6
126k-150k 21 59 4 0.5 2.1
151k-175k 42 91 23 0.4 2.8
176k-200k 73 86 11 0.2 5.1
201k-225k 86 108 15 0.2 4.8
226k-250k 112 117 23 0.2 5.7
251k-275k 116 114 18 0.2 6.1
276k-300k 131 122 22 0.2 6.4
301k-325k 81 100 10 0.2 4.9
326k-350k 108 103 9 0.2 6.3
351k-375k 84 78 14 0.2 6.5
376k-400k 92 103 16 0.2 5.4
401k-425k 73 81 11 0.2 5.4
426k-450k 66 76 5 0.2 5.2
451k-475k 40 49 7 0.2 4.9
476k-500k 62 75 7 0.2 5
501k-550k 78 131 13 0.3 3.6
551k-600k 80 121 12 0.3 4
601k-650k 53 113 13 0.4 2.8
651k-700k 41 110 7 0.4 2.2
701k-750k 42 84 5 0.3 3
751k-800k 21 88 8 0.7 1.4
801k-850k 27 72 6 0.4 2.3
851k-900k 28 71 5 0.4 2.4
901k-950k 28 38 2 0.2 4.4
951k-1m 19 47 8 0.4 2.4
1m-1.1m 27 62 3 0.4 2.6
1.1m-1.2m 27 56 8 0.3 2.9
1.2m-1.3m 27 47 2 0.3 3.4
1.3m-1.4m 18 33 3 0.3 3.3
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 13 20 2 0.3 3.9
1.8m-1.9m 6 16 3 0.4 2.3
1.9m-2m 6 12 0.3 3
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 15 18 0.2 5
3.5m-4m 18 11 2 0.1 9.8
4m-4.5m 9 9 2 0.2 6
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 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 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 32 21 2 0.1 9.1
251k-275k 22 21 1 0.2 6.3
276k-300k 23 34 1 0.2 4.1
301k-325k 9 20 3 0.4 2.7
326k-350k 19 34 3 0.3 3.4
351k-375k 10 29 3 0.5 2.1
376k-400k 38 44 8 0.2 5.2
401k-425k 15 32 5 0.4 2.8
426k-450k 21 48 7 0.4 2.6
451k-475k 23 39 5 0.3 3.5
476k-500k 30 37 5 0.2 4.9
501k-550k 46 62 4 0.2 4.5
551k-600k 30 45 10 0.3 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 12 8 1 0.1 9
851k-900k 17 13 3 0.1 7.8
901k-950k 12 3 1 0 24
951k-1m 7 4 0.1 10.5
1m-1.1m 8 8 3 0.2 6
1.1m-1.2m 5 11 4 0.4 2.7
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 5 9 3 0.3 3.3
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 105 80 9 0.1 7.9
226k-250k 110 105 8 0.2 6.3
251k-275k 104 109 13 0.2 5.7
276k-300k 120 105 17 0.1 6.9
301k-325k 61 93 7 0.3 3.9
326k-350k 81 85 3 0.2 5.7
351k-375k 50 45 4 0.2 6.7
376k-400k 58 64 5 0.2 5.4
401k-425k 39 43 2 0.2 5.4
426k-450k 24 25 3 0.2 5.8
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 5 7 0.2 4.3
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 7 1 0 42
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 35 6 0 35
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 6 1 0.2 5
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 5 4 0.1 7.5
601k-650k 1 0
651k-700k 6 2 0.1 18
701k-750k 9 1 0 54
751k-800k 6 0
801k-850k 4 1 0 24
851k-900k 6 2 1 0.1 18
901k-950k 3 1 0.1 18
951k-1m 6 3 0.1 12
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
2.75m-3m 1 0
3m-3.5m 3 1 0.1 18
5.01m-6m 2 0
6.01m-7m 1 0