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 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 1 0.2 0
51k-75k 2 6 1 0.5 2
76k-100k 3 9 3 0.5 2
101k-125k 8 30 3 0.6 1.6
126k-150k 23 64 14 0.5 2.2
151k-175k 43 70 8 0.3 3.7
176k-200k 66 90 17 0.2 4.4
201k-225k 79 117 18 0.2 4.1
226k-250k 119 107 16 0.1 6.7
251k-275k 110 119 16 0.2 5.5
276k-300k 145 132 24 0.2 6.6
301k-325k 90 104 10 0.2 5.2
326k-350k 131 114 25 0.1 6.9
351k-375k 97 86 11 0.1 6.8
376k-400k 110 108 20 0.2 6.1
401k-425k 75 74 8 0.2 6.1
426k-450k 70 82 18 0.2 5.1
451k-475k 51 54 5 0.2 5.7
476k-500k 75 76 8 0.2 5.9
501k-550k 90 134 19 0.2 4
551k-600k 91 120 11 0.2 4.6
601k-650k 62 119 15 0.3 3.1
651k-700k 45 128 24 0.5 2.1
701k-750k 40 79 9 0.3 3
751k-800k 40 86 16 0.4 2.8
801k-850k 29 71 11 0.4 2.5
851k-900k 30 80 10 0.4 2.3
901k-950k 32 47 3 0.2 4.1
951k-1m 21 44 7 0.3 2.9
1m-1.1m 36 64 3 0.3 3.4
1.1m-1.2m 36 57 8 0.3 3.8
1.2m-1.3m 23 53 5 0.4 2.6
1.3m-1.4m 20 39 7 0.3 3.1
1.4m-1.5m 23 32 3 0.2 4.3
1.5m-1.6m 12 25 3 0.3 2.9
1.6m-1.7m 9 28 7 0.5 1.9
1.7m-1.8m 13 18 4 0.2 4.3
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 13 15 4 0.2 5.2
2m-2.25m 24 24 1 0.2 6
2.25m-2.5m 18 32 6 0.3 3.4
2.5m-2.75m 24 11 1 0.1 13.1
2.75m-3m 19 16 2 0.1 7.1
3m-3.5m 21 16 1 0.1 7.9
3.5m-4m 18 14 2 0.1 7.7
4m-4.5m 15 5 2 0.1 18
4.5m-5m 10 5 2 0.1 12
5.01m-6m 16 8 2 0.1 12
6.01m-7m 2 2 0.2 6
7.01m-8m 2 0
8.01m-9m 4 1 0.7 0
9.01m-10m 2 0
16.01m-17m 1 0
37.01m-38m 1 0

Townhouses 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
51k-75k 1 1 0.2 6
101k-125k 2 3 1 0.3 4
126k-150k 1 8 4 1.3 0.8
151k-175k 6 4 0.1 9
176k-200k 20 8 1 0.1 15
201k-225k 20 19 2 0.2 6.3
226k-250k 31 29 3 0.2 6.4
251k-275k 21 22 4 0.2 5.7
276k-300k 25 41 4 0.3 3.7
301k-325k 11 18 1 0.3 3.7
326k-350k 24 36 3 0.3 4
351k-375k 15 28 2 0.3 3.2
376k-400k 45 45 4 0.2 6
401k-425k 23 29 2 0.2 4.8
426k-450k 25 45 9 0.3 3.3
451k-475k 27 45 6 0.3 3.6
476k-500k 25 40 5 0.3 3.8
501k-550k 38 70 8 0.3 3.3
551k-600k 56 49 7 0.1 6.9
601k-650k 35 56 10 0.3 3.8
651k-700k 24 39 8 0.3 3.7
701k-750k 32 26 3 0.1 7.4
751k-800k 28 24 1 0.1 7
801k-850k 14 10 1 0.1 8.4
851k-900k 23 13 5 0.1 10.6
901k-950k 11 3 1 0 22
951k-1m 4 6 0.3 4
1m-1.1m 14 6 0.1 14
1.1m-1.2m 6 9 1 0.3 4
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 1 6 1 1
1.4m-1.5m 2 3 0.3 4
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 2 1 0.1 12
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 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 1 0.2 0
26k-50k 5 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 11 5 1 0.1 13.2
126k-150k 15 25 8 0.3 3.6
151k-175k 30 39 6 0.2 4.6
176k-200k 80 70 11 0.1 6.9
201k-225k 116 83 8 0.1 8.4
226k-250k 114 121 14 0.2 5.7
251k-275k 113 103 11 0.2 6.6
276k-300k 131 118 17 0.2 6.7
301k-325k 78 104 9 0.2 4.5
326k-350k 91 96 5 0.2 5.7
351k-375k 54 54 5 0.2 6
376k-400k 69 66 8 0.2 6.3
401k-425k 34 56 8 0.3 3.6
426k-450k 31 30 3 0.2 6.2
451k-475k 24 35 2 0.2 4.1
476k-500k 43 35 5 0.1 7.4
501k-550k 48 37 9 0.1 7.8
551k-600k 26 29 4 0.2 5.4
601k-650k 24 29 3 0.2 5
651k-700k 23 17 2 0.1 8.1
701k-750k 18 9 0.1 12
751k-800k 11 8 3 0.1 8.3
801k-850k 11 11 1 0.2 6
851k-900k 10 6 0.1 10
901k-950k 3 3 0.2 6
951k-1m 5 3 0.1 10
1m-1.1m 10 3 0.1 20
1.1m-1.2m 13 0
1.2m-1.3m 6 9 3 0.3 4
1.3m-1.4m 7 2 2 0 21
1.4m-1.5m 10 4 0.1 15
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.7m-1.8m 5 2 0.1 15
1.8m-1.9m 2 0
1.9m-2m 5 1 0 30
2m-2.25m 5 1 0 30
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 1 2 0.3 3
2.75m-3m 2 3 0.3 4
3m-3.5m 3 3 0.2 6
3.5m-4m 1 0
4m-4.5m 3 0
4.5m-5m 5 1 0 30
5.01m-6m 2 0
11.01m-12m 1 0

Land 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 6 4 0.1 9
26k-50k 37 19 1 0.1 11.7
51k-75k 65 29 6 0.1 13.4
76k-100k 59 21 5 0.1 16.9
101k-125k 34 9 1 0 22.7
126k-150k 32 7 3 0 27.4
151k-175k 22 1 1 0 132
176k-200k 9 3 1 0.1 18
201k-225k 4 1 0 24
226k-250k 7 1 0 42
251k-275k 2 0
276k-300k 9 0
301k-325k 3 3 0.2 6
326k-350k 5 3 0.1 10
351k-375k 1 3 1 0.5 2
376k-400k 4 1 0 24
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 2 3 0.3 4
501k-550k 2 1 0.1 12
551k-600k 3 4 1 0.2 4.5
601k-650k 3 0
651k-700k 7 2 0 21
701k-750k 10 1 0 60
751k-800k 6 1 0 36
801k-850k 5 2 0.1 15
851k-900k 7 1 0 42
901k-950k 2 1 1 0.1 12
951k-1m 9 2 0 27
1m-1.1m 2 0
1.1m-1.2m 2 3 1 0.3 4
1.2m-1.3m 3 1 0.1 18
1.3m-1.4m 3 0
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 4 0
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 5 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0
3m-3.5m 2 0
3.5m-4m 1 0.2 0
5.01m-6m 2 0
6.01m-7m 1 0
13.01m-14m 1 0.2 0