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 12 2 0.4 2.5
101k-125k 13 28 3 0.4 2.8
126k-150k 21 59 5 0.5 2.1
151k-175k 40 94 26 0.4 2.6
176k-200k 70 88 14 0.2 4.8
201k-225k 86 108 15 0.2 4.8
226k-250k 110 121 24 0.2 5.5
251k-275k 118 115 18 0.2 6.2
276k-300k 131 122 22 0.2 6.4
301k-325k 81 101 13 0.2 4.8
326k-350k 107 105 10 0.2 6.1
351k-375k 83 79 14 0.2 6.3
376k-400k 88 104 15 0.2 5.1
401k-425k 75 80 12 0.2 5.6
426k-450k 70 77 6 0.2 5.5
451k-475k 41 49 6 0.2 5
476k-500k 62 75 7 0.2 5
501k-550k 79 132 14 0.3 3.6
551k-600k 84 118 11 0.2 4.3
601k-650k 54 114 14 0.4 2.8
651k-700k 46 109 7 0.4 2.5
701k-750k 40 85 6 0.4 2.8
751k-800k 23 86 8 0.6 1.6
801k-850k 27 73 7 0.5 2.2
851k-900k 28 72 8 0.4 2.3
901k-950k 25 39 3 0.3 3.8
951k-1m 18 47 9 0.4 2.3
1m-1.1m 29 63 4 0.4 2.8
1.1m-1.2m 28 55 7 0.3 3.1
1.2m-1.3m 26 46 2 0.3 3.4
1.3m-1.4m 18 34 4 0.3 3.2
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 10 26 0.4 2.3
1.7m-1.8m 12 20 2 0.3 3.6
1.8m-1.9m 7 15 3 0.4 2.8
1.9m-2m 4 12 0.5 2
2m-2.25m 18 24 2 0.2 4.5
2.25m-2.5m 15 32 4 0.4 2.8
2.5m-2.75m 22 10 0.1 13.2
2.75m-3m 12 12 0.2 6
3m-3.5m 17 17 0.2 6
3.5m-4m 19 12 2 0.1 9.5
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 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 16 10 5 0.1 9.6
201k-225k 19 16 1 0.1 7.1
226k-250k 34 21 2 0.1 9.7
251k-275k 22 22 0.2 6
276k-300k 23 33 1 0.2 4.2
301k-325k 11 20 3 0.3 3.3
326k-350k 19 34 3 0.3 3.4
351k-375k 11 29 3 0.4 2.3
376k-400k 43 43 8 0.2 6
401k-425k 15 32 4 0.4 2.8
426k-450k 20 48 8 0.4 2.5
451k-475k 23 40 6 0.3 3.5
476k-500k 28 37 5 0.2 4.5
501k-550k 47 63 5 0.2 4.5
551k-600k 33 44 10 0.2 4.5
601k-650k 28 53 7 0.3 3.2
651k-700k 19 38 4 0.3 3
701k-750k 23 24 1 0.2 5.8
751k-800k 21 22 1 0.2 5.7
801k-850k 13 8 1 0.1 9.8
851k-900k 17 13 3 0.1 7.8
901k-950k 13 3 1 0 26
951k-1m 8 4 0.1 12
1m-1.1m 8 8 3 0.2 6
1.1m-1.2m 8 10 3 0.2 4.8
1.2m-1.3m 8 5 0.1 9.6
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 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 2 2 2 0.2 6
101k-125k 4 10 4 0.4 2.4
126k-150k 20 21 3 0.2 5.7
151k-175k 37 34 5 0.2 6.5
176k-200k 72 64 10 0.1 6.8
201k-225k 109 81 9 0.1 8.1
226k-250k 109 107 11 0.2 6.1
251k-275k 103 109 11 0.2 5.7
276k-300k 126 106 17 0.1 7.1
301k-325k 65 92 7 0.2 4.2
326k-350k 81 86 5 0.2 5.7
351k-375k 51 45 5 0.1 6.8
376k-400k 60 65 5 0.2 5.5
401k-425k 40 43 2 0.2 5.6
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 38 34 3 0.1 6.7
551k-600k 30 26 1 0.1 6.9
601k-650k 21 25 2 0.2 5
651k-700k 17 15 1 0.1 6.8
701k-750k 14 8 1 0.1 10.5
751k-800k 13 7 0.1 11.1
801k-850k 9 10 2 0.2 5.4
851k-900k 6 7 1 0.2 5.1
901k-950k 4 3 1 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 21 2 0.1 8.9
51k-75k 47 27 1 0.1 10.4
76k-100k 49 21 1 0.1 14
101k-125k 35 7 1 0 30
126k-150k 26 4 0 39
151k-175k 22 2 0 66
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 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 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