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 23% 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 5 0.5 2.2
126k-150k 21 61 5 0.5 2.1
151k-175k 42 88 23 0.3 2.9
176k-200k 71 88 11 0.2 4.8
201k-225k 86 106 14 0.2 4.9
226k-250k 115 115 20 0.2 6
251k-275k 112 111 17 0.2 6.1
276k-300k 133 121 21 0.2 6.6
301k-325k 77 100 12 0.2 4.6
326k-350k 109 107 8 0.2 6.1
351k-375k 85 78 15 0.2 6.5
376k-400k 88 100 12 0.2 5.3
401k-425k 67 84 13 0.2 4.8
426k-450k 67 75 7 0.2 5.4
451k-475k 39 48 4 0.2 4.9
476k-500k 63 76 8 0.2 5
501k-550k 76 128 13 0.3 3.6
551k-600k 81 117 11 0.2 4.2
601k-650k 51 115 16 0.4 2.7
651k-700k 44 113 9 0.4 2.3
701k-750k 37 80 4 0.4 2.8
751k-800k 21 98 15 0.8 1.3
801k-850k 29 66 4 0.4 2.6
851k-900k 26 72 6 0.5 2.2
901k-950k 29 38 1 0.2 4.6
951k-1m 19 47 7 0.4 2.4
1m-1.1m 23 61 4 0.4 2.3
1.1m-1.2m 28 57 10 0.3 2.9
1.2m-1.3m 26 46 3 0.3 3.4
1.3m-1.4m 16 33 4 0.3 2.9
1.4m-1.5m 17 33 4 0.3 3.1
1.5m-1.6m 13 23 2 0.3 3.4
1.6m-1.7m 9 26 1 0.5 2.1
1.7m-1.8m 13 18 1 0.2 4.3
1.8m-1.9m 8 16 2 0.3 3
1.9m-2m 7 14 1 0.3 3
2m-2.25m 17 23 2 0.2 4.4
2.25m-2.5m 15 32 3 0.4 2.8
2.5m-2.75m 19 8 0.1 14.3
2.75m-3m 11 16 1 0.2 4.1
3m-3.5m 16 17 0.2 5.6
3.5m-4m 17 10 0.1 10.2
4m-4.5m 10 7 1 0.1 8.6
4.5m-5m 6 3 0.1 12
5.01m-6m 11 9 0.1 7.3
6.01m-7m 3 1 0.1 18
7.01m-8m 2 0
8.01m-9m 1 3 0.5 2
9.01m-10m 1 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 2 1 0.3 0
101k-125k 2 4 0.3 3
126k-150k 4 5 0.2 4.8
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 29 21 1 0.1 8.3
251k-275k 20 23 2 0.2 5.2
276k-300k 19 37 2 0.3 3.1
301k-325k 11 19 2 0.3 3.5
326k-350k 20 33 1 0.3 3.6
351k-375k 12 28 2 0.4 2.6
376k-400k 37 44 10 0.2 5
401k-425k 16 32 4 0.3 3
426k-450k 25 43 5 0.3 3.5
451k-475k 25 40 3 0.3 3.8
476k-500k 30 34 2 0.2 5.3
501k-550k 48 61 5 0.2 4.7
551k-600k 30 45 9 0.3 4
601k-650k 30 50 5 0.3 3.6
651k-700k 20 39 2 0.3 3.1
701k-750k 25 22 2 0.1 6.8
751k-800k 18 22 0.2 4.9
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 1 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 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 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 16 23 1 0.2 4.2
151k-175k 35 32 4 0.2 6.6
176k-200k 69 65 8 0.2 6.4
201k-225k 107 80 12 0.1 8
226k-250k 99 107 13 0.2 5.6
251k-275k 105 102 7 0.2 6.2
276k-300k 115 100 12 0.1 6.9
301k-325k 59 96 9 0.3 3.7
326k-350k 78 88 3 0.2 5.3
351k-375k 50 44 3 0.1 6.8
376k-400k 54 65 7 0.2 5
401k-425k 35 45 2 0.2 4.7
426k-450k 27 24 1 0.1 6.8
451k-475k 25 32 4 0.2 4.7
476k-500k 33 32 1 0.2 6.2
501k-550k 37 35 2 0.2 6.3
551k-600k 24 26 1 0.2 5.5
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 8 2 0.2 4.5
901k-950k 2 2 0.2 6
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 6 0.2 5
1.3m-1.4m 6 4 1 0.1 9
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 3 2 1 0.1 9
2.25m-2.5m 6 1 0 36
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 5 0.1 8.5
51k-75k 47 30 2 0.1 9.4
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