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 24% 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 6 10 2 0.3 3.6
101k-125k 13 30 2 0.4 2.6
126k-150k 22 61 3 0.5 2.2
151k-175k 46 85 21 0.3 3.2
176k-200k 72 88 16 0.2 4.9
201k-225k 83 111 17 0.2 4.5
226k-250k 112 119 22 0.2 5.6
251k-275k 111 115 22 0.2 5.8
276k-300k 136 122 19 0.1 6.7
301k-325k 78 100 10 0.2 4.7
326k-350k 114 111 13 0.2 6.2
351k-375k 83 78 15 0.2 6.4
376k-400k 91 101 15 0.2 5.4
401k-425k 64 80 12 0.2 4.8
426k-450k 71 77 8 0.2 5.5
451k-475k 39 47 5 0.2 5
476k-500k 70 77 9 0.2 5.5
501k-550k 80 127 12 0.3 3.8
551k-600k 76 115 10 0.3 4
601k-650k 48 117 17 0.4 2.5
651k-700k 41 113 12 0.5 2.2
701k-750k 39 79 3 0.3 3
751k-800k 23 95 14 0.7 1.5
801k-850k 32 68 4 0.4 2.8
851k-900k 26 76 9 0.5 2.1
901k-950k 29 39 1 0.2 4.5
951k-1m 21 46 5 0.4 2.7
1m-1.1m 23 63 6 0.5 2.2
1.1m-1.2m 26 59 10 0.4 2.6
1.2m-1.3m 25 48 4 0.3 3.1
1.3m-1.4m 16 35 6 0.4 2.7
1.4m-1.5m 17 33 3 0.3 3.1
1.5m-1.6m 13 23 2 0.3 3.4
1.6m-1.7m 9 27 2 0.5 2
1.7m-1.8m 10 18 1 0.3 3.3
1.8m-1.9m 9 15 2 0.3 3.6
1.9m-2m 9 15 1 0.3 3.6
2m-2.25m 18 23 2 0.2 4.7
2.25m-2.5m 12 34 4 0.5 2.1
2.5m-2.75m 20 9 0.1 13.3
2.75m-3m 12 17 1 0.2 4.2
3m-3.5m 19 16 0.1 7.1
3.5m-4m 18 10 0.1 10.8
4m-4.5m 10 6 1 0.1 10
4.5m-5m 9 5 0.1 10.8
5.01m-6m 11 9 0.1 7.3
6.01m-7m 3 1 0.1 18
7.01m-8m 3 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 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
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 17 9 3 0.1 11.3
201k-225k 20 18 3 0.2 6.7
226k-250k 26 22 3 0.1 7.1
251k-275k 21 24 3 0.2 5.3
276k-300k 20 37 2 0.3 3.2
301k-325k 10 19 2 0.3 3.2
326k-350k 22 32 0.2 4.1
351k-375k 12 31 2 0.4 2.3
376k-400k 40 41 8 0.2 5.9
401k-425k 17 31 4 0.3 3.3
426k-450k 27 43 7 0.3 3.8
451k-475k 23 41 4 0.3 3.4
476k-500k 30 35 4 0.2 5.1
501k-550k 49 60 5 0.2 4.9
551k-600k 30 45 6 0.3 4
601k-650k 31 52 7 0.3 3.6
651k-700k 17 39 3 0.4 2.6
701k-750k 25 22 3 0.1 6.8
751k-800k 21 22 0.2 5.7
801k-850k 10 9 1 0.2 6.7
851k-900k 20 14 2 0.1 8.6
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 6 8 3 0.2 4.5
1.1m-1.2m 8 7 1 0.1 6.9
1.2m-1.3m 9 4 0.1 13.5
1.3m-1.4m 7 1 1.2 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 14% 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 0.2 0
101k-125k 6 7 2 0.2 5.1
126k-150k 16 23 1 0.2 4.2
151k-175k 32 32 4 0.2 6
176k-200k 74 64 9 0.1 6.9
201k-225k 106 83 12 0.1 7.7
226k-250k 100 109 13 0.2 5.5
251k-275k 110 107 8 0.2 6.2
276k-300k 113 102 14 0.2 6.6
301k-325k 59 100 15 0.3 3.5
326k-350k 80 89 3 0.2 5.4
351k-375k 53 49 3 0.2 6.5
376k-400k 54 66 7 0.2 4.9
401k-425k 31 45 2 0.2 4.1
426k-450k 27 26 2 0.2 6.2
451k-475k 27 31 2 0.2 5.2
476k-500k 36 33 2 0.2 6.5
501k-550k 39 36 4 0.2 6.5
551k-600k 25 25 0.2 6
601k-650k 22 25 1 0.2 5.3
651k-700k 16 16 1 0.2 6
701k-750k 13 7 1 0.1 11.1
751k-800k 14 7 0.1 12
801k-850k 7 9 2 0.2 4.7
851k-900k 7 10 3 0.2 4.2
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 6 7 3 0.2 5.1
1.1m-1.2m 14 0
1.2m-1.3m 5 9 0.3 3.3
1.3m-1.4m 6 4 1 0.1 9
1.4m-1.5m 7 3 1 0.1 14
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 4 0
1.7m-1.8m 6 2 0.1 18
1.8m-1.9m 3 0
1.9m-2m 6 1 0 36
2m-2.25m 5 1 0 30
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 3 3 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 6 3 0.1 12
26k-50k 37 19 4 0.1 11.7
51k-75k 58 31 2 0.1 11.2
76k-100k 51 21 2 0.1 14.6
101k-125k 38 5 0 45.6
126k-150k 27 6 0 27
151k-175k 21 2 0 63
176k-200k 7 2 0 21
201k-225k 3 2 0.1 9
226k-250k 7 1 0 42
251k-275k 2 0
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 6 4 1 0.1 9
351k-375k 2 3 0.3 4
376k-400k 5 1 0 30
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 2 1 0.1 12
551k-600k 6 3 0.1 12
601k-650k 1 0
651k-700k 6 3 0.1 12
701k-750k 9 1 0 54
751k-800k 7 0
801k-850k 3 2 0.1 9
851k-900k 7 2 1 0 21
901k-950k 2 1 0.1 12
951k-1m 6 2 0.1 18
1m-1.1m 2 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 4 0
1.6m-1.7m 1 1 0.2 6
1.7m-1.8m 3 1 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