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 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 11 2 0.3 3.3
101k-125k 10 32 5 0.5 1.9
126k-150k 22 62 4 0.5 2.1
151k-175k 39 85 22 0.4 2.8
176k-200k 71 86 15 0.2 5
201k-225k 83 111 17 0.2 4.5
226k-250k 112 119 23 0.2 5.6
251k-275k 107 113 21 0.2 5.7
276k-300k 139 121 19 0.1 6.9
301k-325k 74 99 11 0.2 4.5
326k-350k 108 108 12 0.2 6
351k-375k 83 77 15 0.2 6.5
376k-400k 87 101 12 0.2 5.2
401k-425k 67 81 13 0.2 5
426k-450k 70 75 7 0.2 5.6
451k-475k 38 48 5 0.2 4.8
476k-500k 63 76 9 0.2 5
501k-550k 77 128 13 0.3 3.6
551k-600k 77 116 10 0.3 4
601k-650k 48 116 17 0.4 2.5
651k-700k 40 114 13 0.5 2.1
701k-750k 38 80 3 0.4 2.9
751k-800k 22 95 15 0.7 1.4
801k-850k 30 68 4 0.4 2.6
851k-900k 25 74 9 0.5 2
901k-950k 29 39 1 0.2 4.5
951k-1m 21 45 5 0.4 2.8
1m-1.1m 21 62 6 0.5 2
1.1m-1.2m 27 59 11 0.4 2.7
1.2m-1.3m 25 48 4 0.3 3.1
1.3m-1.4m 17 33 6 0.3 3.1
1.4m-1.5m 16 33 4 0.3 2.9
1.5m-1.6m 13 25 2 0.3 3.1
1.6m-1.7m 9 26 1 0.5 2.1
1.7m-1.8m 11 18 1 0.3 3.7
1.8m-1.9m 9 16 2 0.3 3.4
1.9m-2m 7 14 1 0.3 3
2m-2.25m 17 23 2 0.2 4.4
2.25m-2.5m 13 34 4 0.4 2.3
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 12 16 1 0.2 4.5
3m-3.5m 17 17 0.2 6
3.5m-4m 17 10 0.1 10.2
4m-4.5m 10 6 1 0.1 10
4.5m-5m 6 5 0.1 7.2
5.01m-6m 10 9 0.2 6.7
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 27 22 4 0.1 7.4
251k-275k 22 23 2 0.2 5.7
276k-300k 19 36 2 0.3 3.2
301k-325k 11 19 2 0.3 3.5
326k-350k 19 33 1 0.3 3.5
351k-375k 12 29 2 0.4 2.5
376k-400k 39 43 10 0.2 5.4
401k-425k 17 31 3 0.3 3.3
426k-450k 26 43 6 0.3 3.6
451k-475k 22 41 4 0.3 3.2
476k-500k 29 35 4 0.2 5
501k-550k 45 60 5 0.2 4.5
551k-600k 31 45 7 0.2 4.1
601k-650k 32 52 5 0.3 3.7
651k-700k 20 39 3 0.3 3.1
701k-750k 26 22 3 0.1 7.1
751k-800k 18 22 0.2 4.9
801k-850k 11 9 1 0.1 7.3
851k-900k 18 14 2 0.1 7.7
901k-950k 12 3 1 0 24
951k-1m 6 4 0.1 9
1m-1.1m 6 8 3 0.2 4.5
1.1m-1.2m 5 9 2 0.3 3.3
1.2m-1.3m 7 5 1 0.1 8.4
1.3m-1.4m 6 1 1 0
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 1 0.2 0
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 13% 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 33 32 4 0.2 6.2
176k-200k 68 65 9 0.2 6.3
201k-225k 104 82 12 0.1 7.6
226k-250k 101 108 12 0.2 5.6
251k-275k 104 104 7 0.2 6
276k-300k 109 104 13 0.2 6.3
301k-325k 58 98 12 0.3 3.6
326k-350k 76 90 3 0.2 5.1
351k-375k 51 47 3 0.2 6.5
376k-400k 54 65 7 0.2 5
401k-425k 32 44 2 0.2 4.4
426k-450k 26 26 2 0.2 6
451k-475k 24 32 4 0.2 4.5
476k-500k 34 32 2 0.2 6.4
501k-550k 39 36 3 0.2 6.5
551k-600k 25 25 0.2 6
601k-650k 20 27 2 0.2 4.4
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 9 3 0.3 4
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 6 3 1 0.1 12
1.5m-1.6m 2 2 1 0.2 6
1.6m-1.7m 3 0
1.7m-1.8m 6 2 0.1 18
1.8m-1.9m 3 0
1.9m-2m 7 1 0 42
2m-2.25m 4 2 1 0.1 12
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 2 3 0.3 4
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 13% 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 28 20 5 0.1 8.4
51k-75k 46 29 2 0.1 9.5
76k-100k 42 23 2 0.1 11
101k-125k 33 5 0 39.6
126k-150k 22 6 0 22
151k-175k 20 2 0 60
176k-200k 6 2 0.1 18
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 2 3 0.3 4
376k-400k 3 1 0.1 18
426k-450k 1 1 0.2 6
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 7 0
801k-850k 3 2 0.1 9
851k-900k 6 2 1 0.1 18
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 0.2 0
1.5m-1.6m 3 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