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 1 0.2 0
51k-75k 3 6 0.3 3
76k-100k 6 9 2 0.3 4
101k-125k 8 32 5 0.7 1.5
126k-150k 21 66 9 0.5 1.9
151k-175k 53 72 11 0.2 4.4
176k-200k 69 95 19 0.2 4.4
201k-225k 80 110 14 0.2 4.4
226k-250k 117 117 25 0.2 6
251k-275k 107 122 22 0.2 5.3
276k-300k 153 128 23 0.1 7.2
301k-325k 94 98 13 0.2 5.8
326k-350k 128 117 24 0.2 6.6
351k-375k 94 85 9 0.2 6.6
376k-400k 109 106 21 0.2 6.2
401k-425k 77 74 10 0.2 6.2
426k-450k 66 81 15 0.2 4.9
451k-475k 48 57 10 0.2 5.1
476k-500k 72 81 16 0.2 5.3
501k-550k 85 138 18 0.3 3.7
551k-600k 81 119 12 0.2 4.1
601k-650k 58 120 18 0.3 2.9
651k-700k 46 119 17 0.4 2.3
701k-750k 40 84 5 0.4 2.9
751k-800k 31 94 19 0.5 2
801k-850k 34 68 6 0.3 3
851k-900k 30 80 12 0.4 2.3
901k-950k 30 47 4 0.3 3.8
951k-1m 18 45 6 0.4 2.4
1m-1.1m 31 65 8 0.3 2.9
1.1m-1.2m 37 57 11 0.3 3.9
1.2m-1.3m 23 51 3 0.4 2.7
1.3m-1.4m 23 37 5 0.3 3.7
1.4m-1.5m 24 33 4 0.2 4.4
1.5m-1.6m 13 26 3 0.3 3
1.6m-1.7m 8 28 7 0.6 1.7
1.7m-1.8m 14 18 2 0.2 4.7
1.8m-1.9m 10 13 1 0.2 4.6
1.9m-2m 13 14 4 0.2 5.6
2m-2.25m 23 24 2 0.2 5.8
2.25m-2.5m 18 33 4 0.3 3.3
2.5m-2.75m 21 10 1 0.1 12.6
2.75m-3m 16 17 3 0.2 5.6
3m-3.5m 18 16 2 0.1 6.8
3.5m-4m 20 14 1 0.1 8.6
4m-4.5m 13 5 2 0.1 15.6
4.5m-5m 9 5 2 0.1 10.8
5.01m-6m 14 9 3 0.1 9.3
6.01m-7m 3 1 0.1 18
7.01m-8m 3 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 19% 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 5 5 1 0.2 6
151k-175k 6 5 0.1 7.2
176k-200k 19 9 1 0.1 12.7
201k-225k 24 16 0.1 9
226k-250k 31 29 4 0.2 6.4
251k-275k 25 22 1 0.1 6.8
276k-300k 24 37 4 0.3 3.9
301k-325k 11 18 0.3 3.7
326k-350k 27 37 2 0.2 4.4
351k-375k 14 30 3 0.4 2.8
376k-400k 49 40 2 0.1 7.4
401k-425k 22 31 4 0.2 4.3
426k-450k 28 44 10 0.3 3.8
451k-475k 25 46 7 0.3 3.3
476k-500k 27 36 3 0.2 4.5
501k-550k 38 66 8 0.3 3.5
551k-600k 51 48 8 0.2 6.4
601k-650k 35 55 10 0.3 3.8
651k-700k 23 37 7 0.3 3.7
701k-750k 24 28 3 0.2 5.1
751k-800k 26 26 2 0.2 6
801k-850k 15 9 1 0.1 10
851k-900k 24 13 1 0.1 11.1
901k-950k 11 3 1 0 22
951k-1m 3 5 0.3 3.6
1m-1.1m 14 6 0.1 14
1.1m-1.2m 7 9 1 0.2 4.7
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 1 6 1 1
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 1 2 0.3 3
1.6m-1.7m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 2 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 4 0
51k-75k 3 2 0.1 9
76k-100k 2 0
101k-125k 9 7 3 0.1 7.7
126k-150k 18 22 5 0.2 4.9
151k-175k 34 39 6 0.2 5.2
176k-200k 82 66 10 0.1 7.5
201k-225k 114 83 9 0.1 8.2
226k-250k 115 116 12 0.2 5.9
251k-275k 121 102 9 0.1 7.1
276k-300k 121 112 15 0.2 6.5
301k-325k 66 105 15 0.3 3.8
326k-350k 95 94 7 0.2 6.1
351k-375k 56 52 5 0.2 6.5
376k-400k 64 67 9 0.2 5.7
401k-425k 38 55 4 0.2 4.1
426k-450k 34 27 3 0.1 7.6
451k-475k 29 32 1 0.2 5.4
476k-500k 40 39 6 0.2 6.2
501k-550k 45 37 10 0.1 7.3
551k-600k 29 28 3 0.2 6.2
601k-650k 22 27 2 0.2 4.9
651k-700k 21 16 3 0.1 7.9
701k-750k 16 8 0.1 12
751k-800k 12 8 2 0.1 9
801k-850k 9 11 2 0.2 4.9
851k-900k 9 7 2 0.1 7.7
901k-950k 2 3 0.3 4
951k-1m 4 3 0.1 8
1m-1.1m 9 4 1 0.1 13.5
1.1m-1.2m 12 0
1.2m-1.3m 6 9 1 0.3 4
1.3m-1.4m 6 4 3 0.1 9
1.4m-1.5m 8 4 1 0.1 12
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 6 0
1.7m-1.8m 6 2 0.1 18
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 2 0
4m-4.5m 3 0
4.5m-5m 4 0
5.01m-6m 2 0
11.01m-12m 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 4 0.1 9
26k-50k 41 23 5 0.1 10.7
51k-75k 63 33 5 0.1 11.5
76k-100k 60 20 4 0.1 18
101k-125k 38 9 1 0 25.3
126k-150k 28 7 3 0 24
151k-175k 20 2 1 0 60
176k-200k 8 4 2 0.1 12
201k-225k 3 1 0.1 18
226k-250k 8 1 0 48
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 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 6 4 0.1 9
601k-650k 1 0
651k-700k 6 2 0.1 18
701k-750k 10 1 0 60
751k-800k 6 1 0 36
801k-850k 5 2 0.1 15
851k-900k 6 2 1 0.1 18
901k-950k 2 1 1 0.1 12
951k-1m 8 2 0 24
1m-1.1m 2 0
1.1m-1.2m 1 3 1 0.5 2
1.2m-1.3m 4 1 0 24
1.3m-1.4m 2 1 1 0.1 12
1.4m-1.5m 1 1 0.2 6
1.5m-1.6m 4 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 1 1 0.1 18
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 1 0.1 12
3.5m-4m 1 0
5.01m-6m 2 0
6.01m-7m 1 0