Absorption Report

Atlanta

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 22% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 1 8 2 1.3 0.8
76k-100k 3 9 4 0.5 2
101k-125k 6 32 3 0.9 1.1
126k-150k 28 66 14 0.4 2.5
151k-175k 43 75 17 0.3 3.4
176k-200k 65 95 21 0.2 4.1
201k-225k 78 112 10 0.2 4.2
226k-250k 113 111 20 0.2 6.1
251k-275k 115 120 10 0.2 5.8
276k-300k 156 125 17 0.1 7.5
301k-325k 94 101 16 0.2 5.6
326k-350k 125 111 22 0.1 6.8
351k-375k 90 94 21 0.2 5.7
376k-400k 119 104 12 0.1 6.9
401k-425k 68 75 10 0.2 5.4
426k-450k 78 79 13 0.2 5.9
451k-475k 48 61 9 0.2 4.7
476k-500k 77 81 9 0.2 5.7
501k-550k 97 138 24 0.2 4.2
551k-600k 95 132 14 0.2 4.3
601k-650k 66 119 18 0.3 3.3
651k-700k 58 127 25 0.4 2.7
701k-750k 37 90 14 0.4 2.5
751k-800k 44 79 16 0.3 3.3
801k-850k 25 78 14 0.5 1.9
851k-900k 41 81 5 0.3 3
901k-950k 31 49 3 0.3 3.8
951k-1m 24 44 5 0.3 3.3
1m-1.1m 37 66 10 0.3 3.4
1.1m-1.2m 46 57 5 0.2 4.8
1.2m-1.3m 25 57 6 0.4 2.6
1.3m-1.4m 17 42 10 0.4 2.4
1.4m-1.5m 24 38 3 0.3 3.8
1.5m-1.6m 14 31 7 0.4 2.7
1.6m-1.7m 14 24 5 0.3 3.5
1.7m-1.8m 16 16 4 0.2 6
1.8m-1.9m 9 15 1 0.3 3.6
1.9m-2m 17 13 3 0.1 7.8
2m-2.25m 22 27 3 0.2 4.9
2.25m-2.5m 23 31 6 0.2 4.5
2.5m-2.75m 22 12 3 0.1 11
2.75m-3m 19 16 2 0.1 7.1
3m-3.5m 24 18 2 0.1 8
3.5m-4m 19 11 0.1 10.4
4m-4.5m 15 6 1 0.1 15
4.5m-5m 11 3 1 0 22
5.01m-6m 15 7 1 0.1 12.9
6.01m-7m 2 2 0.2 6
8.01m-9m 1 3 1 0.5 2
9.01m-10m 1 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 Since 12/31 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 1 0.2 6
101k-125k 2 3 1 0.3 4
126k-150k 4 6 1 0.3 4
151k-175k 4 4 0.2 6
176k-200k 17 8 1 0.1 12.8
201k-225k 16 19 3 0.2 5.1
226k-250k 31 30 5 0.2 6.2
251k-275k 23 23 4 0.2 6
276k-300k 32 40 4 0.2 4.8
301k-325k 12 19 2 0.3 3.8
326k-350k 24 36 4 0.3 4
351k-375k 18 26 2 0.2 4.2
376k-400k 45 46 8 0.2 5.9
401k-425k 25 32 1 0.2 4.7
426k-450k 31 40 2 0.2 4.7
451k-475k 23 52 7 0.4 2.7
476k-500k 29 38 5 0.2 4.6
501k-550k 40 70 11 0.3 3.4
551k-600k 64 49 3 0.1 7.8
601k-650k 38 55 7 0.2 4.1
651k-700k 29 39 8 0.2 4.5
701k-750k 32 27 4 0.1 7.1
751k-800k 31 22 2 0.1 8.5
801k-850k 13 13 3 0.2 6
851k-900k 28 12 3 0.1 14
901k-950k 8 3 1 0.1 16
951k-1m 7 7 0.2 6
1m-1.1m 14 7 2 0.1 12
1.1m-1.2m 9 9 0.2 6
1.2m-1.3m 8 7 1 0.1 6.9
1.3m-1.4m 2 6 1 0.5 2
1.4m-1.5m 2 3 0.3 4
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 2 1 0.1 12
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 Since 12/31 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 1 1 0.2 6
101k-125k 10 4 0.1 15
126k-150k 15 21 3 0.2 4.3
151k-175k 31 38 6 0.2 4.9
176k-200k 87 65 10 0.1 8
201k-225k 114 88 12 0.1 7.8
226k-250k 121 121 15 0.2 6
251k-275k 118 104 16 0.1 6.8
276k-300k 131 125 27 0.2 6.3
301k-325k 84 108 7 0.2 4.7
326k-350k 83 104 11 0.2 4.8
351k-375k 61 51 5 0.1 7.2
376k-400k 70 71 6 0.2 5.9
401k-425k 36 59 11 0.3 3.7
426k-450k 30 33 3 0.2 5.5
451k-475k 24 36 4 0.3 4
476k-500k 46 37 3 0.1 7.5
501k-550k 59 34 7 0.1 10.4
551k-600k 31 31 2 0.2 6
601k-650k 22 30 5 0.2 4.4
651k-700k 27 19 3 0.1 8.5
701k-750k 13 11 1 0.1 7.1
751k-800k 13 8 2 0.1 9.8
801k-850k 11 11 1 0.2 6
851k-900k 10 8 1 0.1 7.5
901k-950k 3 4 1 0.2 4.5
951k-1m 4 5 0.2 4.8
1m-1.1m 9 3 0.1 18
1.1m-1.2m 12 0
1.2m-1.3m 7 8 2 0.2 5.3
1.3m-1.4m 7 1 1 0 42
1.4m-1.5m 9 6 0.1 9
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.7m-1.8m 5 2 0.1 15
1.8m-1.9m 2 0
1.9m-2m 4 1 0 24
2m-2.25m 5 2 0.1 15
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 5 2 0.4 2.4
3m-3.5m 2 3 0.3 4
3.5m-4m 1 0
4m-4.5m 3 0
4.5m-5m 5 1 0 30
5.01m-6m 2 0
11.01m-12m 1 0

Land 11% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 5 5 0.2 6
26k-50k 40 21 3 0.1 11.4
51k-75k 64 30 4 0.1 12.8
76k-100k 63 21 4 0.1 18
101k-125k 38 9 2 0 25.3
126k-150k 35 5 2 0 42
151k-175k 22 0
176k-200k 7 2 0 21
201k-225k 5 2 1 0.1 15
226k-250k 9 3 0.1 18
251k-275k 1 1 0.2 6
276k-300k 8 0
301k-325k 4 6 1 0.3 4
326k-350k 5 3 1 0.1 10
351k-375k 1 2 0.3 3
376k-400k 5 1 0 30
426k-450k 2 1 0.3 0
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 2 1 0.1 12
551k-600k 2 4 1 0.3 3
601k-650k 1 0
651k-700k 9 3 1 0.1 18
701k-750k 10 2 0 30
751k-800k 6 1 0 36
801k-850k 5 2 1 0.1 15
851k-900k 8 1 0 48
901k-950k 4 0
951k-1m 6 2 0.1 18
1m-1.1m 3 0
1.1m-1.2m 2 1 1 0.1 12
1.2m-1.3m 4 1 0 24
1.3m-1.4m 3 1 0.1 18
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 4 0
1.6m-1.7m 2 1 1 0.1 12
1.7m-1.8m 5 1 0 30
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 0.2 0
3m-3.5m 2 0
3.5m-4m 1 0.2 0
5.01m-6m 2 0
6.01m-7m 1 0
13.01m-14m 1 0.2 0