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 4 7 3 0.3 3.4
101k-125k 6 32 3 0.9 1.1
126k-150k 28 66 14 0.4 2.5
151k-175k 43 73 16 0.3 3.5
176k-200k 66 95 22 0.2 4.2
201k-225k 81 111 10 0.2 4.4
226k-250k 111 111 20 0.2 6
251k-275k 116 120 10 0.2 5.8
276k-300k 153 124 16 0.1 7.4
301k-325k 95 102 18 0.2 5.6
326k-350k 129 110 21 0.1 7
351k-375k 92 94 20 0.2 5.9
376k-400k 119 103 11 0.1 6.9
401k-425k 69 76 10 0.2 5.4
426k-450k 79 79 15 0.2 6
451k-475k 50 61 9 0.2 4.9
476k-500k 78 81 10 0.2 5.8
501k-550k 100 141 24 0.2 4.3
551k-600k 96 132 15 0.2 4.4
601k-650k 66 120 19 0.3 3.3
651k-700k 59 127 25 0.4 2.8
701k-750k 39 90 14 0.4 2.6
751k-800k 43 79 19 0.3 3.3
801k-850k 24 80 14 0.6 1.8
851k-900k 38 83 5 0.4 2.7
901k-950k 32 50 3 0.3 3.8
951k-1m 23 44 4 0.3 3.1
1m-1.1m 39 66 9 0.3 3.5
1.1m-1.2m 47 57 5 0.2 4.9
1.2m-1.3m 26 57 6 0.4 2.7
1.3m-1.4m 17 40 8 0.4 2.6
1.4m-1.5m 23 37 3 0.3 3.7
1.5m-1.6m 14 33 7 0.4 2.5
1.6m-1.7m 15 24 5 0.3 3.8
1.7m-1.8m 16 16 4 0.2 6
1.8m-1.9m 9 16 1 0.3 3.4
1.9m-2m 17 14 3 0.1 7.3
2m-2.25m 23 27 3 0.2 5.1
2.25m-2.5m 22 31 6 0.2 4.3
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 18 11 1 0.1 9.8
4m-4.5m 14 6 1 0.1 14
4.5m-5m 11 3 1 0 22
5.01m-6m 15 7 1 0.1 12.9
6.01m-7m 4 2 0.1 12
8.01m-9m 1 3 1 0.5 2
9.01m-10m 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 5 5 0.2 6
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 32 30 5 0.2 6.4
251k-275k 23 23 4 0.2 6
276k-300k 31 39 3 0.2 4.8
301k-325k 12 19 2 0.3 3.8
326k-350k 23 36 4 0.3 3.8
351k-375k 18 26 2 0.2 4.2
376k-400k 45 46 9 0.2 5.9
401k-425k 25 32 1 0.2 4.7
426k-450k 30 40 2 0.2 4.5
451k-475k 23 52 6 0.4 2.7
476k-500k 29 38 5 0.2 4.6
501k-550k 41 71 10 0.3 3.5
551k-600k 64 51 3 0.1 7.5
601k-650k 39 55 7 0.2 4.3
651k-700k 29 39 8 0.2 4.5
701k-750k 32 29 4 0.2 6.6
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 8 2 0.1 10.5
1.1m-1.2m 9 9 0.2 6
1.2m-1.3m 8 7 2 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 8 4 0.1 12
126k-150k 16 22 3 0.2 4.4
151k-175k 33 37 5 0.2 5.4
176k-200k 86 65 11 0.1 7.9
201k-225k 118 86 10 0.1 8.2
226k-250k 122 121 15 0.2 6
251k-275k 118 104 17 0.1 6.8
276k-300k 132 124 26 0.2 6.4
301k-325k 85 110 7 0.2 4.6
326k-350k 82 105 11 0.2 4.7
351k-375k 60 52 5 0.1 6.9
376k-400k 68 71 6 0.2 5.7
401k-425k 34 60 12 0.3 3.4
426k-450k 31 33 3 0.2 5.6
451k-475k 24 36 5 0.3 4
476k-500k 47 37 4 0.1 7.6
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 28 19 3 0.1 8.8
701k-750k 13 11 1 0.1 7.1
751k-800k 13 8 2 0.1 9.8
801k-850k 12 10 0.1 7.2
851k-900k 10 8 1 0.1 7.5
901k-950k 3 4 1 0.2 4.5
951k-1m 5 5 0.2 6
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 12% 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 22 3 0.1 10.9
51k-75k 64 29 5 0.1 13.2
76k-100k 63 22 4 0.1 17.2
101k-125k 38 9 2 0 25.3
126k-150k 35 5 2 0 42
151k-175k 21 0
176k-200k 7 2 0 21
201k-225k 5 2 1 0.1 15
226k-250k 10 3 0.1 20
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
651k-700k 9 3 1 0.1 18
701k-750k 10 3 0.1 20
751k-800k 6 1 0 36
801k-850k 5 1 1 0 30
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 1 0
3.5m-4m 1 1 0.2 6
5.01m-6m 2 0
6.01m-7m 1 0
13.01m-14m 1 0.2 0