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 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
26k-50k 1 0.2 0
51k-75k 4 6 0.3 4
76k-100k 5 10 1 0.3 3
101k-125k 9 31 5 0.6 1.7
126k-150k 26 64 5 0.4 2.4
151k-175k 56 76 13 0.2 4.4
176k-200k 68 95 22 0.2 4.3
201k-225k 91 112 13 0.2 4.9
226k-250k 105 122 28 0.2 5.2
251k-275k 125 116 20 0.2 6.5
276k-300k 149 129 25 0.1 6.9
301k-325k 89 99 14 0.2 5.4
326k-350k 126 116 21 0.2 6.5
351k-375k 91 80 11 0.1 6.8
376k-400k 107 100 17 0.2 6.4
401k-425k 78 78 11 0.2 6
426k-450k 69 80 12 0.2 5.2
451k-475k 47 55 8 0.2 5.1
476k-500k 65 82 16 0.2 4.8
501k-550k 90 133 11 0.2 4.1
551k-600k 80 123 15 0.3 3.9
601k-650k 53 123 17 0.4 2.6
651k-700k 47 121 18 0.4 2.3
701k-750k 42 81 3 0.3 3.1
751k-800k 27 97 18 0.6 1.7
801k-850k 32 71 8 0.4 2.7
851k-900k 32 76 8 0.4 2.5
901k-950k 31 41 1 0.2 4.5
951k-1m 24 41 1 0.3 3.5
1m-1.1m 30 67 6 0.4 2.7
1.1m-1.2m 33 59 11 0.3 3.4
1.2m-1.3m 27 48 3 0.3 3.4
1.3m-1.4m 20 37 6 0.3 3.2
1.4m-1.5m 20 35 5 0.3 3.4
1.5m-1.6m 15 23 2 0.3 3.9
1.6m-1.7m 9 27 3 0.5 2
1.7m-1.8m 15 17 0.2 5.3
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 12 14 4 0.2 5.1
2m-2.25m 23 23 3 0.2 6
2.25m-2.5m 16 33 4 0.3 2.9
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 14 17 2 0.2 4.9
3m-3.5m 20 16 2 0.1 7.5
3.5m-4m 20 12 2 0.1 10
4m-4.5m 11 5 2 0.1 13.2
4.5m-5m 9 5 2 0.1 10.8
5.01m-6m 12 9 2 0.1 8
6.01m-7m 3 1 0.1 18
7.01m-8m 3 0
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 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 3 0.3 4
126k-150k 5 6 0.2 5
151k-175k 6 7 1 0.2 5.1
176k-200k 18 8 2 0.1 13.5
201k-225k 22 19 2 0.1 6.9
226k-250k 27 28 4 0.2 5.8
251k-275k 23 24 3 0.2 5.8
276k-300k 22 38 3 0.3 3.5
301k-325k 13 20 0.3 3.9
326k-350k 25 33 0.2 4.5
351k-375k 14 30 3 0.4 2.8
376k-400k 49 38 3 0.1 7.7
401k-425k 21 32 4 0.3 3.9
426k-450k 30 45 11 0.3 4
451k-475k 25 42 5 0.3 3.6
476k-500k 29 38 4 0.2 4.6
501k-550k 47 63 6 0.2 4.5
551k-600k 43 45 8 0.2 5.7
601k-650k 38 52 9 0.2 4.4
651k-700k 21 41 6 0.3 3.1
701k-750k 25 26 4 0.2 5.8
751k-800k 24 25 2 0.2 5.8
801k-850k 12 9 0.1 8
851k-900k 20 15 3 0.1 8
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 12 8 2 0.1 9
1.1m-1.2m 9 8 0.1 6.8
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
1.9m-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 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 1 1 1 0.2 6
101k-125k 9 6 3 0.1 9
126k-150k 17 22 4 0.2 4.6
151k-175k 34 33 4 0.2 6.2
176k-200k 80 68 9 0.1 7.1
201k-225k 112 88 14 0.1 7.6
226k-250k 110 111 11 0.2 5.9
251k-275k 115 108 15 0.2 6.4
276k-300k 125 104 11 0.1 7.2
301k-325k 60 104 17 0.3 3.5
326k-350k 90 92 4 0.2 5.9
351k-375k 54 49 6 0.2 6.6
376k-400k 60 70 12 0.2 5.1
401k-425k 32 51 3 0.3 3.8
426k-450k 33 26 1 0.1 7.6
451k-475k 30 31 1 0.2 5.8
476k-500k 39 39 5 0.2 6
501k-550k 42 36 7 0.1 7
551k-600k 28 28 2 0.2 6
601k-650k 24 27 3 0.2 5.3
651k-700k 18 17 2 0.2 6.4
701k-750k 12 9 1 0.1 8
751k-800k 14 8 0.1 10.5
801k-850k 9 9 1 0.2 6
851k-900k 8 10 4 0.2 4.8
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 8 4 1 0.1 12
1.1m-1.2m 12 0
1.2m-1.3m 5 9 1 0.3 3.3
1.3m-1.4m 6 4 3 0.1 9
1.4m-1.5m 8 3 1 0.1 16
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 5 0
1.7m-1.8m 7 2 0 21
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
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 20 4 0.1 12.3
51k-75k 62 34 4 0.1 10.9
76k-100k 57 20 3 0.1 17.1
101k-125k 40 9 1 0 26.7
126k-150k 29 8 1 0 21.8
151k-175k 22 2 1 0 66
176k-200k 6 4 1 0.1 9
201k-225k 3 1 0.1 18
226k-250k 8 1 0 48
251k-275k 2 0
276k-300k 9 0
301k-325k 3 1 0.1 18
326k-350k 6 3 0.1 12
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 4 0.1 9
651k-700k 7 2 0 21
701k-750k 8 1 0 48
751k-800k 7 0
801k-850k 4 2 0.1 12
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 1 0.5 2
1.2m-1.3m 4 1 0 24
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 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
3m-3.5m 2 1 0.1 12
3.5m-4m 2 0
5.01m-6m 2 0
6.01m-7m 1 0