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 0.2 0
51k-75k 3 6 0.3 3
76k-100k 6 9 1 0.3 4
101k-125k 10 30 4 0.5 2
126k-150k 24 65 6 0.5 2.2
151k-175k 52 76 14 0.2 4.1
176k-200k 64 95 25 0.2 4
201k-225k 85 113 12 0.2 4.5
226k-250k 107 121 29 0.2 5.3
251k-275k 118 120 25 0.2 5.9
276k-300k 152 128 24 0.1 7.1
301k-325k 90 99 14 0.2 5.5
326k-350k 122 118 22 0.2 6.2
351k-375k 90 84 12 0.2 6.4
376k-400k 105 104 19 0.2 6.1
401k-425k 77 76 11 0.2 6.1
426k-450k 65 82 15 0.2 4.8
451k-475k 48 53 7 0.2 5.4
476k-500k 63 83 15 0.2 4.6
501k-550k 91 137 17 0.3 4
551k-600k 74 123 16 0.3 3.6
601k-650k 55 122 18 0.4 2.7
651k-700k 46 120 20 0.4 2.3
701k-750k 38 81 3 0.4 2.8
751k-800k 31 98 18 0.5 1.9
801k-850k 31 72 8 0.4 2.6
851k-900k 32 77 9 0.4 2.5
901k-950k 31 41 2 0.2 4.5
951k-1m 21 41 3 0.3 3.1
1m-1.1m 30 65 5 0.4 2.8
1.1m-1.2m 35 58 11 0.3 3.6
1.2m-1.3m 28 46 2 0.3 3.7
1.3m-1.4m 23 37 5 0.3 3.7
1.4m-1.5m 20 34 5 0.3 3.5
1.5m-1.6m 15 22 2 0.2 4.1
1.6m-1.7m 8 28 5 0.6 1.7
1.7m-1.8m 15 17 1 0.2 5.3
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 11 14 4 0.2 4.7
2m-2.25m 25 23 3 0.2 6.5
2.25m-2.5m 17 33 5 0.3 3.1
2.5m-2.75m 20 9 0.1 13.3
2.75m-3m 15 17 3 0.2 5.3
3m-3.5m 20 16 2 0.1 7.5
3.5m-4m 20 13 2 0.1 9.2
4m-4.5m 11 5 2 0.1 13.2
4.5m-5m 8 5 2 0.1 9.6
5.01m-6m 13 9 2 0.1 8.7
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 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 0.3 4
126k-150k 6 5 1 0.1 7.2
151k-175k 6 6 1 0.2 6
176k-200k 18 10 2 0.1 10.8
201k-225k 22 19 2 0.1 6.9
226k-250k 27 29 5 0.2 5.6
251k-275k 22 23 2 0.2 5.7
276k-300k 25 37 4 0.2 4.1
301k-325k 12 19 0.3 3.8
326k-350k 26 35 1 0.2 4.5
351k-375k 14 30 3 0.4 2.8
376k-400k 48 39 3 0.1 7.4
401k-425k 23 31 4 0.2 4.5
426k-450k 31 44 10 0.2 4.2
451k-475k 27 41 6 0.3 4
476k-500k 26 38 4 0.2 4.1
501k-550k 47 64 7 0.2 4.4
551k-600k 44 46 7 0.2 5.7
601k-650k 38 51 9 0.2 4.5
651k-700k 22 38 7 0.3 3.5
701k-750k 24 27 3 0.2 5.3
751k-800k 24 25 2 0.2 5.8
801k-850k 13 9 0.1 8.7
851k-900k 23 12 1 0.1 11.5
901k-950k 11 4 1 0.1 16.5
951k-1m 3 5 0.3 3.6
1m-1.1m 12 7 2 0.1 10.3
1.1m-1.2m 8 9 0.2 5.3
1.2m-1.3m 8 5 0.1 9.6
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 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 1 0.2 6
101k-125k 8 7 3 0.1 6.9
126k-150k 18 22 4 0.2 4.9
151k-175k 33 34 5 0.2 5.8
176k-200k 80 69 10 0.1 7
201k-225k 112 85 11 0.1 7.9
226k-250k 108 114 12 0.2 5.7
251k-275k 117 105 13 0.1 6.7
276k-300k 122 104 11 0.1 7
301k-325k 62 107 17 0.3 3.5
326k-350k 89 92 4 0.2 5.8
351k-375k 58 51 7 0.1 6.8
376k-400k 61 69 11 0.2 5.3
401k-425k 34 53 6 0.3 3.8
426k-450k 33 26 1 0.1 7.6
451k-475k 29 31 1 0.2 5.6
476k-500k 38 39 5 0.2 5.8
501k-550k 43 36 8 0.1 7.2
551k-600k 28 28 3 0.2 6
601k-650k 24 26 2 0.2 5.5
651k-700k 19 17 2 0.1 6.7
701k-750k 13 8 0.1 9.8
751k-800k 13 8 1 0.1 9.8
801k-850k 9 9 1 0.2 6
851k-900k 9 8 2 0.1 6.8
901k-950k 2 2 0.2 6
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 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 5 1 0 30
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 11% 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 63 33 5 0.1 11.5
76k-100k 59 19 2 0.1 18.6
101k-125k 39 9 1 0 26
126k-150k 28 8 2 0 21
151k-175k 22 2 1 0 66
176k-200k 6 4 2 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 9 1 0 54
751k-800k 7 0
801k-850k 4 2 0.1 12
851k-900k 6 2 1 0.1 18
901k-950k 2 1 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