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 4 0.6 1.7
126k-150k 26 65 4 0.4 2.4
151k-175k 59 75 12 0.2 4.7
176k-200k 71 93 20 0.2 4.6
201k-225k 90 108 11 0.2 5
226k-250k 104 122 28 0.2 5.1
251k-275k 122 113 20 0.2 6.5
276k-300k 148 128 24 0.1 6.9
301k-325k 87 100 14 0.2 5.2
326k-350k 126 114 17 0.2 6.6
351k-375k 95 76 10 0.1 7.5
376k-400k 104 100 18 0.2 6.2
401k-425k 77 76 11 0.2 6.1
426k-450k 72 77 11 0.2 5.6
451k-475k 46 53 8 0.2 5.2
476k-500k 68 81 16 0.2 5
501k-550k 92 133 11 0.2 4.2
551k-600k 79 119 12 0.3 4
601k-650k 52 124 18 0.4 2.5
651k-700k 45 122 18 0.5 2.2
701k-750k 43 80 3 0.3 3.2
751k-800k 28 95 16 0.6 1.8
801k-850k 33 69 6 0.3 2.9
851k-900k 32 75 7 0.4 2.6
901k-950k 31 41 1 0.2 4.5
951k-1m 24 42 1 0.3 3.4
1m-1.1m 28 67 7 0.4 2.5
1.1m-1.2m 33 59 10 0.3 3.4
1.2m-1.3m 27 48 3 0.3 3.4
1.3m-1.4m 21 37 5 0.3 3.4
1.4m-1.5m 18 35 4 0.3 3.1
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 11 14 3 0.2 4.7
2m-2.25m 22 23 3 0.2 5.7
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 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 23 18 2 0.1 7.7
226k-250k 27 27 4 0.2 6
251k-275k 23 24 3 0.2 5.8
276k-300k 22 38 3 0.3 3.5
301k-325k 13 19 0.2 4.1
326k-350k 25 33 0.2 4.5
351k-375k 14 30 3 0.4 2.8
376k-400k 48 37 3 0.1 7.8
401k-425k 21 31 4 0.2 4.1
426k-450k 30 44 10 0.2 4.1
451k-475k 24 41 4 0.3 3.5
476k-500k 32 37 4 0.2 5.2
501k-550k 49 63 4 0.2 4.7
551k-600k 38 44 7 0.2 5.2
601k-650k 36 52 11 0.2 4.2
651k-700k 21 41 6 0.3 3.1
701k-750k 26 25 4 0.2 6.2
751k-800k 24 25 2 0.2 5.8
801k-850k 12 8 0.1 9
851k-900k 20 15 2 0.1 8
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 11 9 3 0.1 7.3
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 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 9 6 3 0.1 9
126k-150k 17 22 4 0.2 4.6
151k-175k 34 32 4 0.2 6.4
176k-200k 80 67 9 0.1 7.2
201k-225k 111 87 12 0.1 7.7
226k-250k 109 110 12 0.2 5.9
251k-275k 119 108 15 0.2 6.6
276k-300k 128 101 8 0.1 7.6
301k-325k 62 104 16 0.3 3.6
326k-350k 89 92 5 0.2 5.8
351k-375k 53 48 5 0.2 6.6
376k-400k 59 68 11 0.2 5.2
401k-425k 32 50 1 0.3 3.8
426k-450k 32 26 2 0.1 7.4
451k-475k 30 31 1 0.2 5.8
476k-500k 39 37 4 0.2 6.3
501k-550k 42 37 6 0.1 6.8
551k-600k 28 28 2 0.2 6
601k-650k 24 27 3 0.2 5.3
651k-700k 18 16 2 0.1 6.8
701k-750k 12 9 1 0.1 8
751k-800k 14 7 0.1 12
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 9 4 1 0.1 13.5
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 7 3 1 0.1 14
1.5m-1.6m 1 2 1 0.3 3
1.6m-1.7m 4 0
1.7m-1.8m 6 2 0.1 18
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 58 20 3 0.1 17.4
101k-125k 38 9 1 0 25.3
126k-150k 29 8 1 0 21.8
151k-175k 22 2 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 6 3 0.1 12
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