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 54 76 14 0.2 4.3
176k-200k 63 96 26 0.3 3.9
201k-225k 89 114 13 0.2 4.7
226k-250k 106 121 29 0.2 5.3
251k-275k 118 119 24 0.2 5.9
276k-300k 153 128 24 0.1 7.2
301k-325k 90 99 14 0.2 5.5
326k-350k 121 119 23 0.2 6.1
351k-375k 92 83 12 0.2 6.7
376k-400k 104 105 19 0.2 5.9
401k-425k 77 77 12 0.2 6
426k-450k 66 82 15 0.2 4.8
451k-475k 47 54 7 0.2 5.2
476k-500k 64 82 14 0.2 4.7
501k-550k 89 136 17 0.3 3.9
551k-600k 75 123 16 0.3 3.7
601k-650k 54 122 18 0.4 2.7
651k-700k 46 120 20 0.4 2.3
701k-750k 39 81 3 0.3 2.9
751k-800k 31 98 18 0.5 1.9
801k-850k 31 73 9 0.4 2.5
851k-900k 32 76 8 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 34 58 11 0.3 3.5
1.2m-1.3m 28 46 2 0.3 3.7
1.3m-1.4m 21 38 6 0.3 3.3
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 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 20% 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 5 6 2 0.2 5
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 26 42 6 0.3 3.7
476k-500k 27 38 4 0.2 4.3
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 39 7 0.3 3.4
701k-750k 23 27 4 0.2 5.1
751k-800k 24 25 2 0.2 5.8
801k-850k 13 9 0.1 8.7
851k-900k 20 15 4 0.1 8
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 9 9 0.2 6
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 8 7 3 0.1 6.9
126k-150k 18 22 4 0.2 4.9
151k-175k 34 33 4 0.2 6.2
176k-200k 80 69 10 0.1 7
201k-225k 112 85 11 0.1 7.9
226k-250k 108 113 11 0.2 5.7
251k-275k 116 107 15 0.2 6.5
276k-300k 121 105 12 0.1 6.9
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 35 52 5 0.2 4
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 42 37 9 0.1 6.8
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 12 9 1 0.1 8
751k-800k 13 8 1 0.1 9.8
801k-850k 9 9 1 0.2 6
851k-900k 8 9 3 0.2 5.3
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 29 8 2 0 21.8
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