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 5 10 1 0.3 3
101k-125k 10 30 4 0.5 2
126k-150k 25 64 6 0.4 2.3
151k-175k 55 76 13 0.2 4.3
176k-200k 65 95 23 0.2 4.1
201k-225k 89 113 13 0.2 4.7
226k-250k 106 122 28 0.2 5.2
251k-275k 123 119 22 0.2 6.2
276k-300k 151 128 24 0.1 7.1
301k-325k 90 99 14 0.2 5.5
326k-350k 123 117 21 0.2 6.3
351k-375k 91 82 12 0.2 6.7
376k-400k 105 102 18 0.2 6.2
401k-425k 78 77 11 0.2 6.1
426k-450k 66 81 13 0.2 4.9
451k-475k 47 54 7 0.2 5.2
476k-500k 63 81 15 0.2 4.7
501k-550k 91 134 13 0.2 4.1
551k-600k 79 123 17 0.3 3.9
601k-650k 54 122 16 0.4 2.7
651k-700k 46 120 19 0.4 2.3
701k-750k 40 81 3 0.3 3
751k-800k 29 98 18 0.6 1.8
801k-850k 32 72 9 0.4 2.7
851k-900k 32 76 8 0.4 2.5
901k-950k 31 41 1 0.2 4.5
951k-1m 21 41 3 0.3 3.1
1m-1.1m 30 67 6 0.4 2.7
1.1m-1.2m 33 58 12 0.3 3.4
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 9 28 4 0.5 1.9
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 4 0.3 3.1
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 15 17 3 0.2 5.3
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 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 2 1 0.3 0
101k-125k 2 3 0.3 4
126k-150k 5 6 2 0.2 5
151k-175k 6 7 1 0.2 5.1
176k-200k 18 8 2 0.1 13.5
201k-225k 23 19 2 0.1 7.3
226k-250k 26 28 4 0.2 5.6
251k-275k 23 24 3 0.2 5.8
276k-300k 25 36 3 0.2 4.2
301k-325k 12 20 0.3 3.6
326k-350k 26 34 0.2 4.6
351k-375k 14 30 3 0.4 2.8
376k-400k 49 39 3 0.1 7.5
401k-425k 21 32 5 0.3 3.9
426k-450k 31 44 10 0.2 4.2
451k-475k 25 43 7 0.3 3.5
476k-500k 27 38 4 0.2 4.3
501k-550k 46 65 7 0.2 4.2
551k-600k 44 45 6 0.2 5.9
601k-650k 37 52 9 0.2 4.3
651k-700k 22 39 6 0.3 3.4
701k-750k 24 26 4 0.2 5.5
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 4 5 0.2 4.8
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 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 79 69 10 0.1 6.9
201k-225k 113 85 12 0.1 8
226k-250k 108 112 11 0.2 5.8
251k-275k 116 107 15 0.2 6.5
276k-300k 121 104 12 0.1 7
301k-325k 62 104 17 0.3 3.6
326k-350k 89 92 4 0.2 5.8
351k-375k 55 50 6 0.2 6.6
376k-400k 61 68 11 0.2 5.4
401k-425k 34 51 4 0.3 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 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 12 9 1 0.1 8
751k-800k 13 8 0.1 9.8
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 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 4 0.1 11.5
76k-100k 59 19 2 0.1 18.6
101k-125k 39 9 1 0 26
126k-150k 29 8 1 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 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 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