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 10 29 3 0.5 2.1
126k-150k 26 64 5 0.4 2.4
151k-175k 57 75 12 0.2 4.6
176k-200k 66 94 21 0.2 4.2
201k-225k 90 112 13 0.2 4.8
226k-250k 105 123 29 0.2 5.1
251k-275k 124 117 21 0.2 6.4
276k-300k 148 129 25 0.1 6.9
301k-325k 90 99 14 0.2 5.5
326k-350k 125 116 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 79 77 10 0.2 6.2
426k-450k 69 81 13 0.2 5.1
451k-475k 46 54 7 0.2 5.1
476k-500k 65 81 15 0.2 4.8
501k-550k 89 133 11 0.2 4
551k-600k 79 123 15 0.3 3.9
601k-650k 54 122 16 0.4 2.7
651k-700k 46 120 17 0.4 2.3
701k-750k 41 81 3 0.3 3
751k-800k 29 98 18 0.6 1.8
801k-850k 33 71 8 0.4 2.8
851k-900k 32 76 8 0.4 2.5
901k-950k 31 41 1 0.2 4.5
951k-1m 21 41 1 0.3 3.1
1m-1.1m 30 67 6 0.4 2.7
1.1m-1.2m 33 58 11 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 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 24 23 3 0.2 6.3
2.25m-2.5m 17 33 4 0.3 3.1
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 23 19 2 0.1 7.3
226k-250k 27 28 4 0.2 5.8
251k-275k 23 24 3 0.2 5.8
276k-300k 24 36 3 0.3 4
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 2 0.1 7.7
401k-425k 21 32 5 0.3 3.9
426k-450k 31 44 10 0.2 4.2
451k-475k 25 42 5 0.3 3.6
476k-500k 29 38 4 0.2 4.6
501k-550k 46 63 6 0.2 4.4
551k-600k 43 46 8 0.2 5.6
601k-650k 37 51 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 23 25 2 0.2 5.5
801k-850k 14 9 0.1 9.3
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 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 10 5 2 0.1 12
126k-150k 17 22 4 0.2 4.6
151k-175k 33 34 5 0.2 5.8
176k-200k 79 68 9 0.1 7
201k-225k 113 87 12 0.1 7.8
226k-250k 108 111 11 0.2 5.8
251k-275k 116 107 14 0.2 6.5
276k-300k 122 104 11 0.1 7
301k-325k 61 104 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 33 50 2 0.3 4
426k-450k 33 26 1 0.1 7.6
451k-475k 29 31 1 0.2 5.6
476k-500k 39 39 5 0.2 6
501k-550k 43 36 7 0.1 7.2
551k-600k 28 28 2 0.2 6
601k-650k 25 27 3 0.2 5.6
651k-700k 19 17 2 0.1 6.7
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 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 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 63 33 3 0.1 11.5
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