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 25 63 6 0.4 2.4
151k-175k 53 75 13 0.2 4.2
176k-200k 69 93 23 0.2 4.5
201k-225k 84 113 11 0.2 4.5
226k-250k 108 121 29 0.2 5.4
251k-275k 116 120 25 0.2 5.8
276k-300k 153 129 24 0.1 7.1
301k-325k 91 98 13 0.2 5.6
326k-350k 124 117 21 0.2 6.4
351k-375k 91 83 11 0.2 6.6
376k-400k 105 104 19 0.2 6.1
401k-425k 78 75 10 0.2 6.2
426k-450k 66 81 14 0.2 4.9
451k-475k 47 53 7 0.2 5.3
476k-500k 63 83 15 0.2 4.6
501k-550k 90 137 17 0.3 3.9
551k-600k 74 123 16 0.3 3.6
601k-650k 55 122 18 0.4 2.7
651k-700k 47 119 19 0.4 2.4
701k-750k 38 81 3 0.4 2.8
751k-800k 32 97 17 0.5 2
801k-850k 30 72 8 0.4 2.5
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 36 59 12 0.3 3.7
1.2m-1.3m 27 46 2 0.3 3.5
1.3m-1.4m 23 36 4 0.3 3.8
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 12 14 1 0.2 5.1
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 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 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 23 17 1 0.1 8.1
226k-250k 29 29 5 0.2 6
251k-275k 23 22 1 0.2 6.3
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 46 64 7 0.2 4.3
551k-600k 45 46 7 0.2 5.9
601k-650k 37 51 9 0.2 4.4
651k-700k 23 37 6 0.3 3.7
701k-750k 24 26 3 0.2 5.5
751k-800k 24 26 2 0.2 5.5
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 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 17 22 4 0.2 4.6
151k-175k 33 35 6 0.2 5.7
176k-200k 81 67 9 0.1 7.3
201k-225k 113 84 10 0.1 8.1
226k-250k 108 114 12 0.2 5.7
251k-275k 118 104 12 0.1 6.8
276k-300k 123 104 11 0.1 7.1
301k-325k 62 107 17 0.3 3.5
326k-350k 91 92 4 0.2 5.9
351k-375k 58 50 6 0.1 7
376k-400k 62 69 11 0.2 5.4
401k-425k 35 53 6 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 45 36 8 0.1 7.5
551k-600k 28 28 3 0.2 6
601k-650k 23 26 2 0.2 5.3
651k-700k 20 17 2 0.1 7.1
701k-750k 14 8 0.1 10.5
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 2 1 0.1 12
1.6m-1.7m 5 0
1.7m-1.8m 7 2 0 21
1.8m-1.9m 2 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 40 21 5 0.1 11.4
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 7 2 0 24
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 4 1 0 24
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 2 3 0.3 4
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