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 10 2 0.3 3.6
101k-125k 13 30 2 0.4 2.6
126k-150k 24 61 3 0.4 2.4
151k-175k 50 83 21 0.3 3.6
176k-200k 77 88 16 0.2 5.3
201k-225k 89 111 18 0.2 4.8
226k-250k 116 120 22 0.2 5.8
251k-275k 118 116 22 0.2 6.1
276k-300k 148 122 19 0.1 7.3
301k-325k 84 100 11 0.2 5
326k-350k 126 111 14 0.1 6.8
351k-375k 87 78 15 0.1 6.7
376k-400k 100 101 17 0.2 5.9
401k-425k 70 80 12 0.2 5.3
426k-450k 74 77 9 0.2 5.8
451k-475k 43 47 5 0.2 5.5
476k-500k 72 77 9 0.2 5.6
501k-550k 85 128 12 0.3 4
551k-600k 78 115 10 0.2 4.1
601k-650k 53 117 17 0.4 2.7
651k-700k 44 113 12 0.4 2.3
701k-750k 40 78 4 0.3 3.1
751k-800k 23 95 15 0.7 1.5
801k-850k 31 68 4 0.4 2.7
851k-900k 27 76 9 0.5 2.1
901k-950k 30 39 1 0.2 4.6
951k-1m 21 46 5 0.4 2.7
1m-1.1m 24 63 7 0.4 2.3
1.1m-1.2m 28 59 10 0.4 2.8
1.2m-1.3m 26 48 4 0.3 3.3
1.3m-1.4m 17 35 6 0.3 2.9
1.4m-1.5m 18 33 3 0.3 3.3
1.5m-1.6m 13 23 2 0.3 3.4
1.6m-1.7m 9 27 2 0.5 2
1.7m-1.8m 14 18 1 0.2 4.7
1.8m-1.9m 8 16 3 0.3 3
1.9m-2m 10 15 1 0.3 4
2m-2.25m 18 23 2 0.2 4.7
2.25m-2.5m 13 34 4 0.4 2.3
2.5m-2.75m 20 9 0.1 13.3
2.75m-3m 13 17 1 0.2 4.6
3m-3.5m 20 16 0.1 7.5
3.5m-4m 19 10 0.1 11.4
4m-4.5m 10 6 1 0.1 10
4.5m-5m 9 5 0.1 10.8
5.01m-6m 11 9 0.1 7.3
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 21% 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 4 0.3 3
126k-150k 5 5 0.2 6
151k-175k 4 8 2 0.3 3
176k-200k 17 9 3 0.1 11.3
201k-225k 23 18 3 0.1 7.7
226k-250k 27 22 3 0.1 7.4
251k-275k 23 24 3 0.2 5.8
276k-300k 22 37 2 0.3 3.6
301k-325k 10 19 2 0.3 3.2
326k-350k 23 32 0.2 4.3
351k-375k 13 31 2 0.4 2.5
376k-400k 43 41 8 0.2 6.3
401k-425k 17 31 5 0.3 3.3
426k-450k 30 43 8 0.2 4.2
451k-475k 23 41 4 0.3 3.4
476k-500k 31 35 4 0.2 5.3
501k-550k 50 60 5 0.2 5
551k-600k 30 45 6 0.3 4
601k-650k 33 52 8 0.3 3.8
651k-700k 20 39 3 0.3 3.1
701k-750k 25 22 3 0.1 6.8
751k-800k 22 22 1 0.2 6
801k-850k 10 9 1 0.2 6.7
851k-900k 21 14 2 0.1 9
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 6 8 3 0.2 4.5
1.1m-1.2m 8 7 1 0.1 6.9
1.2m-1.3m 9 4 0.1 13.5
1.3m-1.4m 7 1 1.2 0
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 1 1 0.2 6
1.9m-2m 1 0.2 0
2m-2.25m 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 2 0.1 6.9
126k-150k 16 23 1 0.2 4.2
151k-175k 33 32 5 0.2 6.2
176k-200k 79 64 10 0.1 7.4
201k-225k 114 83 12 0.1 8.2
226k-250k 108 109 13 0.2 5.9
251k-275k 115 107 9 0.2 6.4
276k-300k 117 102 14 0.1 6.9
301k-325k 60 100 15 0.3 3.6
326k-350k 88 89 3 0.2 5.9
351k-375k 53 49 3 0.2 6.5
376k-400k 59 66 7 0.2 5.4
401k-425k 33 45 2 0.2 4.4
426k-450k 30 25 1 0.1 7.2
451k-475k 29 31 2 0.2 5.6
476k-500k 38 33 3 0.1 6.9
501k-550k 39 36 4 0.2 6.5
551k-600k 28 25 0.1 6.7
601k-650k 23 25 1 0.2 5.5
651k-700k 17 16 1 0.2 6.4
701k-750k 14 7 1 0.1 12
751k-800k 14 7 0.1 12
801k-850k 7 9 2 0.2 4.7
851k-900k 7 10 3 0.2 4.2
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 6 7 3 0.2 5.1
1.1m-1.2m 14 0
1.2m-1.3m 5 9 0.3 3.3
1.3m-1.4m 6 4 2 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 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 3 0.1 12
26k-50k 41 19 4 0.1 12.9
51k-75k 60 31 2 0.1 11.6
76k-100k 54 21 3 0.1 15.4
101k-125k 38 5 0 45.6
126k-150k 29 6 0 29
151k-175k 21 2 0 63
176k-200k 7 2 0 21
201k-225k 3 2 0.1 9
226k-250k 8 1 0 48
251k-275k 2 0
276k-300k 8 1 1 0 48
301k-325k 3 1 0.1 18
326k-350k 6 4 1 0.1 9
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 3 0.1 12
601k-650k 1 0
651k-700k 6 3 0.1 12
701k-750k 9 1 0 54
751k-800k 7 0
801k-850k 4 2 0.1 12
851k-900k 7 2 1 0 21
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 0.5 2
1.2m-1.3m 3 2 1 0.1 9
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
2m-2.25m 1 0
2.75m-3m 1 0
3m-3.5m 3 1 0.1 18
5.01m-6m 2 0
6.01m-7m 1 0