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 1 6 1 1
76k-100k 4 12 3 0.5 2
101k-125k 12 29 5 0.4 2.5
126k-150k 20 60 4 0.5 2
151k-175k 43 88 21 0.3 2.9
176k-200k 73 87 11 0.2 5
201k-225k 85 109 16 0.2 4.7
226k-250k 110 119 25 0.2 5.5
251k-275k 114 113 17 0.2 6.1
276k-300k 136 123 19 0.2 6.6
301k-325k 75 101 12 0.2 4.5
326k-350k 107 107 9 0.2 6
351k-375k 84 80 16 0.2 6.3
376k-400k 90 102 15 0.2 5.3
401k-425k 70 83 11 0.2 5.1
426k-450k 66 75 5 0.2 5.3
451k-475k 39 51 8 0.2 4.6
476k-500k 62 75 9 0.2 5
501k-550k 77 132 16 0.3 3.5
551k-600k 85 119 10 0.2 4.3
601k-650k 51 113 16 0.4 2.7
651k-700k 45 112 9 0.4 2.4
701k-750k 40 83 4 0.3 2.9
751k-800k 22 93 12 0.7 1.4
801k-850k 27 69 6 0.4 2.3
851k-900k 28 72 5 0.4 2.3
901k-950k 28 38 2 0.2 4.4
951k-1m 20 47 7 0.4 2.6
1m-1.1m 26 62 4 0.4 2.5
1.1m-1.2m 27 55 10 0.3 2.9
1.2m-1.3m 26 46 3 0.3 3.4
1.3m-1.4m 17 34 4 0.3 3
1.4m-1.5m 15 34 5 0.4 2.6
1.5m-1.6m 14 24 2 0.3 3.5
1.6m-1.7m 9 25 1 0.5 2.2
1.7m-1.8m 13 19 1 0.2 4.1
1.8m-1.9m 7 15 2 0.4 2.8
1.9m-2m 6 13 1 0.4 2.8
2m-2.25m 17 23 1 0.2 4.4
2.25m-2.5m 16 33 4 0.3 2.9
2.5m-2.75m 20 9 0.1 13.3
2.75m-3m 11 15 1 0.2 4.4
3m-3.5m 15 18 0.2 5
3.5m-4m 17 10 1 0.1 10.2
4m-4.5m 7 9 3 0.2 4.7
4.5m-5m 7 3 0.1 14
5.01m-6m 12 9 0.1 8
6.01m-7m 3 1 0.1 18
7.01m-8m 2 1 0.1 12
8.01m-9m 1 2 0.3 3
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 4 0.3 3
126k-150k 4 4 0.2 6
151k-175k 4 9 3 0.4 2.7
176k-200k 14 11 5 0.1 7.6
201k-225k 19 17 2 0.1 6.7
226k-250k 31 22 2 0.1 8.5
251k-275k 20 22 2 0.2 5.5
276k-300k 22 34 1 0.3 3.9
301k-325k 9 20 3 0.4 2.7
326k-350k 19 33 2 0.3 3.5
351k-375k 12 28 2 0.4 2.6
376k-400k 39 44 9 0.2 5.3
401k-425k 16 32 5 0.3 3
426k-450k 22 45 6 0.3 2.9
451k-475k 24 40 4 0.3 3.6
476k-500k 30 35 3 0.2 5.1
501k-550k 48 62 5 0.2 4.6
551k-600k 29 46 10 0.3 3.8
601k-650k 30 51 5 0.3 3.5
651k-700k 21 38 2 0.3 3.3
701k-750k 25 24 1 0.2 6.3
751k-800k 20 21 0.2 5.7
801k-850k 12 8 1 0.1 9
851k-900k 17 15 4 0.1 6.8
901k-950k 11 3 1 0 22
951k-1m 7 4 0.1 10.5
1m-1.1m 7 8 3 0.2 5.3
1.1m-1.2m 6 10 3 0.3 3.6
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 6 1 1 0
1.4m-1.5m 1 4 1 0.7 1.5
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 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 3 0
51k-75k 4 2 0.1 12
76k-100k 1 1 1 0.2 6
101k-125k 6 7 2 0.2 5.1
126k-150k 16 23 2 0.2 4.2
151k-175k 38 35 6 0.2 6.5
176k-200k 74 63 8 0.1 7
201k-225k 105 80 11 0.1 7.9
226k-250k 104 106 12 0.2 5.9
251k-275k 106 105 11 0.2 6.1
276k-300k 121 99 12 0.1 7.3
301k-325k 59 97 10 0.3 3.6
326k-350k 79 84 2 0.2 5.6
351k-375k 48 45 6 0.2 6.4
376k-400k 56 65 6 0.2 5.2
401k-425k 37 43 2 0.2 5.2
426k-450k 23 25 3 0.2 5.5
451k-475k 25 31 4 0.2 4.8
476k-500k 33 35 3 0.2 5.7
501k-550k 38 35 2 0.2 6.5
551k-600k 27 26 1 0.2 6.2
601k-650k 21 26 2 0.2 4.8
651k-700k 16 15 1 0.2 6.4
701k-750k 12 8 1 0.1 9
751k-800k 14 7 0.1 12
801k-850k 8 10 2 0.2 4.8
851k-900k 6 7 1 0.2 5.1
901k-950k 2 3 1 0.3 4
951k-1m 6 4 0.1 9
1m-1.1m 6 7 3 0.2 5.1
1.1m-1.2m 14 1 0 84
1.2m-1.3m 5 7 0.2 4.3
1.3m-1.4m 6 3 0.1 12
1.4m-1.5m 6 3 0.1 12
1.5m-1.6m 2 2 0.2 6
1.6m-1.7m 4 0
1.7m-1.8m 7 1 0 42
1.8m-1.9m 3 0
1.9m-2m 6 2 1 0.1 18
2m-2.25m 3 2 1 0.1 9
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 2 2 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

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 2 3 0.3 4
26k-50k 27 21 4 0.1 7.7
51k-75k 43 29 1 0.1 8.9
76k-100k 42 20 1 0.1 12.6
101k-125k 34 5 0 40.8
126k-150k 24 6 0 24
151k-175k 22 2 0 66
176k-200k 5 2 0.1 15
201k-225k 3 2 0.1 9
226k-250k 5 1 0 30
251k-275k 2 0
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 5 4 1 0.1 7.5
351k-375k 4 2 0.1 12
376k-400k 3 1 0.1 18
426k-450k 2 1 0.1 12
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 1 1 0.2 6
551k-600k 5 3 0.1 10
601k-650k 1 0
651k-700k 6 3 0.1 12
701k-750k 9 1 0 54
751k-800k 6 0
801k-850k 4 1 0 24
851k-900k 6 2 1 0.1 18
901k-950k 3 1 0.1 18
951k-1m 6 2 0.1 18
1m-1.1m 3 0
1.1m-1.2m 1 3 0.5 2
1.2m-1.3m 3 3 1 0.2 6
1.3m-1.4m 2 0
1.4m-1.5m 1 0.2 0
1.5m-1.6m 3 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 3 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