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 3 6 0.3 3
76k-100k 5 10 2 0.3 3
101k-125k 12 30 3 0.4 2.4
126k-150k 25 64 4 0.4 2.3
151k-175k 52 81 19 0.3 3.9
176k-200k 76 92 20 0.2 5
201k-225k 93 107 13 0.2 5.2
226k-250k 110 122 26 0.2 5.4
251k-275k 122 113 19 0.2 6.5
276k-300k 150 124 19 0.1 7.3
301k-325k 87 99 11 0.2 5.3
326k-350k 126 112 15 0.1 6.8
351k-375k 92 75 11 0.1 7.4
376k-400k 99 100 17 0.2 5.9
401k-425k 74 78 10 0.2 5.7
426k-450k 72 77 11 0.2 5.6
451k-475k 45 50 7 0.2 5.4
476k-500k 72 79 9 0.2 5.5
501k-550k 89 130 11 0.2 4.1
551k-600k 78 119 12 0.3 3.9
601k-650k 54 119 17 0.4 2.7
651k-700k 40 118 13 0.5 2
701k-750k 42 78 4 0.3 3.2
751k-800k 23 94 13 0.7 1.5
801k-850k 33 69 4 0.3 2.9
851k-900k 29 76 9 0.4 2.3
901k-950k 29 40 2 0.2 4.4
951k-1m 26 41 0.3 3.8
1m-1.1m 26 65 7 0.4 2.4
1.1m-1.2m 31 60 10 0.3 3.1
1.2m-1.3m 26 48 4 0.3 3.3
1.3m-1.4m 18 37 6 0.3 2.9
1.4m-1.5m 18 32 3 0.3 3.4
1.5m-1.6m 16 23 1 0.2 4.2
1.6m-1.7m 9 27 2 0.5 2
1.7m-1.8m 15 17 0.2 5.3
1.8m-1.9m 10 14 1 0.2 4.3
1.9m-2m 10 15 3 0.3 4
2m-2.25m 21 22 1 0.2 5.7
2.25m-2.5m 14 33 4 0.4 2.5
2.5m-2.75m 18 9 0.1 12
2.75m-3m 14 17 1 0.2 4.9
3m-3.5m 20 16 1 0.1 7.5
3.5m-4m 19 11 2 0.1 10.4
4m-4.5m 10 6 2 0.1 10
4.5m-5m 9 5 1 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 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 5 0.4 2.4
126k-150k 5 5 0.2 6
151k-175k 5 8 2 0.3 3.8
176k-200k 16 9 3 0.1 10.7
201k-225k 24 18 2 0.1 8
226k-250k 27 24 4 0.1 6.8
251k-275k 23 24 3 0.2 5.8
276k-300k 22 37 2 0.3 3.6
301k-325k 12 19 1 0.3 3.8
326k-350k 24 33 0.2 4.4
351k-375k 13 31 3 0.4 2.5
376k-400k 45 40 6 0.1 6.8
401k-425k 18 31 5 0.3 3.5
426k-450k 28 44 10 0.3 3.8
451k-475k 24 42 4 0.3 3.4
476k-500k 31 38 4 0.2 4.9
501k-550k 49 65 6 0.2 4.5
551k-600k 35 45 5 0.2 4.7
601k-650k 33 53 10 0.3 3.7
651k-700k 21 41 3 0.3 3.1
701k-750k 25 24 3 0.2 6.3
751k-800k 23 24 2 0.2 5.8
801k-850k 11 9 1 0.1 7.3
851k-900k 20 14 2 0.1 8.6
901k-950k 11 4 1 0.1 16.5
951k-1m 4 5 0.2 4.8
1m-1.1m 11 9 3 0.1 7.3
1.1m-1.2m 8 8 1 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 1 0.2 6
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 2 0.1 6.9
126k-150k 16 23 1 0.2 4.2
151k-175k 34 33 5 0.2 6.2
176k-200k 82 64 8 0.1 7.7
201k-225k 114 83 11 0.1 8.2
226k-250k 106 108 13 0.2 5.9
251k-275k 117 107 10 0.2 6.6
276k-300k 122 101 12 0.1 7.2
301k-325k 64 103 14 0.3 3.7
326k-350k 88 90 4 0.2 5.9
351k-375k 50 50 5 0.2 6
376k-400k 58 68 9 0.2 5.1
401k-425k 32 46 2 0.2 4.2
426k-450k 30 25 1 0.1 7.2
451k-475k 28 30 1 0.2 5.6
476k-500k 37 35 4 0.2 6.3
501k-550k 41 38 4 0.2 6.5
551k-600k 28 26 0.2 6.5
601k-650k 23 25 2 0.2 5.5
651k-700k 17 16 2 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 8 10 4 0.2 4.8
901k-950k 2 2 0.2 6
951k-1m 4 3 0.1 8
1m-1.1m 7 6 3 0.1 7
1.1m-1.2m 13 0
1.2m-1.3m 5 9 0.3 3.3
1.3m-1.4m 6 4 3 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 61 33 3 0.1 11.1
76k-100k 57 22 3 0.1 15.5
101k-125k 36 8 1 0 27
126k-150k 29 8 0 21.8
151k-175k 22 2 0 66
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 4 0.1 9
651k-700k 6 3 0.1 12
701k-750k 8 1 0 48
751k-800k 7 0
801k-850k 4 2 0.1 12
851k-900k 7 1 0 42
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 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
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