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 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
1k-25k 1 0
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 21 60 4 0.5 2.1
151k-175k 41 89 22 0.4 2.8
176k-200k 71 88 12 0.2 4.8
201k-225k 85 110 17 0.2 4.6
226k-250k 111 118 24 0.2 5.6
251k-275k 113 115 19 0.2 5.9
276k-300k 136 125 21 0.2 6.5
301k-325k 76 103 12 0.2 4.4
326k-350k 108 105 10 0.2 6.2
351k-375k 84 81 15 0.2 6.2
376k-400k 90 103 16 0.2 5.2
401k-425k 70 83 11 0.2 5.1
426k-450k 67 75 6 0.2 5.4
451k-475k 38 51 8 0.2 4.5
476k-500k 62 76 9 0.2 4.9
501k-550k 77 132 17 0.3 3.5
551k-600k 84 120 10 0.2 4.2
601k-650k 51 113 16 0.4 2.7
651k-700k 46 112 8 0.4 2.5
701k-750k 40 84 5 0.4 2.9
751k-800k 22 90 11 0.7 1.5
801k-850k 27 72 8 0.4 2.3
851k-900k 27 72 5 0.4 2.3
901k-950k 28 38 2 0.2 4.4
951k-1m 20 46 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 16 34 5 0.4 2.8
1.5m-1.6m 14 24 2 0.3 3.5
1.6m-1.7m 9 26 1 0.5 2.1
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 12 0.3 3
2m-2.25m 17 24 2 0.2 4.3
2.25m-2.5m 16 33 4 0.3 2.9
2.5m-2.75m 20 9 0.1 13.3
2.75m-3m 12 14 1 0.2 5.1
3m-3.5m 15 18 0.2 5
3.5m-4m 17 11 2 0.1 9.3
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 18% 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 12 6 0.1 7
201k-225k 19 17 1 0.1 6.7
226k-250k 31 21 2 0.1 8.9
251k-275k 21 22 2 0.2 5.7
276k-300k 21 34 1 0.3 3.7
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 46 6 0.3 2.9
451k-475k 24 39 4 0.3 3.7
476k-500k 29 37 5 0.2 4.7
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 22 1 0.2 5.5
801k-850k 12 8 1 0.1 9
851k-900k 17 14 3 0.1 7.3
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 10% 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 2 1 1 0.1 12
101k-125k 6 8 2 0.2 4.5
126k-150k 17 23 3 0.2 4.4
151k-175k 39 34 5 0.1 6.9
176k-200k 74 63 8 0.1 7
201k-225k 105 81 11 0.1 7.8
226k-250k 106 105 12 0.2 6.1
251k-275k 105 107 12 0.2 5.9
276k-300k 121 102 15 0.1 7.1
301k-325k 59 94 8 0.3 3.8
326k-350k 79 84 2 0.2 5.6
351k-375k 49 45 6 0.2 6.5
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 29 26 1 0.1 6.7
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 7 7 3 0.2 6
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 2 2 0.2 6
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 10% 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 21 1 0.1 12
101k-125k 34 6 0 34
126k-150k 25 4 0 37.5
151k-175k 23 2 0 69
176k-200k 4 2 0.1 12
201k-225k 3 2 0.1 9
226k-250k 5 1 0 30
251k-275k 1 1 1 0.2 6
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 5 5 1 0.2 6
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 2 0.3 3
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 3 0.1 12
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 0
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