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 5 10 2 0.3 3
101k-125k 10 31 4 0.5 1.9
126k-150k 24 66 6 0.5 2.2
151k-175k 55 78 16 0.2 4.2
176k-200k 73 91 19 0.2 4.8
201k-225k 90 110 12 0.2 4.9
226k-250k 105 123 27 0.2 5.1
251k-275k 120 113 19 0.2 6.4
276k-300k 146 127 23 0.1 6.9
301k-325k 87 100 12 0.2 5.2
326k-350k 125 112 16 0.1 6.7
351k-375k 90 78 12 0.1 6.9
376k-400k 98 100 17 0.2 5.9
401k-425k 75 75 8 0.2 6
426k-450k 69 77 11 0.2 5.4
451k-475k 46 50 8 0.2 5.5
476k-500k 70 79 11 0.2 5.3
501k-550k 90 130 11 0.2 4.2
551k-600k 76 118 12 0.3 3.9
601k-650k 53 119 16 0.4 2.7
651k-700k 41 118 15 0.5 2.1
701k-750k 42 78 4 0.3 3.2
751k-800k 23 95 15 0.7 1.5
801k-850k 32 69 4 0.4 2.8
851k-900k 30 74 7 0.4 2.4
901k-950k 30 40 1 0.2 4.5
951k-1m 26 42 1 0.3 3.7
1m-1.1m 26 66 7 0.4 2.4
1.1m-1.2m 32 59 9 0.3 3.3
1.2m-1.3m 26 48 4 0.3 3.3
1.3m-1.4m 20 36 5 0.3 3.3
1.4m-1.5m 18 32 4 0.3 3.4
1.5m-1.6m 15 23 1 0.3 3.9
1.6m-1.7m 9 27 3 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 2 0.2 5.7
2.25m-2.5m 14 32 3 0.4 2.6
2.5m-2.75m 19 9 0.1 12.7
2.75m-3m 14 17 1 0.2 4.9
3m-3.5m 20 16 1 0.1 7.5
3.5m-4m 18 11 2 0.1 9.8
4m-4.5m 11 5 1 0.1 13.2
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 6 7 1 0.2 5.1
176k-200k 16 9 3 0.1 10.7
201k-225k 23 18 2 0.1 7.7
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 20 1 0.3 3.6
326k-350k 24 32 0.2 4.5
351k-375k 13 31 3 0.4 2.5
376k-400k 49 36 3 0.1 8.2
401k-425k 21 30 4 0.2 4.2
426k-450k 28 44 10 0.3 3.8
451k-475k 23 42 4 0.3 3.3
476k-500k 32 37 3 0.2 5.2
501k-550k 49 64 5 0.2 4.6
551k-600k 35 44 4 0.2 4.8
601k-650k 33 54 12 0.3 3.7
651k-700k 21 41 5 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 3 0.1 6.9
126k-150k 16 23 2 0.2 4.2
151k-175k 33 33 5 0.2 6
176k-200k 79 65 9 0.1 7.3
201k-225k 114 85 12 0.1 8
226k-250k 107 108 11 0.2 5.9
251k-275k 118 107 10 0.2 6.6
276k-300k 125 101 10 0.1 7.4
301k-325k 63 104 13 0.3 3.6
326k-350k 89 91 4 0.2 5.9
351k-375k 52 48 4 0.2 6.5
376k-400k 59 68 9 0.2 5.2
401k-425k 31 47 2 0.3 4
426k-450k 31 25 1 0.1 7.4
451k-475k 29 30 1 0.2 5.8
476k-500k 37 36 4 0.2 6.2
501k-550k 42 37 3 0.1 6.8
551k-600k 27 26 0.2 6.2
601k-650k 24 26 2 0.2 5.5
651k-700k 18 16 2 0.1 6.8
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 12 0
1.2m-1.3m 5 9 1 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 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 3 0.1 12
26k-50k 41 19 4 0.1 12.9
51k-75k 61 33 4 0.1 11.1
76k-100k 59 22 3 0.1 16.1
101k-125k 37 8 1 0 27.8
126k-150k 29 8 0 21.8
151k-175k 22 2 0 66
176k-200k 6 4 1 0.1 9
201k-225k 3 1 0.1 18
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 7 3 0.1 14
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