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
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 59 4 0.5 2.1
151k-175k 42 90 22 0.4 2.8
176k-200k 72 87 11 0.2 5
201k-225k 84 109 16 0.2 4.6
226k-250k 110 118 24 0.2 5.6
251k-275k 114 115 18 0.2 5.9
276k-300k 133 124 22 0.2 6.4
301k-325k 78 102 11 0.2 4.6
326k-350k 108 105 10 0.2 6.2
351k-375k 84 81 15 0.2 6.2
376k-400k 91 103 16 0.2 5.3
401k-425k 71 83 11 0.2 5.1
426k-450k 62 75 6 0.2 5
451k-475k 39 51 8 0.2 4.6
476k-500k 61 76 9 0.2 4.8
501k-550k 77 131 16 0.3 3.5
551k-600k 81 120 11 0.2 4.1
601k-650k 52 113 15 0.4 2.8
651k-700k 44 112 9 0.4 2.4
701k-750k 40 83 5 0.3 2.9
751k-800k 22 89 9 0.7 1.5
801k-850k 27 72 7 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 46 7 0.4 2.6
1m-1.1m 27 62 4 0.4 2.6
1.1m-1.2m 27 55 9 0.3 2.9
1.2m-1.3m 26 47 2 0.3 3.3
1.3m-1.4m 17 33 3 0.3 3.1
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 6 16 3 0.4 2.3
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 21 9 0.1 14
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 8 9 3 0.2 5.3
4.5m-5m 7 3 0.1 14
5.01m-6m 13 9 0.1 8.7
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 3 9 3 0.5 2
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 22 22 1 0.2 6
276k-300k 23 34 1 0.2 4.1
301k-325k 9 20 3 0.4 2.7
326k-350k 19 33 2 0.3 3.5
351k-375k 10 29 3 0.5 2.1
376k-400k 39 44 9 0.2 5.3
401k-425k 16 32 5 0.3 3
426k-450k 20 48 7 0.4 2.5
451k-475k 24 38 4 0.3 3.8
476k-500k 29 37 5 0.2 4.7
501k-550k 47 62 5 0.2 4.5
551k-600k 30 45 10 0.3 4
601k-650k 29 51 5 0.3 3.4
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 13 3 0.1 7.8
901k-950k 12 3 1 0 24
951k-1m 7 4 0.1 10.5
1m-1.1m 7 8 3 0.2 5.3
1.1m-1.2m 5 11 4 0.4 2.7
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 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 1 0.2 0
26k-50k 2 1 1 0.1 12
51k-75k 4 2 0.1 12
76k-100k 2 2 2 0.2 6
101k-125k 6 8 2 0.2 4.5
126k-150k 19 22 3 0.2 5.2
151k-175k 38 34 4 0.1 6.7
176k-200k 74 62 7 0.1 7.2
201k-225k 103 81 12 0.1 7.6
226k-250k 107 105 10 0.2 6.1
251k-275k 104 108 12 0.2 5.8
276k-300k 118 105 18 0.1 6.7
301k-325k 60 93 8 0.3 3.9
326k-350k 78 85 3 0.2 5.5
351k-375k 49 45 4 0.2 6.5
376k-400k 55 65 6 0.2 5.1
401k-425k 38 43 2 0.2 5.3
426k-450k 23 25 3 0.2 5.5
451k-475k 26 31 4 0.2 5
476k-500k 34 35 3 0.2 5.8
501k-550k 39 35 2 0.1 6.7
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 3 0.1 12
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 9% 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 30 22 4 0.1 8.2
51k-75k 46 28 1 0.1 9.9
76k-100k 49 21 1 0.1 14
101k-125k 35 6 0 35
126k-150k 26 4 0 39
151k-175k 23 2 0 69
176k-200k 5 2 0.1 15
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 4 0.1 7.5
601k-650k 1 0
651k-700k 6 2 0.1 18
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