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 1 0.2 0
51k-75k 2 6 0.5 2
76k-100k 4 8 2 0.3 3
101k-125k 9 31 4 0.6 1.7
126k-150k 23 66 11 0.5 2.1
151k-175k 49 69 8 0.2 4.3
176k-200k 71 95 19 0.2 4.5
201k-225k 83 112 16 0.2 4.4
226k-250k 110 117 27 0.2 5.6
251k-275k 108 124 23 0.2 5.2
276k-300k 155 128 23 0.1 7.3
301k-325k 98 100 12 0.2 5.9
326k-350k 129 116 24 0.1 6.7
351k-375k 94 83 9 0.1 6.8
376k-400k 111 109 21 0.2 6.1
401k-425k 75 74 9 0.2 6.1
426k-450k 64 82 17 0.2 4.7
451k-475k 45 56 9 0.2 4.8
476k-500k 71 81 16 0.2 5.3
501k-550k 85 139 19 0.3 3.7
551k-600k 83 119 13 0.2 4.2
601k-650k 62 120 15 0.3 3.1
651k-700k 45 122 21 0.5 2.2
701k-750k 40 84 7 0.4 2.9
751k-800k 32 92 20 0.5 2.1
801k-850k 32 69 7 0.4 2.8
851k-900k 28 79 12 0.5 2.1
901k-950k 31 47 4 0.3 4
951k-1m 18 46 8 0.4 2.3
1m-1.1m 31 66 8 0.4 2.8
1.1m-1.2m 36 57 11 0.3 3.8
1.2m-1.3m 23 53 3 0.4 2.6
1.3m-1.4m 24 37 7 0.3 3.9
1.4m-1.5m 23 33 4 0.2 4.2
1.5m-1.6m 12 26 3 0.4 2.8
1.6m-1.7m 9 29 8 0.5 1.9
1.7m-1.8m 14 18 2 0.2 4.7
1.8m-1.9m 11 13 1 0.2 5.1
1.9m-2m 13 14 4 0.2 5.6
2m-2.25m 22 24 2 0.2 5.5
2.25m-2.5m 18 33 4 0.3 3.3
2.5m-2.75m 21 10 1 0.1 12.6
2.75m-3m 16 17 3 0.2 5.6
3m-3.5m 18 17 2 0.2 6.4
3.5m-4m 19 14 1 0.1 8.1
4m-4.5m 13 5 2 0.1 15.6
4.5m-5m 9 5 2 0.1 10.8
5.01m-6m 14 9 3 0.1 9.3
6.01m-7m 3 1 0.1 18
7.01m-8m 3 0
8.01m-9m 4 1 0.7 0
9.01m-10m 2 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 1 1 0.2 6
101k-125k 2 3 1 0.3 4
126k-150k 5 5 1 0.2 6
151k-175k 6 3 0.1 12
176k-200k 20 8 1 0.1 15
201k-225k 22 17 0.1 7.8
226k-250k 31 30 4 0.2 6.2
251k-275k 25 22 2 0.1 6.8
276k-300k 24 38 5 0.3 3.8
301k-325k 11 18 0.3 3.7
326k-350k 26 36 2 0.2 4.3
351k-375k 15 30 3 0.3 3
376k-400k 48 40 3 0.1 7.2
401k-425k 22 31 4 0.2 4.3
426k-450k 27 44 11 0.3 3.7
451k-475k 24 48 7 0.3 3
476k-500k 26 36 5 0.2 4.3
501k-550k 37 67 8 0.3 3.3
551k-600k 53 47 7 0.1 6.8
601k-650k 36 55 10 0.3 3.9
651k-700k 20 37 7 0.3 3.2
701k-750k 25 28 4 0.2 5.4
751k-800k 26 26 2 0.2 6
801k-850k 15 9 1 0.1 10
851k-900k 24 13 1 0.1 11.1
901k-950k 11 3 1 0 22
951k-1m 3 6 0.3 3
1m-1.1m 14 6 0.1 14
1.1m-1.2m 7 9 1 0.2 4.7
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 2 0.3 3
1.6m-1.7m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 3 2 0.5 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 4 0
51k-75k 3 2 0.1 9
76k-100k 1 0
101k-125k 10 7 3 0.1 8.6
126k-150k 18 22 5 0.2 4.9
151k-175k 32 41 6 0.2 4.7
176k-200k 80 67 10 0.1 7.2
201k-225k 112 84 11 0.1 8
226k-250k 112 117 14 0.2 5.7
251k-275k 122 102 11 0.1 7.2
276k-300k 125 114 19 0.2 6.6
301k-325k 68 103 14 0.3 4
326k-350k 95 98 9 0.2 5.8
351k-375k 59 50 3 0.1 7.1
376k-400k 66 67 9 0.2 5.9
401k-425k 37 55 5 0.2 4
426k-450k 34 27 3 0.1 7.6
451k-475k 29 34 2 0.2 5.1
476k-500k 40 39 6 0.2 6.2
501k-550k 47 36 9 0.1 7.8
551k-600k 29 28 3 0.2 6.2
601k-650k 22 27 2 0.2 4.9
651k-700k 21 16 3 0.1 7.9
701k-750k 17 8 0.1 12.8
751k-800k 13 8 2 0.1 9.8
801k-850k 9 11 2 0.2 4.9
851k-900k 9 6 1 0.1 9
901k-950k 2 3 0.3 4
951k-1m 4 3 0.1 8
1m-1.1m 9 4 1 0.1 13.5
1.1m-1.2m 13 0
1.2m-1.3m 7 9 1 0.2 4.7
1.3m-1.4m 6 4 3 0.1 9
1.4m-1.5m 9 4 0.1 13.5
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 6 0
1.7m-1.8m 6 2 0.1 18
1.8m-1.9m 2 0
1.9m-2m 5 1 0 30
2m-2.25m 5 1 0 30
2.25m-2.5m 6 2 0.1 18
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
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 4 0.1 9
26k-50k 40 23 6 0.1 10.4
51k-75k 65 32 4 0.1 12.2
76k-100k 59 21 4 0.1 16.9
101k-125k 38 9 1 0 25.3
126k-150k 28 7 3 0 24
151k-175k 22 1 0 132
176k-200k 9 3 1 0.1 18
201k-225k 3 1 0.1 18
226k-250k 8 1 0 48
251k-275k 2 0
276k-300k 9 0
301k-325k 3 3 0.2 6
326k-350k 5 3 0.1 10
351k-375k 1 3 1 0.5 2
376k-400k 5 1 0 30
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 2 3 0.3 4
501k-550k 2 1 0.1 12
551k-600k 4 4 0.2 6
601k-650k 3 0
651k-700k 6 2 0.1 18
701k-750k 10 1 0 60
751k-800k 6 1 0 36
801k-850k 5 2 0.1 15
851k-900k 6 2 1 0.1 18
901k-950k 2 1 1 0.1 12
951k-1m 8 2 0 24
1m-1.1m 2 0
1.1m-1.2m 1 3 1 0.5 2
1.2m-1.3m 4 1 0 24
1.3m-1.4m 2 1 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
1.9m-2m 1 0
2m-2.25m 1 0
2.5m-2.75m 1 0
3m-3.5m 2 1 0.1 12
3.5m-4m 1 0
5.01m-6m 2 0
6.01m-7m 1 0