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 1 6 1 1
76k-100k 6 11 2 0.3 3.3
101k-125k 11 30 5 0.5 2.2
126k-150k 22 60 4 0.5 2.2
151k-175k 40 88 23 0.4 2.7
176k-200k 72 87 14 0.2 5
201k-225k 84 108 16 0.2 4.7
226k-250k 115 118 23 0.2 5.8
251k-275k 112 111 19 0.2 6.1
276k-300k 136 121 21 0.1 6.7
301k-325k 76 100 11 0.2 4.6
326k-350k 110 106 8 0.2 6.2
351k-375k 83 78 15 0.2 6.4
376k-400k 89 101 13 0.2 5.3
401k-425k 67 83 13 0.2 4.8
426k-450k 69 76 8 0.2 5.4
451k-475k 41 47 4 0.2 5.2
476k-500k 62 77 9 0.2 4.8
501k-550k 77 128 12 0.3 3.6
551k-600k 81 117 11 0.2 4.2
601k-650k 50 114 16 0.4 2.6
651k-700k 44 114 12 0.4 2.3
701k-750k 38 80 3 0.4 2.9
751k-800k 21 97 15 0.8 1.3
801k-850k 29 66 4 0.4 2.6
851k-900k 25 73 9 0.5 2.1
901k-950k 29 39 1 0.2 4.5
951k-1m 19 47 7 0.4 2.4
1m-1.1m 25 61 5 0.4 2.5
1.1m-1.2m 27 59 11 0.4 2.7
1.2m-1.3m 26 46 4 0.3 3.4
1.3m-1.4m 17 33 5 0.3 3.1
1.4m-1.5m 17 34 4 0.3 3
1.5m-1.6m 13 24 2 0.3 3.3
1.6m-1.7m 9 26 1 0.5 2.1
1.7m-1.8m 13 18 1 0.2 4.3
1.8m-1.9m 8 16 2 0.3 3
1.9m-2m 7 14 1 0.3 3
2m-2.25m 17 23 2 0.2 4.4
2.25m-2.5m 15 34 4 0.4 2.6
2.5m-2.75m 19 8 0.1 14.3
2.75m-3m 12 16 1 0.2 4.5
3m-3.5m 17 17 0.2 6
3.5m-4m 17 10 0.1 10.2
4m-4.5m 10 6 1 0.1 10
4.5m-5m 7 5 0.1 8.4
5.01m-6m 11 9 0.1 7.3
6.01m-7m 3 1 0.1 18
7.01m-8m 2 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 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
51k-75k 2 1 0.3 0
101k-125k 2 4 0.3 3
126k-150k 4 5 0.2 4.8
151k-175k 4 8 2 0.3 3
176k-200k 14 11 5 0.1 7.6
201k-225k 19 18 3 0.2 6.3
226k-250k 28 20 2 0.1 8.4
251k-275k 21 23 2 0.2 5.5
276k-300k 19 37 2 0.3 3.1
301k-325k 11 19 2 0.3 3.5
326k-350k 20 33 1 0.3 3.6
351k-375k 12 29 2 0.4 2.5
376k-400k 37 45 10 0.2 4.9
401k-425k 17 32 4 0.3 3.2
426k-450k 25 43 4 0.3 3.5
451k-475k 23 41 4 0.3 3.4
476k-500k 30 34 3 0.2 5.3
501k-550k 50 60 5 0.2 5
551k-600k 31 46 8 0.2 4
601k-650k 31 51 5 0.3 3.6
651k-700k 20 39 3 0.3 3.1
701k-750k 25 22 2 0.1 6.8
751k-800k 18 22 0.2 4.9
801k-850k 11 8 1 0.1 8.3
851k-900k 18 14 2 0.1 7.7
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 6 10 3 0.3 3.6
1.2m-1.3m 9 5 1 0.1 10.8
1.3m-1.4m 6 1 1 0
1.4m-1.5m 1 3 0.5 2
1.5m-1.6m 1 0.2 0
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 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 0.2 0
101k-125k 6 7 2 0.2 5.1
126k-150k 16 23 1 0.2 4.2
151k-175k 35 32 4 0.2 6.6
176k-200k 69 65 8 0.2 6.4
201k-225k 107 82 12 0.1 7.8
226k-250k 102 108 12 0.2 5.7
251k-275k 105 103 7 0.2 6.1
276k-300k 113 104 12 0.2 6.5
301k-325k 59 98 10 0.3 3.6
326k-350k 77 90 3 0.2 5.1
351k-375k 51 46 3 0.2 6.7
376k-400k 54 66 8 0.2 4.9
401k-425k 35 44 2 0.2 4.8
426k-450k 26 26 2 0.2 6
451k-475k 24 32 4 0.2 4.5
476k-500k 33 32 1 0.2 6.2
501k-550k 38 35 3 0.2 6.5
551k-600k 24 26 1 0.2 5.5
601k-650k 20 27 2 0.2 4.4
651k-700k 16 15 1 0.2 6.4
701k-750k 13 7 1 0.1 11.1
751k-800k 14 7 0.1 12
801k-850k 7 10 2 0.2 4.2
851k-900k 7 8 2 0.2 5.3
901k-950k 2 2 0.2 6
951k-1m 4 4 0.2 6
1m-1.1m 6 7 3 0.2 5.1
1.1m-1.2m 14 0
1.2m-1.3m 5 8 0.3 3.8
1.3m-1.4m 6 4 1 0.1 9
1.4m-1.5m 6 3 1 0.1 12
1.5m-1.6m 2 2 1 0.2 6
1.6m-1.7m 3 0
1.7m-1.8m 6 2 0.1 18
1.8m-1.9m 3 0
1.9m-2m 7 1 0 42
2m-2.25m 4 2 1 0.1 12
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 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 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 2 3 0.3 4
26k-50k 28 19 5 0.1 8.8
51k-75k 46 30 2 0.1 9.2
76k-100k 42 22 2 0.1 11.5
101k-125k 33 5 0 39.6
126k-150k 23 6 0 23
151k-175k 22 2 0 66
176k-200k 5 2 0.1 15
201k-225k 4 2 0.1 12
226k-250k 6 1 0 36
251k-275k 1 0
276k-300k 7 1 1 0 42
301k-325k 3 1 0.1 18
326k-350k 5 4 1 0.1 7.5
351k-375k 3 2 0.1 9
376k-400k 3 1 0.1 18
426k-450k 2 1 0.1 12
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 1 2 0.3 3
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 2 0.1 12
851k-900k 6 2 1 0.1 18
901k-950k 3 1 0.1 18
951k-1m 6 2 0.1 18
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 1 1 0.2 6
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