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 1 0.5 2
76k-100k 3 9 3 0.5 2
101k-125k 8 30 3 0.6 1.6
126k-150k 23 64 14 0.5 2.2
151k-175k 43 70 8 0.3 3.7
176k-200k 65 92 19 0.2 4.2
201k-225k 80 117 18 0.2 4.1
226k-250k 118 108 17 0.2 6.6
251k-275k 112 120 17 0.2 5.6
276k-300k 149 132 24 0.1 6.8
301k-325k 88 105 11 0.2 5
326k-350k 131 114 25 0.1 6.9
351k-375k 95 87 12 0.2 6.6
376k-400k 110 108 20 0.2 6.1
401k-425k 76 74 8 0.2 6.2
426k-450k 70 82 18 0.2 5.1
451k-475k 50 54 5 0.2 5.6
476k-500k 75 78 10 0.2 5.8
501k-550k 87 136 20 0.3 3.8
551k-600k 89 120 11 0.2 4.5
601k-650k 62 120 16 0.3 3.1
651k-700k 45 129 25 0.5 2.1
701k-750k 40 79 9 0.3 3
751k-800k 39 86 16 0.4 2.7
801k-850k 29 71 11 0.4 2.5
851k-900k 29 81 11 0.5 2.1
901k-950k 32 47 3 0.2 4.1
951k-1m 21 44 7 0.3 2.9
1m-1.1m 36 64 3 0.3 3.4
1.1m-1.2m 37 57 8 0.3 3.9
1.2m-1.3m 23 53 5 0.4 2.6
1.3m-1.4m 20 40 8 0.3 3
1.4m-1.5m 23 32 3 0.2 4.3
1.5m-1.6m 13 25 3 0.3 3.1
1.6m-1.7m 10 29 7 0.5 2.1
1.7m-1.8m 13 17 4 0.2 4.6
1.8m-1.9m 10 15 2 0.3 4
1.9m-2m 13 15 4 0.2 5.2
2m-2.25m 24 24 1 0.2 6
2.25m-2.5m 19 32 6 0.3 3.6
2.5m-2.75m 24 11 1 0.1 13.1
2.75m-3m 19 16 2 0.1 7.1
3m-3.5m 21 16 1 0.1 7.9
3.5m-4m 18 14 2 0.1 7.7
4m-4.5m 15 5 2 0.1 18
4.5m-5m 10 5 2 0.1 12
5.01m-6m 15 8 2 0.1 11.3
6.01m-7m 2 2 0.2 6
7.01m-8m 2 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 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 1 1 0.2 6
101k-125k 2 3 1 0.3 4
126k-150k 1 8 4 1.3 0.8
151k-175k 6 4 0.1 9
176k-200k 20 8 1 0.1 15
201k-225k 20 19 2 0.2 6.3
226k-250k 32 29 3 0.2 6.6
251k-275k 21 22 4 0.2 5.7
276k-300k 24 41 4 0.3 3.5
301k-325k 12 18 1 0.3 4
326k-350k 23 36 3 0.3 3.8
351k-375k 15 28 2 0.3 3.2
376k-400k 45 45 4 0.2 6
401k-425k 23 29 2 0.2 4.8
426k-450k 26 45 9 0.3 3.5
451k-475k 28 45 6 0.3 3.7
476k-500k 24 40 5 0.3 3.6
501k-550k 38 70 8 0.3 3.3
551k-600k 57 49 7 0.1 7
601k-650k 34 57 11 0.3 3.6
651k-700k 25 38 7 0.3 3.9
701k-750k 32 26 3 0.1 7.4
751k-800k 28 24 1 0.1 7
801k-850k 14 10 1 0.1 8.4
851k-900k 23 13 5 0.1 10.6
901k-950k 11 3 1 0 22
951k-1m 4 6 0.3 4
1m-1.1m 14 6 0.1 14
1.1m-1.2m 6 9 1 0.3 4
1.2m-1.3m 9 5 0.1 10.8
1.3m-1.4m 1 6 1 1
1.4m-1.5m 2 3 0.3 4
1.5m-1.6m 3 2 0.1 9
1.6m-1.7m 1 0.2 0
1.9m-2m 1 0.2 0
2m-2.25m 2 1 0.1 12
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 5 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 11 5 1 0.1 13.2
126k-150k 15 25 8 0.3 3.6
151k-175k 30 39 6 0.2 4.6
176k-200k 80 71 12 0.1 6.8
201k-225k 114 83 8 0.1 8.2
226k-250k 117 122 15 0.2 5.8
251k-275k 114 103 11 0.2 6.6
276k-300k 127 121 20 0.2 6.3
301k-325k 73 107 12 0.2 4.1
326k-350k 90 97 6 0.2 5.6
351k-375k 55 53 4 0.2 6.2
376k-400k 70 66 8 0.2 6.4
401k-425k 34 56 8 0.3 3.6
426k-450k 31 31 4 0.2 6
451k-475k 25 35 2 0.2 4.3
476k-500k 42 36 6 0.1 7
501k-550k 49 37 9 0.1 7.9
551k-600k 27 29 4 0.2 5.6
601k-650k 24 29 3 0.2 5
651k-700k 23 17 2 0.1 8.1
701k-750k 18 9 0.1 12
751k-800k 11 8 3 0.1 8.3
801k-850k 10 11 1 0.2 5.5
851k-900k 10 6 0.1 10
901k-950k 3 3 0.2 6
951k-1m 5 3 0.1 10
1m-1.1m 10 3 0.1 20
1.1m-1.2m 13 0
1.2m-1.3m 7 9 3 0.2 4.7
1.3m-1.4m 6 3 3 0.1 12
1.4m-1.5m 10 4 0.1 15
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.7m-1.8m 5 2 0.1 15
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 1 0
4m-4.5m 3 0
4.5m-5m 5 1 0 30
5.01m-6m 2 0
11.01m-12m 1 0

Land 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 6 4 0.1 9
26k-50k 41 19 1 0.1 12.9
51k-75k 65 29 6 0.1 13.4
76k-100k 59 21 5 0.1 16.9
101k-125k 34 9 1 0 22.7
126k-150k 32 7 3 0 27.4
151k-175k 22 1 1 0 132
176k-200k 9 3 1 0.1 18
201k-225k 4 1 0 24
226k-250k 7 1 0 42
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 4 1 0 24
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 3 4 1 0.2 4.5
601k-650k 4 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 9 2 0 27
1m-1.1m 2 0
1.1m-1.2m 2 3 1 0.3 4
1.2m-1.3m 3 1 0.1 18
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 1 1 0.2 6
1.7m-1.8m 5 0
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 0
3.5m-4m 1 0.2 0
5.01m-6m 2 0
6.01m-7m 1 0
13.01m-14m 1 0.2 0