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 22% 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 21 65 16 0.5 1.9
151k-175k 43 71 8 0.3 3.6
176k-200k 67 89 16 0.2 4.5
201k-225k 79 120 18 0.3 4
226k-250k 121 109 17 0.2 6.7
251k-275k 110 120 16 0.2 5.5
276k-300k 144 132 24 0.2 6.5
301k-325k 89 104 10 0.2 5.1
326k-350k 130 116 25 0.1 6.7
351k-375k 95 86 12 0.2 6.6
376k-400k 112 109 19 0.2 6.2
401k-425k 75 74 8 0.2 6.1
426k-450k 71 80 16 0.2 5.3
451k-475k 51 55 5 0.2 5.6
476k-500k 71 78 8 0.2 5.5
501k-550k 90 135 19 0.3 4
551k-600k 91 123 11 0.2 4.4
601k-650k 61 119 15 0.3 3.1
651k-700k 45 130 24 0.5 2.1
701k-750k 40 82 10 0.3 2.9
751k-800k 39 86 17 0.4 2.7
801k-850k 30 70 10 0.4 2.6
851k-900k 29 80 10 0.5 2.2
901k-950k 32 48 3 0.3 4
951k-1m 21 44 7 0.3 2.9
1m-1.1m 37 64 2 0.3 3.5
1.1m-1.2m 36 57 8 0.3 3.8
1.2m-1.3m 23 53 5 0.4 2.6
1.3m-1.4m 20 39 7 0.3 3.1
1.4m-1.5m 23 32 3 0.2 4.3
1.5m-1.6m 12 25 3 0.3 2.9
1.6m-1.7m 9 29 7 0.5 1.9
1.7m-1.8m 13 18 4 0.2 4.3
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 18 32 6 0.3 3.4
2.5m-2.75m 24 11 1 0.1 13.1
2.75m-3m 18 16 2 0.1 6.8
3m-3.5m 21 16 1 0.1 7.9
3.5m-4m 18 14 2 0.1 7.7
4m-4.5m 16 5 2 0.1 19.2
4.5m-5m 10 5 2 0.1 12
5.01m-6m 17 8 2 0.1 12.8
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 2 7 3 0.6 1.7
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 31 29 3 0.2 6.4
251k-275k 22 22 4 0.2 6
276k-300k 25 42 4 0.3 3.6
301k-325k 11 18 1 0.3 3.7
326k-350k 24 36 3 0.3 4
351k-375k 15 28 2 0.3 3.2
376k-400k 45 45 5 0.2 6
401k-425k 24 29 2 0.2 5
426k-450k 26 44 8 0.3 3.5
451k-475k 27 45 6 0.3 3.6
476k-500k 25 40 5 0.3 3.8
501k-550k 38 70 9 0.3 3.3
551k-600k 56 50 7 0.1 6.7
601k-650k 36 56 10 0.3 3.9
651k-700k 24 39 8 0.3 3.7
701k-750k 32 27 3 0.1 7.1
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 14 25 8 0.3 3.4
151k-175k 30 39 6 0.2 4.6
176k-200k 80 70 11 0.1 6.9
201k-225k 116 84 9 0.1 8.3
226k-250k 114 121 14 0.2 5.7
251k-275k 113 103 12 0.2 6.6
276k-300k 131 119 18 0.2 6.6
301k-325k 78 104 9 0.2 4.5
326k-350k 91 96 5 0.2 5.7
351k-375k 54 54 6 0.2 6
376k-400k 68 67 8 0.2 6.1
401k-425k 34 56 8 0.3 3.6
426k-450k 31 30 4 0.2 6.2
451k-475k 25 35 2 0.2 4.3
476k-500k 43 35 5 0.1 7.4
501k-550k 48 37 10 0.1 7.8
551k-600k 26 29 4 0.2 5.4
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 11 11 1 0.2 6
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 6 9 3 0.3 4
1.3m-1.4m 7 2 2 0 21
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 36 19 1 0.1 11.4
51k-75k 64 29 6 0.1 13.2
76k-100k 61 22 5 0.1 16.6
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 1 0.1 12
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 3 0
651k-700k 7 2 0 21
701k-750k 10 1 0 60
751k-800k 6 1 0 36
801k-850k 5 2 0.1 15
851k-900k 7 1 0 42
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 3 0
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 4 0
1.6m-1.7m 2 1 0.1 12
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