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 5 9 3 0.3 3.3
101k-125k 9 31 4 0.6 1.7
126k-150k 22 66 10 0.5 2
151k-175k 52 71 10 0.2 4.4
176k-200k 69 97 19 0.2 4.3
201k-225k 82 111 15 0.2 4.4
226k-250k 114 117 27 0.2 5.8
251k-275k 106 122 23 0.2 5.2
276k-300k 154 128 25 0.1 7.2
301k-325k 94 99 14 0.2 5.7
326k-350k 129 117 24 0.2 6.6
351k-375k 92 85 10 0.2 6.5
376k-400k 110 108 21 0.2 6.1
401k-425k 76 74 11 0.2 6.2
426k-450k 66 81 16 0.2 4.9
451k-475k 46 57 10 0.2 4.8
476k-500k 72 81 16 0.2 5.3
501k-550k 85 138 18 0.3 3.7
551k-600k 83 119 13 0.2 4.2
601k-650k 60 120 18 0.3 3
651k-700k 44 121 20 0.5 2.2
701k-750k 39 84 6 0.4 2.8
751k-800k 30 94 21 0.5 1.9
801k-850k 35 68 6 0.3 3.1
851k-900k 29 79 12 0.5 2.2
901k-950k 30 47 4 0.3 3.8
951k-1m 18 45 8 0.4 2.4
1m-1.1m 31 66 8 0.4 2.8
1.1m-1.2m 36 56 11 0.3 3.9
1.2m-1.3m 23 53 3 0.4 2.6
1.3m-1.4m 23 37 6 0.3 3.7
1.4m-1.5m 24 33 4 0.2 4.4
1.5m-1.6m 13 26 3 0.3 3
1.6m-1.7m 8 28 7 0.6 1.7
1.7m-1.8m 14 18 2 0.2 4.7
1.8m-1.9m 10 13 1 0.2 4.6
1.9m-2m 13 14 4 0.2 5.6
2m-2.25m 23 24 2 0.2 5.8
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 16 2 0.1 6.8
3.5m-4m 20 14 1 0.1 8.6
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 19 9 1 0.1 12.7
201k-225k 22 17 0.1 7.8
226k-250k 32 31 4 0.2 6.2
251k-275k 25 22 2 0.1 6.8
276k-300k 24 37 4 0.3 3.9
301k-325k 11 18 0.3 3.7
326k-350k 27 37 3 0.2 4.4
351k-375k 14 30 3 0.4 2.8
376k-400k 49 40 3 0.1 7.4
401k-425k 22 31 4 0.2 4.3
426k-450k 28 44 10 0.3 3.8
451k-475k 25 47 7 0.3 3.2
476k-500k 27 36 4 0.2 4.5
501k-550k 37 67 8 0.3 3.3
551k-600k 51 48 8 0.2 6.4
601k-650k 36 55 10 0.3 3.9
651k-700k 23 37 7 0.3 3.7
701k-750k 24 28 4 0.2 5.1
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 33 40 6 0.2 5
176k-200k 81 66 11 0.1 7.4
201k-225k 114 83 11 0.1 8.2
226k-250k 115 117 15 0.2 5.9
251k-275k 121 102 10 0.1 7.1
276k-300k 123 113 18 0.2 6.5
301k-325k 68 106 16 0.3 3.8
326k-350k 95 95 8 0.2 6
351k-375k 58 52 5 0.1 6.7
376k-400k 64 67 8 0.2 5.7
401k-425k 37 55 4 0.2 4
426k-450k 34 27 3 0.1 7.6
451k-475k 29 32 2 0.2 5.4
476k-500k 40 39 6 0.2 6.2
501k-550k 45 37 10 0.1 7.3
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 16 8 0.1 12
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 12 0
1.2m-1.3m 6 9 1 0.3 4
1.3m-1.4m 6 4 3 0.1 9
1.4m-1.5m 8 4 1 0.1 12
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 41 23 6 0.1 10.7
51k-75k 64 32 4 0.1 12
76k-100k 60 21 4 0.1 17.1
101k-125k 38 9 1 0 25.3
126k-150k 28 7 3 0 24
151k-175k 21 2 1 0 63
176k-200k 8 4 2 0.1 12
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 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 6 4 0.1 9
601k-650k 1 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