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 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
26k-50k 1 1 0.2 0
51k-75k 1 8 1 1.3 0.8
76k-100k 3 9 4 0.5 2
101k-125k 7 30 3 0.7 1.4
126k-150k 23 68 16 0.5 2
151k-175k 45 73 13 0.3 3.7
176k-200k 70 91 21 0.2 4.6
201k-225k 79 113 11 0.2 4.2
226k-250k 123 109 18 0.1 6.8
251k-275k 118 123 15 0.2 5.8
276k-300k 157 130 18 0.1 7.2
301k-325k 96 101 12 0.2 5.7
326k-350k 121 114 26 0.2 6.4
351k-375k 96 92 19 0.2 6.3
376k-400k 126 99 9 0.1 7.6
401k-425k 69 75 11 0.2 5.5
426k-450k 77 83 17 0.2 5.6
451k-475k 53 57 6 0.2 5.6
476k-500k 78 79 8 0.2 5.9
501k-550k 99 138 21 0.2 4.3
551k-600k 95 131 15 0.2 4.4
601k-650k 71 118 20 0.3 3.6
651k-700k 53 131 24 0.4 2.4
701k-750k 40 86 14 0.4 2.8
751k-800k 46 80 14 0.3 3.5
801k-850k 30 73 12 0.4 2.5
851k-900k 37 84 8 0.4 2.6
901k-950k 36 49 3 0.2 4.4
951k-1m 21 43 5 0.3 2.9
1m-1.1m 37 68 11 0.3 3.3
1.1m-1.2m 40 59 8 0.2 4.1
1.2m-1.3m 23 57 6 0.4 2.4
1.3m-1.4m 19 40 10 0.4 2.9
1.4m-1.5m 23 39 5 0.3 3.5
1.5m-1.6m 15 29 4 0.3 3.1
1.6m-1.7m 14 24 5 0.3 3.5
1.7m-1.8m 16 17 5 0.2 5.6
1.8m-1.9m 7 16 2 0.4 2.6
1.9m-2m 17 12 2 0.1 8.5
2m-2.25m 24 27 3 0.2 5.3
2.25m-2.5m 21 32 7 0.3 3.9
2.5m-2.75m 23 11 2 0.1 12.5
2.75m-3m 18 17 3 0.2 6.4
3m-3.5m 23 18 2 0.1 7.7
3.5m-4m 20 11 0.1 10.9
4m-4.5m 17 5 1 0 20.4
4.5m-5m 11 3 1 0 22
5.01m-6m 16 7 2 0.1 13.7
6.01m-7m 2 2 0.2 6
7.01m-8m 1 0
8.01m-9m 4 2 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 4 5 1 0.2 4.8
151k-175k 5 4 0.1 7.5
176k-200k 18 8 1 0.1 13.5
201k-225k 19 19 3 0.2 6
226k-250k 32 28 4 0.1 6.9
251k-275k 21 22 4 0.2 5.7
276k-300k 31 40 3 0.2 4.7
301k-325k 11 20 2 0.3 3.3
326k-350k 27 35 4 0.2 4.6
351k-375k 18 26 2 0.2 4.2
376k-400k 44 48 10 0.2 5.5
401k-425k 26 32 1 0.2 4.9
426k-450k 33 40 2 0.2 5
451k-475k 25 53 7 0.4 2.8
476k-500k 26 39 6 0.3 4
501k-550k 40 71 12 0.3 3.4
551k-600k 63 50 4 0.1 7.6
601k-650k 35 52 8 0.2 4
651k-700k 28 41 9 0.2 4.1
701k-750k 32 27 3 0.1 7.1
751k-800k 31 23 2 0.1 8.1
801k-850k 15 12 3 0.1 7.5
851k-900k 25 12 4 0.1 12.5
901k-950k 8 3 1 0.1 16
951k-1m 7 7 0.2 6
1m-1.1m 13 7 2 0.1 11.1
1.1m-1.2m 9 8 0.1 6.8
1.2m-1.3m 8 7 1 0.1 6.9
1.3m-1.4m 2 6 1 0.5 2
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 4 0
51k-75k 3 2 0.1 9
76k-100k 1 1 0.2 6
101k-125k 12 4 0.1 18
126k-150k 12 23 6 0.3 3.1
151k-175k 32 39 6 0.2 4.9
176k-200k 88 66 11 0.1 8
201k-225k 114 89 12 0.1 7.7
226k-250k 119 126 20 0.2 5.7
251k-275k 119 106 14 0.1 6.7
276k-300k 132 129 28 0.2 6.1
301k-325k 84 109 10 0.2 4.6
326k-350k 89 101 6 0.2 5.3
351k-375k 55 53 7 0.2 6.2
376k-400k 71 75 9 0.2 5.7
401k-425k 38 58 10 0.3 3.9
426k-450k 33 33 5 0.2 6
451k-475k 25 36 4 0.2 4.2
476k-500k 42 37 5 0.1 6.8
501k-550k 60 35 7 0.1 10.3
551k-600k 29 31 3 0.2 5.6
601k-650k 22 30 2 0.2 4.4
651k-700k 26 19 3 0.1 8.2
701k-750k 14 10 1 0.1 8.4
751k-800k 12 8 3 0.1 9
801k-850k 12 11 1 0.2 6.5
851k-900k 10 7 1 0.1 8.6
901k-950k 3 4 1 0.2 4.5
951k-1m 5 5 0.2 6
1m-1.1m 9 3 0.1 18
1.1m-1.2m 13 0
1.2m-1.3m 8 8 2 0.2 6
1.3m-1.4m 8 1 1 0 48
1.4m-1.5m 10 5 0.1 12
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 4 1 0 24
2m-2.25m 5 2 0.1 15
2.25m-2.5m 6 2 0.1 18
2.5m-2.75m 1 1 0.2 6
2.75m-3m 2 5 1 0.4 2.4
3m-3.5m 2 3 0.3 4
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 10% 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 5 5 0.2 6
26k-50k 42 20 2 0.1 12.6
51k-75k 64 31 5 0.1 12.4
76k-100k 65 22 3 0.1 17.7
101k-125k 37 8 1 0 27.8
126k-150k 34 6 3 0 34
151k-175k 23 1 1 0 138
176k-200k 9 2 0 27
201k-225k 5 1 0 30
226k-250k 9 2 0 27
251k-275k 2 1 0.1 12
276k-300k 9 0
301k-325k 3 6 1 0.3 3
326k-350k 5 3 1 0.1 10
351k-375k 1 2 0.3 3
376k-400k 5 1 0 30
426k-450k 1 1 0.2 6
451k-475k 1 0
476k-500k 1 3 0.5 2
501k-550k 2 1 0.1 12
551k-600k 3 4 1 0.2 4.5
601k-650k 3 0
651k-700k 8 2 1 0 24
701k-750k 10 2 0 30
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 8 2 0 24
1m-1.1m 3 0
1.1m-1.2m 2 3 2 0.3 4
1.2m-1.3m 4 1 0 24
1.3m-1.4m 3 0
1.4m-1.5m 3 1 0.1 18
1.5m-1.6m 4 0
1.6m-1.7m 2 1 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