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 7 30 3 0.7 1.4
126k-150k 20 65 16 0.5 1.8
151k-175k 42 71 7 0.3 3.5
176k-200k 62 93 18 0.3 4
201k-225k 77 119 18 0.3 3.9
226k-250k 117 110 18 0.2 6.4
251k-275k 110 121 16 0.2 5.5
276k-300k 144 132 23 0.2 6.5
301k-325k 90 104 11 0.2 5.2
326k-350k 128 116 25 0.2 6.6
351k-375k 95 88 12 0.2 6.5
376k-400k 113 108 18 0.2 6.3
401k-425k 73 73 7 0.2 6
426k-450k 73 79 17 0.2 5.5
451k-475k 50 55 5 0.2 5.5
476k-500k 75 77 7 0.2 5.8
501k-550k 92 137 19 0.2 4
551k-600k 92 123 10 0.2 4.5
601k-650k 62 118 15 0.3 3.2
651k-700k 44 130 23 0.5 2
701k-750k 41 82 11 0.3 3
751k-800k 40 86 18 0.4 2.8
801k-850k 28 71 11 0.4 2.4
851k-900k 29 81 10 0.5 2.1
901k-950k 32 48 3 0.3 4
951k-1m 21 44 7 0.3 2.9
1m-1.1m 36 64 2 0.3 3.4
1.1m-1.2m 37 56 7 0.3 4
1.2m-1.3m 23 53 5 0.4 2.6
1.3m-1.4m 21 39 8 0.3 3.2
1.4m-1.5m 23 33 3 0.2 4.2
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 14 14 3 0.2 6
2m-2.25m 23 24 1 0.2 5.8
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 17 17 2 0.2 6
3m-3.5m 23 16 1 0.1 8.6
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 3 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 30 29 3 0.2 6.2
251k-275k 22 22 4 0.2 6
276k-300k 24 43 5 0.3 3.3
301k-325k 11 18 1 0.3 3.7
326k-350k 24 35 3 0.2 4.1
351k-375k 16 28 3 0.3 3.4
376k-400k 44 44 5 0.2 6
401k-425k 24 31 2 0.2 4.6
426k-450k 30 40 4 0.2 4.5
451k-475k 27 46 6 0.3 3.5
476k-500k 24 40 5 0.3 3.6
501k-550k 38 71 9 0.3 3.2
551k-600k 57 52 7 0.2 6.6
601k-650k 36 57 10 0.3 3.8
651k-700k 24 39 8 0.3 3.7
701k-750k 32 27 3 0.1 7.1
751k-800k 28 24 2 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 13 6 0.1 13
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 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 10 5 1 0.1 12
126k-150k 13 25 8 0.3 3.1
151k-175k 29 39 6 0.2 4.5
176k-200k 82 69 11 0.1 7.1
201k-225k 113 85 9 0.1 8
226k-250k 116 121 14 0.2 5.8
251k-275k 113 105 11 0.2 6.5
276k-300k 128 123 20 0.2 6.2
301k-325k 79 106 8 0.2 4.5
326k-350k 88 96 5 0.2 5.5
351k-375k 53 54 6 0.2 5.9
376k-400k 70 67 8 0.2 6.3
401k-425k 35 57 9 0.3 3.7
426k-450k 31 30 4 0.2 6.2
451k-475k 26 36 2 0.2 4.3
476k-500k 43 35 5 0.1 7.4
501k-550k 53 37 9 0.1 8.6
551k-600k 26 30 4 0.2 5.2
601k-650k 25 28 2 0.2 5.4
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 4 0.1 7.5
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 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 4 0.3 3
26k-50k 32 19 1 0.1 10.1
51k-75k 57 32 6 0.1 10.7
76k-100k 55 23 4 0.1 14.3
101k-125k 35 8 0 26.3
126k-150k 31 7 3 0 26.6
151k-175k 22 1 1 0 132
176k-200k 8 3 1 0.1 16
201k-225k 4 1 0 24
226k-250k 6 1 0 36
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