Absorption Report

Atlanta, 550 North Highland


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 41% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 0
26k-50k 1 0
76k-100k 1 0
126k-150k 2 0.3 0
151k-175k 1 3 2 0.5 2
176k-200k 1 19 4 3.2 0.3
201k-225k 4 26 5 1.1 0.9
226k-250k 7 42 11 1 1
251k-275k 10 66 15 1.1 0.9
276k-300k 31 94 17 0.5 2
301k-325k 21 123 15 1 1
326k-350k 44 179 37 0.7 1.5
351k-375k 51 184 35 0.6 1.7
376k-400k 66 204 33 0.5 1.9
401k-425k 47 172 23 0.6 1.6
426k-450k 80 156 31 0.3 3.1
451k-475k 44 131 22 0.5 2
476k-500k 61 142 45 0.4 2.6
501k-550k 78 243 51 0.5 1.9
551k-600k 57 154 38 0.5 2.2
601k-650k 46 145 35 0.5 1.9
651k-700k 56 125 30 0.4 2.7
701k-750k 52 98 24 0.3 3.2
751k-800k 38 76 11 0.3 3
801k-850k 29 70 22 0.4 2.5
851k-900k 28 54 14 0.3 3.1
901k-950k 16 40 8 0.4 2.4
951k-1m 20 37 9 0.3 3.2
1m-1.1m 21 32 5 0.3 3.9
1.1m-1.2m 26 29 7 0.2 5.4
1.2m-1.3m 16 16 6 0.2 6
1.3m-1.4m 7 19 7 0.5 2.2
1.4m-1.5m 8 10 1 0.2 4.8
1.5m-1.6m 12 13 5 0.2 5.5
1.6m-1.7m 9 8 1 0.1 6.8
1.7m-1.8m 2 8 2 0.7 1.5
1.8m-1.9m 9 3 1 0.1 18
1.9m-2m 3 5 1 0.3 3.6
2m-2.25m 10 3 1 0.1 20
2.25m-2.5m 11 6 2 0.1 11
2.5m-2.75m 4 3 2 0.1 8
2.75m-3m 3 0
3m-3.5m 6 2 2 0.1 18
3.5m-4m 1 0.2 0
4m-4.5m 1 0
5.01m-6m 1 0
7.01m-8m 1 0