Absorption Report

Austell, House, Bryant Elementary School


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 40% 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
51k-75k 1 0.2 0
126k-150k 1 0.2 0
151k-175k 1 0.2 0
176k-200k 1 0
201k-225k 2 3 0.3 4
226k-250k 6 1 0
251k-275k 5 10 0.3 3
276k-300k 3 18 5 1 1
301k-325k 2 17 2 1.4 0.7
326k-350k 8 20 6 0.4 2.4
351k-375k 3 32 7 1.8 0.6
376k-400k 5 37 7 1.2 0.8
401k-425k 10 35 4 0.6 1.7
426k-450k 13 40 8 0.5 2
451k-475k 13 47 4 0.6 1.7
476k-500k 9 57 12 1.1 0.9
501k-550k 28 114 27 0.7 1.5
551k-600k 42 117 27 0.5 2.2
601k-650k 39 105 16 0.4 2.2
651k-700k 53 112 22 0.4 2.8
701k-750k 42 97 14 0.4 2.6
751k-800k 43 85 20 0.3 3
801k-850k 33 57 16 0.3 3.5
851k-900k 25 67 17 0.4 2.2
901k-950k 15 28 4 0.3 3.2
951k-1m 14 28 6 0.3 3
1m-1.1m 10 21 8 0.4 2.9
1.1m-1.2m 17 22 4 0.2 4.6
1.2m-1.3m 12 32 9 0.4 2.3
1.3m-1.4m 9 18 5 0.3 3
1.4m-1.5m 7 11 2 0.3 3.8
1.5m-1.6m 2 7 0.6 1.7
1.6m-1.7m 9 6 2 0.1 9
1.7m-1.8m 5 4 1 0.1 7.5
1.8m-1.9m 4 1 0 24
1.9m-2m 3 4 0.2 4.5
2m-2.25m 5 4 1 0.1 7.5
2.25m-2.5m 5 5 0.2 6
2.5m-2.75m 3 1 1 0.1 18
2.75m-3m 6 0
3m-3.5m 3 1 0.1 18
3.5m-4m 6 1 0 36
5.01m-6m 1 0
8.01m-9m 1 0