Absorption Report

Dacula, Bentgrass

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 26% 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 25 1 1 0 150
26k-50k 3 3 0.2 6
51k-75k 2 6 2 0.5 2
76k-100k 5 10 1 0.3 3
101k-125k 3 22 6 1.2 0.8
126k-150k 16 47 8 0.5 2
151k-175k 19 71 16 0.6 1.6
176k-200k 47 86 19 0.3 3.3
201k-225k 53 71 12 0.2 4.5
226k-250k 75 94 22 0.2 4.8
251k-275k 108 126 19 0.2 5.1
276k-300k 116 125 26 0.2 5.6
301k-325k 84 98 21 0.2 5.1
326k-350k 107 126 24 0.2 5.1
351k-375k 83 103 18 0.2 4.8
376k-400k 108 100 24 0.2 6.5
401k-425k 55 84 15 0.3 3.9
426k-450k 63 75 21 0.2 5
451k-475k 44 73 15 0.3 3.6
476k-500k 69 64 12 0.2 6.5
501k-550k 84 122 25 0.2 4.1
551k-600k 95 123 37 0.2 4.6
601k-650k 81 87 18 0.2 5.6
651k-700k 57 105 25 0.3 3.3
701k-750k 50 99 21 0.3 3
751k-800k 38 69 11 0.3 3.3
801k-850k 33 54 14 0.3 3.7
851k-900k 38 54 15 0.2 4.2
901k-950k 28 54 11 0.3 3.1
951k-1m 17 43 10 0.4 2.4
1m-1.1m 29 49 11 0.3 3.6
1.1m-1.2m 46 56 15 0.2 4.9
1.2m-1.3m 33 47 7 0.2 4.2
1.3m-1.4m 30 32 8 0.2 5.6
1.4m-1.5m 30 41 5 0.2 4.4
1.5m-1.6m 17 24 4 0.2 4.3
1.6m-1.7m 15 25 6 0.3 3.6
1.7m-1.8m 17 24 3 0.2 4.3
1.8m-1.9m 11 16 2 0.2 4.1
1.9m-2m 14 16 4 0.2 5.3
2m-2.25m 14 24 4 0.3 3.5
2.25m-2.5m 30 29 3 0.2 6.2
2.5m-2.75m 22 21 5 0.2 6.3
2.75m-3m 23 17 3 0.1 8.1
3m-3.5m 32 11 2 0.1 17.5
3.5m-4m 23 15 1 0.1 9.2
4m-4.5m 16 3 1 0 32
4.5m-5m 10 6 1 0.1 10
5.01m-6m 13 1 0 78
6.01m-7m 14 2 0 42
7.01m-8m 7 3 2 0.1 14
8.01m-9m 1 0
9.01m-10m 2 1 0.1 12
11.01m-12m 1 0
12.01m-13m 1 1 0.2 6
14.01m-15m 3 0
34.01m-35m 1 0
46.01m-47m 1 0