Absorption Report

Dallas, 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 27% 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
76k-100k 1 1 0.2 6
101k-125k 1 0.2 0
126k-150k 3 1 0.5 0
151k-175k 2 4 0.3 3
176k-200k 1 2 0.3 3
201k-225k 1 10 2 1.7 0.6
226k-250k 8 24 5 0.5 2
251k-275k 26 42 7 0.3 3.7
276k-300k 36 74 14 0.3 2.9
301k-325k 30 50 8 0.3 3.6
326k-350k 38 83 10 0.4 2.7
351k-375k 38 75 9 0.3 3
376k-400k 60 93 11 0.3 3.9
401k-425k 37 56 8 0.3 4
426k-450k 41 59 10 0.2 4.2
451k-475k 25 27 3 0.2 5.6
476k-500k 23 36 4 0.3 3.8
501k-550k 23 36 3 0.3 3.8
551k-600k 19 22 5 0.2 5.2
601k-650k 9 10 1 0.2 5.4
651k-700k 4 6 0.3 4
701k-750k 3 3 0.2 6
751k-800k 2 3 1 0.3 4
801k-850k 1 1 0.2 6
851k-900k 1 0
951k-1m 3 1 0.1 18
1.1m-1.2m 1 0
1.3m-1.4m 2 1 0.1 12
1.7m-1.8m 1 0.2 0
2m-2.25m 1 0
2.75m-3m 1 0

Townhouses 18% 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
251k-275k 4 1 0 24
276k-300k 2 1 0.3 0
301k-325k 4 0
326k-350k 1 0

Land 8% 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 9 1 1.5 0.7
26k-50k 15 3 0 30
51k-75k 12 5 0.1 14.4
76k-100k 8 2 0 24
101k-125k 5 2 0.1 15
126k-150k 2 0
151k-175k 4 3 0.1 8
176k-200k 3 4 0.2 4.5
201k-225k 3 2 0.1 9
226k-250k 4 2 0.1 12
251k-275k 3 0
276k-300k 2 0
301k-325k 1 0
351k-375k 1 0
376k-400k 1 0
426k-450k 1 0
451k-475k 1 1 0.2 0
651k-700k 2 0
701k-750k 1 0
751k-800k 1 0
951k-1m 2 0
1.1m-1.2m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
2m-2.25m 1 0
2.25m-2.5m 2 0
3m-3.5m 2 0
4m-4.5m 1 0
5.01m-6m 1 0