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 25% 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 2 1 0.1 12
101k-125k 1 0.2 0
126k-150k 3 0.5 0
151k-175k 1 4 0.7 1.5
176k-200k 1 3 0.5 2
201k-225k 4 9 1 0.4 2.7
226k-250k 7 23 2 0.5 1.8
251k-275k 22 41 7 0.3 3.2
276k-300k 31 72 11 0.4 2.6
301k-325k 26 50 10 0.3 3.1
326k-350k 39 80 8 0.3 2.9
351k-375k 41 70 3 0.3 3.5
376k-400k 57 91 12 0.3 3.8
401k-425k 32 57 12 0.3 3.4
426k-450k 38 54 11 0.2 4.2
451k-475k 27 23 1 0.1 7
476k-500k 21 35 3 0.3 3.6
501k-550k 21 34 1 0.3 3.7
551k-600k 19 21 3 0.2 5.4
601k-650k 7 11 0.3 3.8
651k-700k 4 5 1 0.2 4.8
701k-750k 4 3 0.1 8
751k-800k 4 3 0.1 8
801k-850k 1 1 0.2 6
951k-1m 2 2 1 0.2 6
1.1m-1.2m 1 0
1.3m-1.4m 2 1 0.1 12
1.4m-1.5m 1 0
1.7m-1.8m 1 0.2 0
2m-2.25m 1 0
2.75m-3m 1 0

Townhouses 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
251k-275k 4 1 0 24
276k-300k 2 0.3 0
301k-325k 2 1 1 0.1 12
326k-350k 1 0

Land 5% 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 13 3 0 26
51k-75k 12 4 0.1 18
76k-100k 8 2 0 24
101k-125k 5 2 0.1 15
126k-150k 3 1 0.1 18
151k-175k 4 3 0.1 8
176k-200k 4 2 0.1 12
201k-225k 3 2 0.1 9
226k-250k 3 2 0.1 9
251k-275k 3 0
276k-300k 2 0
301k-325k 1 0
351k-375k 1 0
376k-400k 1 0
451k-475k 1 0
651k-700k 1 0
701k-750k 1 0
751k-800k 2 0
901k-950k 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
5.01m-6m 1 0