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 28% 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 2 8 1 0.7 1.5
226k-250k 7 23 4 0.5 1.8
251k-275k 26 41 6 0.3 3.8
276k-300k 34 75 15 0.4 2.7
301k-325k 29 49 8 0.3 3.6
326k-350k 38 81 10 0.4 2.8
351k-375k 39 71 9 0.3 3.3
376k-400k 58 93 10 0.3 3.7
401k-425k 36 57 10 0.3 3.8
426k-450k 42 59 8 0.2 4.3
451k-475k 24 27 3 0.2 5.3
476k-500k 22 36 4 0.3 3.7
501k-550k 21 35 3 0.3 3.6
551k-600k 19 22 4 0.2 5.2
601k-650k 8 11 0.2 4.4
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 0% 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 7% 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 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