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 26% 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 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 8 23 4 0.5 2.1
251k-275k 24 42 6 0.3 3.4
276k-300k 35 71 12 0.3 3
301k-325k 30 48 6 0.3 3.8
326k-350k 40 79 12 0.3 3
351k-375k 40 73 8 0.3 3.3
376k-400k 58 91 13 0.3 3.8
401k-425k 38 57 10 0.3 4
426k-450k 42 53 6 0.2 4.8
451k-475k 26 24 2 0.2 6.5
476k-500k 22 35 2 0.3 3.8
501k-550k 23 35 1 0.3 3.9
551k-600k 19 21 4 0.2 5.4
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 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 16 3 0 32
51k-75k 12 4 0.1 18
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 4 4 0.2 6
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