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 0.5 0
151k-175k 2 4 0.3 3
176k-200k 1 2 0.3 3
201k-225k 2 9 1 0.8 1.3
226k-250k 8 22 4 0.5 2.2
251k-275k 23 40 6 0.3 3.5
276k-300k 34 71 10 0.3 2.9
301k-325k 27 48 7 0.3 3.4
326k-350k 41 80 9 0.3 3.1
351k-375k 39 71 6 0.3 3.3
376k-400k 54 91 14 0.3 3.6
401k-425k 33 55 11 0.3 3.6
426k-450k 40 52 6 0.2 4.6
451k-475k 23 24 2 0.2 5.8
476k-500k 22 34 2 0.3 3.9
501k-550k 20 35 2 0.3 3.4
551k-600k 18 21 4 0.2 5.1
601k-650k 8 11 0.2 4.4
651k-700k 4 5 0.2 4.8
701k-750k 3 3 0.2 6
751k-800k 2 3 0.3 4
801k-850k 1 1 0.2 6
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 12 3 0 24
51k-75k 12 4 0.1 18
76k-100k 8 2 0 24
101k-125k 3 2 0.1 9
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 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
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
5.01m-6m 1 0