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 1 0.2 0
101k-125k 1 0.2 0
126k-150k 3 2 0.5 0
151k-175k 2 5 0.4 2.4
176k-200k 1 2 0.3 3
201k-225k 3 7 1 0.4 2.6
226k-250k 10 20 3 0.3 3
251k-275k 24 45 6 0.3 3.2
276k-300k 40 76 11 0.3 3.2
301k-325k 36 50 13 0.2 4.3
326k-350k 40 82 19 0.3 2.9
351k-375k 47 77 8 0.3 3.7
376k-400k 65 99 12 0.3 3.9
401k-425k 40 52 5 0.2 4.6
426k-450k 49 59 10 0.2 5
451k-475k 23 33 6 0.2 4.2
476k-500k 24 44 6 0.3 3.3
501k-550k 23 43 7 0.3 3.2
551k-600k 19 20 3 0.2 5.7
601k-650k 11 10 2 0.2 6.6
651k-700k 7 6 3 0.1 7
701k-750k 1 3 0.5 2
751k-800k 2 3 1 0.3 4
801k-850k 1 1 0.2 6
851k-900k 1 1 0.2 6
951k-1m 2 1 0.1 12
1.1m-1.2m 1 0
1.3m-1.4m 2 0
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 11% 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
201k-225k 1 0
251k-275k 2 2 0.2 6
276k-300k 1 2 1 0.3 3
301k-325k 3 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 2 8 0.7 1.5
26k-50k 14 4 0 21
51k-75k 13 4 0.1 19.5
76k-100k 7 2 1 0 21
101k-125k 6 2 0.1 18
126k-150k 1 0
151k-175k 3 2 0.1 9
176k-200k 3 5 1 0.3 3.6
201k-225k 3 2 0.1 9
226k-250k 4 2 0.1 12
251k-275k 3 0
276k-300k 2 0
351k-375k 1 0
376k-400k 1 0
426k-450k 1 0
451k-475k 1 0
651k-700k 1 0
701k-750k 1 0
951k-1m 2 0
1.1m-1.2m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
2m-2.25m 1 0
2.25m-2.5m 2 0
3m-3.5m 1 0
4m-4.5m 1 0
5.01m-6m 1 0