Absorption Report

Alpharetta, Johns Creek, Townhouse, Dolvin Elementary School


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 41% of available homes are currently under contract

List Price Available # of Homes Available Sold Since 12/31 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 5 0
26k-50k 1 0
76k-100k 1 0
126k-150k 2 0.3 0
151k-175k 1 3 2 0.5 2
176k-200k 1 19 4 3.2 0.3
201k-225k 4 26 5 1.1 0.9
226k-250k 7 42 12 1 1
251k-275k 10 67 15 1.1 0.9
276k-300k 31 95 18 0.5 2
301k-325k 21 123 17 1 1
326k-350k 44 179 39 0.7 1.5
351k-375k 51 184 36 0.6 1.7
376k-400k 66 205 34 0.5 1.9
401k-425k 47 172 23 0.6 1.6
426k-450k 80 157 35 0.3 3.1
451k-475k 44 133 23 0.5 2
476k-500k 61 142 48 0.4 2.6
501k-550k 78 243 53 0.5 1.9
551k-600k 58 156 39 0.4 2.2
601k-650k 46 146 36 0.5 1.9
651k-700k 56 125 30 0.4 2.7
701k-750k 52 98 25 0.3 3.2
751k-800k 38 77 12 0.3 3
801k-850k 29 70 22 0.4 2.5
851k-900k 29 53 13 0.3 3.3
901k-950k 16 40 8 0.4 2.4
951k-1m 20 37 9 0.3 3.2
1m-1.1m 21 32 5 0.3 3.9
1.1m-1.2m 26 29 7 0.2 5.4
1.2m-1.3m 16 16 6 0.2 6
1.3m-1.4m 7 19 7 0.5 2.2
1.4m-1.5m 8 10 1 0.2 4.8
1.5m-1.6m 12 13 5 0.2 5.5
1.6m-1.7m 9 8 1 0.1 6.8
1.7m-1.8m 2 8 2 0.7 1.5
1.8m-1.9m 9 3 1 0.1 18
1.9m-2m 3 5 1 0.3 3.6
2m-2.25m 10 3 1 0.1 20
2.25m-2.5m 11 6 2 0.1 11
2.5m-2.75m 4 3 2 0.1 8
2.75m-3m 3 0
3m-3.5m 6 2 2 0.1 18
3.5m-4m 1 0.2 0
4m-4.5m 1 0
5.01m-6m 1 0
7.01m-8m 1 0