Absorption Report

Johns Creek, Tuckerbrook


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 33% 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
26k-50k 1 1 0.2 0
76k-100k 1 1 0.2 0
151k-175k 1 6 1 1
176k-200k 2 6 0.5 2
201k-225k 1 15 4 2.5 0.4
226k-250k 2 17 4 1.4 0.7
251k-275k 10 58 6 1 1
276k-300k 29 79 17 0.5 2.2
301k-325k 24 68 7 0.5 2.1
326k-350k 27 95 15 0.6 1.7
351k-375k 39 98 13 0.4 2.4
376k-400k 72 127 19 0.3 3.4
401k-425k 47 69 7 0.2 4.1
426k-450k 35 71 15 0.3 3
451k-475k 25 40 5 0.3 3.8
476k-500k 22 36 7 0.3 3.7
501k-550k 27 37 8 0.2 4.4
551k-600k 18 28 7 0.3 3.9
601k-650k 11 4 0.1 16.5
651k-700k 4 3 0.1 8
701k-750k 3 8 2 0.4 2.3
751k-800k 3 1 0.1 18
801k-850k 1 3 1 0.5 2
851k-900k 1 0
901k-950k 1 0
1.3m-1.4m 1 0.2 0
1.8m-1.9m 2 0
1.9m-2m 1 0
3.5m-4m 1 0

Townhouses 14% 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
201k-225k 1 1 0.2 6
251k-275k 2 0
276k-300k 1 1 0.2 6
301k-325k 1 3 1 0.5 2
326k-350k 1 0

Condos 100% 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
251k-275k 2 0.3 0

Land 19% 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 1 0.2 0
26k-50k 10 2 0 30
51k-75k 11 10 3 0.2 6.6
76k-100k 3 3 1 0.2 6
101k-125k 3 3 1 0.2 6
126k-150k 2 1 0.1 12
151k-175k 3 3 3 0.2 6
176k-200k 5 2 1 0.1 15
201k-225k 3 0
226k-250k 4 1 0 24
251k-275k 2 0
276k-300k 2 1 0.1 12
301k-325k 2 0
326k-350k 1 0.2 0
376k-400k 1 1 0.2 6
426k-450k 2 0
451k-475k 1 0
501k-550k 1 1 0.2 6
551k-600k 3 0
651k-700k 1 0
701k-750k 1 0.2 0
751k-800k 1 0
801k-850k 2 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 1 2 1 0.3 3
3m-3.5m 1 0
4.5m-5m 1 0
6.01m-7m 1 0