Absorption Report

Lithia Springs, House, Lithia Springs Comprehensive High 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 34% 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
76k-100k 2 1 0.3 0
101k-125k 2 0.3 0
126k-150k 2 4 1 0.3 3
151k-175k 3 1 0.5 0
176k-200k 6 1 1 0
201k-225k 2 6 0.5 2
226k-250k 2 14 5 1.2 0.9
251k-275k 4 20 5 0.8 1.2
276k-300k 9 32 7 0.6 1.7
301k-325k 13 42 3 0.5 1.9
326k-350k 22 62 16 0.5 2.1
351k-375k 9 40 4 0.7 1.4
376k-400k 28 52 9 0.3 3.2
401k-425k 20 54 6 0.5 2.2
426k-450k 29 71 7 0.4 2.5
451k-475k 27 41 7 0.3 4
476k-500k 21 47 9 0.4 2.7
501k-550k 34 46 7 0.2 4.4
551k-600k 25 28 5 0.2 5.4
601k-650k 10 24 5 0.4 2.5
651k-700k 12 11 2 0.2 6.5
701k-750k 10 14 3 0.2 4.3
751k-800k 7 7 1 0.2 6
801k-850k 7 6 2 0.1 7
851k-900k 7 4 1 0.1 10.5
901k-950k 3 1 0.1 18
951k-1m 1 1 0.2 6
1m-1.1m 2 1 0.1 12
1.1m-1.2m 1 0
1.2m-1.3m 3 2 1 0.1 9
1.3m-1.4m 1 0.2 0
1.4m-1.5m 2 1 0.1 12
1.5m-1.6m 1 0.2 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.9m-2m 1 0
2.25m-2.5m 2 0
2.75m-3m 1 0
3m-3.5m 1 0

Townhouses 24% 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
76k-100k 5 0.8 0
101k-125k 5 1 0 30
126k-150k 23 2 0 69
151k-175k 2 0.3 0
276k-300k 3 0.5 0
301k-325k 1 3 0.5 2
326k-350k 6 1 0
351k-375k 1 6 1 1
376k-400k 8 10 2 0.2 4.8
1.5m-1.6m 3 0

Condos NAN% 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 0.2 0

Land 12% 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
26k-50k 3 5 0.3 3.6
51k-75k 5 5 1 0.2 6
76k-100k 4 8 0.3 3
101k-125k 3 4 0.2 4.5
126k-150k 6 7 0.2 5.1
151k-175k 6 5 1 0.1 7.2
176k-200k 11 3 0 22
201k-225k 3 2 0.1 9
226k-250k 2 2 0.2 6
251k-275k 3 2 1 0.1 9
276k-300k 7 2 1 0 21
301k-325k 1 0
351k-375k 1 1 0.2 6
376k-400k 1 2 1 0.3 3
401k-425k 3 1 0.1 18
426k-450k 1 0
451k-475k 2 1 0.1 12
476k-500k 5 0
501k-550k 4 0
551k-600k 3 0
601k-650k 1 0
651k-700k 1 0
701k-750k 1 0
851k-900k 2 0
951k-1m 1 0
1.1m-1.2m 1 0
1.2m-1.3m 3 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 3 0
1.8m-1.9m 1 0
2m-2.25m 1 0
2.25m-2.5m 3 0
2.5m-2.75m 1 0
3m-3.5m 1 0
10.01m-11m 1 0