Absorption Report

Conyers, Loganville, House, Conyers Middle 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

Townhouses 29% 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 4 0
26k-50k 2 0.3 0
51k-75k 1 1 0.2 6
76k-100k 1 0.2 0
101k-125k 2 2 0.2 6
126k-150k 4 2 0.1 12
151k-175k 3 3 1 0.2 6
176k-200k 6 9 3 0.3 4
201k-225k 10 19 2 0.3 3.2
226k-250k 21 32 5 0.3 3.9
251k-275k 17 21 1 0.2 4.9
276k-300k 17 35 8 0.3 2.9
301k-325k 17 29 0.3 3.5
326k-350k 21 39 3 0.3 3.2
351k-375k 24 38 10 0.3 3.8
376k-400k 14 37 8 0.4 2.3
401k-425k 12 41 3 0.6 1.8
426k-450k 20 41 10 0.3 2.9
451k-475k 16 44 4 0.5 2.2
476k-500k 33 40 4 0.2 5
501k-550k 33 77 9 0.4 2.6
551k-600k 43 67 9 0.3 3.9
601k-650k 34 41 9 0.2 5
651k-700k 27 43 11 0.3 3.8
701k-750k 32 27 5 0.1 7.1
751k-800k 20 24 3 0.2 5
801k-850k 12 13 2 0.2 5.5
851k-900k 12 13 4 0.2 5.5
901k-950k 8 11 1 0.2 4.4
951k-1m 9 3 1 0.1 18
1m-1.1m 8 5 1 0.1 9.6
1.1m-1.2m 8 8 2 0.2 6
1.2m-1.3m 11 7 0.1 9.4
1.3m-1.4m 5 7 3 0.2 4.3
1.4m-1.5m 3 3 0.2 6
1.5m-1.6m 3 1 0.1 18
1.7m-1.8m 3 1 1 0.1 18
1.8m-1.9m 1 1 0.2 6
1.9m-2m 1 1 0.2 6
2m-2.25m 2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 1 0.2 6
2.75m-3m 1 0.2 0
3m-3.5m 1 1 0.2 0
3.5m-4m 1 0.2 0