Absorption Report

Loganville, Ivy Creek


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 40% 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
126k-150k 1 1 0.2 6
151k-175k 1 0.2 0
176k-200k 1 1 0.2 6
201k-225k 2 2 0.2 6
226k-250k 4 0.7 0
251k-275k 3 6 0.3 3
276k-300k 2 10 3 0.8 1.2
301k-325k 2 12 1 1 1
326k-350k 3 14 8 0.8 1.3
351k-375k 1 22 3 3.7 0.3
376k-400k 8 23 2 0.5 2.1
401k-425k 8 31 5 0.6 1.5
426k-450k 13 41 10 0.5 1.9
451k-475k 7 44 8 1 1
476k-500k 11 47 7 0.7 1.4
501k-550k 34 111 28 0.5 1.8
551k-600k 31 103 16 0.6 1.8
601k-650k 37 85 17 0.4 2.6
651k-700k 37 98 20 0.4 2.3
701k-750k 34 79 15 0.4 2.6
751k-800k 38 73 12 0.3 3.1
801k-850k 28 46 11 0.3 3.7
851k-900k 27 49 11 0.3 3.3
901k-950k 19 26 4 0.2 4.4
951k-1m 16 27 4 0.3 3.6
1m-1.1m 7 15 3 0.4 2.8
1.1m-1.2m 11 10 0.2 6.6
1.2m-1.3m 7 21 5 0.5 2
1.3m-1.4m 6 10 1 0.3 3.6
1.4m-1.5m 7 7 1 0.2 6
1.5m-1.6m 1 7 1 1.2 0.9
1.6m-1.7m 11 4 0.1 16.5
1.7m-1.8m 3 2 0.1 9
1.8m-1.9m 5 1 0 30
1.9m-2m 4 1 0 24
2m-2.25m 2 4 1 0.3 3
2.25m-2.5m 3 2 0.1 9
2.5m-2.75m 2 0
2.75m-3m 2 0
3m-3.5m 2 1 0.1 12
3.5m-4m 2 3 2 0.3 4
5.01m-6m 1 0
7.01m-8m 1 0

Townhouses 48% 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
276k-300k 1 5 1 0.8 1.2
301k-325k 3 0.5 0
326k-350k 3 5 1 0.3 3.6
351k-375k 5 2 0.8 0
376k-400k 2 6 0.5 2
401k-425k 2 9 2 0.8 1.3
426k-450k 4 0.7 0
451k-475k 9 1.5 0
476k-500k 4 16 4 0.7 1.5
501k-550k 8 19 4 0.4 2.5
551k-600k 1 6 1 1 1
601k-650k 3 6 1 0.3 3
651k-700k 2 1 0.3 0
701k-750k 2 0.3 0
751k-800k 1 0
801k-850k 1 0

Condos 40% 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
226k-250k 1 0.2 0
301k-325k 1 2 0.3 3
326k-350k 3 1 0.5 0
351k-375k 1 0.2 0
376k-400k 1 2 1 0.3 3
401k-425k 1 3 0.5 2
426k-450k 1 3 0.5 2
451k-475k 2 6 2 0.5 2
476k-500k 3 5 1 0.3 3.6
501k-550k 4 11 1 0.5 2.2
551k-600k 4 7 2 0.3 3.4
601k-650k 1 0

Land 22% 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 1 1 0.2 6
51k-75k 4 4 1 0.2 6
76k-100k 1 0
101k-125k 1 2 0.3 3
126k-150k 4 1 0 24
151k-175k 1 3 1 0.5 2
176k-200k 4 3 1 0.1 8
201k-225k 2 0
226k-250k 3 1 0.1 18
251k-275k 1 3 1 0.5 2
276k-300k 4 1 0 24
301k-325k 2 1 0.3 0
326k-350k 1 3 1 0.5 2
351k-375k 1 0
376k-400k 2 1 0.1 12
401k-425k 1 0
426k-450k 2 1 0.3 0
451k-475k 1 0.2 0
476k-500k 3 1 0.1 18
501k-550k 3 2 0.5 0
551k-600k 1 0.2 0
601k-650k 3 1 0.1 18
651k-700k 4 1 0 24
701k-750k 3 0
751k-800k 1 2 1 0.3 3
851k-900k 2 1 0.1 12
901k-950k 1 0
951k-1m 1 0
1m-1.1m 2 2 1 0.2 6
1.1m-1.2m 1 1 0.2 6
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 3 0
1.6m-1.7m 2 1 0.1 12
1.7m-1.8m 1 0.2 0
1.9m-2m 2 0
2m-2.25m 3 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
2.75m-3m 1 0
3m-3.5m 3 0
3.5m-4m 1 1 0.2 6
4m-4.5m 1 0
4.5m-5m 1 0.2 0
5.01m-6m 1 1 0.2 6