Absorption Report

Marietta, Woodbine Station

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 26% 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 0
51k-75k 1 1 0.2 0
126k-150k 3 1 0.5 0
176k-200k 1 1 0.2 6
201k-225k 1 0.2 0
226k-250k 1 2 0.3 3
251k-275k 3 8 0.4 2.3
276k-300k 8 11 2 0.2 4.4
301k-325k 8 13 4 0.3 3.7
326k-350k 10 21 2 0.4 2.9
351k-375k 5 37 5 1.2 0.8
376k-400k 13 30 3 0.4 2.6
401k-425k 13 36 5 0.5 2.2
426k-450k 19 64 14 0.6 1.8
451k-475k 15 45 5 0.5 2
476k-500k 22 38 6 0.3 3.5
501k-550k 47 80 11 0.3 3.5
551k-600k 34 63 7 0.3 3.2
601k-650k 37 70 10 0.3 3.2
651k-700k 34 61 7 0.3 3.3
701k-750k 16 45 5 0.5 2.1
751k-800k 20 33 3 0.3 3.6
801k-850k 14 18 2 0.2 4.7
851k-900k 14 15 4 0.2 5.6
901k-950k 3 13 1 0.7 1.4
951k-1m 8 8 0.2 6
1m-1.1m 8 6 0.1 8
1.1m-1.2m 3 7 0.4 2.6
1.2m-1.3m 6 3 0.1 12
1.3m-1.4m 4 5 1 0.2 4.8
1.4m-1.5m 3 7 2 0.4 2.6
1.5m-1.6m 5 4 0.1 7.5
1.6m-1.7m 5 2 1 0.1 15
1.7m-1.8m 1 4 1 0.7 1.5
1.8m-1.9m 2 0
1.9m-2m 2 0
2m-2.25m 1 1 1 0.2 6
2.25m-2.5m 9 2 1 0 27
2.5m-2.75m 1 1 0.2 6
2.75m-3m 1 0
3.5m-4m 2 0
5.01m-6m 1 0

Townhouses 16% 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 2 1 0.3 0
251k-275k 2 0.3 0
276k-300k 1 1 1 0.2 6
301k-325k 1 5 0.8 1.2
326k-350k 5 10 0.3 3
351k-375k 2 8 1 0.7 1.5
376k-400k 1 1 1 0.2 6
401k-425k 2 2 1 0.2 6
426k-450k 7 3 0.1 14
451k-475k 6 0
476k-500k 1 3 2 0.5 2
501k-550k 1 3 1 0.5 2
551k-600k 3 0
601k-650k 4 1 0 24
651k-700k 7 0
701k-750k 1 1 0.2 6
751k-800k 1 0.2 0
801k-850k 1 0.2 0

Condos 50% 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 1 0.2 0
326k-350k 1 0.2 0
351k-375k 2 0.3 0
376k-400k 1 0
401k-425k 1 1 0.2 6

Land 6% 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 5 1 0 30
51k-75k 3 1 1 0.1 18
76k-100k 4 3 0.1 8
101k-125k 3 1 0.1 18
126k-150k 7 4 0.1 10.5
151k-175k 5 2 0.1 15
176k-200k 1 4 1 0.7 1.5
201k-225k 6 2 0.1 18
226k-250k 7 3 1 0.1 14
251k-275k 2 1 0.1 12
276k-300k 8 0
301k-325k 2 1 0.1 12
326k-350k 5 0
351k-375k 3 0
376k-400k 1 1 0.2 6
426k-450k 4 0
451k-475k 2 0
476k-500k 3 0
501k-550k 4 0
551k-600k 3 0
601k-650k 2 0
651k-700k 4 0
701k-750k 2 0
751k-800k 3 0
851k-900k 1 0
951k-1m 1 1 0.2 0
1.2m-1.3m 2 0
1.3m-1.4m 2 1 0.3 0
1.4m-1.5m 3 0
1.6m-1.7m 2 0
1.7m-1.8m 2 0
1.9m-2m 2 0
3.5m-4m 1 0
4m-4.5m 1 0